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Will Landers, BlackRock, explains why he believes investment prospects remain positive south of the border.
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MEXICO CITY, May 8- Mexico's overhaul of banking laws removes the single biggest obstacle for small and medium businesses to obtain loans by making it easier for banks to seize assets put up as collateral, Finance Minister Luis Videgaray said.
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MEXICO CITY, May 8- Despite having some of the world's biggest shale gas reserves, Mexico imports about a third of its gas needs and, in the absence of major reform, risks further dependence on outside energy supplies, the country's energy minister said Wednesday.
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MEXICO CITY-- A natural gas tanker truck lost control, hit a center divider and exploded on a highway lined by homes in the Mexico City suburb of Ecatepec early Tuesday, killing at least 22 people and injuring nearly three dozen, authorities said.
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Frontier, a subsidiary of Indianapolis- based Republic Airways Holdings Inc., flies to more than 75 destinations in the U.S., Mexico, Costa Rica and the Caribbean. It operates a hub in Denver, where it competes against United Airlines and Southwest Airlines. Republic shares fell 2 cents to $11.57 in afternoon trading.
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MEXICO CITY, May 7- The family that holds a large stake in Mexican homebuilder Homex has been selling shares to meet margin calls on loans, according to a U.S. regulatory filing. The De Nicolas family's stake in the company shrank to 22.57 percent on May 3 from 27.53 percent last month, according to a filing with the U.S. Securities and Exchange Commission.
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*Brazil becomes first BRICS nation to head WTO. GENEVA, May 7- Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from the BRICS club of emerging economies to take the job.
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MEXICO CITY, May 7- The family that holds a large stake in struggling Mexican homebuilder Homex has been selling shares to meet margin calls on loans, according to a U.S. regulatory filing. The De Nicolas family's stake in the company shrank to 22.57 percent on May 3 from 27.53 percent last month, according to a filing with the U.S. Securities and Exchange Commission.
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MEXICO CITY, May 7- Mexico's main opposition parties said on Tuesday they would resume talks on sweeping reforms with the government, lifting a cloud over a cross-party pact that is the axis of President Enrique Pena Nieto's economic agenda.
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BRASILIA, May 7- Roberto Azevedo, picked on Tuesday to head the World Trade Organization, is in every respect the quintessential Brazilian diplomat: a well-spoken, competent and smooth negotiator with a knack for wooing adversaries into his corner.
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GENEVA, May 7- Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from the BRIC club of emerging economies to take the job.
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MEXICO CITY, May 7- Mexico's main opposition parties said on Tuesday they would restart talks with the government on economic reforms after last month accusing the ruling Institutional Revolutionary Party of trying to buy votes in a local election.
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GENEVA, May 7- Roberto Azevedo, a Brazilian trade diplomat, will be the next head of the World Trade Organization, a diplomatic source said on Tuesday after the results of the contest to succeed France's Pascal Lamy were given in a confidential meeting.
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**ARUBA NETWORKS INC, $17.18, down 22 pct. **RUCKUS WIRELESS INC, $14.51, down 23 pct. **MERU NETWORKS, $4.25, down 10 pct.
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*EIA sees 2013 gas output at record high for third year. May 7- The U.S. Energy Information Administration on Tuesday raised its estimate for domestic natural gas production in 2013, expecting output this year to be up about 1 percent from 2012' s record high levels.
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**ARUBA NETWORKS INC, $17.83, down 19 pct. **RUCKUS WIRELESS INC, $14.88, down 22 pct. **MERU NETWORKS, $4.19, down 11 PCT.
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*Diageo seeks further emerging markets expansion. LONDON, May 7- Diageo named Ivan Menezes as chief executive on Tuesday, turning to an Indian-born company insider whose role in the British drinks firm's push into emerging markets points to where it sees its future.
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May 7- OfficeMax Inc reported a lower-than-expected quarterly profit on Tuesday, hurt by continued weak sales of technology products and fewer shoppers visiting its stores, although it announced a special dividend of $1.50 per share.
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**ARUBA NETWORKS INC, $17.83, down 19 pct. **RUCKUS WIRELESS INC, $14.88, down 22 pct. **MERU NETWORKS, $4.19, down 11 PCT.
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TOKYO, May 7- Japan's Nikkei average is expected to rise sharply on Tuesday as markets reopen after an extended holiday, possibly breaking above 14,000 for the first time since June 2008, after last week's strong U.S. jobs data eased concerns over the pace of recovery in the world's largest economy.
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TOKYO, May 7- Japan's Nikkei average is expected to rise sharply on Tuesday as markets reopen after an extended holiday, possibly breaking above 14,000 for the first time since June 2008, after last week's strong U.S. jobs data eased concerns over the pace of recovery in the world's largest economy.