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  • Pemex plan could boost confidence

    3/25/19
    Local lender Banorte's chief economist Gabriel Casillas said the Mexican finance ministry's plan to further strengthen ailing state oil company Pemex could rally confidence by injecting billions of dollars from the nation's oil...

  • Moody's cuts Vale rating to junk

    2/28/19
    Moody's downgraded Brazilian mining giant Vale's senior unsecured notes and issuer ratings to 'Ba1' from 'Baa3', and changed the company's outlook to negative from under review. In a note to clients on Thursday, the agency said the ...