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Business 11 Nov 2021 | 7:00 AM

LATAM Airlines posts US$692mil loss as pandemic headwinds persist

SANTIAGO: Latin America’s largest airline, LATAM Airlines, reported losses of some US$692mil (RM2.87bil) in the third quarter, as the indebted company said it was still battling challenges from the coronavirus pandemic.

Aviation 10 Sep 2021 | 6:58 AM

LATAM Airlines receives several financing offers to exit bankruptcy

NEW YORK: LATAM Airlines said on Thursday it has received several offers to fund its exit from Chapter 11 bankruptcy, each of which are worth more than US$5 billion

Energy 02 Jul 2021 | 7:00 AM

Billionaire-owned driller buys Sinopec assets

BUENOS AIRES: Argentina’s Compania General de Combustibles SA has acquired the local unit of China Petroleum & Chemical Corp, turning the billionaire-owned driller into a top-five oil and gas producer in the South American country.