BP plans to separate its onshore U.S. assets into a new wholly owned business to improve the competitiveness of its shale gas portfolio there.» Read More
LONDON, Feb 26- Mexico has granted precious metals miner Fresnillo a new explosives permit, allowing it to resume operations at one of its gold mines, the company said on Wednesday.
The neighborhood has created heartache for its residents, but it is also disappointing for Citigroup Inc, which helped finance Desarrolladora Homex, the site's developer and once Mexico's second-largest homebuilder. And some banking analysts say they fear the loan losses could be a taste of further emerging market credit losses to come for Citigroup.
TOKYO, Feb 22- Honda Motor Co is considering diversifying its all-Japanese, all-male board by appointing a foreigner and could move as early as Monday, when it unveils its next slate of directors, sources close to the company said.
WASHINGTON, Feb 19- A Nebraska court on Wednesday voided the governor's decision to allow the Keystone XL pipeline to pass through the Midwestern state, creating another snag for the controversial project to link Canada's oil sands with refineries in Texas.
MEXICO CITY, Feb 19- Emerging market currencies weakened on Wednesday after minutes from the last U.S. Meanwhile, Ukraine's bond prices fell as more violence hit Kiev, while mounting unrest in Venezuela drove the price of its credit default swaps to near five-year highs.
WASHINGTON/ MEXICO CITY, Feb 17- North America's three leaders will discuss a controversial pipeline project that would transport Canadian crude deep into the United States at a trade summit this week, Mexico's top diplomat said on Monday, adding he does not see it as a competitive threat.
CHATTANOOGA, Tenn., Feb 14- Workers at Volkswagen AG's plant in Chattanooga, Tennessee, had just a few hours left on Friday to cast their ballots in a vote that could decide whether the once-powerful United Auto Workers union will gain a foothold in the foreign-owned auto industry that has sprung up in the American South.
TORONTO, Feb 12- Mexico's Grupo Bimbo will buy Canada Bread Company for C $1.83 billion in cash, allowing the Canadian company's parent Maple Leaf Foods to focus on its meat products business, Canada Bread said on Wednesday.
MEXICO CITY, Feb 11 (Reuters)- America Movil, Latin America's biggest phone company controlled by billionaire businessman Carlos Slim, on Tuesday reported a better-than-expected quarterly profit, helped by a drop in taxes and a slight pick-up in revenue.
AMATITAN, Mexico, Feb 11- An expected surge in Chinese demand should boost Mexico's tequila exports by 20 percent within a decade, according to the regulator of the country's signature cactus-based liquor, and producers are gearing up for a boom.
BOGOTA, Feb 10- Heads of state from South America's Pacific Alliance, comprising of Chile, Colombia, Mexico, and Peru signed a deal on Monday that will scrap nine-tenths of tariffs on goods and services traded between them.
Rapid growth, a manufacturing boom and foreign involvement are boosting Mexico's economy, Finance Minister Luis Videgaray told CNBC.
Luis Videgaray, Mexico's finance minister, tells CNBC's Kelly Evans the Federal Reserve's tapering is a sign of the U.S. economic strength, which will help fuel Mexico's economy.
MEXICO CITY, Feb 6- Mexico's Cemex, one of the world's biggest cement companies, reported a smaller fourth-quarter loss on Thursday as it hiked prices and cement sales picked up in its foreign markets.
MEXICO CITY, Feb 6- Mexico's Cemex, one of the world's biggest cement companies, reported a smaller fourth-quarter loss on Thursday as cement sales picked up in its foreign markets. The Monterrey- based company said its loss had narrowed to $255 million from $494 million in the year-earlier quarter.
MEXICO CITY, Feb 6- Mexico's Cemex, one of the world's biggest cement companies, reported a smaller fourth-quarter loss on Thursday.
MEXICO CITY, Feb 5- Mexico became only the second country in Latin America to earn a coveted "A" grade sovereign rating after Moody's upgraded it on Wednesday, citing major economic reforms that President Enrique Pena Nieto has pushed through Congress.
MEXICO CITY, Feb 5- British companies recognize the security threats posed by Mexico's drug violence but are more focused on opportunities in a batch of economic reforms in Latin America's No.2 economy, Britain's visiting deputy prime minister said on Wednesday.
Rodolfo Martell, director and portfolio manager at BlackRock, says the Fed tapering is a "tough medicine to swallow" for emerging markets but it forces them to take "necessary steps" to correct imbalances.
*Fresnillo says confident will win court case. LONDON, Jan 28- Mexican miner Fresnillo said it expects to win a court case in the coming days which would be a step towards lifting a ban on explosives at one of its gold mines that has paralysed production.