Bloomberg Business

Citi Drops $7 Billion Banamex Sale That Drew AMLO Scrutiny

Citigroup Inc. plans to sell shares of its Banamex unit in an initial public offering, ending talks for a potential $7 billion divestiture to a local buyer in a deal that faced complications from Mexico’s president.

Fires in Western Canada Recede, Helping Energy Output Rebound

The number of fires burning in Canada’s top energy-producing province of Alberta continued to decline amid cooler weather, allowing more companies to restore oil and gas production that had been shut earlier in the month.

Texas AG Ken Paxton Accused of Corruption by State Investigators

Texas Attorney General Ken Paxton may have committed a litany of criminal and ethical offenses, according to state investigators who disclosed new details of a secret, monthslong probe of corruption claims against the Republican.

Close Bitnami banner
Bitnami