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Latin America Argentina

  • BUENOS AIRES/ NEW YORK, June 19- Argentina sold $2.75 billion of a hotly demanded 100- year bond in U.S. dollars on Monday, just over a year after emerging from its latest default, according to the government. Argentina is going to the international capital markets to help finance a fiscal deficit of 4.2 percent of gross domestic product this year.

  • BUENOS AIRES/ NEW YORK, June 19- Argentina sold $2.75 billion of a hotly demanded 100- year bond in U.S. dollars on Monday, just over a year after emerging from its latest default, according to the government and Thomson Reuters' IFR. The new bond issue offered a coupon of 7.125 percent, the finance ministry said in a statement that hailed success of the sale as evidence...

  • BUENOS AIRES/ LONDON, June 19- Argentina has offered a 100- year bond in U.S. dollars, the finance ministry said on Monday, just over a year after the nation emerged from default. Still the move came as a surprise given Argentina only last year ended a decade-long dispute with creditors over its 2002 default and residents tend to frown upon accumulating debt in...

  • BUENOS AIRES/ LONDON, June 19- Argentina has offered a 100- year bond in U.S. dollars, the finance ministry said on Monday, only just over a year after the nation emerged from default. Investors said there would be appetite for the bond with a yield of 7.9 percent, given the low yields elsewhere in the fixed income market and the need for pension funds to lock in long term...

  • BUENOS AIRES, June 15 (Reuters)- A judge told a radio station in the Argentine province of San Juan that he had lifted a suspension on leaching operations at Barrick Gold Corp's Veladero mine on Thursday. It also lowered its forecast for total 2017 gold production in the first quarter, largely reflecting the sale of a 50- percent stake in Veladero to Shandong Gold...

  • BUENOS AIRES, June 14- Ernestina Herrera de Noble, publisher of Argentina's most widely circulated newspaper and one of the country's wealthiest women, died in Buenos Aires on Wednesday, a spokesman for Grupo Clarin confirmed. Late in her tenure, Grupo Clarin, which is listed on the Buenos Aires bourse, became locked in a dispute with former Argentine President...

  • Zumba creator Beto Perez

    A Kauffman study reveals immigrants are more likely to be entrepreneurs vs. native-born Americans. Here are 5 Latinos who made it big.

  • MEXICO CITY/ BERLIN, June 10- Chancellor Angela Merkel is seeking to bolster support among G20 members for tackling climate change ahead of a summit in Hamburg next month, while trying to avoid giving the impression she is rallying an anti-U.S. alliance, German government sources say. Merkel told an audience in Argentina on Friday that as host of the G20, she would...

  • Business opportunity in the second largest shale reserve in the world

    Marcelo Mindlin, founding partner and chairman of Pampa Energia, speaks about his company's "very aggressive" expansion plans for Argentina's Vaca Muerta, the second largest shale reserve in the world.

  • People walk past murals protesting the state of economy on May 15, 2017 in San Juan, Puerto Rico, as the former Spanish colony of 3.5 million, now a US territory, struggles under a mountain of debt.

    Puerto Rico's bankrupty will be the largest municipal bankruptcy in U.S. history, easily surpassing Detroit's default, NBC reports.

  • BUENOS AIRES, May 31- Argentine soy exporter Renova received a $410 million loan to build a new grains port and boost capacity at its 20,000- tonne-per-day processing plant by 50 percent, the International Finance Corporation said in a statement on Wednesday. Renova, a joint venture between agroindustrial companies Vicentin and Oleaginosa Moreno Hermanos--...

  • NEW YORK, May 31- Argentina settled with additional creditors holding defaulted sovereign bonds for just under $163 million, the court-appointed mediator in the long-running case said in a statement on Wednesday. This latest settlement was made within the same terms as the February 2016 agreements Argentina reached with its largest creditors, who held out...

  • NEW YORK, May 31- Argentina settled with additional creditors holding defaulted sovereign bonds for just under $163 million, the court-appointed mediator in the long-running case said in a statement on Wednesday. This latest settlement was made within the same terms as the February 2016 agreements Argentina reached with its largest creditors, who held out...

  • BUENOS AIRES, May 30- The head of an Argentine farm group said on Tuesday he will ask Congress to investigate five acquisitions made by Brazilian meatpacker JBS on suspicion the company inflated the purchase prices to conceal bribes, although he said he had no proof. Dardo Chiesa, head of Argentina's Rural Confederation, said the company, whose founders are mired...

  • BUENOS AIRES, May 29- A strike by one of the labor unions at Barrick Gold Corp's Veladero mine in Argentina, the site of three cyanide solution spills in 18 months, has ended, the company said on Monday. The government of Argentina's San Juan province, where Veladero is located, said earlier this month that it had approved a plan for improving safety following the...

  • BUENOS AIRES, May 29- Barrick Gold Corp said on Monday one of several labor unions at its Veladero mine in Argentina, the site of three cyanide solution spills in 18 months, went on strike on Sunday. The government of Argentina's San Juan province, where Veladero is located, said earlier this month that it had approved a plan for improving safety following the...

  • BUENOS AIRES, May 24- Argentine police searched Brazilian construction firm Odebrecht's Buenos Aires office on Wednesday as part of a graft investigation, the company said in a statement. In that settlement, Odebrecht admitted to bribing officials in 12 countries, including bribes of $35 million in Argentina between 2007 and 2014.. Prosecutors...

  • CHICAGO, May 24- Commodity trader Glencore Plc's confirmation on Tuesday that it sought a tie up with grains trader Bunge Ltd likely signals the start of a wave of consolidation and partnering in the industry, as middlemen struggle to make profits amid a massive global food glut. Bunge and other top grains traders-- who make money by buying, selling, storing,...

  • CHICAGO, May 24- Commodity trader Glencore Plc's confirmation on Tuesday that it sought a tie up with grains trader Bunge Ltd likely signals the start of a wave of consolidation and partnering in the industry, as middlemen struggle to make profits amid a massive global food glut. Bunge and other top grains traders-- who make money by buying, selling, storing,...

  • Mexico's Minister of Economy Ildefonso Guajardo Villarreal looks on during a joint news conference with U.S. Secretary of Commerce Wilbur Ross on March 10, 2017 in Washington, DC.

    Mexico sent a stark message to Trump on Thursday, showing it had other places to export to if he tore up the NAFTA trade deal.