With half its fundraising needs settled for 2017, Mexico’s state-owned oil company pushes ahead with its turnaround plan
Author Archives: Kevin Gray
Posted inDaily Brief
Bradesco VP steps down
Sergio Clemente leaves his position at the Brazilian bank
Posted inDaily Brief
BHP Billiton wins Mexico’s first deep water oil auction
Anglo-Australian company will invest $570m and take a 60% stake in the Trion oil field in the Gulf of Mexico
Posted inDaily Brief
Brazil cuts interest rates again
Brazil central bank’s decision followed the release of new data showing the economy shrank 0.8% in Q3
Posted inDaily Brief
S&P cuts Belize
Downgrade comes amid an effort by the government to renegotiate its debt for the second time in five years
Posted inDaily Brief
Peru speeds up infra investments
Finance Minister Alfredo Thorne says the government plans to unveil a new slate of PPPs and public works projects next week
Posted inMagazine
Felaban’s Giorgio Trettenero on banking regulation and technology
Latin America’s financial institutions have weathered the tough economic times well. Global regulations and rapidly evolving technology will keep them focused in the years ahead, says the secretary general of the region’s banking federation.
Posted inDaily Brief
Mexico looks to shore up peso
Banxico says it will hold a monetary policy meeting next week as analysts expect an imminent rate hike
Posted inDaily Brief
Argentina, Qatar set up infra fund
Qatar’s sovereign wealth fund QIA will contribute $1bn, while Argentina’s ANSES will put in $300m
Posted inDaily Brief
PDVSA gets financing to increase production
Venezuela’s cash-strapped oil company hopes to use $1.45bn in fresh funds to boost sagging output