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Sempra’s Ienova rallies on likelihood of $2 bn pipeline win

  Bloomberg The prospect of building an underwater pipeline from Texas to Mexico is making Sempra Energy’s Ienova one of the top-performing stocks south of the border. Infraestructura Energetica Nova SAB, as the unit is formally called, had the second-biggest gain on the Mexican Stock Exchange since announcing plans on May 19 to bid to develop the $2.1 billion project ...

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Chile CPI above target at 4.2% as Central Bank keeps bias

  Bloomberg Chile’s inflation rate was unchanged in May, above the target range, as central bank President Rodrigo Vergara used price-growth to explain the bank’s continued tightening bias in monetary policy as unemployment rises. Prices increased 4.2 percent from the year earlier, the National Institute of Statistics reported on Thursday. In the month, prices gained 0.2 percent, the agency said. ...

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Oil in longest run of gains in 6 weeks

  Bloomberg Oil advanced for a fourth day after government data showed U.S. inventories fell a third week and a new wildfire prompted Canadian producers to shut output. Futures gained as much as 0.9 percent in New York, rising from the highest close in 10 months and extending its run of advances to the longest since April 22. Crude stockpiles ...

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