Friday , 19 December 2025

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Pemex dismal earnings rekindle investor jitters

Bloomberg Just as Petroleos Mexicanos’ bonds finally recovered from last year’s rout, a dismal earnings report sent them tumbling back down. Pemex said that its oil output declined 12 percent in the first quarter from a year ago, while its refineries operated at just 34 percent of capacity. In the next five days, yields on the company’s bonds maturing in …

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Trade-war scenarios force investors to rewrite playbook

Bloomberg All it took was two lunchtime tweets, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,” for investors around the world to rip up their playbooks for 2019. What has replaced those playbooks now that US President Donald Trump has made good on his Twitter threats to boost tariffs on $200 …

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Bitcoin’s first $1,000 weekend since 2017 marks 9-month high

Bloomberg Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market. Bitcoin rose as much as 6.9 percent to $7,445, before trading at $7,323.86 in Hong Kong on Sunday, according to Bitstamp. All …

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