Chile's Codelco to reinvest $1 bln from E-CL sale
SANTIAGO Jan 7 (Reuters) - Chile's state copper miner Codelco [CODEL.UL] will reinvest the proceeds from the sale of its roughly $1 billion stake in energy firm E-CL (EDN.N), the head of Codelco's board, Gerardo Jofre, said Friday.
Jofre said he expects the sale will take two to three months. (Reporting by Moises Avila; Editing by John Picinich)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.