17/04/2012 | World

Fitch places Repsol on rating negative watch

Fitch Ratings has placed Repsol YPF, SA's ratings on Rating Watch Negative (RWN) following news that YPF’s takeover has been set in motion by the Argentine government.

17/04/2012 | World

Global shares extend gains

US stocks scored their biggest gains in a month after Coca-Cola led a round of strong earnings and as concerns about Europe's debt crisis eased as Spanish bond yields fell. Meanwhile, European shares rallied, with banks leading gains.

17/04/2012 | World

IMF: 'Argentina's decision will worsen the investment mood'

International Monetary Fond economist Thomas Helbling regretted today Argentina’s decision to expropriate 51 percent of the 57.43 share-package Spanish oil company Repsol owns.

17/04/2012 | World

Rajoy: YPF seize 'damages all Latin America'

Spanish Prime Minister Mariano Rajoy said today the Argentina’s decision to takeover Spanish ran YPF oil company announced yesterday by President Cristina Fernández de Kirchner “damages all Latin America.”

17/04/2012 | World

Repsol to demand 10 billion dollars compensation over YPF's expropriation

17/04/2012 | World

Repsol-YPF shares sink at Madrid Stock Exchange

Repsol-YPF shares sank in today’s trade at the Madrid Stock Exchange loosing 6.52 percent with an ending price of 16.34 euros per share, and registered transactions of 378,583.13 euros for the day.

17/04/2012 | World

UK library acquires key early gospel for $14 mln

A seventh century gospel discovered in a saint's coffin more than 900 years ago, and the oldest European book to survive fully intact, has been acquired by the British Library for nine million pounds ($14 million), the library said on Tuesday.

17/04/2012 | World

UK 'very concerned' over YPF expropriation plans

British Foreign Secretary William Hague said he was “very concerned” at President Cristina Fernández de Kirchner’s announcement to expropriate YPF, a decision he believes “goes against all the commitments Argentina has made in the G20 to promote transparency and reduce protectionism.”

17/04/2012 | World

'World economy fragile faces uneasy calm,' IMF says

Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said.

17/04/2012 | World

YPF takeover dominates front-pages in Spain, makes headlines internationally

President Cristina Fernández de Kirchner’s statement yesterday announcing her plans to take 51 percent control of YPF, dominated Spanish front-pages today and made headlines across the world today.