Mexico is close to an accord
over a contractual dispute with the builders of several gas
pipelines, President Andres Manuel Lopez Obrador said on Monday,
heralding a solution to a case that has sapped investor
confidence in his administration....
Mexico's state-owned power utility is seeking nearly $900 million from delays in construction of a $2.5 billion natural-gas pipeline from Texas, preventing the finished project from opening despite energy shortages in some parts of the country....
Mexico's main stock exchange
S&P/BMV IPC, which is composed of the country's 35 most
liquid companies, on Friday extended gains and rose by more than
1% after five consecutive days of losses.
(Reporting by Abraham Gonzalez; Writing by Stefanie
Mexican President Andres
Manuel Lopez Obrador said on Friday that his government would
keep investing in troubled state oil company Pemex, which is on
the verge of losing its investment grade rating....
Mexican central bank
Governor Alejandro Diaz de Leon sees core inflation as a
'challenge' and said the bank will consider new information over
the coming weeks before taking further monetary policy actions,
he told Reuters in an interview on Th...
Argentina's peso jumped nearly 5% on
Thursday ending a punishing three-day rout, while Mexico's peso
rose after the country's central bank cut its key rate
for the first time in more than 5 years.
The Argentine peso closed at 57.4 pesos ...
The Bank of Mexico lowered interest rates Thursday for the first time in more than five years in a split vote, citing slowing economic growth, lower inflation and a decline in debt yields in Mexico and abroad....