When Mexican President Enrique Pena Nieto arrived at the March 18 rally, he was greeted like a rock star. Hundreds of local residents and employees of Petroleos Mexicanos had gathered in the eastern state of Veracruz for the annual celebration of the 1938 expropriation of foreign oil wells and the founding of Pemex. The workers, all dressed in white shirts and guayaberas bearing the Pemex logo, leaned over waist-high barriers to try to touch the photogenic president. They cheered and sang, breaking frequently into a chant normally reserved for the national soccer team, Bloomberg Markets will report in its June issue.
American International Group Inc., the bailed-out insurer, increased duties for regional leaders and reorganized its main unit into three geographic segments after the departure of the executive overseeing growth markets.
Chile is tapping the U.S.’s National Aeronautics and Space Administration and its domestic Navy on how to maintain the health of 33 miners facing a three-month wait before being rescued from a collapsed gold and copper mine.