News of earnings

Surge in Argentine tourists fuels Chile retail earnings

11-03-2025 16:06 Argentina's strong peso encouraged 2 million people to travel to Chile last year, boosting earnings for retailers and airlines on the other side of the border.

BUSINESS

Telefónica posts 49-million-euro loss on Latin America write-offs

27-02-2025 10:58 Spanish telecoms giant suffered writedown of assets in Latin America, where group begun the sale of several subsidiaries.

THIRST FOR DOLLARS

Argentines’ love of dollars creates a windfall for local brokers

02-10-2023 16:53 Argentina’s economic disaster has sent inflation soaring and pushed poverty levels toward a 15-year high. But for local brokerages, the chaos has fuelled a boom unlike anything industry veterans can remember.