News of companies

Bankrupt Venezuela cedes control of companies

16-02-2021 18:14 Dozens of confiscated firms have been transferred – but not sold – to private operators in so-called strategic alliances.

French multinational Danone announces strategic review of activities in Argentina

19-10-2020 09:43 French food multinational Danone plans biggest shake-up in years with portfolio review; changes could involve sale of Vega protein powder brand as well as a unit in Argentina.

Negative-yielding corporate bonds are all the rage in Argentina

30-07-2020 14:21 Argentine companies issued a record US$596 million of dollar-linked bonds domestically in the past two months, and about a third now pay negative yields. Investors, nevertheless, are lapping them up.

Giorgio was right

04-07-2020 08:51 Quarantine has been renewed, presented as a lifestyle by the government.

by Pola Oloixarac

Tax on Argentina’s biggest fortunes to fight Covid-19 pandemic on way

15-04-2020 00:07 The tax will apply "to around 200 people and some 200 companies with the biggest invoicing,” Frente de Todos lawmaker Hugo Yasky told Radio Con Vos.

Firms will go bankrupt within 30 days of no work, warns business lobby

28-03-2020 08:56 Argentina’s Chamber of Commerce praises government’s handling of coronavirus crisis but warns that paralysis of economic activity will hit companies hard.

Pope demands tech companies prevent kids from viewing porn

14-11-2019 12:45 Pope says tech companies should assume a moral responsibility to protect young people from what he said were the ruinous effects of pornography on their emotional and sexual development.

Investors stuck in Argentina rush to local corporate bond market

11-10-2019 10:34 Foreign investors are starting to flock to Argentina’s usually sleepy local corporate-bond market, desperate to reinvest cash stuck in the country due to recently imposed capital controls.

MercadoLibre & Globant: the two homegrown firms defying the gloom

22-08-2019 09:56 MercadoLibre and Globant increased their worldwide workforces 30% and 31%, respectively, to 7,239 and 8,384 in 2018 when most of the nation’s employers were either letting people go or not hiring during the recession.