Research analysts at Credit Suisse initiated coverage on shares of Petrobras Argentina SA (NYSE:PZE) in a report issued on Tuesday, AnalystRatings.NET reports. The firm set an “underperform” rating and a $2.00 price target on the stock. Credit Suisse’s price target would indicate a potential downside of 63.77% from the company’s previous close. Other research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Petrobras Argentina Read more [...]

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Holders of Argentina’s defaulted debt from 2001 are clashing with the nation’s government over a non-disclosure agreement officials are refusing to sign during renewed talks to resolve the decade-old litigation, according to two people with knowledge of the matter.Finance Secretary Luis Caputo and holdout creditors, led by hedge fund Elliott Management, met in New York on Wednesday for the first time since President Mauricio Macri took office last month pledging to resolve the dispute. Caputo Read more [...]

Home» World » Global Business Economy Posted by Shoaib-ur-Rehman Siddiqui 1 BUENOS AIRES: Argentina's economy will edge higher this year as the new government lifts interventionist Read more [...]

BUENOS AIRES, Argentina (JTA) — A trial in absentia could revitalize the AMIA case, the new head of the investigative unit looking into the 1994 bombing of the Buenos Aires Jewish center said. Mario Cimadevilla, a lawyer and former senator, has been tasked with reactivating the investigation and seeking new ways to bring the case to trial and get justice. The announcement of his appointment was published Wednesday in the official government gazette. “All my efforts will be Read more [...]

BUENOS AIRES, Argentina (JTA) — A trial in absentia could revitalize the AMIA case, the new head of the investigative unit looking into the 1994 bombing of the Buenos Aires Jewish center said. Mario Cimadevilla, a lawyer and former senator, has been tasked with reactivating the investigation and seeking new ways to bring the case to trial and get justice. The announcement of his appointment was published Wednesday in the official government gazette. “All my efforts will be Read more [...]

(Adds quote, details)BUENOS AIRES Jan 14 Argentina aims to resume publishing economic growth data within the first six months of the year, after President Mauricio Macri's new administration declared a "statistics emergency," the government statistics office said on Thursday.The Indec agency's chief, Jorge Todesca, said he inherited a statistics body that had been "systematically destroyed" by former President Cristina Fernandez's leftist governments. He said 2016 would be a year for returning Read more [...]

(Adds quote, details)BUENOS AIRES Jan 14 Argentina aims to resume publishing economic growth data within the first six months of the year, after President Mauricio Macri's new administration declared a "statistics emergency," the government statistics office said on Thursday.The Indec agency's chief, Jorge Todesca, said he inherited a statistics body that had been "systematically destroyed" by former President Cristina Fernandez's leftist governments. He said 2016 would be a year for returning Read more [...]

Five nations were fined for fan chants during World Cup qualification games.FIFA has fined Argentina, Chile, Mexico, Peru and Uruguay for anti-gay chants by their national team's fans. FIFA said on its website that the "insulting and discriminatory chants" came during qualifying matches for the 2018 World Cup. Chile's fine is the biggest at 70,000 Swiss francs ($70,000) over cases at four different matches. The governing body imposed fines of 20,000 Swiss francs ($20,000) on Argentina, Mexico, Peru Read more [...]