President Andrés Manuel López Obrador’s meddling in the private sector is denting Mexico’s appeal as a safe haven after a stock rally that added about $220 billion in market value in the past three years.
The US electric-vehicle startup had hoped to benefit from a partnership with the iPhone maker, but the tie-up threatens to unravel.
While all the world is fretting over a potential default in the US, a country at the center of Europe’s debt crisis a decade ago is staging a remarkable rebound.
Investor support for Glencore Plc’s climate change strategy weakened, obliging the world’s top coal shipper to again consult with shareholders as it defends one of its most profitable businesses.
Chinese President Xi Jinping met his counterpart from the Democratic Republic of Congo, Felix Tshisekedi, on Friday in Beijing as the two countries seek to relaunch a partnership worth tens of billions of dollars in trade each year.
The threat of a natural gas supply squeeze in Europe is growing after a key price spread reversed, signaling that the region’s current glut will disappear as more cargoes head to Asia.
When officials from 11 countries across Asia-Pacific and the Americas sat down in Detroit on Friday to discuss deepening and expanding their trade bloc, one country was conspicuously absent: the United States.
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target, keeping officials focused on the need for more interest-rate hikes.
Billionaire Carlos Slim is making one of his biggest oil investments after agreeing to purchase a minority stake in a local producer that allows his Grupo Carso SAB to enter the Zama field, one of Mexico’s most promising energy projects.
Marvell Technology Inc. surged as much as 28% — the biggest intraday increase since October 2001 — after the chipmaker said it expects revenue from artificial intelligence to soar this year.
