Repsol’s shares on Madrid’s stock exchange. Repsol will take on $4.7 billion of acquisition traget Talisman’s debt.

Spain’s Repsol has agreed to buy Talisman Energy, Canada’s fifth-largest independent oil producer, for $8.3 billion as the drop in oil prices pushes e(...)

A screen showing the price of Repsol’s shares at Madrid’s Stock Exchange. The Spanish oil giant has about $10 billion in cash and short-term instruments available to make acquisitions

Repsol, the Spanish oil group, is in talks to acquire Talisman Energy of Canada, in a deal that could value the target’s equity at up to $8 billion.Se(...)

Axel Kicillof, Argentina’s economy minister: said “vulture funds” had rejected a renewed offer from the government and it was “impossible” to pay them more. Photograph: EPA/Jason Szenes

Some of the world’s largest hedge funds have been snapping up Argentine stocks, betting on an economic recovery in the troubled country despite it def(...)

Argentina’s economy minister Axel Kicillof arrives at the office of a court-appointed mediator in New York yesterday. Photograph:  Carlo Allegri/Reuters

Argentina saw its credit rating cut to “selective default” by Standard & Poor’s as talks between government negotiators and US creditors to avo(...)

Despite the little time remaining, Argentina’s economy minister Axel Kicillof last week travelled to Brazil to a summit of emerging market nations. Photograph: Peter Foley/EPA

In Rebel Without a Cause, the anti-hero played by James Dean is challenged to a lethal game of chicken in which two cars must race towards a cliff. Th(...)

Argentinian president Cristina Fernandez de Kirchner ruled out complying with a US court order to pay holders of defaulted bonds in full. Photograph: Marcos Brindicci/Reuters

Argentinian president Cristina Fernandez de Kirchner ruled out complying with a US court order to pay holders of defaulted bonds in full, leaving the (...)

Building materials group CRH rose 1.3 per cent to €20.32, as its peers in the cement sector also advanced. Photograph: Brenda Fitzsimons

The Dublin market outperformed on a flat day for equities across Europe as investors mined data on euro zone economic growth for clues ahead of today’(...)

People are lined up outside Galicia bank to buy dollars in Buenos Aire

In 2011, at the height of the euro crisis, Argentina’s president Cristina Kirchner liked to boast that her government’s unorthodox economic model was (...)

The price of  shares of Spanish oil giant Repsol at Madrid’s stock exchange  yesterday as  shares rose more than 3 per cent after a preliminary agreement reached by the Argentinian government and Repsol on the compensation for the expropriation of 51 per cent of YPF’s shares. Photograph: JJ Guillen/Argentina

News of a preliminary agreement between Repsol and the Argentine government on compensation for last year’s expropriation of a subsidiary of the energ(...)

One of the more popular shares of the day in Dublin was Paddy Power, which saw approximately 250,000 shares change hands, a good number for the stock. Photograph: Dara Mac Dónaill

Stock markets treaded water yesterday. European markets dipped slightly, in the main, despite positive data on Chinese exports, while in the US the ma(...)