Mexico Shoving Companies Like OGX From Top 500: Corporate Brazil

November 13, 2012

Bloomberg BusinessWeek, 11/12/2012

Brazil is losing to Mexico in the ranking of the world’s 500 most-valuable companies as economic growth falters in the South American country and President Dilma Rousseff’s interventionist policies erode investor confidence.

The number of Brazilian companies among the world’s biggest by market value fell to 10 from 15 two years ago, while Mexico’s rose to nine from five as the country benefited from an economic rebound in the neighboring U.S., according to data compiled by Bloomberg.

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