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  • Argentina launches its first home-built satellite Thursday, 16 Oct 2014 | 5:55 PM ET

    BUENOS AIRES, Argentina— Argentina launched its first domestically built communications satellite Thursday. ARSAT-1 is designed to provide digital television and cellphone services to Argentina, Chile, Paraguay and Uruguay for the next 15 years. Other nations with this capability include European Union states, the United States, Russia, China, India, Israel...

  • Argentina rejects Grupo Clarin restructuring plan Wednesday, 8 Oct 2014 | 11:33 PM ET

    BUENOS AIRES, Argentina— Argentina's broadcast media regulator on Wednesday rejected a reorganization proposal made by Grupo Clarin to comply with new media ownership laws and the agency said it will seek to break up the conglomerate with its own plan. Martin Sabbatella, head of the Federal Audiovisual Communications Authority, on Wednesday accused Clarin...

  • BUENOS AIRES, Oct 8- Argentina's state-run energy company YPF said on Wednesday it had not struck a confidential natural gas production deal with Russia's Gazprom despite a statement earlier in the day from the industry ministry saying that it had. The ministry had said Cabinet Minister Debora Giorgi received assurances from Gazprom head Alexey Miller in a...

  • Oct 8- Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people in Guinea, Sierra Leone and Liberia, and its spread has become a global concern-- with worries for trade, which could affect the...

  • LONDON, Oct 6- The International Monetary Fund on Monday urged a rethink of how sovereign bonds should be structured to avoid future debt restructurings turning into a repeat of Argentina's disruptive court battle with a few disgruntled creditors. This follows a ruling by a U.S. court that two hedge funds not party to Argentina's debt restructuring were...

  • BUENOS AIRES, Oct 3- Argentina has defaulted on its debt, the economy is stagnant, inflation is soaring and its market-friendly central bank chief has just been forced out. President Christina Fernandez this week publicly blasted the trading as unpatriotic, accusing those involved in it of trying to pull down her government and ordered an investigation into...

  • NEW YORK, Oct 2- U.S.-traded shares of Argentine companies were sharply lower on Thursday after the government in Buenos Aires appointed a new central bank chief. Bank stocks were among the worst hit, with ADRs of Banco Macro down 6.1 percent and BBVA Banco Frances down 6.8 percent. Other Argentine stocks falling sharply on Wall Street included Petrobras...

  • BUENOS AIRES, Oct 2- Argentine stocks and bonds slid on Thursday as the government left markets guessing about policy direction after the appointment of a new central bank chief viewed as sympathetic to the government's ramped-up interventions in the economy. Bond prices also fell as investors digested the nomination of Alejandro Vanoli as the bank's new...

  • BUENOS AIRES, Oct 2- Argentine stocks and bonds fell sharply on Thursday as the government left markets guessing about policy direction after the appointment of a new central bank chief viewed as sympathetic to the government's ramped-up interventions in the economy. Bond prices also fell as investors digested the nomination of Alejandro Vanoli as the...

  • BUENOS AIRES, Oct 1- Argentina's central bank chief resigned on Wednesday after a long tussle with the Economy Ministry and was replaced with a regulator considered sympathetic to the interventionist stance of a government battling one of the world's highest inflation rates. The move drew a sharp negative reaction in financial markets, with the price of...

  • BUENOS AIRES, Oct 1- Argentina's central bank governor, Juan Carlos Fabrega, resigned on Wednesday after a long tussle with the government over whether policymaking should focus on taming rampant inflation or spurring growth in the slowing economy. A spokesman for President Cristina Fernandez said Fabrega would be replaced by Alejandro Vanoli, the head of...

  • BUENOS AIRES, Oct 1- Argentina's President Cristina Fernandez on Wednesday accepted the resignation of the central bank governor, a spokesman for the presidency said.

  • BUENOS AIRES, Sept 30- Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations.

  • NEW YORK, Sept 29- In a rare move, a U.S. judge held Argentina in contempt on Monday, saying the country is taking "illegal" steps to evade his orders in a longstanding dispute with hedge funds over defaulted debt. But Griesa issued a clear warning that the country must stop efforts to get around his rulings by making payments in Argentina.

  • NEW YORK, Sept 29- Argentina is in contempt of court, a U.S. judge ruled on Monday, the latest step in a years-old case brought by the U.S. hedge funds over defaulted debt.

  • BUSINESS-NEWS-SCHEDULE AT 1930 GMT / 3:30 p.m. ET Monday, 29 Sep 2014 | 3:30 PM ET

    FRANKFURT/ NEW YORK- Officials from Pimco and its German parent Allianz scramble to contain the fallout from star bond manager Bill Gross' stunning exit last week, and money continues to leave the firm, giving a huge boost to rival bond houses like DoubleLine, which saw record inflows. Canada's Encana to buy Athlon Energy for $5.93 bln.

  • NEW YORK/ BUENOS AIRES, Sept 29- Argentina said on Monday that any sanctions for contempt of court, levelled against it for refusing to pay U.S. hedge funds suing over defaulted debt, would be illegal under international law.

  • *Telecom Italia board to examine Fintech's proposal Friday. MILAN/ BUENOS AIRES, Sept 25- Investment company Fintech has asked Telecom Italia to further extend an agreement to buy the Italian group's controlling stake in Telecom Argentina, Telecom Italia said on Thursday, in a last-minute attempt to ensure the sale does not fall apart.

  • BUENOS AIRES, Sept 24- Argentina said on Wednesday its economy pulled out of recession in the second quarter, raising doubts over the reliability of data as the government battles to ease the impact of its sovereign debt default.

  • The comment came just hours after Fernandez's cabinet chief Jorge Capitanich accused Germany of having a "hostile attitude" toward Argentina's debt restructuring effort, citing an advertisement by the hedge funds which quotes a German official criticizing Argentine policy.