America Movil SAB and Grupo Televisa SAB were ordered by Mexico’s government to share their infrastructure with competitors in a bid to cut the market share of the nation’s dominant phone and media companies.
Efforts by Citigroup Inc. senior executives to tighten controls in Mexico were rebuffed by managers there for at least five years before the U.S. bank found the local unit had suffered a $400 million loan fraud last month, four people with direct knowledge of the matter said.
Texas Governor Rick Perry, a possible 2016 Republican presidential candidate, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he views Edward Snowden as “more a criminal” than a whistle blower for leaking classified documents on the U.S. National Security Agency’s spying program.
A co-defendant of Joaquin “el Chapo” Guzman, the alleged Mexican drug kingpin captured last month, dropped his plan to plead guilty in a U.S. case after a TV report said he was cooperating with prosecutors.
U.S. efforts to speed natural gas exports as a way to loosen Russia’s grip on European energy supplies may be thwarted by lengthy reviews and developer reluctance to proceed with multibillion-dollar projects.
Hedge fund Aurelius Capital Management LP asked NII Holdings Inc. to reaffirm obligations under debt guarantees, saying the provider of Nextel mobile phone services in Latin America violated bond terms.