Mexico eyes private firms in oil industry reform
President Pena Nieto proposes lifting the ban on private companies in Pemex’s oil sector, enabling risk and profit sharing subject to constitutional changes. The plan seeks to spur exploration and production amid declining output and a pushback from the left, with approval needing Senate votes and state legislatures.
MENTIONED IN THIS ARTICLE
Mexico
Mexico City
Enrique Pena Nieto
Democratic Revolution Party
Pena Nieto
Institutional Revolutionary Party
National Action Party
Senate
Chamber of Deputies
Felipe Calderon
Democratic Revolution
Congress
Pemex
Tion
Cesar Camacho
Lazaro Cardenas
Gulf Coast
BlackBerry weighs exploring strategic options for sale
BlackBerry forms a special committee to explore strategic alternatives including sale or joint ventures to boost value and promote BlackBerry 10. Stock rose 5.2 percent as the company faces ongoing losses amid competition from iPhone and Android rivals.
MENTIONED IN THIS ARTICLE
Toronto
BlackBerry
Apple
BlackBerry Ltd
Greece posts first significant primary budget surplus
Greece reports a 2.6 billion euro primary surplus for January to July, beating the 3.1 billion euro deficit target. The overall deficit, including interest, is 1.9 billion euros, under the 7.5 billion euro target, as Athens continues austerity and tax measures with ECB bond proceeds aiding revenue.
MENTIONED IN THIS ARTICLE
Athens
Greece
Finance Ministry
Christos Staikouras
Staikouras
European Central Bank
ECB
Eurozone
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Chicago Merchantile Exchange
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