Mexico’s Oil Firm Says Debt Fell US$20bn
Pemex, Mexico's state oil company, says it cut debt by more than US$20 billion and will invest about US$96 billion by 2030. The post Mexico’s Oil Firm Says Debt Fell US$20bn appeared first on The Rio Times.
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Pemex, Mexico's state oil company, says it cut debt by more than US$20 billion and will invest about US$96 billion by 2030. The post Mexico’s Oil Firm Says Debt Fell US$20bn appeared first on The Rio Times.
Armando Senra, Head of the Americas Institutional Business at BlackRock, said family offices generally view geopolitical tensions as a source of short-term market and allocation effects, rather than a reason for major long-term portfolio changes. He said investors are attentive to current events but are maintaining broader trends seen among institutional clients: expanding private-market exposure with greater diversification and using ETFs for both active and index strategies. He speaks with Romaine Bostick & Jess Menton on "The Close." (Source: Bloomberg)
If Flávio Bolsonaro wins Brazil’s presidential runoff on Oct. 25, he will give the nation’s state oil company broad freedom to reshape its portfolio while seeking to bring more private investment into sectors dominated by the state-controlled oil producer, according to one of his energy advisers.
Bloomberg has learned that Blackstone Inc. and a unit of Apollo Global Management Inc. may be allowed to buy minority stakes in NFL teams at some point. Talks are preliminary and there's no deal yet. Bloomberg's Scarlet Fu reports. (Source: Bloomberg)
KKR & Co.’s co-head of European private equity, Philipp Freise says Germany is offering a safe and stable environment for investment while other parts of the world face crises. Speaking to Bloomberg's Francine Lacqua on the sidelines of the Berlin Global Dialogue, Freise pointed to positive signs from Chancellor Friedrich Merz’s reform on pensions. (Source: Bloomberg)
Belgium is ramping up efforts to divest from stakes it amassed in banks during the global financial crisis, with some in the government pushing to prioritize the sale of its 5.7% stake in BNP Paribas SA.
Citi's Japan, Asia North and Australia Cluster and Banking Head Marc Luet expects AI infrastructure investment to remain a dominant theme, despite growing scrutiny. He speaks after data center firm Nextdc shares plunged following a public backlash. (Source: Bloomberg)
The lithium fund LIT fell 0.53% to US$64.27 on Tuesday while Albemarle rose 1.19%. What the split means for Chile, Argentina and US investors. The post Lithium Fund Slips 0.53% as Albemarle Gains 1.19% | Lithium, Oct 20 appeared first on The Rio Times.
The copper fund CPER rose 0.45% to US$39.75 on Tuesday while Freeport-McMoRan fell 1.26%. What it means for Chile and Peru, with prediction-market tariff odds. The post Copper Fund Edges Up 0.45% as Freeport Falls 1.26% | Copper, Oct 20 appeared first on The Rio Times.
Gold fund GLD fell 0.54% and silver fund SLV rose 1.13% on Tuesday as Fed rate worries weighed on gold. See prediction markets and the dollar. The post Gold Fund Slips 0.54% as Silver Fund Gains 1.13% | Gold & Silver, Oct 20 appeared first on The Rio Times.
Finance Minister Khamis Mussa Omar and IFC's Ethiopis Tafara agreed in Bangkok to work on private investment for Tanzania's US$1 trillion economy goal. The post Tanzania Private Investment Push Eyes US$1T appeared first on The Rio Times.
As the threat of a reclassification by MSCI that could relegate Indonesia to an investment hinterland looms, the country’s financial regulators and stock exchange officials have vowed to address systemic concerns, including removing stocks with concentrated ownership. The global index provider announced on Friday it was launching a formal consultation to decide whether to downgrade Southeast Asia’s largest economy from “emerging market” to “stand-alone” status, similar to countries such as...
Indonesia's sovereign investment body Danantara has completed a $533 million property acquisition in Mecca. Thakher Development announced the handing over of the title, marking the first time land at Thakher Makkah has been made available to investors from outside Saudi Arabia. Faisal Shaker, CEO of Thakher Development spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on property ownership in one of the Holy Cities in Saudi Arabia. (Source: Bloomberg)
Tokyo, Oct. 20 (Jiji Press)--Japan's industry ministry plans to invest an additional 400 billion yen in semiconductor maker Rapidus Corp. over the three years through fiscal 2029. The planned investment, disclosed Monday at a subcommittee meeting of the Fiscal System Council, which advises the finance minister, would bring the government's total investment in the Tokyo-based company to 650 b...
Renaissance Capital Africa raised its Dangote refinery valuation to ₦700.41 a share, 33.4% above the IPO price, as the offer closes on 27 October. The post Dangote Refinery Valued 33.4% Over IPO Price appeared first on The Rio Times.
Gabon was set to lay the first stone on 20 October for a cement plant of at least US$195 million that should cut clinker imports and create 200 jobs. The post Gabon Plans US$195 Million Cement Plant appeared first on The Rio Times.
Riyadh postpones flagship investment conference until 2027, orders government staff to work from home.
Todd Rosenbluth, head of research at TMX VettaFi, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)
Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)
Morocco is building or raising 14 large dams worth about US$2.97 billion, with two finished and the last due in 2031, as reservoirs recover to 65.9%. The post Morocco Builds 14 Dams Worth US$3 Billion appeared first on The Rio Times.
Primary Health properties Plc has formed a £700 million ($933 million) venture with GIC Pte, part of its ongoing plan to reduce debt levels following a merger last year.
A Soviet-born US investor with ties to President Donald Trump’s administration plans to expand his copper investments in Armenia and is betting on a broader opening of the region as Washington moves to strengthen its economic presence.
Beyond floral markets, the inflationary crunch has extended to other core components of the celebrations
Delcy Rodríguez said Venezuela's oil industry will get almost US$76 billion in five years, citing 17 deals with the US and 324,000 jobs in a decade. The post Venezuela Sees US$76 Billion Oil Investment appeared first on The Rio Times.
Ten to 20 more companies are set to establish or expand operations in Hong Kong, including leading drug makers and a semiconductor business, with a roughly equal number of mainland Chinese and overseas firms, the head of a government investment office has said. Peter Yan King-shun, director general of the Office for Attracting Strategic Enterprises (OASES), a government body under the Financial Secretary’s Office, offered a preview of the developments on Sunday, with details of the next batch of...
Andhra Pradesh eyeing rapid industrial growth as investments cross ₹8.67 lakh crore over the past two years, say officials; FDI surged to $608 million in 2025–26 from $92 million in 2023–24
Goldstone Capital Limited, a shareholder in Banca Monte dei Paschi di Siena SpA backed by Qatari investors, said it supports Intesa Sanpaolo SpA’s takeover bid for the Tuscan lender, emerging as the latest investor to support the deal.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
China’s R&D investment grew by 8.2 per cent last year – fuelled by double-digit growth in fundamental science and university funding – in sharp contrast with deep budget cuts across the US research sector. Total investment in research and experimental development crossed 3.9 trillion yuan (US$583 billion) in 2025, “maintaining a trajectory of steady growth”, the National Bureau of Statistics said when releasing the data on Friday. State news agency Xinhua noted on Friday that in the five years...