By Fabian Cambero and Gabriel Araujo SANTIAGO (Reuters) -Chile’s economy shrank in the third quarter at the fastest quarterly rate in more than two years, declining further after a rapid…
By Natalia A. Ramos Miranda EL TENIENTE MINE, Chile (Reuters) – A huge fully electric-powered 14-ton loading shovel has begun operating at Chile’s century-old El Teniente copper mine, in what…
SANTIAGO (Reuters) – Workers of Chile’s Escondida mine, the world’s largest copper mine, decided to go on strike on November 21 and 23 due to labor demands, its No. 1 union…
SANTIAGO (Reuters) -Chilean industrial group Empresas Copec on Friday posted a 35.5% decrease in its third-quarter net profit versus a year earlier, mainly driven by a drop in non-operating income.…
SANTIAGO (Reuters) – Chilean telecoms giant Entel said on Saturday it would sell the assets of its fiber optic business, which provides services to homes, to local company ON*NET Fibra…
By Natalia A. Ramos Miranda and Alexander Villegas SANTIAGO (Reuters) – Chileans are set for a historic decision on Sunday: stick with a market-friendly constitution dating back to military dictator…
SANTIAGO (Reuters) -Chilean retailer Falabella on Tuesday reported a 51.7% year-on-year drop in its second quarter net profit, hit by increased costs. The company’s profit for the quarter was 65.12…
SANTIAGO – Chilean retailer Cencosud on Thursday said its net loss in the second quarter was of $21.9 million. Cencosud, one of South America’s largest retailers, reported that its overall…
SANTIAGO – Chile’s state-owned Codelco, the world’s top copper miner, expects to gradually restart operations at some of its mining projects on Monday, following the death of two workers earlier…
SANTIAGO – Chile’s central bank raised its benchmark interest rate to 9.75% on Wednesday, from 9.0% previously, and said it expected more rate hikes would be necessary as it looks…
By Natalia A. Ramos Miranda SANTIAGO -Union leaders at Chile’s state-owned mining firm Codelco, the world’s largest copper producer, reached an agreement with the company on Thursday to end a…
SANTIAGO – Workers at Chile’s state-owned Codelco, the world’s largest copper producer, will go on strike if they do not receive a favorable answer from the company’s board of directors…
SANTIAGO – Chilean state-owned Codelco, the world’s largest copper producer, said on Wednesday that it stopped its Ventanas smelter and refinery to carry out maintenance after authorities declared an environmental emergency…
MEXICO CITY – Chile’s LATAM Airlines received backing by a majority of its unsecured creditors in its Chapter 11 bankruptcy exit plan, the airline said Friday. LATAM, which filed for…
SANTIAGO – Chilean retailer Cencosud said on Friday it had signed a deal worth around $100 million to acquire Brazilian supermarket chain GIGA. GIGA, founded in 2009, has 10 shops…
By Fabian Cambero SANTIAGO – A record-breaking drought in Chile is impacting mining operations and forcing companies to escalate their search for more sources of water, from water treatment and…
SANTIAGO – Chile’s IMACEC economic activity index, a close proxy of gross domestic product (GDP), rose 7.2% in March from the same month last year, the country’s central bank said…
(Reuters) – Chilean copper producer Codelco posted on Friday a first quarter pre-tax profit of $1.521 billion, a 7% decrease from the year-ago period. The state-owned company’s quarterly production totaled…
(Reuters) – Chilean state-owned mining company Codelco is optimistic about copper prices for 2022 boosted by higher demand, its president Maximo Pacheco said on Friday during a press conference. Pacheco, who spoke…
SANTIAGO -A new pension withdrawal in Chile was voted down by a congressional committee Tuesday night after President Gabriel Boric submitted a competing proposal hours earlier that cleared a vote…
SANTIAGO – Copper output in Chile, the world’s largest producer of the metal, fell 7% year on year to 399,817 tonnes in February, the country’s statistics agency said on Thursday.…
SANTIAGO – Chile’s central bank revised its forecast for 2022 economic growth on Wednesday, dropping it to a range of 1.0% to 2.0% from an estimate of 1.5% to 2.5%…
– Chilean retailer Cencosud on Thursday posted a fourth quarter net profit of $249 million, boosted by improved revenues in the countries it operates, which also include Argentina, Peru, Brazil…