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Chile to Invest $1Billion in Public Transport in Santiago

Chile to Invest $1Billion in Public Transport in Santiago

By Narayan Ammachchi The Chilean government has set aside $1 billion to bolster the public transport system in the capital Santiago. Constructing separate lanes for buses ferrying people to and from Santiago’s International Airport and adding more bus routes are ...

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Deutsche Bank to Lay Off Equity Staff in Latin America

Deutsche Bank to Lay Off Equity Staff in Latin America

By Narayan Ammachchi Germany’s biggest lender Deutsche Bank AG is considering cutting staff at its equities divisions in several Latin American countries, according to Bloomberg, although it is unclear precisely how many jobs will be lost. The news comes almost a ...

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Michelle Bachelet Wins Back Chilean Presidency

Michelle Bachelet Wins Back Chilean Presidency

By Narayan Ammachchi Chile’s former president Michelle Bachelet defeated her opponent and former childhood friend Evelyn Matthei in a run-off election held on Sunday. Bachelet received 3.5 million votes (63% of votes cast) while her opponent won 2.1 million votes (37%). The ...

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