DIRS.INFO The most relevant business & tech news

☆ 2024 is a big year for the sun. This Helio year, see a total eclipse, solar storms, and NASA almost landing on our star.
▼ + stars: | 2024-01-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

The sun has a big year in 2024, starting with a total solar eclipse across the US. NASA's Parker Solar Probe will fly closer to the sun than any spacecraft ever, almost landing on it. One of the main events this year will be a historically cool total solar eclipse crossing the US in April. AdvertisementIn a total solar eclipse, the moon passes in front of the sun as seen from Earth, darkening the sky. For example, NASA is launching three rockets during the April total solar eclipse, loaded with instruments to study how the sudden darkness changes our upper atmosphere.

Persons: NASA's Parker, —, It's, Rodrigo Garrido, Rune Stoltz Bertinussen, Kelly Korreck, Connie Moore, NASA's, Nour Raouafi, Johns Hopkins, Steve Gribben, Raouafi, That's Organizations: Probe, Service, American Geophysical Union, Reuters, NASA, Parker Locations: San Francisco, Northern, Arizona, Australia, New Zealand, South America, Tromso, Norway

☆ Copper giant Codelco raises $2 billion in bond offering
▼ + stars: | 2023-09-05 | by ( Fabian Cambero | ) www.reuters.com time to read: +2 min

Codelco's logo is seen at the entrance of its Ventanas copper smelter in Ventanas, Chile October 18, 2019. REUTERS/Rodrigo Garrido/File Photo Acquire Licensing RightsSANTIAGO, Sept 5 (Reuters) - Chile's Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world's top copper producer seeks to fund an investment drive to revive flagging output. "This financing seeks to ensure the availability of resources for the development of a demanding portfolio of investments that for this year will need a total of $4.1 billion," Codelco said in a statement. It said the firm would need to lift its investments to about $4 billion from $3.3 billion to boost its "structural projects." Codelco's production slipped last year to about 1.45 million metric tons, the lowest in around a quarter of a century, and output has slipped further this year with the miner expecting to produce between 1.31 million to 1.35 million metric tons of copper.

Persons: Rodrigo Garrido, Codelco, Moody's, Fabian Cambero, Kylie Madry, Steven Grattan, Emelia, Jonathan Oatis Organizations: REUTERS, Rights, Treasury, BNP, Citi, J.P, Santander, Scotiabank, Thomson Locations: Ventanas, Chile, New York, Morgan

Containers of the Hapag-Lloyd shipping company are pictured at the Valparaiso port, Chile November 24, 2022. Chief Executive Rolf Habben Jansen said there were signs of recovery in spot freight rates and loadings. Shares in Hapag-Lloyd, the world's fifth-largest shipping line, were 2.9% down at 187.5 euros in early trade. Its first half revenues were 41% lower at 10.0 billion euros. EBITDA is expected to be between 4 billion and 6 billion euros.

Persons: Rodrigo Garrido, EBIT, Lloyd, Rolf Habben Jansen, Vera Eckert, Friederike Heine, Kim Coghill, Barbara Lewis Organizations: Lloyd, REUTERS, Companies, Maersk, CMA CGM, Reuters, Thomson Locations: Valparaiso, Chile, FRANKFURT, Hapag, North America, Ukraine

☆ Huawei ban would cost German rail operator 400 million euros, der Spiegel reports
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

A Huawei logo is seen on a cell phone screen in their store at Vina del Mar, Chile July 18, 2019. REUTERS/Rodrigo Garrido/File photoBERLIN, Aug 4 (Reuters) - Germany's national railway operator would have to spend up to 400 million euros ($437.44 million) to replace all the components in its infrastructure supplied by Chinese tech giant Huawei Technologies [RIC:RIC:HWT.UL], Spiegel magazine reported on Friday. Deutsche Bahn, which is state-owned, would face delays of five to six years for its projects if the German government decided to ban Huawei components in the short term, the report said, citing an internal company document. A spokesperson for Deutsche Bahn said the company would not comment on internal documents. Any decision to ban Huawei outright would likely draw an angry response from Beijing, with the Chinese foreign ministry having urged Berlin to act in line with its own interests and international rules.

Persons: Rodrigo Garrido, Rachel More, Miranda Murray Organizations: Huawei, Vina del, REUTERS, Huawei Technologies, Spiegel, Deutsche Bahn, Deutsche Telekom, Thomson Locations: Vina del Mar, Chile, BERLIN, Beijing, Berlin

☆ Chile's Boric to insist on shelved tax reform bill by end of July
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +2 min

[1/10] Chile's President Gabriel Boric gestures on the day of his annual speech at the National Congress, in Valparaiso, Chile June 1, 2023. REUTERS/Rodrigo GarridoSANTIAGO, June 1 (Reuters) - Chilean President Gabriel Boric said on Thursday his government will insist on pushing through a tax reform bill that was shelved by Congress earlier this year. "Everyone in this room knows, that neither this government or any other, can advance responsibly in making these rights a reality without tax reform." The government has also seen key parts of its agenda, like tax reform bill shelved by Congress in March, stalled by a divided legislature. During his speech, Boric also announced that the government will send a bill to Congress this year seeking bids for large scale energy storage requiring $2 billion in investments.

Persons: Gabriel Boric, Rodrigo Garrido SANTIAGO, Boric, We've, Alexander Villegas, Fabian Cambero, Alistair Bell Organizations: National Congress, REUTERS, Thomson Locations: Valparaiso, Chile, Latin America

☆ Chile's voters set to take big step in constitution redraft 2.0
▼ + stars: | 2023-05-05 | by ( Natalia A. Ramos Miranda | ) www.reuters.com time to read: +3 min

REUTERS/Rodrigo GarridoSANTIAGO, May 5 (Reuters) - Chileans will vote to elect 50 constitutional advisers on Sunday, a major step towards rewriting the constitution, after voters overwhelmingly rejected a first attempt in a plebiscite last September to replace the dictatorship-era charter. The so-called Constitutional Council that voters are set to elect will work as of June on the new constitution, based on a preliminary draft prepared by a commission of 24 experts that Congress appointed in March. "I voted to approve (in September), I wanted a new constitution and to get rid of the dictatorship's constitution, but now I'm not really interested." He stressed that traditional political forces are now more in control of the process, unlike the failed first attempt. It seems "likely that no single bloc or party will win enough seats to independently steer the process without compromise," Watson said.

☆ Chile approves bill cutting work week to 40 hours from 45
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +2 min

[1/7] Chile's Labor Minister Jeannette Jara celebrates next to others ministers and parliamentarians the approval of a bill reducing the number of weekly working hours from 45 to 40, in congress in Valparaiso, Chile, April 11, 2023. REUTERS/Rodrigo GarridoSANTIAGO, April 11 (Reuters) - Chile's Congress on Tuesday passed a hard-fought bill to gradually cut the work week to 45 hours from 40 hours, a legislative victory for President Gabriel Boric amid faltering popularity. But the work week law - which now awaits Boric's signature - constitutes a small victory for an administration that has been trying to shift the country away from its free-market constitution. The new law mandates one less hour a week of work per year until the work week reaches 40 hours, bringing Chile in line with most industrialized nations. Several companies in Chile have already announced that they will adopt the bill, including state-owned copper giant Codelco, which earlier this year said it would seek to implement the 40- -hour work week by 2026.

☆ Was the poet poisoned? Chile awaits new report on Neruda’s death
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

[1/4] A picture of Chilean poet and Nobel laureate Pablo Neruda is seen inside his museum house in the coastal sector of Isla Negra, Chile, April 26, 2016. REUTERS/Rodrigo GarridoFeb 15 (Reuters) - A third inquiry into the death of Chilean poet Pablo Neruda 50 years ago could shed new light on whether he was poisoned by political enemies, as alleged by some of his family. Rodolfo Reyes, a Neruda nephew, reiterated this week claims that his uncle - a member of the Communist party and the most important Chilean intellectual of the time - was poisoned. Previous tests have found no evidence Neruda, winner of the Nobel Prize for literature in 1971, was poisoned. Reporting by Fabian Andrés Cambero; Writing by Isabel Woodford; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

☆ Chile fires hit port and coastal city, two dead
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +2 min

[1/4] Residents pick up debris amid the remains of a burned house during a wildfire in Vina del Mar, Chile December 22, 2022. Meanwhile, a separate forest fire south of Ventanas near the coastal tourist city of Viña del Mar raged, killing at least two people while destroying some 200 homes, according to an interior ministry official. The government also declared a state of emergency in the Viña del Mar area on Thursday night. Codelco's smelter near the Ventanas port was already shut down due to maintenance, while the refinery is operating normally, according to Codelco, the world's top copper producer. No injuries were reported from the port fire, the company that administers the port said in a statement earlier on Thursday.

☆ Chile's artisanal fishermen fear die-out as trawling, climate bite
▼ + stars: | 2022-12-22 | by ( Rodrigo Garrido | ) www.reuters.com time to read: +3 min

The current fishing law, which came into effect in 2013, has faced criticism from lawmakers and fishermen who say it only benefits large fisheries. "Having a new fisheries Law means regaining the confidence of the actors in the sector and the country in the regulation," said Julio Salas, undersecretary of fisheries and aquaculture. Chile has more than 99,557 artisanal fishermen registered in official records, government data show. It could include elements to improve the sustainability of fishing stocks and give larger fishing quotas to small-scale businesses. Rodrigo Gallardo, an artisanal fisherman from the port of Valparaiso, said the practice of trawling needed to end in Chile.

☆ In Chile, amateur beekeeper rescues hives from coastal tourist city
▼ + stars: | 2022-12-06 | by ( Rodrigo Garrido | ) www.reuters.com time to read: +2 min

[1/5] Amateur beekeeper Angel Nieto, known as "the Bee Rescuer", prepares to remove a swarm of bees from a tree on a private property, in Vina del Mar, Chile December 3, 2022. REUTERS/Rodrigo GarridoVINA DEL MAR, Chile, Dec 6 (Reuters) - A goldsmith by trade, Angel Nieto carefully pries away a beehive from an inner-city tree in Chile's coastal Vina del Mar. Chilean scientists have warned of declining bee populations, threatened by agricultural pesticides and the impacts of climate change. "In this space we prepare for them, they can be free, live peacefully, without any aggressive interventions," he added. Reporting by Rodrigo Garrido; Writing by Sarah Morland; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Chilean lawmakers approve Trans-Pacific Partnership
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Chile's Sub Secretary of International Economics Relations Jose Miguel Ahumada shakes hands with Senator Ivan Moreira after the final discussion to vote on the Trans-Pacific Partnership at the National Congress in Valparaiso, Chile October 11, 2022. REUTERS/Rodrigo GarridoSANTIAGO, Oct 11 (Reuters) - Chile's congress voted to approve the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal on Tuesday after four years of legislative debate. Twenty-seven senators voted for the world's largest copper producer to join the 11-country trade deal while 10 voted against and one senator abstained. The government had said the CPTPP was not part of its program and it would not promote or hinder its passage. The trade deal had become a source of political debate, and protesters against the CPTPP gathered outside the Senate building on Tuesday to oppose the deal.

☆ Chile's Copec buys last-mile firm Blue Express for $225 million
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterCopec fuel storage tanks are seen in Ventanas, Chile September 1, 2018. REUTERS/Rodrigo Garrido/File PhotoSANTIAGO, Sept 26 (Reuters) - Chile's Empresas Copec (COPEC.SN) has entered the customer delivery services business by acquiring last-mile logistics firm Blue Express for about $225 million, the country's largest industrial group said on Monday. Copec subsidiaries signed an agreement with Private Investment Fund BX and Blue Express to purchase 100% of Blue Express' shares, Copec said in a filing to Chile's regulator. Register now for FREE unlimited access to Reuters.com RegisterBlue Express did not immediately respond to a request for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Natalia Ramos; Writing by Kylie Madry; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Chile to issue $12 bln in debt in 2023
▼ + stars: | 2022-09-22 | by ( Rodrigo Campos | ) www.reuters.com time to read: +2 min

Chile's Finance Minister Mario Marcel speaks to the media at the congress in Valparaiso, Chile March 23, 2022. REUTERS/Rodrigo GarridoNEW YORK, Sept 22 (Reuters) - Chile estimates it will issue $12 billion in total debt next year and the largest budget increases will be in social protection and science and technology, Finance Minister Mario Marcel told Reuters on Thursday. The minister is confident Chile will soon make a dent on inflation, running at double digits. Marcel said clear signals for another moderate constitutional proposal, progress on tax reforms and hopeful pension reforms will help reduce uncertainty. "It should take at least six years to face-in all this increase so as not to have an impact on employment."

☆ U.S. cutting global donations of Pfizer COVID shots as demand slows
▼ + stars: | 2022-09-22 | by ( Michael Erman | ) www.reuters.com time to read: +2 min

REUTERS/Rodrigo GarridoNEW YORK, Sept 22 (Reuters) - The United States is significantly cutting back the number of Pfizer (PFE.N)/BioNTech (22UAy.DE) COVID-19 vaccine doses it will buy for donation to poorer nations this year, Pfizer said on Thursday, citing diminished demand for the shots in those countries. The United States will have an option to buy up to an additional 400 million shots for the program after this year. Pfizer said it had already delivered 400 million vaccine doses in 79 countries under the U.S. government contract. The vaccine doses were donated through the COVAX program, run by the World Health Organization and GAVI global vaccine alliance, which was intended to deliver COVID-19 shots to the world's poorer countries. COVAX has been negotiating since june with vaccine manufacturers to cut or slow deliveries of 400 million to 600 million vaccine doses from its own contracts.

Search resuls for: "Rodrigo Garrido"

15 mentions found