Company ProfileMagazineNovember- December 2019 IssueAfore Profuturo: Ensuring Mexicans save for their futureInternational FinanceDecember 1, 2019January 15, 2020 by International FinanceDecember 1, 2019January 15, 2020 Afore Profuturo is one step ahead of the game with new tie ups that open up global investment opportunities for customers... Read more
TelecomAmerica Movil to invest $7.8 bn in Brazil in three yearsPritam BordoloiNovember 22, 2019 by Pritam BordoloiNovember 22, 2019 The company will invest to develop infrastructure, improve product offerings and also start provide cloud services... Read more
Oil & GasMexico’s Pemex launches tender offer to prepay $5 bn in bondsPritam BordoloiSeptember 13, 2019November 4, 2019 by Pritam BordoloiSeptember 13, 2019November 4, 2019 Pemex is now the world’s most heavily indebted oil company with $104 bn in debt... Read more
Oil & GasMexico to introduce world’s largest oil hedge programmeInternational Finance DeskSeptember 6, 2019December 17, 2019 by International Finance DeskSeptember 6, 2019December 17, 2019 Delay in this year’s hedge was because of increased volatility and changing prices in Mexico’s flagship Maya crude... Read more
Oil & GasMexico’s Pemex’s goals for 2024 too optimistic: FitchInternational Finance DeskAugust 14, 2019March 18, 2020 by International Finance DeskAugust 14, 2019March 18, 2020 The company is not keen on joint ventures, although it might prove to be a solution to its problem... Read more
EconomyMexico promises immediate effect of stimulus on economyInternational Finance DeskJuly 31, 2019December 12, 2019 by International Finance DeskJuly 31, 2019December 12, 2019 The $25 bn stimulus include credits, accelerated spending on goods and services, and money from an infrastructure fund... Read more
EconomyMexico’s exports to US surge as trade deficit widens to record $9.6 bnInternational Finance DeskJuly 5, 2019December 12, 2019 by International Finance DeskJuly 5, 2019December 12, 2019 Many attribute the surge in Mexican exports to the US to the US-Mexico-Canada Agreement which replaces NAFTA... Read more
Oil & GasMexico’s Pemex secures $8 bn loan; plans drilling shallow-water fieldsInternational Finance DeskJune 28, 2019 by International Finance DeskJune 28, 2019 Pemex with a debt of $106.5 billiom, reportedly the highest of any oil company, faced a credit rating downgrade... Read more
TradingMexico India chamber of business opens as bilateral trade crosses $10 bnInternational Finance DeskMay 28, 2019November 14, 2019 by International Finance DeskMay 28, 2019November 14, 2019 Mexico has overtaken Brazil as the major export destination of India in Latin America... Read more
In the NewsTrump’s ‘United States-Mexico Trade Agreement’ leaves Canada in doubtInternational Finance DeskAugust 28, 2018 by International Finance DeskAugust 28, 2018 "If we don’t have Canada involved, we will notify that we have a bilateral agreement that Canada is welcome to join," says Robert Lighthizer, the United States trade representative... Read more