America Movil to invest $7.8 bn in Brazil in three years
The company will invest to develop infrastructure, improve product offerings and also start provide cloud services...
Tag : Mexico
Mexico’s Pemex launches tender offer to prepay $5 bn in bonds
Pemex is now the world’s most heavily indebted oil company with $104 bn in debt...
Mexico to introduce world’s largest oil hedge programme
Delay in this year’s hedge was because of increased volatility and changing prices in Mexico’s flagship Maya crude...
Mexico’s Pemex’s goals for 2024 too optimistic: Fitch
The company is not keen on joint ventures, although it might prove to be a solution to its problem...
Mexico promises immediate effect of stimulus on economy
The $25 bn stimulus include credits, accelerated spending on goods and services, and money from an infrastructure fund...
Mexico’s exports to US surge as trade deficit widens to record $9.6 bn
Many attribute the surge in Mexican exports to the US to the US-Mexico-Canada Agreement which replaces NAFTA...
Mexico’s Pemex secures $8 bn loan; plans drilling shallow-water fields
Pemex with a debt of $106.5 billiom, reportedly the highest of any oil company, faced a credit rating downgrade...
Mexico India chamber of business opens as bilateral trade crosses $10 bn
Mexico has overtaken Brazil as the major export destination of India in Latin America...
Trump’s ‘United States-Mexico Trade Agreement’ leaves Canada in doubt
"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...
Frontier markets debt: Many European investors have a misperception about Africa
“'We are very constructive on frontier markets’ fundamentals as a whole, and this is particularly true for several African states," Yvette Babb, Senior Portfolio Manager Frontier Markets Debt at NN Investment Partners...