Carolina Gonzalez

LATAM Airlines Group SA posted quarterly earnings that exceeded expectations and boosted its full-year guidance, saying it expects more favorable conditions for the remainder of the year despite high fuel costs.

Cencosud SA, one of Latin America’s largest retailers, reported a sharp drop in quarterly earnings due to the expense of the company’s new strategic plan.

Fitch Ratings is skeptical that tax cuts approved by Chile’s Congress last month will boost growth by enough to offset the immediate drop in revenue, leaving the emphasis on fiscal spending reductions if the government wants to balance the books anytime soon.

Chile received a record number of Brazilian tourists last month as ski resorts reopened, a silver lining to the deluge of rain and heavy snows that have battered the Latin America country for weeks, and a shot in the arm to a struggling tourism industry and economy.

Venezuela’s ousted President Nicolás Maduro resurfaced in a series of pictures posted Sunday on social media, just days after acting President Delcy Rodríguez inked a sweeping energy agreement with the United States.

Expectativas de que el gobierno de José Antonio Kast logrará reactivar la economía están elevando el apetito por bonos corporativos de menor grado en Chile.

Chilean investors are dipping a toe into lower-rated corporate bonds on bets that the new administration’s economic reform will revive growth.

Chile’s economic activity is languishing, unemployment is soaring at the highest level since the times of pandemic lockdowns and 2026 growth forecasts are in a free-fall. And yet the central bank is widely expected to hold its interest rate steady on Tuesday as global inflation risks loom.

Chile is allowing local pension funds to participate in repo and reverse-repo transactions for the first time, improving their liquidity management and cutting costs, while boosting trading volumes in a quiet backwater of the Latin American debt market.

Read the story in English Chile permitirá por primera vez que los fondos de pensiones locales participen en pactos de recompra y retroventa inversa, una medida que busca mejorar su gestión de liquidez y reduciendo costos, al tiempo que impulsa los volúmenes de negociación en un segmento poco activo del mercado de deuda latinoamericano.