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
*Multinationals from China performed badly, India on top. *India's Tata Communications got top marks overall.
MEXICO CITY, Oct 16- America Movil, the phone company controlled by billionaire Carlos Slim, on Wednesday said it would not go ahead with a plan to boost its stake in KPN, and has not yet decided whether to keep its current position in the Dutch telecom company.
MEXICO CITY, Oct 16- America Movil, the phone company controlled by billionaire Carlos Slim, said it would not go ahead with a plan to boost its stake in KPN after the Dutch telecom's foundation blocked the Mexican company's bid. America Movil had accumulated nearly 30 percent of KPN's stock and it was not clear what would happen with that.
TLAXCALA, Mexico, Oct 16- Mexican assembly plants have put expansion plans on ice pending a tax overhaul that threatens their perks, but low wages and proximity to the United States should deter any mass exodus to manufacturing rivals like China.
MEXICO CITY, Oct 16- Mexico dairy producer Lala's stock soared in its market debut on Wednesday, jumping more than 10 percent before easing in the latest in a record number of public offerings on the local market.
MEXICO CITY, Oct 15- Fiscal policy and politics risk undermining the efforts of central bankers to revive the global economy, top central bank officials warned on Tuesday, as a potentially devastating debt default loomed in the United States. While there was progress in talks, a deal was still far off, the White House said.
MEXICO CITY, Oct 15- Fiscal policy and politics risk undermining central bankers' efforts to revive the global economy, top central bank officials warned on Tuesday, as a potentially devastating debt default loomed in the United States. While there was progress in talks, a deal was still far off, the White House said.
MEXICO CITY, Oct 15- Unconventional monetary policy poses a small risk to central bank independence but a far larger threat comes from fiscal authorities if they insist on policies that harm the economy, a senior U.S.
DAEGU, South Korea, Oct 15- Mexico is producing 2.55 million barrels per day of crude oil and output is expected to rise further by the end of this year, state-run oil monopoly Pemex said on Tuesday. "Mexico has reversed the decline and now we are trending up in terms of production," Director General of Pemex Emilio Lozoya told Reuters in an interview.
WASHINGTON, Oct 14- Federal Reserve Chairman Ben Bernanke on Monday praised Mexico's central bank for reining in inflation and keeping financial crises at bay. "The improved monetary policy framework, together with other reforms, has thus far helped reduce Mexico's susceptibility to financial crises."
Central bankers in several advanced economies have opened a space for their governments to implement fiscal, financial and regulatory reforms that should be seized, Carstens told central bankers from Europe, the Americas and Asia gathered at a forum in Mexico City on Monday.
MEXICO CITY, Oct 14- Tropical Storm Octave drew closer to Mexico's Baja California peninsula on Monday, weakening slightly on its approach. The storm, about 175 miles south of the town of Cabo San Lazaro on the peninsula's western coast, was traveling north at about 13 miles per hour, Miami's National Hurricane Center said in its latest advisory.
MEXICO CITY, Oct 13- Tropical Storm Octave strengthened south of Mexico's Baja California peninsula on Sunday. The storm, about 315 miles south of the peninsula's tip, was traveling north-northwest at about 13 miles per hour, Miami's National Hurricane Center said. There were no hazards affecting land, according to the NHC advisory sent at 2100 GMT.
MEXICO CITY, Oct 13- Tropical Storm Octave formed south of Mexico's Baja California peninsula early Sunday morning. The storm, about 350 miles south of the peninsula's tip, was traveling northwest at about 14 miles per hour, Miami's National Hurricane Center said. There were no hazards affecting land, according to the NHC advisory sent at 1500 GMT.
DETROIT, Oct 10- Volkswagen AG's top executives are divided over whether and how workers at the company's Tennessee assembly plant should be represented by a union, but ultimately will insist on a formal vote by those employees, a person with knowledge of the board's thinking said.
*Says works council important to securing more work at Chattanooga. BERLIN, Oct 7- Volkswagen's top labour leader lent weight on Monday to efforts by U.S. union UAW to represent workers at the German company's U.S. plant, an issue that has raised hackles among some U.S. politicians and other critics of UAW.
MEXICO CITY, Oct 4- After years in Brazil's shadow, Mexico's stock market is enjoying a listings boom, fueled by hopes of economic reforms and strong demand from pension funds breathing life into a long-stagnant market.
MEXICO CITY, Oct 2- Brazilian conglomerate Odebrecht has an $8.1 billion investment plan to expand in Mexico's petrochemical and infrastructure sectors, the chief executive of its Mexican business said on Wednesday. Mexican President Enrique Pena Nieto's office said on Wednesday that Odebrecht plans to spend $8.1 billion in Mexico over five years.
MEXICO CITY, Sept 28- Mexico's proposed budget deficit goals for this year and 2014 will not be affected by some of the worst storm damage in decades, the Finance Ministry said on Saturday.
MEXICO CITY, Sept 25- Mexico's Congress will consider spending 2.75 billion pesos to help coffee farmers hit by a major outbreak of leaf rust and falling prices, a senior lawmaker said on Wednesday.