Cairo / AFP Egypt is raising tariffs on some imported goods to up to 60 percent following a decree by President Abdel Fattah al-Sisi, the finance ministry said. The ministry said the measure was introduced to “reduce imports”, which have seen Egypt’s trade deficit soar to more than $49 billion (46 billion euros). Sisi’s list of hundreds of imported ...

  Bloomberg Pemex’s chance to enter the modern oil era hangs in the balance of the country’s Dec. 5 auction. Mexico will hold its first-ever deep-water auction on Monday — part of an effort to attract investment from international oil giants such as Exxon Mobil Corp., Chevron Corp. and BP Plc to help develop the country’s offshore oil properties. The ...

  Bloomberg India’s Prime Minister Narendra Modi plans to move all government purchases, from paper clips to power plant turbines, to an Amazon-like online marketplace that could eventually be worth a fifth of the country’s $2 trillion economy. Modi’s government, which on Nov. 8 announced a sudden decision to replace 86 percent of India’s cash in a bid to cut ...