Argentina Financial News

Federal Reserve poised to lead the charge for richer countries. Traders boosted bets on how aggressively the Fed will lower borrowing costs this year after a report showed prices paid to producers continued to fall in December. Even so, the path to taming inflation will be bumpy, as a measure of consumer prices rose by the most in three months. Similar metrics in Norway and Chile eased in December, while Argentina ended the year with inflation above 200%.

Discord announces workforce reduction of 17%, will layoff 170 employees During the last week of January, Citi is likely to announce more organisational changes. "Efforts to simplify its structure will be largely completed this quarter, saving $1 billion and eliminating about 5,000 mostly managerial roles," CEO Jane Fraser said. The job cuts could cost as much as $1.8 billion, Citigroup said but will save $2.5 billion a year by 2026.

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insurance fund and carry out a sweeping internal reorganization. The loss was also fueled by the bank stockpiling money to cover currency risks in Argentina and Russia. The third-largest U.S. lender by assets posted a loss of $1.16 per share for the three months ended Dec.

By Tatiana Bautzer and Manya Saini

Worldcoin has hit a new record in Argentina and released an update to the verification process. A spokesperson talked with Cryptonews about plans in 2024, Worldcoin surpassing the 5M-accounts milestone, the successful Shopify integration, and continued World App adoption in India, despite pausing its Orb-verification service there.

Godrej Consumer Products said in a stock exchange filing on Friday. Also Read: Currency headwinds to spoil Godrej Consumer Products' Dec quarter show As per IndAS 29, all amounts need to be restated into the measuring unit current at the end of the reporting period by applying a general price index. As the Argentinian economy is facing hyperinflationary pressures, accounting regulations require the YTD Statement of Profit and Loss to be translated at the closing rate for presentation in Consolidated Financial Statements, it added.

Argentina's statistics agency says the country has registered a monthly inflation rate of 25.5% in December and closed 2023 with an annual inflation of 211.4%

Investing.com — U.S. stock futures edged higher Thursday, adding to the previous session’s gains ahead of the release of key U.S. inflation numbers for December, which could play into how the Federal Reserve approaches potential interest rate reductions this year. 

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By Jorge Otaola

Thousands of faithful Argentines flock every year to the northern city of Mercedes to ask folk cowboy saint Gauchito Gil for protection and to thank him for past favors

₹1,149.00 apiece on the BSE. The fall in Godrej Consumer shares comes after the FMCG company said it expects to see a low-single-digit sales decline in rupee terms at a consolidated level during the quarter ended December 31. In its Q3FY24 business update, Godrej Consumer Products said the operating environment in India continues to remain similar to Q2 and its organic business delivered steady underlying volume growth of mid-single digit.

Godrej Consumer Products Limited on 5 January announced that its organic business delivered steady underlying volume growth of mid-single digit in the quarter ended December 30, 2023. Apart from this, the firm said growth was broad-based across both Home Care and Personal Care. The firm in a regulatory announcement said that Park Avenue and KamaSutra brands, owned by it, continue to perform well and are on track to achieve the full-year ambition.

Godrej Consumer Products on Friday provided a quarterly update wherein it has said that the reported volume growth in India continues to be double digit for the quarter ended on December 31, 2023. The FMCG giant also stated that the operating environment continues to remain similar to the second quarter.

Yellowstone," a Taylor Sheridan Western series starring Kevin Costner, is getting ready for its international Netflix premiere, so fans of the show may celebrate. With a mid-January 2024 release date set, this is a big step forward for the series, as it will join the ranks of other Paramount projects like «Yellowjackets» in broadening its global audience. «Yellowstone» is expected to attract people worldwide, much like its predecessor, in line with the recent trend of Paramount programs being released on Netflix. As seen by the success of «Yellowjackets,» which debuted in at least 15 nations, including Australia, India, South Africa, and Latin American nations including Brazil, Colombia, Argentina, and Mexico, the program has already made an impact.

BUENOS AIRES (Reuters) — Argentina's cash-strapped government will raise $3.2 billion in hard currency in order to meet debt repayments via an issuance of 10-year bills to the central bank, according to a decree in the official gazette on Friday.

Rich Dad, Poor Dad author Robert Kiyosaki has recently shared a unique take on debt, and investment, one that encompasses assets and liabilities. The best selling author took to social media platform Instagram, and said that he uses debt to pay assets. 

A court in Argentina has delivered a blow to labor rule changes announced by President Javier Milei as part of sweeping deregulation and austerity measures aimed at reviving the country’s struggling economy

. Although lithium imports do not form a significant chunk of India's import bill, the imports are likely to grow further. A key mineral being explored for manufacturing of batteries is sodium.

Brazilian President Luiz Inácio Lula da Silva likes to boast he had a good first year after returning to the job