Category: PMN Business

Nov 29

Mexico raids stores selling counterfeit or contraband Asian goods, pledges a nationwide crackdown

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Published Nov 29, 2024  •  2 minute read Article content MEXICO CITY (AP) — Mexican authorities raided a massive complex of stores selling counterfeit Chinese and other Asian goods in downtown Mexico City, and vowed Friday to take the crackdown nationwide. Article […]
Nov 28

Telesat to Refinance Distressed Debt Amid Space Race Versus Musk’s Starlink

Breadcrumb Trail Links PMN Business Canadian satellite operator Telesat Corp. is preparing to kick off talks with lenders over at least $1.7 billion in debt that currently trades at distressed levels, its chief executive officer said. Author of the article: Bloomberg News Thomas Seal and Curtis Heinzl Published Nov 28, 2024  •  3 minute read […]
Nov 28

Ghana Investors Agree Early Payment of Energy Debt as Vote Looms

Article content (Bloomberg) — Ghana’s creditors have agreed to an early repayment of all outstanding energy bonds, following a meeting this week. Article content The bondholders present at a Nov. 26 special meeting “unanimously proposed and resolved to authorize the modification of the final maturity or redemption date and interest payment dates of all the […]
Nov 27

Trump’s tariffs would devastate auto sector, raise consumer costs: industry leaders

Article content Auto industry leaders say U.S. president-elect Donald Trump’s threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher vehicle prices. Article content Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, said it’s unreasonable to apply such a tax to vehicle […]