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  • MEXICO CITY/ DETROIT/ TOKYO, Oct 18- Manufacturing problems with Takata Corp air bags go beyond what the Tokyo- based company has disclosed to U.S. safety regulators about why the devices are at risk of exploding with dangerous force, according to internal company documents reviewed by Reuters. Takata has cooperated with an investigation begun in June by...

  • MEXICO CITY/ MONTERREY Oct 17- Mexico's biggest retailer, Wal-Mart de Mexico, on Friday said Chief Executive Scot Rank would step down after five years and that the head of Wal-Mart Latin America would take on a bigger role in the Mexico and Central America business. The change in leadership comes almost two years after a New York Times investigation that alleged...

  • CARACAS, Oct 15- After three weeks trapped inside their home, Natalie Pereira and her family made a final decision: they must leave Venezuela. Pereira, a 33- year-old dentist now living in Texas, is not alone in making that decision. Having largely but unsuccessfully voted against socialist leader Hugo Chavez during his 14- year presidency, they hoped for a change...

  • Mexican activist slain during radio broadcast Tuesday, 14 Oct 2014 | 6:56 AM ET

    MEXICO CITY— Two gunmen shoved their way into a radio studio and opened fire on a local activist, killing him while he was broadcasting, prosecutors in the Mexican state of Sinaloa said. Roman Tirado was a leader of about 800 families demanding compensation for being displaced by the Picachos dam. Ontiveros said Roman Tirado focused on the land dispute and other...

  • MEXICO CITY, Oct 13- The Mexican peso could hold its value or even strengthen against the U.S. dollar on the back of a raft of domestic economic reforms and the country's close ties to the United States, Mexico's central bank chief Agustin Carstens said. But strong economic fundamentals in Mexico should help shore up Mexico's peso, Carstens told Mexican newspaper...

  • UPDATE 5-Bolivia's Morales claims re-election victory Monday, 13 Oct 2014 | 12:02 AM ET

    *He dedicates win to Cuba's Fidel Castro. LA PAZ, Oct 12- Bolivian President Evo Morales declared a landslide re-election victory on Sunday, hailing it as a triumph for socialist reforms that have cut poverty and vastly expanded the state's role in the booming economy. A prominent member of the bloc of socialist and anti-U.S. leaders in Latin America, Morales...

  • NEW YORK/ JAYAQUE, El Salvador, Oct 10- Deer now roam and weeds flourish on deserted farmland in El Salvador where Julio Portillo used to grow arabica coffee beans until a devastating leaf rust fungus forced him to abandon coffee this year for the first time in more than two decades. Even when he struggled through low prices or bad weather in the past, the farmer who...

  • CARTAGENA, Oct 8- Colombia's benchmark interest rate is approaching a neutral level and there is little reason to alter it, central bank board member Carlos Gustavo Cano said on Wednesday, adding there is room to cut the rate again if necessary. I don't see reasons for that, "Cano told reporters at a business conference in Cartagena. The bank began a tightening cycle...

  • Fact sheet: 2015 Honda Fit Wednesday, 8 Oct 2014 | 11:28 AM ET

    2015 Honda Fit EX-L Navi. BASE PRICE: $15,525 for LX manual; $16,325 for LX CVT; $17,435 for EX manual; $18,235 for EX CVT; $19,800 for EX-L; $20,800 for EX-L with navigation. TYPE: Front-engine, front-wheel drive, five-passenger, small hatchback.

  • In January, Mexico said it had launched a probe of 270 companies, with a focus on seven, for allegedly exploiting legal tax loopholes that have leaked income out of Mexico for years. Reuters reported last month that the world's largest household products maker, Procter& Gamble, and No. 2 toymaker, Hasbro, were at the heart of the probe, which could cost the firms...

  • Oct 7- Billionaire Carlos Slim said on Tuesday that America Movil is trying to sell assets from Mexico's west Coast and the border with the United States, not just the east coast, as part of a previously announced divestiture. Bloomberg reported in September that America Movil, Latin America's biggest telecommunications company, could unload infrastructure...

  • Oct 2- Constellation Brands Inc on Thursday said that it was expanding capacity at its brewery in Mexico to increase its share of the market for import beers in the United States. The company will acquire from Anheuser-Busch InBev. a glass production plant in Nava, Mexico for $300 million, pending approval from regulators. Last year, as part of ABInBev's...

  • The company, which sells Corona and Modelo beer in the United States, said net income fell to $196 million, or 98 cents per share, in the second quarter ended Aug. 31 from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev.

  • Net income was $196 million, or 98 cents per share, for the second quarter ended Aug. 31, down from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev. It said it would acquire a glass plant and associated warehouse, land and...

  • New dawn for Mexican steel puts Brazil in the shade Tuesday, 23 Sep 2014 | 11:23 AM ET

    MEXICO CITY/ RIO DE JANEIRO, Sept 23- Mexico is emerging as the preferred choice for investors in Latin American steel making as a landmark energy reform and exposure to a U.S. recovery help outshine regional rival Brazil, where the gloom of recession has taken hold.

  • MEXICO CITY, Sept 19- One of Mexico's richest men has resigned from broadcaster Televisa's board over a potential conflict of interest because he wants to acquire his own television network, the company said on Friday.

  • Primero reports underground fatality at Mexico mine Friday, 19 Sep 2014 | 1:59 PM ET

    TORONTO, Sept 19- Canadian precious metals miner Primero Mining Corp said on Friday an employee of one of its contractors was killed in an isolated underground accident at its flagship San Dimas mine in Mexico on Thursday night.

  • FedEx units to raise shipping rates from January Tuesday, 16 Sep 2014 | 5:34 PM ET

    Sept 16- FedEx Corp, the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. The rate change applies to FedEx freight shipments within the United States, Canada and Mexico as well as between the U.S. and Canada and between the U.S. and Mexico, FedEx said.

  • *Japan production capacity at 28- year low. TOKYO, Sept 17- Mazda Motor Corp has returned to profit as the falling yen has rewarded the carmaker's export-heavy strategy. "Companies are not that interested in expanding capacity in Japan," said Kaori Yamato, senior economist at Mizuho Research Institute.

  • MEXICO CITY, Sept 16- Tropical storm Polo could become a hurricane off Mexico's Pacific Coast on Thursday the U.S. National Hurricane Center said on Tuesday. On Tuesday morning Polo was about 275 miles south of Mexico's famous beach resort of Acapulco and moving in a northwest direction at 12 miles per hour, the NHC said.