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López Obrador’s proposed legislation stoked anxiety in private sector and US government
Renewables companies targeted in move to consolidate state control
Hopes raised that agreement will boost business confidence in López Obrador’s administration
...Spain’s Comisión Nacional del Mercado de Valores said: “The decision has been adopted taking into account the evolution of securities markets in the context of the situation arisen as a result of the Covid...
...Attorney’s Office for the District of Massachusetts, Federal Bureau of Investigation, Financial Industry Regulatory Authority, Argentinian Comisión Nacional de Valores, Alberta Securities Commission, British...
...The electricity monopoly held by the Comisión Federal de Electricidad has been broken by creating new companies....
...Walmart pays for every recharging of electric or hybrid cars in its installations and pays this cost to the Comisión Federal de Electricidad (CFE)....
...All told, the country owes just shy of $70bn, not including interest, in debt issued by the government, PDVSA, Electricidad de Caracas and Sidetur, a state-owned steel company....
...State-owned companies, such as Petroleos Mexicanos (Pemex), the country’s oil monopoly; Comision Federal de Electricidad, or CFE, Mexico’s electricity monopoly; and Comision Nacional del Agua, the agency...
...Both Argentina’s Comision Nacional de Defensa de la Competencia and the Korea Fair Trade Commission in South Korea have also opened investigations into certain business practices, according to a company...
...The removal of the shares of CANTV, Venezuela’s largest telecommunications company and until now its largest traded company, and Electricidad de Caracas, the largest remaining private electricity utility...
...“We are a monopoly pushing not to continue to be a monopoly,” says Alfredo Elías Ayub, director-general of Mexico’s state-run Comision Federal de Electricidad....
...Electricidad de Caracas, or EdC, the power company, has fallen by almost 40 per cent. Verizon Communications of the US and Telefónica of Spain are major stockholders in EdC....
...It was not clear on Monday night whether the government would offer compensation for the expropriation of the assets or stakes in Cantv or Electricidad de Caracas which are held by foreign investors....
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