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  • Spain urges Cuba to up pace of economic reforms Tuesday, 25 Nov 2014 | 6:53 PM ET

    HAVANA— Spain's foreign minister urged Cuba on Tuesday to accelerate economic reforms designed to expand private enterprise and attract foreign investment to the communist-run island. Foreign Minister Jose Manuel Garcia-Margallo's two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose...

  • US warns citizens to avoid resort of Acapulco Friday, 21 Nov 2014 | 9:18 PM ET

    MEXICO CITY— The U.S. Embassy in Mexico issued a security message Friday warning U.S. citizens to avoid the Pacific resort of Acapulco because of violence and protests. In yet another blow to a coastal city once favored by U.S. movie stars and jet-setters in the 1950 s and' 60 s, the embassy said its personnel "have been instructed to defer non-essential travel to...

  • MEXICO CITY, Nov 21- Mexico's finance ministry. The weak data is the latest blow to President Enrique Pena Nieto, who faces rising protests over the apparent massacre of 43 trainee teachers as well as a conflict-of-interest scandal over a lucrative rail contract. Latin America's No. 2 economy has struggled to recover after shrinking last year in the second...

  • MEXICO CITY, Nov 21- Mexico's economy grew unexpectedly slowly in the third quarter due to weakness in domestic demand and uneven industrial output which have dragged on a recovery that is now also threatened by rising social unrest. The weak data is the latest blow to President Enrique Pena Nieto, who faces rising protests over the apparent massacre of 43...

  • MEXICO CITY, Nov 20- The leaders of Mexico's fourth largest bank Banorte resigned on Wednesday after a power struggle, and the board named a new chairman who analysts believe could push through a merger with a smaller Mexican bank. Grupo Financiero Banorte said on Thursday that its chairman and chief executive had resigned. "The changes determined by the board...

  • Nicaragua: Studies say canal impact to be minimal Thursday, 20 Nov 2014 | 4:21 PM ET

    MANAGUA, Nicaragua— Officials said Thursday that studies have determined a $40 billion inter-oceanic canal across Nicaragua will have minimal impact on the environment and society, and construction is to begin next month. Work will start Dec. 22 as planned with a port on the country's southern Pacific coast, said Zhu Xiaoya, an official with China's HKND Group,...

  • The latest on air bag recalls, with cars involved Thursday, 20 Nov 2014 | 2:09 PM ET

    Automakers have recalled 8 million vehicles in the U.S. to fix a problem with air bags made by Takata Corp. The air bags can explode with too much force, sending shards of metal into the passenger compartments. Boundaries of the recalls vary, but generally they include Florida, Puerto Rico, Guam, Saipan, American Samoa, the U.S. Virgin Islands, Hawaii and "limited areas...

  • DETROIT, Nov 19- Takata plans to shift production of BMW air bag inflators from Mexico to Germany, the automaker said on Wednesday in a filing with U.S. safety regulators who have been probing questions about the quality of manufacturing at the plant. Automakers that use the Takata inflators, including Toyota Motor Corp, warned that it was not feasible to switch to...

  • Spirit Airlines seeks to add 10 stops from Houston Friday, 14 Nov 2014 | 6:11 PM ET

    HOUSTON— Spirit Airlines Inc. said Friday it plans to add 10 new routes from Houston next year, which would nearly double its destinations from Bush Intercontinental Airport. Spirit is seeking foreign government approval to begin flights in May to Cancun, Los Cabos and Mexico City; Managua, Nicaragua; San Jose, Costa Rica; San Pedro Sula, Honduras; and San Salvador,...

  • UPDATE 1-Mexico finmin sees economic impact from unrest Thursday, 13 Nov 2014 | 5:15 PM ET

    MEXICO CITY, Nov 13- Mexican Finance Minister Luis Videgaray on Thursday said that there would likely be some impact on Latin America's No. 2 economy from protests over the apparent massacre of 43 students abducted by police seven weeks ago. Anger has deepened since the government said last week that evidence suggests the 43 trainee teachers missing since Sept....

  • MEXICO CITY, Nov 13- Mexico's Energy Minister Pedro Joaquin Coldwell and Saudi Arabian Oil Minister Ali al-Naimi have held talks in which both agreed that all efforts should be made to stabilize international oil markets, Mexico's government said on Thursday. Mexico's energy ministry issued a brief statement summing up the participation of the officials at...

  • Mexico: Violent protests hit Acapulco's tourism Thursday, 13 Nov 2014 | 12:41 AM ET

    MEXICO CITY— Mexico's president has tried to keep the issue of violence issue separate from his focus on the economy, but the two are converging as violent protests over 43 disappeared students squelch tourism in Acapulco just before a major holiday weekend. Acapulco hotel occupancy rates are currently at 20 percent, well short of the 85 percent expected for...

  • ACAPULCO, Nov 12- Saudi Arabia, the world's top oil exporter, will double its natural gas output by 2030 but plans to keep all of it at home to fuel domestic growth, the country's oil minister said on Wednesday. "Within the next decade, Saudi Arabia will more than double its gas production," the country's oil minister Ali al-Naimi told a gathering of energy ministers and...

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia Oil Minister Ali al-Naimi broke months of silence on Wednesday to reaffirm the kingdom's longstanding policy of seeking stable global markets, dismissing talk of a "price war" but offering no insight on his response to tumbling crude prices. "Talk of a price war is a sign of misunderstanding, deliberate or otherwise, and has no...

  • TOKYO/ DETROIT, Nov 12- Takata Corp has modified the composition of an air bag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters. A Takata official, who did not want to be named but spoke on behalf of the company, did not specify how the recipe has changed, but said ammonium nitrate remained a...

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia Oil Minister Ali al-Naimi broke months of silence to reaffirm the kingdom's longstanding policy of seeking stable global markets on Wednesday, dismissing talk of a "price war" but offering no insight on his response to tumbling crude prices. He made no mention of position ahead of a pivotal meeting of the Organization of the...

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia wants stable oil markets and prices and talk of an oil price war is a sign of misunderstanding and has no basis in reality, Saudi Oil Minister Ali al-Naimi said during a visit to Mexico on Wednesday. Naimi said that Saudi oil policy has been stable for decades and is not changing today, and that Saudi Arabia was doing its best with...

  • ACAPULCO- SAUDI OIL MIN NAIMI SAYS WANTS STABLE OIL MARKETS AND STEADY PRICES.

  • ACAPULCO- SAUDI OIL MIN NAIMI SAYS STEADY PRICES GOOD FOR CONSUMERS AND INVESTORS, HELPS LONG TERM ECONOMIC GROWTH.

  • ACAPULCO- SAUDI OIL MIN NAIMI SAYS SAUDI MARKETING PROCEDURES TAKE INTO ACCOUNT HOST OF SCIENTIFIC, PRACTICAL FACTORS, INCLUDING STATE OF MARKET.