Business News Buenos Aires

  • BUENOS AIRES, March 20- Argentina's energy secretariat said on Wednesday it authorized oil companies YPF and Total to make new gas exports to neighboring Chile. In October of last year, Argentina began exporting natural gas to Chile after a 12- year interlude. Argentina, which sits atop the world's No. 2 shale gas reserves, was once a major supplier of natural gas to...

  • PERGAMINO, Argentina/ CHICAGO, March 20- Francisco Santillan, 55, a grains farmer from the heart of Argentina's soybean country, has two things on his mind: the rains and twists and turns in a bitter trade war between the United States and China that has hurt prices. The United States and China, the world's top soybean producer and importer respectively, have slapped...

  • "Uber in Chile isn't easy." Chile has yet to work out a regulatory framework for ridesharing. Ubers unregulated status in fast-growing markets such as Chile poses a potential risk for the firm as it prepares for a much-anticipated IPO.

  • BUENOS AIRES, March 15- A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling potential progress in a deal that could increase Beijing's deepening influence in the South American nation. Argentina had hoped to announce an agreement on China- financed construction of Atucha III, as it has been...

  • BUENOS AIRES, March 15- A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling potential progress in a deal that could increase Beijing's deepening influence in the South American nation. Argentina had hoped to announce an agreement on China- financed construction of Atucha III, as it has been...

  • HOUSTON, March 11- Argentina's efforts to boost its natural gas output and supply are progressing through new pipeline and transport projects and auctions, moves that are expected to balance the country's production and demand, the energy secretary said on Monday. Pipeline construction contracts valued at up to $1.8 billion to transport natural gas from...

  • HOUSTON, March 11- Argentina's efforts to boost its natural gas output and supplies are progressing through new midstream projects and auctions, moves that are expected to balance the country's supply and demand, the nation's energy secretary said on Monday. A pipeline construction contract to transport up to 22 million cubic meters of gas production per day...

  • PARIS, Feb 27- French waste and water group Suez booked double-digit 2018 earnings growth and gave confident guidance for 2019, but unlike rival Veolia it again left its dividend unchanged. Suez has kept its dividend at 65 cents per share since 2010, and said it would propose to pay the same on 2019 earnings. Analysts polled by Refinitiv Eikon expect the dividend...

  • *Hopes for Washington- Beijing trade agreement underpin prices. Feb 22- Chicago soybean futures edged higher on Friday, with the market set to gain for the first time in four weeks on expectations of a trade agreement between Washington and Beijing. "There is going to be competition between Brazil and the United States to export soybeans to China," said one...

  • Feb 21- Argentina's soy crop is in mostly good condition with recent hot, dry weather helping to stabilize flooded areas, keeping the country on track for a 53- million-tonne harvest, the Buenos Aires Grains Exchange said on Thursday. Since then, Argentina has been hit by a heat wave that has benefited flooded areas while raising concern about parched conditions...

  • Global currency traders wound back safe-haven dollar holdings on hopes that the fresh round of U.S.- China talks would aid strained trade ties between the world's two biggest economies, setting the stage for Latin American currencies to gain. Most investors believe reform to the pension system is key to putting Brazil, Latin America's top economy, on firmer...

  • BUENOS AIRES, Feb 19- Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion U.S. dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves that could combat economic and political uncertainty as an election fight starts to brew. The bank has bought $978 million since first intervening in...

  • BUENOS AIRES, Feb 19- Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion U.S. dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves that could combat economic and political uncertainty as an election fight starts to brew. The bank has bought $978 million since first intervening in...

  • "You can't do everything at the same time," said Nicolas Alonzo, Buenos Aires- based economic analyst at financial consultancy Orlando Ferreres& Asociados. Whether "Macri economics" will succeed in stabilizing the $392- billion economy and restoring it to growth will be key for the outcome of elections in October and determine whether Argentina sticks with...

  • WASHINGTON, Feb 4- Negotiating new World Trade Organization rules to try to rein in China's "mercantalist" trade practices would be largely a futile exercise, the Trump administration's trade office said on Monday, vowing to pursue its unilateral approach to protect U.S. workers, farmers and businesses. In an annual report to Congress on China's WTO compliance,...

  • BUENOS AIRES, Feb 4- Argentina's central bank bought a total $75 million in the foreign exchange market on Monday, a spokesman for the bank told Reuters, as the monetary authority used a higher intervention limit in a bid to rein in the local peso currency. The move comes after the bank on Friday raised the daily limit for its dollar purchases to $75 million from a...

  • *Soybeans up on hopes of positive outcome from U.S.- China talks Corn, soybean markets also assessing South America crop weather. SINGAPORE, Feb 1- Chicago soybean futures rose on Friday, recouping the previous session's losses, as hopes grew for a trade deal between Washington and Beijing that could revive flows of U.S. soybeans to top importer China.

  • SYDNEY, Feb 1- U.S. soybean prices rose more than 0.5 percent on Friday amid heightened hopes for a trade deal between Washington and Beijing, although the oilseed was still on course to post a fall for the week. *China's trade delegation said the latest round of talks with the United States made "important progress" for the current stage, China's official Xinhua news...

  • "President Donald J. Trump has reiterated that the 90- day process agreed to in Buenos Aires represents a hard deadline, and that United States tariffs will increase unless the United States and China reach a satisfactory outcome by March 1," the White House said after two days of trade talks between top U.S. and Chinese officials.

  • WASHINGTON, Jan 30- The United States and China opened a pivotal round of high-level talks on Wednesday aimed at bridging deep differences over China's intellectual property and technology transfer practices and easing a months-long tariff war. Cabinet-level officials, led by Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer, met...