Archives
22-Apr-2009
First-quarter oil output at Mexico's state-owned oil company has dropped 4.5 percent from the same period last year to average 2.67 million barrels a day.
Two public investment funds from New Mexico have temporarily suspended their Dallas-based private equity adviser, Aldus Equity Partners LP, in light of a corruption investigation in New York.
April 21 (Bloomberg) -- Mexico?s peso had its biggest gain in more than a month after the central bank auctioned off $3.2 billion of loans to help companies meet their foreign financing needs.
Banorte, one of Mexico's leading banks, has begun to offer life insurance to immigrants working in the United States to protect their families back home.
April 21 (Bloomberg) -- Barclays Plc, the U.K.?s third- largest bank, named former Merrill Lynch & Co. director Gabriel Barbara as head of equities in Mexico, part of a push to expand its presence in Latin America.
Mexico's donkeys are quickly being replaced by pickup trucks and tractors even in the poorest areas, prompting efforts to save unwanted animals and remind Mexicans how much their country owes to burros.
Mendoza, who helps oversee 146 billion pesos ($11.1 billion) at the Banco Santander SA unit, said the yield on Mexico?s 8 percent note maturing in December 2013 will drop to 6 percent over the coming months as the central bank lowers its target interest rate to 5 percent.
April 22 (Bloomberg) -- New Mexico Governor Bill Richardson?s campaigns and political action committees received at least $102,300 from brokers hired by money managers seeking to handle $11.7 billion of state trust funds, campaign finance records show.
Crude production at Mexico's state-owned oil company dropped by about 8 percent in the first quarter of 2009 compared to the same period the year before amid declining reserves, the company said Tuesday.
CIUDAD JUAREZ, Mexico ? A few months ago, the mayor of the most violent city in Mexico would sometimes sleep across the border in El Paso for safety.
