Latest Buenos Aires News

Javier Milei, the hard rocker in Argentina's highest office, turns his book talk into wild show

May. 23, 2024 11:19 AM EDT

BUENOS AIRES, Argentina (AP) — A book presentation about neoclassical economic theory may not sound like a crowd-pleaser. But in Buenos Aires mobs of star-struck fans packed a giant auditorium on Wednesday to hear Argentina's president, the libertarian economist Javier Milei,...

Banco Macro: Q1 Earnings Snapshot

May. 23, 2024 09:57 AM EDT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Thursday reported first-quarter net income of $330.2 million. The bank, based in Buenos Aires, Argentina, said it had earnings of $5.02 per share. The financial holding company...

Grupo Supervielle: Q1 Earnings Snapshot

May. 23, 2024 05:53 AM EDT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Grupo Supervielle SA (SUPV) on Wednesday reported net income of $55.7 million in its first quarter. The Buenos Aires, Argentina-based bank said it had earnings of 13 cents per share. The financial...

Banco BBVA: Q1 Earnings Snapshot

May. 22, 2024 17:57 PM EDT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco BBVA Argentina S.A. (BBAR) on Wednesday reported first-quarter earnings of $41.7 million. The Buenos Aires, Argentina-based bank said it had earnings of 20 cents per share. The financial holding...

Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina

May. 17, 2024 20:30 PM EDT

BUENOS AIRES, Argentina (AP) — Commuters in Buenos Aires on Friday were hit by an abrupt 360% increase in subway fares, one of the most dramatic price hikes in libertarian President Javier Milei 's harsh budget austerity campaign in Argentina. After weeks of hearings, a judge on...

A train in central Buenos Aires strikes a boxcar on the track, injuring dozens

May. 11, 2024 02:05 AM EDT

BUENOS AIRES, Argentina (AP) — At least 90 people were injured in Argentina's capital when a passenger train struck an empty boxcar on the tracks and derailed Friday, authorities said, a rare collision that fueled questions about basic safety. The train was on its way from Buenos...

Today in History: May 11, Bob Marley dies at 36

May. 11, 2024 00:02 AM EDT

Today in History Today is Friday, May 11, the 132nd day of 2024. There are 234 days left in the year. Today’s Highlight in History: On May 11, 1981, legendary reggae artist Bob Marley died in a Miami hospital at age 36 of acral lentiginous melanoma,...

Cresud: Fiscal Q3 Earnings Snapshot

May. 10, 2024 09:31 AM EDT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Friday reported a loss of $61.9 million in its fiscal third quarter. The Buenos Aires, Argentina-based company said it had a loss of...

Argentina labor unions' 24-hour strike against President Milei paralyzes daily life

May. 09, 2024 18:06 PM EDT

BUENOS AIRES, Argentina (AP) — Argentina’s biggest trade unions mounted one of their fiercest challenges to the libertarian government of President Javier Milei, staging a mass general strike on Thursday that led to the cancellation of hundreds of flights and halted key bus, rail and subway...

Telecom Argentina: Q1 Earnings Snapshot

May. 08, 2024 19:51 PM EDT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Telecom Argentina SA (TEO) on Wednesday reported profit of $806 million in its first quarter. The Buenos Aires, Argentina-based company said it had profit of $1.87 per share. The telecommunications...