Bloomberg Unfazed by criticism it is unfairly blocking renewable energy projects, Mexico’s state-owned utility is doubling down on demands for regulators to protect its market share. The Comision Federal de Electricidad, which says it produces 54% of the nation’s power, wants regulators to raise transmission costs for private companies immediately, company head Manuel Bartlett said in an interview. A raft ...

The US and global economies are in a perilous state, and yet we may be underestimating the dangers. Just out of sight lies a second large threat: a global debt crisis that, centred in Europe, would further destabilise a world already struggling to combat the dreadful consequences of the coronavirus pandemic. In the United States and elsewhere, tens of millions ...

Meituan Dianping suffered from the Covid-19 pandemic in all the ways that investors would have expected: In-person activities got stung, food deliveries stayed relatively resilient and groceries thrived. As a result, revenue dropped and losses widened. What’s surprising is the area where China’s leading delivery and bookings provider benefited most: advertising. Even with business activity decimated, suppliers who rely on ...