Edition:
United States

Sheky Espejo

Pemex's New York roadshow spooks investors, yields spike

Jan 11 2019

MEXICO CITY Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said.

Falling Mexican fuel production adds to ongoing shortages

Jan 10 2019

MEXICO CITY Key Mexican oil refineries are shut down, Mexico's president said on Thursday, as the government's drive to stamp out gasoline theft from pipelines is pressuring the distribution of supplies from terminals across the country.

Mexico stocks post worst quarter in 17 years, government weighs

Dec 31 2018

MEXICO CITY Mexico's main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade.

Mexican stocks on track for worst quarter in 17 years

Dec 31 2018

MEXICO CITY, Dec 31 The Mexican stock exchange was on track on Monday to post its worst quarter in over 17 years, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade.

UPDATE 2-Mexican government defends budget cuts, open to adjustments

Dec 17 2018

MEXICO CITY, Dec 17 Mexican President Andres Manuel Lopez Obrador on Monday defended deep cuts in his 2019 budget to social spending in areas such as the national university, saying the savings that investors described as prudent were made by trimming wasteful spending. The budget unveiled on Saturday night by Mexico's new leftist government displayed more fiscal discipline than some market watchers had expected. The proposal limits new social and infrastructure spending plans for now. The peso led gains among major currencies.

RPT-FEATURE-In Mexico, resistance to solar projects bodes badly for fast-tracking train

Nov 30 2018

SAN JOSÉ TIPCEH, Mexico, Nov 29 The Yucatan peninsula, dividing the Gulf of Mexico from the Caribbean, is among Mexico's top destinations for renewable energy firms thanks to its strong winds and sunny climate. Home to bustling tourist resorts such as Cancun, the area is also a big energy consumer.

Feature: In Mexico, resistance to solar projects bodes badly for fast-tracking train

Nov 29 2018

SAN JOSÉ TIPCEH, Mexico The Yucatan peninsula, dividing the Gulf of Mexico from the Caribbean, is among Mexico's top destinations for renewable energy firms thanks to its strong winds and sunny climate. Home to bustling tourist resorts such as Cancun, the area is also a big energy consumer.

FEATURE-In Mexico, resistance to solar projects bodes badly for fast-tracking train

Nov 29 2018

SAN JOSÉ TIPCEH, Mexico, Nov 29 The Yucatan peninsula, dividing the Gulf of Mexico from the Caribbean, is among Mexico's top destinations for renewable energy firms thanks to its strong winds and sunny climate. Home to bustling tourist resorts such as Cancun, the area is also a big energy consumer.

In Mexico, resistance to solar projects bodes badly for fast-tracking train

Nov 29 2018

SAN JOSÉ TIPCEH, Mexico The Yucatan peninsula, dividing the Gulf of Mexico from the Caribbean, is among Mexico's top destinations for renewable energy firms thanks to its strong winds and sunny climate. Home to bustling tourist resorts such as Cancun, the area is also a big energy consumer.

Mexican president-elect pulls plug on new airport; markets sink

Oct 29 2018

MEXICO CITY Mexico's incoming president said on Monday his government would cancel construction of a partially built $13 billion new airport for Mexico City, a decision which left investors fretting over how he would manage the economy and led to sharp falls in the currency and stockmarket.

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