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  • April 14- Ford Motor Co on Friday will announce an investment of about $2.5 billion in Mexico, industry sources said, the latest multibillion-dollar outlay in the country's booming auto sector. The U.S. automaker will announce the investment in Mexico City on Friday to celebrate the 90th anniversary of its presence in Mexico. Ford announced its last major...

  • Alamos Gold, AuRico Gold merging in $1.5B deal Monday, 13 Apr 2015 | 8:21 AM ET
    A mine worker displays a large ingot of gold during the refining process at the Loulo-Gounkoto gold mine complex operated by Randgold Resources Ltd. in Loulo, Mali, Nov. 1, 2013.

    Canadian gold mining companies Alamos Gold and AuRico Gold are merging in a deal valued at approximately $1.5 billion.

  • April 9- Alcoholic beverage maker Constellation Brands Inc forecast a profit for the fiscal year ending February that was largely in line with analysts' estimates and said it would spend more than $1 billion this year to expand its beer business. The company said it would spend about $1.05- $1.15 billion on its beer business, primarily to expand capacity in its...

  • *China factory capacity seen up to 100,000 cars per year. TOKYO, April 3- Japan's Toyota Motor Corp will spend about 150 billion yen to build two new car plants in Mexico and China, two people familiar with plans said, ending a three-year freeze imposed after unchecked growth lumbered the world's biggest auto maker with too many idle production lines.

  • MEXICO CITY, April 2- Japanese car giant Toyota Motor Corp is planning two new factories in Mexico and China, at a cost of 150 billion yen, Nikkei reported on Thursday. The Mexican plant will be based in the central state of Guanajuato, and have a capacity of 200,000 cars a year, Nikkei said, adding that it would build a new version of the Corolla sedan for the North...

  • MEXICO CITY, April 1- At least four people died after a fire broke out on a Pemex oil processing platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 workers, the Mexican state-run oil company said. The fire, which burned throughout the day, erupted overnight on the Abkatun Permanente platform in the oil-rich Bay of Campeche.

  • MEXICO CITY, April 1- At least four people died after a fire broke out on an oil processing platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 workers, Mexican state-run oil company Pemex said. The fire, which burned throughout the day, erupted overnight on the Abkatun Permanente platform in the oil-rich Bay of Campeche.

  • MEXICO CITY, April 1- At least four people died after a fire broke out on an oil platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 workers, Mexican state-run oil company Pemex said. Local emergency services said as many as 45 people were injured in the blaze, which erupted overnight on the Abkatun Permanente platform in the oil-rich...

  • MEXICO CITY, April 1- Mexican state-run oil company Pemex said at least four people died after a fire broke out on a production platform in the Gulf of Mexico early on Wednesday, sparking the evacuation of around 300 workers. Local emergency services said as many as 45 people were injured in the blaze, which erupted overnight on the Abkatun Permanente platform in...

  • MEXICO CITY, April 1- Mexican state-run oil company Pemex said at least four people died after a fire broke out on a production platform in the Gulf of Mexico early on Wednesday, sparking the evacuation of around 300 workers. Local emergency services said as many as 45 people were injured in the blaze, which erupted overnight on the Abkatun Permanente platform in...

  • First-quarter deal-making activity was more robust in Mexico than anywhere else in Latin America for only the second time in a decade. Thomson Reuters data shows the value of announced mergers and acquisitions in Mexico reached $8.64 billion, above Brazil's $8.51 billion. Illustrating how the tables have turned, $13.93 billion worth of M&A deals were...

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan to the United Nations ahead of a climate summit in Paris in December. After 2026, Mexico greenhouse gas emissions would become decoupled from economic growth, leading to a 40 percent...

  • *Southern Copper CEO, Grupo Mexico say Tia Maria going ahead. *Southern Copper shares down 5.6 pct. LIMA, March 27- Conflicting statements about whether Southern Copper Corp would cancel development of its $1.4 billion Tia Maria copper mine in Peru's Arequipa region have battered the company's share price and left investors wondering about the project's...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the United Nations ahead of a key climate summit in Paris in December. The White House praised Mexico for being the first major emerging economy to submit its national strategy to the...

  • That far outstrips an estimate given late last year of 42-52 tonnes, after Mexican gold and silver miner Fresnillo said it was hedging 47 tonnes of output over five years. In their quarterly Global Hedge Book Analysis, Societe Generale and GFMS analysts at Thomson Reuters said the bulk of the rise in the global gold hedge book last year was driven by Fresnillo and...

  • March 25- BlackRock Inc, the world's largest asset manager, is looking to invest in infrastructure projects in Mexico, according to sources familiar with the situation. As Mexico has opened up to foreign capital in recent years, BlackRock's infrastructure investment group sees an opportunity and is setting up a team of specialists to work out of its Mexico City...

  • DIARY-Emerging Markets Economic Events to April 6 Monday, 23 Mar 2015 | 8:02 PM ET

    MAKATI CITY, Philippines- Asian Development Bank to release Asian Development Outlook Report 2015- 0130 GMT. MANILA- Philippines Investment Forum 2015. Philippines President Benigno S Aquino III, Philippines Finance Secretary Cesar Purisima and Philippines Central Bank Amando M Tetangco Jr are the key speakers. PRAGUE- Czech Republic Finance Minister...

  • MEXICO CITY, March 23- General Motors Co will build its next-generation Chevrolet Cruze small car in Mexico, the company said on Monday. It is the first time the Cruze will be made in Mexico, according to a GM spokeswoman in Mexico, and production will be mainly for the domestic market. The Cruze is currently imported to Mexico from GM's plant in South Korea, she said.

  • TOKYO/ MEXICO CITY, March 22- Toyota Motor is finalising plans for its first passenger car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter. Toyoda last year asked planners scouting for a site in Mexico to hit' pause' and review the rationale for the project, executives familiar...