News of stocks

Bioceres soars as China approves drought-resistant HB4 soy seeds

29-04-2022 13:46 Argentine biotechnology firm scores big win as China approves imports of the company’s HB4 drought-resistant soybean strain.

BLOOMBERG

Argentina’s dollar bonds slip to eight-month low on wait for economic plan

25-11-2021 15:23 Argentina's dollar bonds trade at an eight-month low. Slide comes just days after investors cheered outcome of midterm elections.

BLOOMBERG

Argentine stocks bet on government to suffer setbacks in vote

11-11-2021 15:20 Argentine stocks have posted the world's biggest rally this month as investors increase bets that this weekend's midterm elections will strengthen the power of the opposition.

Bloomberg

Argentina's stocks rally as opposition gains ground on Fernández

01-09-2021 18:08 Argentine stocks are jumping amid growing speculation that allies of President Alberto Fernández are poised for a poor showing in midterm elections scheduled for November.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

Obituary

Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82

14-04-2021 12:37 Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19 billion in history’s largest Ponzi scheme, has died in jail at 82 years old.

BRAZILIAN FIRM

Oil giant Petrobras sheds US$19 billion in value over two days

22-02-2021 20:45 A sell-off in Brazil’s state-controlled oil firm Petrobras picked up on Monday after a group of analysts downgraded the stock within 24 hours, following Jair Bolsonaro's decision to replace the company’s chief executive officer.

HUNT FOR VACCINE

Covid-19: As lab execs sell shares worth millions, questions arise

15-11-2020 09:25 Executives at several US laboratories developing Covid-19 vaccines have recently pocketed millions of dollars by selling shares in their companies – raising questions about the propriety of such a move in the midst of a global health crisis.

BLOOMBERG

Latin America’s winners and losers in US vote: Election guide

27-10-2020 13:45 Firms from Mexico, Brazil and Argentina are some of the Latin American stocks whose outlook is tied in part to the outcome of next Tuesday's US election.

Markets

Stocks move higher, pushing S&P 500 closer to record high

11-08-2020 14:13 Stocks are opening higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy.

MARKETS

Argentina risks losing emerging markets status, warns MSCI

23-06-2020 23:27 Concern about market accessibility in Argentina prompted MSCI to flag the country during this year's 2020 rating review. Turkey was also warned.