Worldcrunch
SAO PAULO — The hatchet has been dug up. No surprise there. The truce brought about in the ride-hailing war by Didi Chuxing’s acquisition of Uber’s Chinese operation in August was only ever going to be temporary. Instead, this hiatus allowed both competitors to pick a new battleground: Brazil. São Paulo-based business magazine Exame reported […]
–OpEd– SANTIAGO – After four long years in court, the 10 Chilean pharmaceutical executives prosecuted for colluding to raise the prices of 222 medicines can breathe easy. These business leaders from the companies Salco-Brand, Ahumada and Cruz Verde were in fact convicted, but the sentence amounted to a meager fine — the equivalent of $445,000 […]
The Occupy Movement began on Wall Street by the so-called 99% shut out from economic growth. But Latin America’s income gap mirrors the U.S. In Chile, it is particularly extreme.