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  • MEXICO CITY, May 21- Mexico's government on Thursday slashed its economic growth forecast to between 2.2 to 3.2 percent this year after data showed the economy grew at its slowest pace in over a year undermined by flagging oil revenue and weak U.S. growth. "The U.S. economy is expected to recover its dynamism during the year, which will strengthen Mexico's non-oil...

  • May 20- Oilfield services provider Halliburton Co and contract driller Transocean Ltd said they have settled all claims with BP Plc related to the 2010 Gulf of Mexico oil spill. Halliburton, which did the cementing work for BP's well, had earlier blamed BP's decision to use only six centralizers for the blowout that spilled millions of barrels of oil for 87 days.

  • May 20- U.S. oilfield services provider Halliburton Co said it has reached an agreement with BP Plc to resolve issues related to the Gulf of Mexico oil spill in 2010.. The company said the agreement includes the dismissal of all claims against each other related to the spill. Halliburton said in September it reached a $1.1 billion settlement for a majority of...

  • DETROIT, May 20- Takata Corp said on Wednesday it plans to boost production of parts needed to replace potentially deadly air bag inflators that could spray vehicle occupants with metal shards. Takata's air bag inflators have been found to explode with too much force, spraying metal fragment inside cars and have forced automakers to recall more than 53 million...

  • DETROIT, May 20- Takata Corp said on Wednesday it has boosted plans for production of replacement air bag inflators needed for recalled cars in which the potentially deadly part could spray occupants with metal shards. A spokesman for the Japanese air bag maker said the supplier will boost output to 1 million inflators a month by September, an increase of...

  • Mexico's central bank lowers growth forecast Tuesday, 19 May 2015 | 6:07 PM ET

    MEXICO CITY— Mexico's central bank has lowered the country's economic growth forecast for the remainder of the year due to a variety of factors including falling oil production. The bank said in a report Tuesday that it expects Mexico's gross domestic product to increase between 2 percent and 3 percent, down from the previous forecast of between 2.5 percent...

  • COCACHACRA, Peru— A Mexican-owned mining company has proposed a 60- day halt in its huge copper mining project in southern Peru following nearly two months of escalating protests in which three people have been killed and more than 200 injured. Southern Copper Corp. President Oscar Gonzalez said in a statement Friday that the "pause" would let all sides air...

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • SAN QUINTIN, Mexico, May 15- Huddled around a single flickering candle in a tiny wood and cardboard shack on scrubland in Mexico's northwest, laborer Genaro Perfecto and his family prepared to bed down for the night on a bare earth floor. Since March, thousands of day laborers have blocked roads, staged marches and held meetings with lawmakers to protest the grind...

  • MEXICO CITY— Mexican farmworkers fighting low wages and poor working conditions in the border state of Baja California have reached an agreement with the government and their employers. Daily wages will go from 100 pesos to 200 pesos, workers will be added to the social security system and they will be allowed to unionize, according to a statement issued by...

  • *Mexico motorway business weighs on results. MADRID, May 13- Spanish infrastructure group OHL posted an 18.7 percent drop in first-quarter net profit on Wednesday, hit by a lower contribution from its motorway business in Mexico where the firm is investigating allegations about overcharging the government. This sent group net profit down to 49.1 million...

  • *Mexico motorway business weighs on results. MADRID, May 13- Spanish infrastructure group OHL posted an 18.7 percent drop in first-quarter net profit on Wednesday, hit by a lower contribution from its motorway business in Mexico where the firm is investigating allegations about overcharging the government. This sent group net profit down to 49.1 million...

  • DIARY- Emerging Markets Economic Events to May 26 Tuesday, 12 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • MEXICO CITY, May 12- The next round of contracts in Mexico's opening of its oil and natural gas industry should bring in about $620 million in investment in the first five years, Energy Minister Pedro Joaquin Coldwell said on Tuesday. The 25- year contracts could be extended for two additional periods of five years each, Joaquin Coldwell said at an event in Mexico...

  • INSIGHT-Germany turns on its top gunmaker Tuesday, 12 May 2015 | 8:09 AM ET

    OBERNDORF, Germany, May 12- In the lush forests of southern Germany sits a fenced-in compound of drab white buildings that house a company under siege. But lately, the mood in Berlin has shifted. Last year, Berlin reversed course on arms exports following a storm of media criticism.

  • DIARY- Emerging Markets Economic Events to May 25 Monday, 11 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • MEXICO CITY— Mexico has announced the opening of bidding for oil and gas drilling rights in 26 areas, the latest in a sweeping oil reform that allows participation of foreign companies. The National Hydrocarbons Commission approved the auction for the land-based areas in five states in southern and northern Mexico, which together could yield 35,000 barrels...

  • DIARY- Emerging Markets Economic Events to May 21 Thursday, 7 May 2015 | 8:02 PM ET

    BUCHAREST- Romania central bank Governor Mugur Isarescu presents the quarterly inflation report. LUSAKA- Bank of Zambia announces interest rate decision. ACCRA- Central bank of Ghana holds monetary policy meeting.

  • Bird flu epidemic is bad—and getting worse Wednesday, 6 May 2015 | 2:31 PM ET
    The worst bird flu outbreak in U.S. history is taking a toll on the turkey industry.

    Layoffs have begun in the poultry industry as thousands more birds are being slaughtered.

  • May 5- Mexican conglomerate Alfa Sab de CV and Harbor Energy Ltd have agreed to acquire Canadian oil and gas company Pacific Rubiales Energy Corp for C $6 billion, including debt, a person familiar with the matter said on Tuesday. Toronto- listed Pacific Rubiales, whose shares also trade in Colombia, suspended trade in its Bogota shares on Tuesday afternoon after...