From Requinoa to New York: the operation that led Prize to be the first Chilean company to be listed on the US Nasdaq – La Tercera

A year ago, the American society Rose Hill Acquisition Corporation was listed on the Nasdaq. Its purpose was only one: to use that vehicle to open a Latin American company to the US stock market and thereby materialize its growth potential. He analyzed dozens of companies in Mexico, Brazil, Colombia, Chile and Peru. And he … Read more

Closing stores and raising margins: Falabella’s adjustments amid slowing demand | Financial Journal

The Falabella group announced that it is evaluating the closure of some stores of its department store division in Chile, Peru and Colombia, which -said the conglomerate- is part of a “constant review process” of its operations. The plan comes amid the boom in internet sales, which has significantly reduced the profitability of some direct … Read more

China wants to conquer Europe with electric cars | D.W. | 10.17.2022

With the arrival of the new models of electric cars from the Chinese manufacturer Nio in October in Germany, a new concept of battery replacement points also appears. If the user does not want to recharge his car with the cable, he can change the empty battery for a full one. But there is a … Read more

The two restructurings of Walmart Chile: it reorganizes its operations and decreases capital – La Tercera

There have been two processes. One that left more than a decade ago, and another about five years ago. One affected the company level and the other impacted downstream, in the operation. One that had a pause and that was speeded up with the pandemic. And another who advanced step by step. One that concluded … Read more

The post on LinkedIn that makes Houm uncomfortable | DFMAS

Last week a post by the executive director of the industrial marketing center of the University of Chile, Andrés Vidal, generated noise on LinkedIn. In the publication, the commercial engineer stated that he had a bad experience with the Chilean proptech Houm. “In my case, I believed a lot in this new format, until the … Read more

Wall Street closes with solid gains as it gauges outlook after US CPI | Financial Journal

Stock markets closed with strong gains a frenetic session on Thursday, marked initially by disappointment at a higher-than-expected US CPI and then by optimism in a scenario where equities are presumed to have bottomed. The Dow Jones expanded 2.83%, the S&P 500 advanced 2.59% and the Nasdaq Composite grew 2.23%, with which Wall Street broke … Read more

Ansaldo toy store turned 120 and reveals what it did to not disappear like Rochet or Otto Kraus

In the memory of those who were children in the 80’s and 90’s, there are 3 places where dreams of having the most desired or fashionable toy were fulfilled: Ansaldo, Otto Kraus and Rochet. Today only the first toy store is still in force and today it narrates the keys to its business. Ansaldo and … Read more

B. Central raises rate by 50 points in unanimous decision and declares that the cycle of hikes has reached its maximum | Financial Journal

The cycle of increases in the Monetary Policy Rate (MPR) would finally be over. This was unanimously decreed by the Central Bank Council, which at its meeting concluded yesterday, Wednesday, decided to raise it by 50 basis points, to a peak of 11.25%. “The Board estimates that the MPR has reached the maximum level of … Read more

Central Bank raises the rate to 11.25% and economists project that it will remain at that level until the first quarter of 2023 – La Tercera

The Central Bank once again raised the Monetary Policy Rate by 50 base points, taking it to 11.25%. This time, and unlike the last meeting, the decision was unanimous. According to the governing body, the council estimates that the Monetary Policy Rate (TPM) “It has reached the maximum level of the cycle that began in … Read more

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