International

• Thursday, December 31st 2015 - 07:50 UTC

  Holdouts subpoena HSBC on Argentina's efforts to raise money abroad

  

  Creditors suing Argentina over billions of dollars in defaulted bonds have subpoenaed HSBC Holdings Plc for information about the country's effort to raise money abroad, a person familiar with the matter said on Tuesday, as reported by Reuters.

• Thursday, December 31st 2015 - 07:43 UTC

  Global economic growth in 2016, “disappointing and patchy” forecasts Lagarde

  

  Global economic growth will be “disappointing and patchy” in 2016, the head of the International Monetary Fund, Christine Lagarde, wrote in an article published in the German business daily Handelsblatt on Wednesday.

• Wednesday, December 30th 2015 - 03:22 UTC

  Major Spanish company in frozen fish industry, Iberconsa, sold to Portobello Capital

  

  The Spanish manager of equity Portobello Capital has bought a majority stake in Iberconsa (Iberica de Congelados), the third company in the sector in Spain and the first one to capture and produce frozen hake on board.

• Wednesday, December 30th 2015 - 02:47 UTC

  US bans imports of lion trophies; the majestic cats protected by USFWS Endangered Species Act

  

  In a move that is likely to put a major dent in South Africa’s canned hunting industry for lions — a practice involving the shooting of these majestic predators in fenced enclosures in a pay-to-slay arrangement— the United States Fish and Wildlife Service (USFWS) announced that it will institute important new measures to protect lions under the Endangered Species Act.

• Wednesday, December 30th 2015 - 00:46 UTC

  Petrobras corruption 'net' involves Norwegian companies, claim Oslo media

  

  The huge corruption case swirling around Brazilian oil company Petrobras is being called the world’s largest, and increasing numbers of Norwegian companies seem to be getting tangled up in it. Norwegian bosses mostly claim no knowledge of any bribes being paid, but investigations are underway on several fronts.

• Tuesday, December 29th 2015 - 23:56 UTC

  Majority of Spaniards against a re-run of election; only 7% would change their vote says poll

  

  Less than one third of Spaniards want a re-run of 20 December's election, which resulted in a stalemate, with two-thirds favoring a pact between parties, a poll showed. Just 7% of those surveyed said they would change their votes in a fresh election, while 87.1% said they would vote the same way.

• Tuesday, December 29th 2015 - 08:23 UTC

  JPMorgan-Chase describes Macri's Argentina as “a ray of sunshine” in the region

  

  A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.

• Tuesday, December 29th 2015 - 08:07 UTC

  Israel pressing Brazil to accept pro-settler activist as its ambassador

  

  Brazil’s reluctance to accept an Argentine born pro-settler politician as Israeli ambassador has triggered a diplomatic clash and concerns it could seriously damage future relations between the two countries.

• Monday, December 28th 2015 - 08:50 UTC

  Uruguayan officials invited to London to learn about Public-Private-Partnership

  

  Uruguayan representatives of public entities who travelled to the United Kingdom and Brazil fed back on their experiences on Public-Private Partnership in an event held in the central office of the National Development Corporation (CND) in Montevideo.

• Monday, December 28th 2015 - 07:59 UTC

  UK largest banks paid no corporation tax in 2014, by offsetting past losses

  

  Five of the largest banks in the UK paid no corporation tax in 2014, despite making billions of pounds in profits, analysis by Reuters has shown. JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Nomura Holdings and Morgan Stanley paid no corporation tax at all, the news agency said. The banks offset past losses against their taxable income for 2013-14.