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Mexico’s once mighty Pemex oil firm faces bleak future

AFP Mexico’s state-run firm Pemex is bracing for massive budget cuts as it battles to avoid a bleakfuture mired in tumbling oil prices, falling production and rampant fuel thefts. President Enrique Pena Nieto has implemented an energy reform that ended the company’s seven-decade monopoly of the energy industry but also sought to inject new life into Pemex through partnerships with ...

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Brexit may send British wardrobe costs soaring

Bloomberg It’s not just your financial investments that Brexit might hit. A British departure from Europe could be bad for your wardrobe too. The European Union membership debate has already hit the pound, sending it to its worst week against the dollar since 2009. Analysts have warned it could get worse, with Goldman Sachs Group Inc. saying a vote for ...

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Punching power into UAE’s trade shows

Sunaina Rana / EMIRATES BUSINESS International Expo-Consults LLC (IEC), a leading international trade show organiser in the Middle East is based in Dubai, the heart of United Arab Emirates(UAE). For over a decade, IEC has played a key role in delivering the power of business shows in stimulating regional and international trade through the UAE. The professional expertise of IEC ...

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