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Blackstone third-quarter earnings up on strong asset sales

Blackstone Group LP said on Wednesday its third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as private equity and real estate took advantage of a rise in corporate valuations to cash out on some of its leverage buyout investments.

Mexico's Pemex swings to $64 million profit in third quarter

Mexican national oil company Petroleos Mexicanos reported a third quarter net profit of 1.417 billion pesos ($64.1 million), reversing losses from the same quarter last year, the company said in a filing to the Mexican stock exchange on Wednesday.

Heineken uncertain about year-end after summer recovery

Heineken NV performed better than expected over the June-September quarter with a surprising increase in beer sales in the Americas, but said the COVID-19 pandemic was still too uncertain to provide a reliable 2020 outlook.

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