Category Archives: Business

Alberto F: “The CNV has to investigate the maneuver last Friday in the financial markets”

The candidate for the president of Argentina, Alberto Fernández, considered this morning that the National Securities Commission “has to investigate the maneuver that existed on Friday in the financial markets.” “It was all very rare. It was a fictitious game. It was a very bad practice, a huge manipulation and we have to investigate it,” Fernández said. Fernández mentioned the… Read more »

Flights in London canceled due to billing problems

The airline British Airways reported that because of a problem with the billing system, least 81 flights at Heathrow airport were canceled, along with 10 flights at Gatwick. In addition, 200 more flights were delayed. The company said the problem was not global but a setback that affected passengers who wanted to register online, and another mishap was recorded in… Read more »

US officially accuses China of manipulating currency

The trade dispute between the United States and China officially turned into a currency war on Monday. Washington has formally included Beijing on its currency-manipulating list to allegedly try to gain a competitive advantage. The president of the world’s largest power, Donald Trump, had already suggested this possibility in his public speeches, directly accusing Beijing of artificially devaluing the yuan…. Read more »

Apple launches a new credit card

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As promised last March, Apple announced that its credit card is now available. Users who wish to try it may request it through the Wallet application. The technology giant expects that in the coming weeks there will already be a large number of cardholders. However, at the moment it will only be available in the United States. How do you… Read more »

HSBC makes adjustments to control costs and dismisses 4,000 employees

The British banking group HSBC announced on Monday a 2% reduction of its troops in the world (some 4,000 jobs) in order to control its costs in a “difficult” context. “We announced a restructuring program,” CFO Ewen Stevenson explained in a conference call, saying that they are focused on positions of responsibility and estimated that these layoffs will cost between… Read more »