LATAM Airlines reverses loss, posts $122 million net profit in Q1

(Reuters) – LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net loss of $380 million in the year-ago period. The airline, created by the 2012 merger of Chile’s LAN with Brazilian rival TAM, operates units in Chile, Brazil, Colombia and Peru. Revenue for Santiago-based LATAM during …

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Western Alliance says no unusual deposit outflows after First Republic sale

(Reuters) – Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank to JPMorgan Chase & Co, as the U.S. regional bank sought to reassure investors. Phoenix-based Western Alliance said its total deposits were $48.8 billion as of Tuesday, up from $48.2 billion …

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ISS recommends Tesla investors vote against re-election of board chair

SAN FRANCISCO (Reuters) -Proxy advisory firm ISS on Wednesday recommended Tesla investors vote against the re-election of board chair Robyn Denholm, citing concerns about a lack of scrutiny of the pledging of some company stocks by CEO Elon Musk and his brother Kimbal Musk. Pledging shares, or using them as collateral for loans, raises risks …

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Parte de una refinería de petróleo del sur de Rusia se incendia tras ataque de un dron: Tass

(Reuters) – Parte de una refinería de petróleo en el sur de Rusia está ardiendo después de que fuera alcanzada por un ataque con drones, informó la agencia de noticias Tass citando a los servicios de emergencia locales a primera hora del jueves. Según Tass, el incidente se produjo en la refinería Ilsky, cerca del …

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Oklahoma Gov. Stitt sees growing foreign interest in investments in state

By Andrea Shalal WASHINGTON (Reuters) – Oklahoma is seeing a sharp increase in foreign investment interest, especially in its renewable energy sector, and is on the cusp of signing large new deals with firms in Switzerland and Asia, Governor Kevin Stitt told Reuters on Wednesday. Stitt said Oklahoma, which just signed a trade agreement with …

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Un 60% de extranjeros en Perú se encuentran en condición irregular: ministro

LIMA (Reuters) – Un 60% de los 1,5 millones de extranjeros en Perú se encuentran en condición de irregular en el país, la mayoría procedente de Venezuela, según datos hasta la segunda quincena de abril, dijo el miércoles el ministro de Interior, Vicente Romero, en un informe al Congreso. En una presentación ante los legisladores …

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Pinduoduo owner PDD moves headquarters to Ireland from China

(Reuters) – PDD Holdings Inc, which owns discount e-commerce platforms Pinduoduo and Temu, has moved its headquarters from China to Ireland, according to recent filings from the company. The latest filings list Dublin as the company’s “principal executive offices”. Filings as recently as February show Shanghai as the listed address. The Chinese company, which recently …

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Chilena LATAM Airlines reporta ganancia neta 122 mln dlr en primer trimestre

(Reuters) – La chilena LATAM Airlines, el mayor grupo de transporte aéreo de América Latina, reportó el miércoles una utilidad neta de 122 millones de dólares en el primer trimestre, frente a una pérdida de 380 millones de dólares registrada en el mismo periodo de 2022. Los ingresos totales de LATAM, con operaciones internacionales dentro …

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