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  • MEXICO CITY, Nov 11- Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world's richest man. The youngest, deeply Catholic Patrick, part-financed a film about the 1920 s Cristero War, which...

  • MERIDA, Mexico, Nov 6- After standing by Communist Cuba in its years of international isolation, Mexico welcomed Cuban President Raul Castro on Friday as it seeks to turn Havana's thawing relations with the United States into a major business opportunity on the island. Following Pena Nieto's words closely, Castro praised Mexico for its solidarity during the...

  • For the first time since Washington and Havana announced a historic rapprochement last December, Cuban President Raul Castro will on Friday visit Mexico, a country eager to stake its claim as Cuba's principal bridge to Latin America. Castro will meet his Mexican counterpart President Enrique Pena Nieto in the picturesque colonial-era city of Merida just a...

  • *Lower commodity prices to hurt South Africa's rand. JOHANNESBURG/ BRASILIA, Nov 5- Emerging market currencies are likely to return to record lows in 2016, a Reuters poll predicted on Thursday, although a recent respite may last for a few more months if the Federal Reserve passes on a December interest rate rise, which many now expect. Currencies in Brazil, Turkey...

  • West Texas Intermediate crude as part of a historic oil swap with the United States, a top company executive said on Friday. Pemex said earlier this week it had received a year-long license from the United States to import U.S. light crude in exchange for exports of Mexico's heavier crude oil. The swap will mark the first time in decades that Mexico's aging...

  • Oct 30- Fiat Chrysler Automobiles NV said it was recalling nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems. The car maker said it would recall about 13,411 vehicles in Canada, 6,277 in Mexico and 48,212 outside the NAFTA region to fix the same problem. The car maker also said it would recall about...

  • Oct 30- Fiat Chrysler Automobiles NV said it is recalling about 284,089 older-model SUVs in the United States due to inadvertent airbag deployment. Fiat said the affected vehicles- certain model-year 2003 Jeep Liberty SUVs and 2004 Jeep Grand Cherokees- are not equipped with Takata Corp airbags. The car maker also said it will recall about 13,411 vehicles in...

  • Toronto Transit to sue Bombardier over delayed streetcars Wednesday, 28 Oct 2015 | 6:04 PM ET

    TORONTO, Oct 28- The Toronto Transit Commission plans to sue Bombardier Inc to recoup at least C $50 million in costs associated with the delayed delivery of new streetcars, a spokesman said on Wednesday. The Montreal- based plane and train maker's chief executive has also been summoned to explain its failures at the transit authority's November meeting.

  • *Latvia, Estonia governors see no need for Dec action. By John O'Donnell and Michelle Martin. RIGA/ BERLIN, Oct 28- The European Central Bank will keep printing money until price growth picks up and has a duty to use all instruments in its toolbox, including a deposit rate cut, to achieve its inflation target, three key ECB policy-makers said.

  • *Latvia, Estonia governors see no need for Dec action. RIGA/ TALLINN, Oct 28- The European Central Bank has a duty to use all instruments in its toolbox to achieve its inflation target and may cut its deposit rate further if price growth is slower than expected, two key ECB policy-makers said. ECB executive board member Benoit Coeure said in Mexico City overnight that...

  • MEXICO CITY- ECB EXECUTIVE BOARD MEMBER COEURE SAYS TOOLS CENTRAL BANK USES WILL DEPEND ON WHAT SHOCKS IT'S SEEING, WHETHER LIQUIDITY OR INTEREST RATES.

  • MEXICO CITY, Oct 27- State-owned China Communications Construction Company reached a preliminary accord on Tuesday to build an industrial park in Mexico that could become one of the biggest-ever Chinese investments in Latin America's second-largest economy. The government of the western state of Jalisco and Liu Yueping, Americas chief of CCCC, signed a...

  • MEXICO CITY, Oct 27- Mexico's national oil company Pemex said on Tuesday that an alkylation plant at its smallest refinery has been shut following detection of a gas leak, adding the refinery was operating normally. The company said in a statement that the plant at the Ciudad Madero refinery located in northern Tamaulipas state has been isolated to attend to the...

  • MEXICO CITY, Oct 27- A major state-owned Chinese company has struck a preliminary deal to develop an industrial park in western Mexico that could be one of China's biggest-ever investments in Latin America's second largest economy, Mexican officials said. Speaking on condition of anonymity, the officials said the two sides had undertaken to carry out a...

  • DIARY-Emerging Markets Economic Events to Nov 4 Monday, 26 Oct 2015 | 8:02 PM ET

    MEXICO CITY- European Central Bank board member Benoit Coeure at Instituto Tecnologico Autonomo de Mexico- 2200 GMT. MAKATI CITY, Philippines- Central bank of Philippines Governor Amando Tetangco to speak at Asia-Pacific Financial Inclusion Summit- 0100 GMT. SEOUL- Bank of Korea Governor Lee Ju-yeol will chair a central bank meeting over recent economic...

  • COSTA CAREYES, Mexico, Oct 26- Mexico may have dodged a bullet from the fury of Hurricane Patricia, but jet setters like Bill Gates, Gwyneth Paltrow and Cindy Crawford will have to find a new playground for now after the storm ravaged some of the world's most exclusive holiday homes. Patricia, packing 165 MPH winds, carved a swathe through relatively remote parts of...

  • MADRID, Oct 26- Mexico's stock market regulator is studying possible sanctions against a unit of Spanish construction group OHL after video recordings released earlier this year purportedly showed executives discussing overcharging on a government contract. According to OHL, CNBV said the company's Mexican unit did not follow proper accounting and...

  • MADRID, Oct 26- Mexico's stock market regulator is studying possible sanctions against the local unit of Spanish construction group OHL, the company said late on Sunday, after video recordings released earlier this year allegedly showed executives discussing overcharging on a contract. According to OHL, CNBV said the company's Mexican unit did not follow...

  • CHAMELA, Mexico, Oct 24- Hurricane Patricia caused less damage than feared on Mexico's Pacific coast on Saturday, but hammered an isolated part of the shoreline dotted with luxury villas and fishing villages, where the storm and its 165 mph winds landed. There were no early reports of deaths and it appeared major damage was averted as Patricia missed tourist...

  • MEXICO CITY, Oct 24- The major Mexican cargo port of Manzanillo was set to reopen at 4 pm on Saturday, a port official said, after avoiding the worst of Hurricane Patricia, which slammed into the country's Pacific coast but caused less damage than expected. The port of Lazaro Cardenas, south of where the storm hit, resumed operations for cargo ships on Saturday...