News of business

Defendants offer millions to avoid trial in ‘Cuadernos’ graft case

17-09-2025 16:44 Business leaders offer more than US$1 billion in cash, properties and other items to avoid standing trial but run into resistance from lead prosecutor; Mega-corruption trial probing alleged bribery and kickbacks at Federal Planning Ministry under Kirchner governments due to kick off November 6.

Distressed trader’s soy can feed pigs in Argentina, suitor says

17-09-2025 08:18 Grains brokerage Grassi SA, a key suitor for the assets of Vicentin SAIC, once Argentina’s top exporter of soy meal, eyes new business model for distressed trader.

Alarm bell ring for investors amid graft scandal claims

28-08-2025 11:55 Members of so-called ‘círculo rojo’ business establishment concerned by possible consequences of recent scandal, which could slow desired influx of investment. What the top businessmen who defend the economic plan think about the future.

by Ariel Maciel

Sergio Neiffert: Secrets and business dealings of Milei's spy chief

20-08-2025 09:28 The house of spies has a leak – and it's not the first time. A look at the tenure of spy chief Sergio Neiffert and his business dealings as questions are asked about the activities of Argentina's intelligence services.

by Rodis Recalt

Milei intervenes in currency market despite letting peso float

28-05-2025 11:36 Argentina’s government has intervened in the currency markets to influence the peso’s value and is likely to miss reserve accumulation targets.

Investments, remonetisation, reforms – doubts of US business leaders

22-05-2025 09:31 Milei’s RIGI incentives do not convince, the 'quasi-whitewash' needs "rationality" and reform bills into 2026. Electoral atmosphere at this year’s AmCham Summit and business optimism.

by Eugenia Muzio

How Milei keeps peso strong ahead of midterm vote

14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.

Argentine utility Albanesi approaches creditors after missed bond payment

09-05-2025 16:41 Generación Mediterranea SA and Central Térmica Roca SA are approaching bondholders to resolve a dispute over US$19 million in due interest.

Argentina eliminates export duties for thousands of manufactured goods

30-04-2025 21:34 President Javier Milei's government eliminates export duties for thousands of industrial products; Economy Minister Luis Caputo says tax levy was "affecting competitiveness" in announcement hailing the move.

Telefónica posts 49-million-euro loss on Latin America write-offs

27-02-2025 10:58 Spanish telecoms giant suffered writedown of assets in Latin America, where group begun the sale of several subsidiaries.

Argentines no longer love the dollar, thanks to Milei

12-12-2024 16:07 Argentines have preferred the US dollar over the Argentine peso for decades – Milei may have achieved what once looked unachievable.

Who was Milei’s audience?

11-12-2024 23:45 With an almost religious hope of 2025 being a growth year, President Milei used his first anniversary address to talk to the ‘círculo rojo’ business establishment and his run-off voters, with no concrete announcements for ordinary people.

by Javier Calvo

Milei’s revamp offers CEOs a glimmer of optimism about Argentina

29-10-2024 11:17 Business leaders say they're feeling encouraged about Argentina for the first time in years.

Milei’s Bermuda Triangle

21-09-2024 06:31 Milei’s political future lies within a triangle defined by inflation, approval ratings, and unemployment.

by Marcelo J. García

Gregorio Pérez Companc, one of Argentina’s richest men, dies at 89

14-06-2024 13:20 Gregorio Pérez Companc, who helped transform the face of Argentina’s corporate world with investments from telecommunications to farming and oil, which made him a billionaire, has died aged 89.

Milei to meet with CEOs of Meta, Google, Apple, OpenAI

28-05-2024 11:36 Javier Milei will meet with “four of the 10 most important businessmen in the world” during his trip to the United States, according to Presidential Spokesperson Manuel Adorni.

Power supplier Central Puerto eyes stake in McEwen’s copper project

06-05-2024 14:57 Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc’s Los Azules project.

Top CEOs to heap praise on Milei at Patagonia retreat

17-04-2024 13:18 Elsztain will host president at exclusive Bariloche event; IRSA starting construction on biggest project in its history

Spending plunges at shops with Milei cuts hitting hard

04-03-2024 15:48 Spending at small- and medium-size businesses — Argentina’s largest sector of employment — plunged 25.5 percent in February from a year ago, the third straight month of double-digit losses.

Are two Caputos one too many for Milei?

02-03-2024 05:25 Foreign observers and investors welcome that Milei is a man on a mission to turn Argentina into a more open, more pro-market economy … but they don’t like conflict as the end itself, nor the Casa Rosada’s unwillingness to compromise.

by Marcelo J. García