Bloomberg Mexican President Andres Manuel Lopez Obrador sent a bill to congress that seeks to give state oil company Petroleos Mexicanos greater control over fuel prices, distribution, imports and marketing, his spokesman said. The proposal would modify the country’s hydrocarbon law to allow the Energy Ministry and main regulator to suspend permits “with the goal of guaranteeing the interests of …

Bloomberg The French government is close to finalising a recapitalisation plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro package could be announced in coming days following final approval from Brussels and the board of parent Air France-KLM, said the people, who asked not to be …

Bloomberg Prime Minister Narendra Modi’s government is close to inviting financial bids for flag carrier Air India Ltd., moving toward the sale of an airline that’s surviving on taxpayer money, Civil Aviation Minister Hardeep Puri said. The financial offers are expected to come in within 64 days from the date of request, he said, addressing the Times Network India Economic …