Venezuela opposition to leave Citgo funds, management untouched: envoy

Venezuela’s opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government’s U.S. envoy said on Friday.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/gHS1a-WKcIU/venezuela-opposition-to-leave-citgo-funds-management-untouched-envoy-idUSKCN1Q42SH

Mattel warns of weak 2019, shares drop most in 20 years

Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/CRmurqmKrds/mattel-warns-of-weak-2019-shares-drop-most-in-20-years-idUSKCN1Q42K1

Fed policymakers see one U.S. rate hike, or none, as growth slows

When the Federal Reserve last month adopted a new “patient” approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/khZIcerQfhM/fed-policymakers-see-one-u-s-rate-hike-or-none-as-growth-slows-idUSKCN1Q42Q8

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/hKEwFVA8VHQ/mexico-to-inject-3-9-billion-in-pemex-seeks-to-prevent-credit-downgrade-idUSKCN1Q41NE

Analyst View: Investors divided over Mexico’s bailout of state oil company

The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of at least $3.6 billion to prevent a further credit downgrade.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/oyTWE0JfiQ8/analyst-view-investors-divided-over-mexicos-bailout-of-state-oil-company-idUSKCN1Q42R0

CORRECTED (OFFICIAL)-UPDATE 6-Mexico to inject $3.9 bln in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9
billion into ailing state oil company Pemex, officials said on
Friday, promising to strengthen its finances and prevent a
further credit downgrade, although investors saw the plan as
only a short-term fix.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/YX4-FYBg5sI/corrected-update-6-mexico-to-inject-3-9-bln-in-pemex-seeks-to-prevent-credit-downgrade-idUSL1N20A0VT