News of firms

Mercado Libre founder vows ​​US$75-million investment as he hosts Milei

05-09-2024 11:41 President Javier Milei received by Mercado Libre founder Marcos Galperin as he visits offices of tech giant; Entrepreneur, who is gripped in a “cartelisation” battle with Argentina’s banks, says US$75-million investment will create 2,300 new jobs at logistics centre.

Power producers seek better terms for US$2-billion Argentina debt

08-05-2024 15:46 Privately-run power producers Pampa Energía SA and Central Puerto SA will reject the government's current offer to settle a US$2-billion debt.

Milei moves to allow privatisation of Argentina’s football clubs

21-12-2023 15:40 AFA and sporting institutions ready to challenge libertarian leader’s move; President intends to let clubs “take it or leave it,” says official.

by James Grainger

Business world recalculates in face of Milei wave

05-10-2023 15:29 One sector is "worried" by the advance of a mood which could affect business institutions. A new ‘grieta’ chasm has opened up between the "prebendarios" (those living off the state) and "autónomos" (self-financing). A youthful sector of the economic elite already backs the libertarian.

by Ariel Maciel