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(Bloomberg) -- Mexico’s ruling Morena party picked Claudia Sheinbaum, the former mayor of Mexico City, as its candidate to succeed President Andres Manuel Lopez Obrador, seeking to retain power in next year’s general elections. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate

(Bloomberg) -- Mexico’s main opposition presidential candidate Xochitl Galvez called for a sweeping reform of state oil firm Pemex, opening the energy sector to private investment and supercharging renewables. Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsChina Seeks to Broaden iPhone Ban to State Firms, AgenciesTrudeau Says No Room for Political Rapprochement With ChinaSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackIndia’s Moment Has Arr

(Bloomberg) -- Mexico’s opposition coalition will choose Xochitl Galvez as its presidential candidate to the 2024 election, pitting the strong-willed senator against a yet-to-be-named representative from the powerful ruling party of Andres Manuel Lopez Obrador.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Co