News of companies

Argentine firms cut from dollar access rush to refinance debt

20-05-2022 13:39 Local firms begin to refinance debt due next year as they lose faith Central Bank will roll back restrictions that limit access to dollars.

TECH & TAX

Argentina's tech industry earning billions of dollars off the books

22-04-2022 16:30 Billions of dollars in Argentine technology exports are going unreported as companies and freelance workers skirt currency controls, according to an industry group.

LITHIUM

Lithium's rally isn't slowing as costs rise for electric vehicles, batteries

03-11-2021 07:00 Electric vehicles have lithium booming — and this time, there is no bust in sight.

BLOOMBERG

Argentina seeks pre-election price freeze on 900 household goods

13-10-2021 15:44 Government aims to extend Precios Cuidados price control programme to approximately 900 household goods in its latest attempt to recover ground with voters.

Bloomberg

MercadoLibre SPAC has 30 Latin America tech firms in its sights

02-10-2021 08:03 E-commerce giant's firm with venture capital firm Kaszek is just getting off the ground. Already, the e-commerce giant’s executives are mulling more partnerships in the region.

BLOOMBERG

Debt load threatens Latin America jobs recovery, World Bank says

14-09-2021 12:06 Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.

15% AGREED

Global tax overhaul nears historic deal amid last-minute hurdles

03-07-2021 13:31 Deal is a victory for the Joe Biden administration and its global allies, although it still faces multiple significant obstacles to completing an ambitious plan that has been years in the making.

Corporate taxation

Guzmán praises G7's minimum global corporate tax initiative

06-06-2021 09:32 Argentina's economy minister says move to create a global minimum corporate tax rate of 15% is "a positive step to attack tax avoidance from multinationals."

WORLD ECONOMY

G7 strikes 'historic' agreement over global corporate tax

06-06-2021 09:24 Group of Seven rich nations agree landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on tech giants such as Amazon and Facebook.

LEGAL MARIJUANA IN MEXICO?

Mexico prepares for legal marijuana gold rush

18-03-2021 11:52 Mexican lawmakers are close to approving legalisation that is expected to catapult the country's regulated cannabis trade into a billion-dollar legal marijuana market.

CORONAVIRUS PANDEMIC

‘Held to ransom’: Pfizer demands governments gamble with state assets to secure vaccine deal

27-02-2021 07:41 US pharma giant accused of “bullying” Latin American governments in Covid vaccine negotiations, even asking Argentina and Brazil to put up sovereign assets as guarantees against any future legal costs.

by MADLEN DAVIES, IVÁN RUIZ, JILL LANGOIS & ROSA FURNEAUX, The Bureau of Investigative Journalism

Bloomberg

Central Bank extends rules for companies to restructure dollar debt

26-02-2021 01:31 BRCA extends deadline for companies to restructure debt in dollars until December 31.

BLOOMBERG

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.

Business departure?

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.

EMERGENCY DECREE

Government freezes TV, Internet and mobile phone prices until 2021

21-08-2020 22:59 The government announced late Friday that is extending a price freeze for TV, Internet and mobile service until the end of the year, deeming them “essential public services.”

ANTITRUST AND REGULATION

Big Tech’s Funday in Congress

01-08-2020 10:18 Amazon, Facebook, Google, and Apple have become some of the most powerful organisations in the world – and the global coronavirus pandemic has only made their dominant position even stronger.

by Agustino Fontevecchia

TELEWORKING LAW

Congress approves law to regulate teleworking

01-08-2020 09:49 Senate grants passage to legislation laying down rules for workers and employers in post-pandemic future , mostly along party lines.

Bloomberg

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.

OPINION

Giorgio was right

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

by Pola Oloixarac

BLOOMBERG – ANALYSIS

Argentine corporates are bright spot after nation's debt default

18-06-2020 00:28 You might think Argentine companies will struggle to make bond payments due this year amid the government’s ninth default, a long recession and ever-stricter capital controls. You’d be wrong.

News of companies

Argentine firms cut from dollar access rush to refinance debt

Argentina's tech industry earning billions of dollars off the books

Lithium's rally isn't slowing as costs rise for electric vehicles, batteries

Argentina seeks pre-election price freeze on 900 household goods

MercadoLibre SPAC has 30 Latin America tech firms in its sights

Debt load threatens Latin America jobs recovery, World Bank says

Global tax overhaul nears historic deal amid last-minute hurdles

Guzmán praises G7's minimum global corporate tax initiative

G7 strikes 'historic' agreement over global corporate tax

Mexico prepares for legal marijuana gold rush

‘Held to ransom’: Pfizer demands governments gamble with state assets to secure vaccine deal

Central Bank extends rules for companies to restructure dollar debt

Bankrupt Venezuela cedes control of companies

French multinational Danone announces strategic review of activities in Argentina

Government freezes TV, Internet and mobile phone prices until 2021

Big Tech’s Funday in Congress

Congress approves law to regulate teleworking

Negative-yielding corporate bonds are all the rage in Argentina

Giorgio was right

Argentine corporates are bright spot after nation's debt default

Argentina moves closer to joining BRICS group

Covid cases continue to rise in Argentina, rising 28% from previous week

China, US are in a space race to make billions from mining the moon's minerals

US 'evaluating' inclusion of Cuba, Venezuela and Nicaragua voices in summit

Feletti resigns as domestic trade secretary, strengthening Guzmán's hand

A pesar de representar a la Ciudad de Buenos Aires, la diputada de Milei gastó todos los pasajes aéreos del Estado

Testigo en casa de Pettinato: "Los vi muy eufóricos a Felipe y al médico pocas horas antes del incendio"

Milagro en el microcentro porteño: se arrojó desde el piso 11 y se salvó

Las confesiones de Adolf Eichmann a un periodista en Buenos Aires salen a la luz 65 años después

Viruela del mono: "alta probabilidad" de que el caso sospechoso en Buenos Aires sea positivo