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  • Jan 28- U.S. natural gas futures pared losses on Thursday after a government report of a slightly bigger-than-expected storage draw countered forecasts for warmer-than-normal weather through mid-February. The U.S. Energy Information Administration said utilities pulled 211 billion cubic feet of gas out of storage during the week ended Jan. 22, the biggest...

  • Jan 28- U.S. natural gas futures fell more than 3 percent early Thursday on forecasts for warmer-than-normal weather through mid-February as the market awaits a federal storage report expected to show a big draw. After rising for six days in a row, front-month gas futures on the New York Mercantile Exchange were down 7.8 cents, or 3.6 percent, at $2.111 per million...

  • U.S. natgas futures edge higher on cooler forecasts Wednesday, 27 Jan 2016 | 8:28 AM ET

    On its last day as the front-month, February futures on the New York Mercantile Exchange were up 2.9 cents, or 1.33 percent, to $2.209 per million British thermal units at 8:15 a.m. EST. The March contract, which will soon be the front month, was also up early Wednesday, gaining 2.1 cents to $2.179. "Unless the weather remains cold for an extended period of time, it is...

  • MEXICO CITY, Jan 26- Mexico's peso currency should strengthen as soon as international markets start to shrug off current concerns over risk-taking, Finance Minister Luis Videgaray said on Tuesday. "Once this moment of great aversion to risk and uncertainty in the markets begins to dissipate, the peso will surely regain its value," Videgaray told reporters in...

  • Jan 26- Airlines, hotels and cruise operators serving Latin America and the Caribbean are facing growing concern among travelers who had planned to visit countries potentially affected by Zika after the World Health Organization warned the virus is likely to spread to most of the Americas. Canada and Chile are the only countries in the Americas the virus is...

  • After edging up 2 percent last week, front-month gas futures on the New York Mercantile Exchange were down 4.9 cents, or 2.29 percent, to $2.09 per million British thermal units at 9:01 a.m. EST. After cities from Washington to New York were buried under more than two feet of snow over the weekend, both the U.S. and European weather models pointed to...

  • U.S. adds more countries to Zika travel alert Friday, 22 Jan 2016 | 11:45 AM ET

    Friday's warning adds Barbados, Bolivia, Ecuador, Guadeloupe, Guyana, Cape Verde, Samoa and the island of Saint Martin to a list of 14 countries and territories. Health experts are unsure why the virus- detected in Africa in 1947 but unknown in the Americas until last year- is spreading so rapidly in Brazil and neighboring countries. The agency issued an advisory...

  • SAO PAULO, Jan 20- Mexico's peso tumbled to a record low on Wednesday and Brazil's stock market sank to its lowest level since early 2009 as a slump in oil prices drove a further sell-off of riskier assets around the globe. Growing concerns about global oversupply due to the lifting of international sanctions on Iran drove U.S. crude prices to their lowest since...

  • Marijuana Inc. eyes Mexico as drug liberalization looms Wednesday, 20 Jan 2016 | 9:50 AM ET

    MEXICO CITY, Jan 20- Many top companies cashing in on legal cannabis are considering a bet on Mexico after a Supreme Court decision raised hopes for a legalization of medical and recreational marijuana in a country reeling from years of gruesome drug violence. "Me personally, I'm not afraid to go to Mexico," said Daniel Sparks, head of government affairs at...

  • TORONTO/ MEXICO CITY, Jan 19- Bank of Nova Scotia, Canada's third-largest bank, will push ahead with its plans in the high-growth focus markets of Peru and Chile despite their exposure to the commodities sectors, one of its top executives said on Tuesday. Scotiabank has been aggressively expanding in the Pacific Alliance countries of Mexico, Peru, Chile and...

  • MEXICO CITY, Jan 14- Ford Motor Co will announce a new automobile plant in the Mexican state of San Luis Potosi during the first quarter, two government officials familiar with company plans said on Thursday. The plant should produce around 350,000 cars annually, according to the two officials, and the investment should be worth slightly over $1.5 billion, one of...

  • BENGALURU, Jan 14- Economic growth is losing momentum across emerging and developed economies as is inflation, with trouble in China now the biggest worry for 2016, according to the overwhelming majority of hundreds of economists polled by Reuters around the world. Elwin de Groot, senior market economist at Rabobank, warned that the world could no longer rely...

  • MEXICO CITY, Jan 8- Mexico's exchange rate may have been affected by a market over-reaction to China, and once things calm down, it should reflect Mexico's economic fundamentals and appreciate, Bank of Mexico Governor Agustin Carstens said on Friday. Mexico's peso currency has hit a series of record lows against the dollar in recent days, with fears over Chinese...

  • SINGAPORE, Jan 8- Assessments of China's intentions after it let the yuan depreciate more quickly this week possessed some qualities of a fairground mirror, with policymakers in nearby Asia far less alarmed about risks of a "currency war" than those further away. As global currency and stock markets shivered on Thursday, Mexico's Finance Minister Luis...

  • MEXICO CITY, Jan 7- The depreciation of the Chinese yuan risks triggering a cycle of competitive devaluation and is causing enormous worry in the world's financial markets, Mexican Finance Minister Luis Videgaray said on Thursday. China allowed the biggest fall in the yuan in five months on Thursday, sending global markets down on concerns that China might be...

  • Jan 7- Alcoholic beverage maker Constellation Brands Inc reported better-than-expected quarterly net sales and profit, and said it plans to spend $1.5 billion to build a brewery in Mexico to meet growing demand for its Mexican beer brands. Constellation has been benefiting from strong demand from a rising Hispanic population in the United States who have...

  • Jan 7- Alcoholic beverage maker Constellation Brands Inc reported better-than-expected quarterly net sales and profit, and said it plans to spend $1.5 billion to build a brewery in Mexico to meet growing demand for its Mexican beer brands. Net sales of beer rose 8 percent to $831.3 million in the third quarter ended Nov. 30, accounting for more than half of the...

  • Constellation Brands' sales rise 6.4 pct Thursday, 7 Jan 2016 | 7:42 AM ET

    Jan 7- Constellation Brands Inc reported a 6.4 percent rise in third-quarter net sales, helped by higher demand for its Corona and Modelo beer brands. Net income attributable to the company rose to $270.5 million, or $1.33 per share, in the quarter ended Nov. 30, from $222.2 million, or $1.10 per share, a year earlier. Constellation also said it plans to build a new...

  • SAO PAULO, Dec 30- Stocks and currencies in Brazil and Mexico weakened on Wednesday, as a slide in crude prices to near 11- year lows hit demand for riskier assets. The real fell 1.8 percent to 3.9480 reais to the dollar, the third-weakest annual close since the currency was introduced in 1994. The real slumped this year as the government failed to assuage concerns...

  • RIO DE JANEIRO, Dec 29- Sao Paulo's city hall on Tuesday proposed levying fees on Uber, a plan praised by the ride-hailing service but protested by taxi drivers in Brazil's largest city who say the plan does not go far enough to regulate the rapidly growing app. Uber Technologies Inc endorsed the proposal as "innovative" in a statement and said it would take part in...