Digital Resources and Entertainment
The main private banks in the country -Santander, Banco de Chile, Bci, Scotiabank and Itaú- published their preliminary results at the end of September and some players are happy with their accounts despite the economic scenario of lower growth and inflation. Banco de Chile captured all eyes of the market by being the leader in … Read more
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
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
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
Latam’s landing after the turbulent recent years seems to be soon. The airline announced an important milestone in its process of leaving Chapter 11, since in an essential fact sent to the Commission for the Financial Market (CMF), it delivered the details of the economic conditions of the financing agreed with a group of banks … Read more