Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
By Anthony Esposito MEXICO CITY (Reuters) – Mexico is evaluating whether buying Citigroup Inc’s Mexican consumer unit would help boost…
Latin America
Argentine central bank logs biggest U.S. dollar purchase in five months
BUENOS AIRES (Reuters) – Argentina’s central bank purchased $451 million of foreign currency on Wednesday to bolster its dwindling hard…
Brazil creates fewer than expected formal jobs in April
BRASILIA (Reuters) – Brazil’s formal job creation fell short of expectations in April, with a net of 180,005 positions, according…
Analysis-Mexico’s gasoline independence dream sinks in dirty fuel oil glut
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s president took office in late 2018 pledging to boost local output…
Mexico’s Femsa to sell stake in Jetro for $1.4 billion
MEXICO CITY (Reuters) -Mexican retail and bottling giant Femsa said Wednesday it had reached a “definitive” agreement to sell its…
Claims pursuing Citgo’s assets surpass $20 billion -supervisory board
HOUSTON/CARACAS (Reuters) – A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum’s assets surpass $20 billion, making…
Brazil’s economy likely surged back in Q1 powered by record crops: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy likely surged back to growth in the first quarter of the…
Carrots and sticks: Venezuela’s new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS (Reuters) – The new CEO of Venezuelan state-run PDVSA is targeting…
Low-income countries to be left behind without action on jobs – ILO
BERLIN (Reuters) – A global employment divide between high-income and low-income countries is worsening as rising debt levels hit developing…
Athletics-Bolt desperate for impactful role in track and field
By Janina Nuno Rios MEXICO CITY (Reuters) – Usain Bolt said he is desperate to play a role in reviving…