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  • First-quarter deal-making activity was more robust in Mexico than anywhere else in Latin America for only the second time in a decade. Thomson Reuters data shows the value of announced mergers and acquisitions in Mexico reached $8.64 billion, above Brazil's $8.51 billion. Illustrating how the tables have turned, $13.93 billion worth of M&A deals were...

  • Mexican oil rig burns off coast, 1 dead Wednesday, 1 Apr 2015 | 11:52 AM ET

    MEXICO CITY— A fire that broke out Wednesday at a shallow-water oil platform in the Gulf of Mexico has killed one worker and injured 16, Mexico's state-owned oil company said. Petroleos Mexicanos said in a statement that two of the injured workers were in serious condition. The dead worker was an employee of a Pemex contractor, Cotemar.

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • Mexican growers offer 15 pct in Baja farm strike Monday, 30 Mar 2015 | 2:49 PM ET

    MEXICO CITY— Export-oriented commercial farms in Mexico's Baja California state say they have offered farm workers a 15- percent wage increase to end a two-week-old strike. The Baja California state government said that thousands of workers had returned to the berry and vegetable fields, and that production had been resumed on 85 to 90 percent of farm...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan to the United Nations ahead of a climate summit in Paris in December. After 2026, Mexico greenhouse gas emissions would become decoupled from economic growth, leading to a 40 percent...

  • *Southern Copper CEO, Grupo Mexico say Tia Maria going ahead. *Southern Copper shares down 5.6 pct. LIMA, March 27- Conflicting statements about whether Southern Copper Corp would cancel development of its $1.4 billion Tia Maria copper mine in Peru's Arequipa region have battered the company's share price and left investors wondering about the project's...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the United Nations ahead of a key climate summit in Paris in December. The White House praised Mexico for being the first major emerging economy to submit its national strategy to the...

  • That far outstrips an estimate given late last year of 42-52 tonnes, after Mexican gold and silver miner Fresnillo said it was hedging 47 tonnes of output over five years. In their quarterly Global Hedge Book Analysis, Societe Generale and GFMS analysts at Thomson Reuters said the bulk of the rise in the global gold hedge book last year was driven by Fresnillo and...

  • MEXICO CITY— Mexico's state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 percent stake in a natural gas pipeline in exchange for $900 million. The Los Ramones pipeline will transport natural gas from Texas to Mexico and is intended to facilitate imports of cheap U.S. gas and lower Mexico's high commercial...

  • March 25- BlackRock Inc, the world's largest asset manager, is looking to invest in infrastructure projects in Mexico, according to sources familiar with the situation. As Mexico has opened up to foreign capital in recent years, BlackRock's infrastructure investment group sees an opportunity and is setting up a team of specialists to work out of its Mexico City...

  • Mexico says arson at US company linked to extortion Wednesday, 25 Mar 2015 | 2:40 PM ET

    MEXICO CITY— An arson attack on a subsidiary of a U.S. energy-services firm was part of an extortion attempt, prosecutors in southern Mexico said Wednesday. The attorney general in the Gulf coast state of Tabasco, Fernando Valenzuela, said five attackers forced their way into the company's yard and burned three trucks. The company whose compound was attacked was...

  • Mexico's Baja farmworkers strike for better conditions Tuesday, 24 Mar 2015 | 2:15 PM ET

    SAN QUINTIN, Mexico— Workers at large, export-oriented farms in the Mexican border state of Baja California have led a week of violent protests over low pay, abuses and poor conditions, threatening a harvest that supplies millions of dollars worth of tomatoes, strawberries and other crops to the United States. Many of the workers are migrants from southern...

  • DIARY-Emerging Markets Economic Events to April 6 Monday, 23 Mar 2015 | 8:02 PM ET

    MAKATI CITY, Philippines- Asian Development Bank to release Asian Development Outlook Report 2015- 0130 GMT. MANILA- Philippines Investment Forum 2015. Philippines President Benigno S Aquino III, Philippines Finance Secretary Cesar Purisima and Philippines Central Bank Amando M Tetangco Jr are the key speakers. PRAGUE- Czech Republic Finance Minister...

  • MEXICO CITY, March 23- General Motors Co will build its next-generation Chevrolet Cruze small car in Mexico, the company said on Monday. It is the first time the Cruze will be made in Mexico, according to a GM spokeswoman in Mexico, and production will be mainly for the domestic market. The Cruze is currently imported to Mexico from GM's plant in South Korea, she said.

  • TOKYO/ MEXICO CITY, March 22- Toyota Motor is finalising plans for its first passenger car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter. Toyoda last year asked planners scouting for a site in Mexico to hit' pause' and review the rationale for the project, executives familiar...

  • Mexico mining groups says 3 kidnapped miners were slain Thursday, 19 Mar 2015 | 8:10 PM ET

    MEXICO CITY— A Mexican mining industry group says three miners were killed earlier this month in the southern state of Guerrero. The three employees of the Los Filos gold mine in the mountains of Guerrero had been reported kidnapped. The Mexican Mining Chamber said Thursday that the killings "disturb the healthy development of the mining industry in Guerrero."

  • Economic downturn pushes Brazilians into informal economy Thursday, 19 Mar 2015 | 11:12 AM ET

    BRASILIA, March 19- Mounting job losses are pushing more and more Brazilians into the informal economy as self-employed workers, leaving them vulnerable to what could be the country's worst recession in 25 years. Self-employed workers, most of them earning no more than about $450 a month, now represent 19.5 percent of employees in Brazil's main cities- the...

  • MEXICO CITY, March 18- Mexican Finance Minister Luis Videgaray said on Wednesday he does not expect the recent plunge in oil prices to be temporary and that Mexico's public finances will face major difficulties next year as a result. Mexico is a major oil exporter and the drop in crude prices has pushed its peso currency to record lows, leading it to slow the pace of...

  • In an interview, Vazquez Aldir acknowledged the threat posed to free-to-air TV by new technologies including Netflix, and said the company might at some point follow in the footsteps of Televisa, by looking to move into the more lucrative telecoms market. Vazquez Aldir said he had not spoken with Slim or any other telecom companies. Grupo Imagen expects to...

  • Cramer: Forget oil—crash hasn't happened & won't Wednesday, 11 Mar 2015 | 6:46 PM ET
    A worker for Raven Drilling, helps line up a pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

    Jim Cramer advises that the big crash for oil hasn't happened and won't because of these three things.