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Stefanie Eschenbacher

RPT-Mexico shifts oil hedging formula to new export realities

18 Oct 2019

NEW YORK/MEXICO CITY, Oct 18 Mexico's new crude oil formulas that underpin its export sales and oil hedging program highlight the growing reach of U.S. crude exports and Mexico's decision to rely on more liquid, heavily-traded international contracts.

Mexico shifts oil hedging formula to new export realities

18 Oct 2019

NEW YORK/MEXICO CITY, Oct 18 Mexico's new crude oil formulas that underpin its export sales and oil hedging program highlight the growing reach of U.S. crude exports and Mexico's decision to rely on more liquid, heavily-traded international contracts.

Santander's venture capital fund eyes fresh Latin American investments

28 Sep 2019

MEXICO CITY/MADRID, Sept 27 A venture capital fund backed by Spanish bank Santander is eyeing fresh opportunities across Latin America, an executive said on Friday, days after it completed an investment in Mexican financial technology startup Klar.

In Mexico, 85 fintechs are seeking permission to operate

27 Sep 2019

MEXICO CITY Mexican banking regulator CNBV said on Thursday it received applications from 85 companies to formally operate in the country under its new fintech law as the government of President Andres Manuel Lopez Obrador pushes for more financial inclusion.

Time for Pemex to step up to fend off downgrade, deputy finance minister says

13 Sep 2019

MEXICO CITY After a $5 billion government lifeline to pay off debt, Mexico's struggling state oil company Pemex must now do its part to fend off a threatened credit downgrade by keeping promises to increase production and lowering costs, a top official said.

Mexico pushes back after top U.S. court favours Trump on shunning migrants

13 Sep 2019

MEXICO CITY The Mexican government protested and Central American migrants feared deportation back to their violent homelands on Thursday after the U.S. Supreme Court allowed President Donald Trump to slam the door on asylum-seekers at the U.S.-Mexican border.

UPDATE 2-Time for Pemex to step up to fend off downgrade, deputy finance minister says

13 Sep 2019

MEXICO CITY, Sept 12 After a $5 billion government lifeline to pay off debt, Mexico's struggling state oil company Pemex must now do its part to fend off a threatened credit downgrade by keeping promises to increase production and lowering costs, a top official said.

UPDATE 4-Mexico defends budget plans as growth forecast comes under fire

10 Sep 2019

MEXICO CITY, Sept 9 Mexico's finance minister defended the 2020 budget proposal on Monday, insisting that his tax revenue and spending projections are credible, despite concerns that the underlying forecasts for growth and oil output are overly optimistic.

Exclusive: Mexico moves to launch world's largest oil hedge program - sources

06 Sep 2019

NEW YORK/MEXICO CITY Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

EXCLUSIVE -Mexico moves to launch world's largest oil hedge program -sources

06 Sep 2019

NEW YORK/MEXICO CITY, Sept 5 Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

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