MEXICO CITY — When the economic crisis came calling, it went straight to voicemail for the region’s biggest telecom players. Both Spain’s Telefónica (No. 3) and Mexico’s America Móvil (No. 4) posted big increases in ...
Many Mexicans cannot remember having lived through a recession like the current one. Economists are forecasting Mexico’s economy will shrink by 7 percent this year, its worst economic setback in eight decades and one of the ...
Pemex has served as Mexico’s standard-bearer of nationalism, but the burden of funding the government is taking a heavy toll.