Central America
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Will Landers, BlackRock, explains why he believes investment prospects remain positive south of the border.
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*Brazil central bank eases export financing rules. *Brazil real up 0.17 pct, Mexico peso gains 0.36 pct. The Mexican peso gained after data out on Tuesday showed consumer confidence in Mexico rose for the second month in a row in November, bolstering bets that the global slowdown is not weighing too heavily on Latin America's No. 2 economy.
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MUMBAI, Dec 5- Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue.
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LONDON, Dec 5- Companies should get more involved with university courses to close a skills gap and ease graduates' path to employment, according to a report on Wednesday.
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*Brazil central bank eases export financing rules. *Brazil real up 0.4 pct, Mexico peso gains 0.2 pct.
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*Labeling program ruled unfair to Canada, Mexico meat. The WTO ruled on June 29 that the U.S. country-of-origin labeling program, known as COOL, unfairly discriminated against Canada and Mexico because it gave less favorable treatment to beef and pork imported from those countries, which brought the case, than to U.S. meat.
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*Kansas City Southern railroad leading charge. Over the past five years, Kansas City Southern has spent about $300 million to lay roughly 90 miles of new track in Texas, buy and update terminals in Mexico and make other network upgrades.
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Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.
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Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six just three years ago.
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MEXICO CITY, Dec 3- U.S. anti-virus software guru John McAfee said on Monday he has left the Caribbean country of Belize where police want to question him in connection with a neighbor's murder, and will not turn himself in. "I am not in Belize.
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*Brazil central bank calls swap, dollar auctions to support real. *Brazil real up 0.51 pct, Mexico peso edges down 0.25 pct. Brazil has been deploying an array of policies such as tax and energy price cuts in a bid to spur growth. "
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LOS ANGELES, Dec 3- Freighters with no place to unload cargo lined up at anchorages off Los Angeles and Long Beach for a seventh day on Monday as shippers and striking clerks resumed talks to end a labor dispute that has idled most of America's biggest container port complex.
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SAN FRANCISCO, Dec 3- Yahoo Inc believes it has "numerous" grounds to appeal a Mexico City civil court's $2.7 billion preliminary judgment against the company, including both errors in procedure and in application of law, a person familiar with the matter told Reuters on Monday.
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MEXICO CITY, Dec 3- U.S. anti-virus software guru John McAfee said on Monday he has left the tropical paradise of Belize, where police want to question him in connection with his neighbor's murder. McAfee says he believes authorities in Belize would kill him if he turned himself in for questioning.
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LOS ANGELES, Dec 3- Freighters with no place to unload their cargo lined up at anchorages off Los Angeles and Long Beach for a seventh day on Monday as shippers and striking clerks resumed talks to end a labor dispute that has idled most of America's biggest container port complex.
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DETROIT, Dec 3- Ford Motor Co is still working on a remedy for a defect that raises the risk of an engine fire in almost 90,000 just-launched Escape and Fusion models, an executive at the second-largest U.S. automaker said on Monday.
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LONDON, Dec 3- HSBC said its strategy and planning boss John Flint is to take over as head of retail banking and wealth management next year to replace veteran banker Paul Thurston, who is retiring. Flint, 44, joined HSBC in 1989 and has worked in Hong Kong, Singapore, Indonesia, Thailand, India, Bahrain, the United States and Britain.
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LONDON, Nov 30- The big "known unknowns", to borrow from former U.S. defence secretary Donald Rumsfeld, are now so familiar to most global investors that they have to think long and hard about risks looming in 2013.. And a glance at the election calendar for next year- with polls in Italy, Germany, Israel and Iran- shows there's no shortage of "event risks".
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LOS ANGELES, Dec 1- A strike by clerical workers at the twin ports of Los Angeles and Long Beach idled most of the busiest U.S. cargo shipping complex for a fifth day on Saturday as container-laden vessels waited to be unloaded and marathon contract talks stretched into the night.
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MEXICO CITY, Dec 1- Mexico's new president, Enrique Pena Nieto, said on Saturday he would propose a balanced budget for 2013..
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MEXICO CITY, Nov 30- Mexico's incoming president, Enrique Pena Nieto, picked close allies on Friday to head the finance and interior ministries as he seeks to craft economic reforms and reduce drug violence in Latin America's second-biggest economy.