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Nicaragua's congress has passed bill granting a little-known Chinese tycoon the exclusive right to develop a multibillion-dollar rival to the Panama Canal.
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MEXICO CITY/ MONTERREY, Feb 7- Mexico's Cemex, the giant cement company that has been struggling to turn around its debt-laden business since the U.S. housing crisis, said weak sales in Europe offset a pickup in its U.S. business and led it to report a wider-than-expected fourth-quarter loss.
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*Monthly inflation highest since April 2005. SAO PAULO, Feb 7- Brazil's inflation accelerated to the fastest rate in nearly eight years in January, raising bets of an interest rate hike this year which could complicate the government's campaign to revive a near-stagnant economy.
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*Sells most of China operations; drops Brazil, Mexico and Turkey. Feb 7- Online recruitment company Monster Worldwide Inc reported a quarterly loss and said it had exited its businesses in Brazil, Mexico and Turkey, as it continues to pursue a sale of the full company.
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SAO PAULO, Feb 7- Brazil's inflation rose more than expected in January at the fastest rate in nearly eight years, piling pressure on the government as it struggles to revive economic growth. The country's benchmark IPCA consumer price index rose 0.86 percent in January, the highest monthly reading since April 2005, government data showed on Thursday.
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MEXICO CITY/ MONTERREY, Feb 7- Mexico's Cemex, one of the world's biggest cement companies, on Thursday reported a wider-than-expected fourth-quarter loss. The Monterrey- based company reported a loss of $489 million in the fourth quarter, compared with $761 million a year earlier. Analysts on average expected a loss of $47 million, according to a Reuters survey.
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MEXICO CITY/ MONTERREY, Feb 7- Mexico's Cemex, the giant cement company that has been struggling to turn around its debt-laden business since the U.S. housing crisis, said weak sales in Europe offset a pickup in its U.S. business and led it to report a wider-than-expected fourth-quarter loss.
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NEW YORK, Feb 6- Laws restricting exports of U.S. crude oil could cap the recent surge in domestic output, the executive director of the International Energy Agency wrote in the Financial Times on Wednesday.
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*Says structural change was biggest in HSBC's history. LONDON, Feb 6- HSBC's was forced into its biggest restructuring in almost 150 years because the bank's complex structure and wide geographical spread had made it attractive to criminals, its chief executive said.
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LONDON, Feb 6- HSBC's biggest ever restructuring had been necessary to simplify the bank's complex structure and wide geographical spread which had made it attractive to money-laundering criminals, its Chief Executive said.
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WASHINGTON, Feb 5- The first major U.S. immigration reform effort since 1986 came under attack on Tuesday from congressional Republicans who cast doubt on a proposal backed by President Barack Obama to give 11 million illegal immigrants a chance to become citizens.
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SINGAPORE, Feb 5- Weakness in the global economy will persist for years and emerging markets may face an exodus of capital when major economies begin to reverse accommodative monetary policy, Mexico's central bank governor Agustin Carstens said on Tuesday.
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WASHINGTON, Feb 4- A senior U.S. official said on Monday he was optimistic progress can be made on a number of trade fronts in President Barack Obama's second term, but declined to say whether he was on a short list to be the next U.S.
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WASHINGTON, Feb 4- President Barack Obama will seek to build momentum for U.S. immigration reform this week ahead of his State of the Union address which is expected to challenge Republicans to take up an overhaul amid an increasingly contentious debate in Washington.
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The flurry of activity, including new moves in Congress, comes amid disagreement between the Democratic president and Republicans over the question of citizenship for illegal immigrants, an obstacle that could make it hard to reach a final deal on sweeping legislation.
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SAN JUAN IXHUATEPEC, Mexico, Feb 4- As Mexico waits for news of what caused a deadly blast at the headquarters of state oil giant Pemex last week, survivors of the worst explosion in the company's history three decades ago still wonder what exactly happened then and what became of their friends.
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The flurry of activity, including new moves in Congress, comes amid disagreement between the Democratic president and Republicans over the question of citizenship for illegal immigrants, an obstacle that could make it hard to reach a final deal on sweeping legislation.
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MEXICO CITY, Feb 3- Mexican rescue workers found three more bodies over the weekend amid the rubble of a deadly blast that tore through state oil firm Pemex's main office complex, the government said, as search efforts appeared to near a close.
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*Opportunity for Pena Nieto to show a more transparent PRI. MEXICO CITY, Feb 3- A deadly blast at Mexican state oil firm Pemex's headquarters is the first key test of new President Pena Nieto's promise that his party has broken with a past of shady cover-ups, and if handled properly, could help him overhaul the lumbering giant.
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The draft agreement substantially raises the minimum "reference" price at which Mexican tomatoes can be sold in the United States and accounts for changes that have occurred in the tomato market since the original agreement, Sanchez said.
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WASHINGTON, Feb 2- The U.S. government and Mexican tomato growers reached a tentative agreement on Saturday that reduces the threat of a costly trade war stemming from a U.S. decision last year to pull out of a 1996 bilateral tomato trade pact.
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An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
Tuesday, 18 Jun 2013 | 12:47 PM ETSupply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.