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Business Central America

  • Oct 2- Fitch Ratings has affirmed the' AA' Insurer Financial Strength ratings of Factory Mutual Insurance Company and its affiliates. The Rating Outlook is Stable.

  • NEW YORK, Oct 2- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, said he sees the U.S. going the way of Greece if it does not get its fiscal house in order.

  • MEXICO CITY-- The appearance of a life-size statue of Azerbaijan's "founder of the nation" on Mexico City's elegant Reforma Avenue, not far from Mahatma Gandhi, Abraham Lincoln and Mexico's national heroes, is raising eyebrows and protests.

  • U.S.-traded shares of Argentine companies did particularly well, with telecom holding company Nortel Inversora gaining 7.7 percent to $11.10 and Petrobras Argentina, a subsidiary of Brazil's Petrobras adding 4.4 percent to its share price. The BNY Mellon index of leading Latin American ADRs gained 1.1 percent on the day.

  • The most popular motorsports series in Mexico will make its U.S. debut next season at Phoenix International Raceway. The NASCAR Toyota Series will run at Phoenix on March 1 in conjunction with the Sprint Cup, Nationwide and K&N West Series. NASCAR and PIR officials will hold a Tuesday news conference in Phoenix.

  • Oct 1- Torex Gold Resources Inc:. *Announces C $350 million bought deal financing. *Net proceeds of the offering will be used to fund development of the Morelos.

  • NEW YORK, Oct 1- U.S. manufacturing unexpectedly grew last month for the first time since May but euro zone factories suffered their worst quarter since early 2009 and China lost steam, suggesting the global economy faces hurdles as it tries to outrun recession.

  • TOKYO-- The fast aging of Japanese society is evident as soon as one lands at Tokyo's Narita airport and sees who is doing the cleaning. Having the world's highest percentage of older people is creating unique challenges for Japan, but a report released Monday by the U.N. Population Fund warns that they will not be unique for long.

  • CARACAS, Venezuela-- A huge crowd filled the streets of Venezuela's capital on Sunday cheering for opposition candidate Henrique Capriles, waving flags in a show of support one week before the country's hotly contested presidential election.

  • Oct 1- The U.S. Supreme Court, back in session today after its summer recess, is expected to take up a closely watched case that could help it decide whether American judges are empowered to hear lawsuits over human rights atrocities abroad.

  • *India, Middle East, Africa to lead high-tech product demand. have more disposable income and a heavy appetite for technology products like cell phones, tablets and laptops, " Ken Rankin, high-tech marketing director at UPS in Atlanta, said in a Friday interview with Reuters.

  • Is Crude at a Geopolitical Tipping Point?

    Israeli Prime Minister Benjamin Netanyahu just said Iran will have enough enriched uranium to build a bomb by next summer. How are the markets reacting? CNBC's Sharon Epperson and Kamran Bokhari, Stratfor, discuss.

  • Stock Exchange Building, Mexico City

    U.S. investors who've been cringing over the Chinese and Brazilian stock markets the past few years might have looked closer to home for an emerging market.

  • Mexican Pesos

    Investors looking to sample Mexico will find a limited number of ADRs, but many open-ended mutual funds and exchange traded funds.

  • Venezuelan President Hugo Chavez speaks at Latin American summit

    The Venezuelan president pledged to invest $130 billion in Venezuela's Orinoco Oil Belt between 2013 and 2019 to boost national production from 3 million barrels per day to 6 million bpd, doubling output to make it OPEC’s second-largest producer after Saudi Arabia, knocking Iran into third place.

  • When the time comes to retire, not everyone wants a condo in Boca Raton. Many people want to spend their later years in another culture, one that makes them feel like they’ve stumbled upon a secret paradise.One such place is Costa Rica. Its name means “rich coast,” which is appropriate considering its location on the Central American isthmus. Its equatorial location keeps its climate tropical year-round, and the Pacific Ocean on its west side and the Caribbean Sea to the east make it everything

    Many people want to spend their later years in an environment that makes them feel like they’ve stumbled upon a secret paradise.

  • Global Markets

    Belize’s bondholders have formed a creditors committee out of concern that the Central American country will become the next sovereign to default on its debts, the Financial Times reports.

  • Contrary to popular belief, not all American citizens are required to move to Boca Raton when they retire. Sure, the climate is heavenly, the ocean water is alluring and the shoreline could hardly be more inviting. However, it’s not cheap, as the presence of  will attest, and the simple fact is that not all retirees have the means to live someplace like this.With this in mind,  a publication devoted to showing that “you can live better, for less, overseas,” just released its  By weighing such fa

    International Living just released its Retirement Index for 2012, which determines foreign destinations offering retirees a high standard of living at a low price. CNBC.com highlights 10 of them.

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    Congress passed three long-awaited free trade agreements on Wednesday, ending a political standoff that has stretched across two presidencies, the New York Times reports.

  • As emerging markets lose favor, now is a "great entry point," James Paulsen, chief investment strategist at Wells Capital Management, told CNBC.com on Thursday.