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Cemex’s cash-flow gains convince investors’ sentiments

Bloomberg Cemex SAB is staging its biggest rally in four years as the largest cement maker in the Americas gets a boost from cost cuts, U.S. sales gains and a rebound in the Mexican peso. Lower interest rates and taxes also will help the company boost free cash flow by $350 million this year, more than the previously targeted increase ...

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Newspapers gobble each other up to survive digital apocalypse

Bloomberg Newspapers have settled on a strategy to stop withering away: feast on each other for survival. For the owners of big-city dailies like the Chicago Tribune and Denver Post, buying smaller publications and slashing costs has become a way to buy time while figuring out how to make more money online. That was the logic behind the recent failed ...

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Chile economic rebound on hold as central bank cuts forecast

Bloomberg Chile’s long-heralded economic recovery is on hold once again, at least for the rest of this year, the central bank said, cutting its growth and inflation forecasts for 2016. The world’s largest copper producer will expand 1.25 percent to 2.25 percent this year, policy makers said in their quarterly monetary policy report on Monday. The previous estimate was 2 ...

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