Latest news with #inversiones
Times of Oman
06-07-2025
- Business
- Times of Oman
Argentina lithium reserve "great interest" to India: MEA
Buenos Aires: The Ministry of External Affairs on Saturday (local time) emphasised India's great interest in Argentina's lithium reserve, noting Indian public sector companies are "working out the implementation of the investments" in the Latin Amercian country to produce, refine, and export minerals. Addressing a press conference, MEA's Secretary (East) P Kumaran noted the efforts of Coal India Limited and Khanij Bidesh India Limited to pick up critical minerals assets in other countries for India. "Argentina is a part of the Lithium Triangle. It is of great interest to us. We had two Indian public sector companies, Coal India Limited and a consortium called KABIL, which is specifically tasked with picking up critical minerals and assets outside India. They have signed five concession agreements and are working on finalizing investments and working out the implementation of the investments in such a way that minerals can be produced here, refined and taken to India for various purposes and are working on finalising investments to implement them in a manner that allows minerals to be produced, refined, and exported," Kumaran said. MEA's Secretary East also noted that two private sector companies owned by Indians have also invested in lithium concession in Argentina and hoped for more cooperation between the two nations. "There are two private sector companies: one from India, called Greenco, and another Indian-owned company based in the UAE, World Metal Alloys, which is also invested in lithium concessions in Argentina. Hopefully, we will have more cooperation in the coming years," Kumaran said. During his visit to Argentina, Prime Minister Narendra Modi discussed cooperation in the energy and critical minerals sectors with Argentine President Javier Milei, underlining India's growing energy and industrial needs while emphasising that Buenos Aires can serve as a "reliable partner." MEA's Secretary (East) Kumaran emphasised that Argentina's rich reserves of critical minerals, such as lithium, copper, and rare earth elements, align with India's need for its clean energy transition and industrial growth. "The two leaders also had an opportunity to discuss cooperation in the energy and critical mineral sectors. The Prime Minister underlined India's growing energy and industrial needs and emphasised that Argentina could serve as a reliable partner in supporting India's developmental journey," Kumaran said. "Argentina's rich reserves of critical minerals, including lithium, copper and rare earth elements, align with India's need for secure and sustainable resources to drive its clean energy transition and industrial growth," he added.
Wall Street Journal
18-06-2025
- Business
- Wall Street Journal
Blackstone's Cirsa Plans to Raise $459 Million in Spain IPO
Blackstone's Cirsa, a Spanish casino operator, plans to launch an initial public offering in Spain with the goal of raising 400 million euros ($459.3 million) to boost its growth strategy. The gambling company intends to apply for its shares to be admitted for trading on Spanish stock exchanges, it said Wednesday. The move comes seven years after Cirsa's acquisition by Blackstone.
Washington Post
11-06-2025
- Business
- Washington Post
Grupo Financiero Galicia: Q1 Earnings Snapshot
BUENOS AIRES, Argentina — BUENOS AIRES, Argentina — Grupo Financiero Galicia SA (GGAL) on Tuesday reported first-quarter earnings of $154.1 million. The Buenos Aires, Argentina-based bank said it had earnings of 96 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
Reuters
11-06-2025
- Business
- Reuters
Heineken will invest over $2.7 bln in Mexico through 2028
MEXICO CITY, June 11 (Reuters) - Beer maker Heineken will invest $2.75 bln in different projects in Mexico, the company's CEO in the country said on Wednesday. Oriol Bonaclocha said during the president's morning press conference that the investment will include the construction of a new factory in the country's southeast.
Bloomberg
04-06-2025
- Business
- Bloomberg
Spain Makes First Payment in Lengthy Fight Over Renewable Energy
The Spanish government made its first payment as a result of an arbitration decision in 2021 around the country's move to change investor incentives tied to renewable energy projects, following a number of lengthy legal battles between Spain and various creditors. An entity called Blasket Renewable Investments, which petitioned a claim against the country in the US, notified a US federal court on Wednesday that Spain had 'fully satisfied' a final judgment ordering the payment, court documents show, without specifying how much was paid.
