Companies

Compañía Sudamericana de Vapores (CSAV), part of Grupo Luksic, reported profits of US$213.1 million for 2025, down 45% from 2024. The decline stems mainly from lower results at its key investment Hapag-Lloyd, due to reduced freight rates and higher operating costs.

March 26, 2026 Reported by AI

Chile's National Economic Prosecutor's Office (FNE) has ordered an investigation into the effects of Molycop's acquisition by India's Tega Industries and Apollo Global Management funds. The deal, announced in September 2025 and valued at about $1.5 billion, gives Tega a 77% stake and Apollo 23%. The regulator aims to rule out risks to free competition in the national market.

Korea's three major sugar producers, CJ CheilJedang, Samyang, and TS, have been fined a combined 408.2 billion won ($282 million) for colluding to fix sugar prices. The Fair Trade Commission (FTC) stated that the companies conspired on eight occasions from February 2021 to April 2025. This occurred while consumers were suffering from the COVID-19 pandemic's fallout.

February 01, 2026 Reported by AI

The Korean unit of online retailer Coupang transferred more than 900 billion won ($620 million) in expenses to its US headquarters in 2024, according to an audit report. These related-party expenses, including service fees and royalties, totaled over 2.5 trillion won from 2020 to 2024. Tax authorities are investigating the transactions amid concerns over potential tax avoidance.

Nomura Holdings President Kentaro Okuda expressed enthusiasm in an interview with The Yomiuri Shimbun to increase individual clients through employee stock purchase associations at other companies. He plans to promote a hybrid service combining smartphone apps with face-to-face consulting, noting the rise in securities accounts opened via these associations, especially among those in their 50s and younger. Alongside expanding services for the wealthy, the firm aims to boost assets under custody by 60% to ¥37 trillion by fiscal 2030.

December 16, 2025 Reported by AI

Folha and FGV's Center for Financial Studies launched on Wednesday (17) the second edition of the survey on diversity in Brazilian companies, examining gender, race, and age inclusion in publicly traded firms. The study shows subtle improvements in female and Black, Brown, and Indigenous participation but warns of persistent inequalities in top management and diversity washing practices. Drawing from CVM data for 2024, the report highlights 20 leading DEI companies and notes data omissions by 85 firms.