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Santander to sell near $1 billion stake in Chile unit
Nov 22, 2011 13:34 EST
SANTIAGO (Reuters) - Spanish bank Santander SAN.MC> will sell a 7.8 percent stake in Santander Chile <STG.SN> <SAN.N>, worth around $1 billion dollars, to help meet capital requirements amid Europe's spreading crisis, the Chilean affiliate said, sending the local unit's shares plunging.
Santander to sell near $1 billion stake in Chile unit
Nov 22, 2011 12:19 EST
(Reuters) - Spanish bank Santander <SAN.MC> will sell a 7.8 percent stake in Santander Chile <STG.SN> <SAN.N>, worth around a billion dollars, to help meet capital requirements amid Europe's spreading crisis, the Chilean affiliate said, sending the local unit's shares plunging.
U.S. hopes IAEA report clearer on Iran nuclear fears
Oct 13, 2011 15:38 EDT
SANTIAGO (Reuters) - The United States hopes the U.N. atomic watchdog will be more detailed about its concerns Iran is covertly developing nuclear missiles in a report due out next month, a senior U.S. diplomat said on Thursday.
Chile air force plane presumed crashed, 21 aboard
Sep 03, 2011 10:46 EDT
SANTIAGO (Reuters) - A Chilean air force plane with 21 people aboard was presumed to have crashed in the Pacific Ocean on Friday after it disappeared near the remote Juan Fernandez islands, authorities said.
Teen shot in Chile anti-Pinera protest dies
Aug 26, 2011 14:25 EDT
SANTIAGO (Reuters) - A Chilean teenager died early on Friday after he was shot the previous day in huge protests in the capital against unpopular President Sebastian Pinera, the first death in months of social unrest.
Argentina's Fernandez hand strengthened by primary
Aug 15, 2011 18:04 EDT
BUENOS AIRES (Reuters) - Center-left Argentine President Cristina Fernandez looks set to win a second term in October and deepen her interventionist policies after thrashing rivals in a primary election, results showed on Monday.
Major protests erupt against Chile's Pinera
Aug 09, 2011 20:18 EDT
SANTIAGO (Reuters) - Protesters battled police in Chile's capital on Tuesday in the latest unrest against deeply unpopular President Sebastian Pinera, possibly sidetracking his top priorities such as capital market reforms.
Insomnia, fears haunt rescued Chile miners year on
Aug 05, 2011 17:19 EDT
COPIAPO, Chile (Reuters) - Feted as superstars after surviving months trapped deep in the earth's bowels, Chile's 33 rescued miners are fighting ghosts and hardships a year on -- and some are struggling to adjust to life back on the surface.
South America braces for fallout from crisis in north
Aug 05, 2011 17:16 EDT
LIMA (Reuters) - South American nations said on Friday they are well-positioned to withstand a sharper global downturn but want to insulate their economies further from a crisis of confidence they blame on Europe and the United States.
Analysis: Protests punish Pinera, but Chile economy seen safe
Jul 07, 2011 15:52 EDT
SANTIAGO (Reuters) - A growing wave of protests against Chilean President Sebastian Pinera's policies risks hampering his legislative agenda though investment in Latin America's model economy is seen safe for now.
Beset by protests, Chile offers $4 billion for education
Jul 05, 2011 23:37 EDT
SANTIAGO (Reuters) - Chile's President Sebastian Pinera, beset by mass student protests over education standards and costs seen threatening his legislative agenda, proposed on Tuesday a $4 billion fund for higher education.
Humala seeks to reassure Peru mining companies on tax
Jun 07, 2011 20:17 EDT
LIMA (Reuters) - Leftist President-elect Ollanta Humala tried to soothe fears of companies in Peru's vast mining sector on Tuesday, saying he would negotiate taxing their windfall profits instead of imposing a new levy unilaterally.
Left-winger Humala wins Peru election, markets dive
Jun 06, 2011 21:29 EDT
LIMA (Reuters) - Left-wing former army commander Ollanta Humala won Peru's presidential election and vowed the poor will share in the country's new wealth but financial markets plunged on fears that he will ruin the economy.
Left-winger Humala wins Peru election, markets plunge
Jun 06, 2011 12:26 EDT
LIMA (Reuters) - Left-wing former army commander Ollanta Humala won Peru's presidential election and vowed the poor will share in the country's new wealth but financial markets plummeted on fears that he will ruin the economy.
Acrimonious Peru election headed for photo finish
Jun 05, 2011 12:31 EDT
LIMA (Reuters) - A leftist former army commander faced the right-wing daughter of a jailed ex-president in Peru's tight presidential election on Sunday, in a combative race to lead a young democracy and booming economy.
Mexico's Slim to invest $1.5 billion in Argentina: report
Apr 16, 2011 10:21 EDT
BUENOS AIRES (Reuters) - Mexican magnate Carlos Slim plans to invest about $1.5 billion in Argentina's telecoms sector, a newspaper reported on Saturday, citing the government.
Salmon farms need copper for cages: Codelco
Apr 11, 2011 12:53 EDT
SANTIAGO (Reuters) - The global salmon farming industry could need up to 50,000 tonnes of copper a year to build rearing cages thanks to the metal's anti-bacterial qualities, Diego Hernandez, CEO of state mining giant Codelco, said on Monday.
Obama refocus on Latin America amid China push
Mar 16, 2011 17:23 EDT
WASHINGTON (Reuters) - President Barack Obama travels to Latin America this week seeking to reassert economic leadership in a region Washington once dominated but where it now faces growing competition from China.
Special Report: Advanced economies cope better with disasters
Mar 13, 2011 10:16 EDT
BEIJING (Reuters) - The earthquake that devastated northeast Japan displaced the country's main island by 2.4 meters and even tilted the axis of the Earth by nearly 10 centimeters. The shock sounds awesome but it was imperceptible. History suggests the same will be true of the economic impact.
Special Report: Advanced economies cope better with disasters
Mar 13, 2011 09:50 EDT
BEIJING (Reuters) - The earthquake that devastated northeast Japan displaced the country's main island by 2.4 meters and even tilted the axis of the Earth by nearly 10 centimeters. The shock sounds awesome but it was imperceptible. History suggests the same will be true of the economic impact.
