Mexico / AP Mexico’s central bank has lowered its economic growth forecast for 2016 to between 2 percent and 3 percent. That range was down from 2.5 percent to 3.5 percent in the last quarterly report. The report released covers the final quarter of 2015. The bank now predicts lower external demand due to less dynamic industrial activity in the ...

Sao Paulo / AFP Supporters of Brazil’s former president Luiz Inacio Lula da Silva rallied in their hundreds outside his Sao Paulo house a day after his dramatic detention in a corruption probe. The show of resolve was the latest sign a mounting political crisis over the investigation into alleged embezzlement and bribery at the state oil giant Petrobras was ...

Bloomberg Frontier Airlines Inc., the no-frills U.S. carrier owned by private-equity firm Indigo Partners, hired underwriters for an initial public offering, people with knowledge of the matter said. Barclays Plc, Deutsche Bank AG and JPMorgan Chase & Co. are working on the IPO, said the people, who asked not to be identified because the discussions are private. Citigroup Inc. also ...