Friday , 19 December 2025

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Mexico power utility seeks price hike

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 …

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Latam files for bankruptcy, stymied by virus lockdowns

Bloomberg Latam Airlines Group SA, Latin America’s largest air carrier, sought bankruptcy court protection in New York after the Covid-19 pandemic grounded flights across the region. The Chapter 11 petition allows Latam to keep operating while the Chilean carrier works out a plan to pay creditors and turn around the business. Latam, whose shareholders include Chile’s Cueto family and Delta …

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Chinese retail tycoon’s Wumei mulls HK IPO

Bloomberg Wumei Holdings Inc, the Chinese retail group that owns one of the country’s biggest supermarket chains, is considering an initial public offering in Hong Kong, people with knowledge about the matter said. The Beijing-based company has held preliminary talks with potential advisers about a listing, according to the people, who asked not to be identified because the information is …

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