Mexican President replaces Pemex CEO Emilio Lozoya resigned as Petroleos Mexicanos’ chief executive officer after the oil giant failed to reverse falling output and reported 12 straight quarterly losses. Lozoya, 41, who took over as CEO of the state-owned producer in late 2012, will be replaced by Jose Antonio Gonzalez Anaya, President Enrique Pena Nieto said in Mexico City on Monday. Bloomberg reports. Latin American equities start year in the red Utilities was the only category to register growth Latin American equities started the year with a negative performance, a reflection of the performance of broader markets, S&P Dow Jones Indices reported. Both the S&P Latin America BMI and the S&P MILA Pacific Alliance Select indices fell 5 and 2 […]
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