East Coast cities are upgrading their ports to attract larger ships going through an expanded Panama Canal. But there's some doubt it will pay off.» Read More
TEGUCIGALPA, Nov 24- Honduras faces a stark choice in Sunday's election between a tough militarized response to drug gang violence fueling the world's highest murder rate, and a swing to the left that could revive the political career of deposed leader Manuel Zelaya.
BARCELONA, Nov 21- Spanish telecom group Telefonica on Thursday said it is open to mergers, acquisitions and deals to share networks in Mexico, where it lags far behind former monopoly and arch-rival America Movil.
MEXICO CITY, Nov 20- The chief executive of Mexico's state-run oil monopoly Pemex on Wednesday criticized the compensation paid to the chairman of Spain's Repsol as excessive, amid a tussle over the handling of a dispute involving Argentina.
VIENNA, Nov 14- America Movil does not plan a hostile takeover bid for Telekom Austria following its failed attempt to buy Dutch company KPN, its chief executive said. But CEO Daniel Hajj said America Movil had not acquired its stake a year ago in order to mount a takeover and saw itself as a stable partner of fellow large shareholder Austria.
MADRID, Nov 14- Mexican frozen food company Sigma Alimentos has launched a 695 million euro takeover bid for Spanish meat processor Campofrio at a price analysts said could tempt its leading shareholder to sell.
AGUASCALIENTES, Mexico, Nov 12- Japan's Nissan Motor Co Ltd will be producing 1 million cars in Mexico by 2016, cementing Mexico's position as export hub for Nissan in the Americas, Chief Executive Carlos Ghosn told Reuters on Tuesday as he inaugurated a $2 billion plant.
MEXICO CITY, Nov 12- After pioneering the cultivation of corn thousands of years ago, Mexico must overcome the weight of history to give the go-ahead to allow genetically modified strains into its fields.
MEXICO CITY, Nov 11- Mexico's new telecommunications watchdog said on Monday it may identify this month which companies dominate the local market, likely paving the way for tougher regulation against telecom company America Movil and broadcaster Televisa.
DETROIT, Nov 7- Tesla Motor Inc's Model S electric car has suffered its third fire in six weeks. The accident occurred in Smyrna, Tennessee, where Nissan Motor Co makes the Leaf electric car. The Tennessee Highway Patrol said the incident occurred on Interstate 24 in Smyrna around 1:30 pm.
DETROIT, Nov 7- Tesla Motor Inc's Model S electric car has suffered its third fire in six weeks. The Tesla Motors Club website is running pictures and a story about another fire involving a Model S on Wednesday afternoon that a company spokeswoman confirmed.
GUATEMALA CITY, Nov 4- Guatemala has withdrawn from the Venezuelan-led Petrocaribe oil alliance after the Central American nation failed to negotiate favorable rates for purchases and financing, a vice-presidential spokesperson said on Monday.
NEW YORK, Nov 1- Nasdaq OMX Group Inc closed its second-largest options market for much of Friday after a spike in volume hampered the exchange's ability to accept orders and distribute quotes, the latest glitch to hit U.S. market operators.
MEXICO CITY, Oct 30- Thousands of people were evacuated in western Mexico on Wednesday morning after thieves tapping a pipeline run by state oil monopoly Pemex caused a major gasoline leak.
MEXICO CITY, Oct 30- Saddled with a tax rate of almost 100 percent, Mexican state oil company Pemex hands over so much cash to the government that it has only a fraction of the money it needs to invest in production and exploration.
NEW YORK, Oct 29- The World Federation of Exchanges, the trade association for the operators of regulated financial exchanges, said on Tuesday it will move its headquarters to London from Paris by year-end to help it better engage with the global financial community.
VANCOUVER/ TORONTO, Oct 24- Goldcorp Inc raised its cost estimate for building a gold mine at its Cerro Negro site in Argentina by up to a third on Thursday, and said production at the project, which is one of the company's three big mining developments, would be delayed.
MEXICO CITY/ MONTERREY, Oct 24- Mexico's Cemex, one of the world's biggest cement companies, reported a wider-than-expected quarterly loss on Thursday as taxes increased, but sales picked up, especially in the United States, sparking a nearly 4 percent jump in its shares.
MEXICO CITY, Oct 24- Mexico's Cemex, one of the world's biggest cement companies, reported a wider-than-expected quarterly loss on Thursday as taxes and financial expenses increased. The Monterrey- based company posted a third-quarter loss of $155 million, compared with analysts' average forecast of a loss of $22 million, according to a Reuters survey.
MEXICO CITY, Oct 24- Mexico's Cemex, one of the world's biggest cement companies, reported a smaller third-quarter loss on Thursday. The Monterrey- based company said its loss had narrowed to $155 million from $203 million a year earlier.
MEXICO CITY, Oct 23- Mexico's ruling Institutional Revolutionary Party is ready to support an opposition proposal to increase a planned tax on junk food included in the government's fiscal reform, the PRI's leader in the Senate said on Wednesday.