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  • TOKYO, Nov 28- Honda Motor and Mazda Motor may have to recall another 200,000 cars in Japan to replace Takata Corp air bags if Takata complies with a U.S. order to recall cars across the United States rather than just in humid regions. Several automakers in the U.S. have issued regional recalls of certain models to investigate what is causing some Takata air bags to...

  • Private firms filling Latin America's security gap Thursday, 27 Nov 2014 | 12:01 AM ET

    Men claiming to be with the notorious Gulf Cartel had stopped a convoy transporting chemicals through a lawless region of northeastern Mexico. The phone chatter and chirping two-way radios sounded like a police dispatch, but this was the emergency response room of International Private Security, a Mexico- based company that helps clients like PepsiCo, Audi...

  • Spain urges Cuba to up pace of economic reforms Tuesday, 25 Nov 2014 | 6:53 PM ET

    HAVANA— Spain's foreign minister urged Cuba on Tuesday to accelerate economic reforms designed to expand private enterprise and attract foreign investment to the communist-run island. Foreign Minister Jose Manuel Garcia-Margallo's two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose...

  • US warns citizens to avoid resort of Acapulco Friday, 21 Nov 2014 | 9:18 PM ET

    MEXICO CITY— The U.S. Embassy in Mexico issued a security message Friday warning U.S. citizens to avoid the Pacific resort of Acapulco because of violence and protests. In yet another blow to a coastal city once favored by U.S. movie stars and jet-setters in the 1950 s and' 60 s, the embassy said its personnel "have been instructed to defer non-essential travel to...

  • MEXICO CITY, Nov 21- Mexico's finance ministry. The weak data is the latest blow to President Enrique Pena Nieto, who faces rising protests over the apparent massacre of 43 trainee teachers as well as a conflict-of-interest scandal over a lucrative rail contract. Latin America's No. 2 economy has struggled to recover after shrinking last year in the second...

  • MEXICO CITY, Nov 21- Mexico's economy grew unexpectedly slowly in the third quarter due to weakness in domestic demand and uneven industrial output which have dragged on a recovery that is now also threatened by rising social unrest. The weak data is the latest blow to President Enrique Pena Nieto, who faces rising protests over the apparent massacre of 43...

  • MEXICO CITY, Nov 20- The leaders of Mexico's fourth largest bank Banorte resigned on Wednesday after a power struggle, and the board named a new chairman who analysts believe could push through a merger with a smaller Mexican bank. Grupo Financiero Banorte said on Thursday that its chairman and chief executive had resigned. "The changes determined by the board...

  • The latest on air bag recalls, with cars involved Thursday, 20 Nov 2014 | 2:09 PM ET

    Automakers have recalled 8 million vehicles in the U.S. to fix a problem with air bags made by Takata Corp. The air bags can explode with too much force, sending shards of metal into the passenger compartments. Boundaries of the recalls vary, but generally they include Florida, Puerto Rico, Guam, Saipan, American Samoa, the U.S. Virgin Islands, Hawaii and "limited areas...

  • DETROIT, Nov 19- Takata plans to shift production of BMW air bag inflators from Mexico to Germany, the automaker said on Wednesday in a filing with U.S. safety regulators who have been probing questions about the quality of manufacturing at the plant. Automakers that use the Takata inflators, including Toyota Motor Corp, warned that it was not feasible to switch to...

  • Mexico's First Lady to sell controversial mansion     Wednesday, 19 Nov 2014 | 7:53 AM ET

    CNBC's Michelle Caruso-Cabrera has the latest details on the Mexican mansion scandal.

  • Mystery Mexican mansion     Monday, 17 Nov 2014 | 1:27 PM ET

    CNBC's Michelle Caruso-Cabrera shares an update on the scandal involving Mexico's First Lady and her homes.

  • UPDATE 1-Mexico finmin sees economic impact from unrest Thursday, 13 Nov 2014 | 5:15 PM ET

    MEXICO CITY, Nov 13- Mexican Finance Minister Luis Videgaray on Thursday said that there would likely be some impact on Latin America's No. 2 economy from protests over the apparent massacre of 43 students abducted by police seven weeks ago. Anger has deepened since the government said last week that evidence suggests the 43 trainee teachers missing since Sept....

  • MEXICO CITY, Nov 13- Mexico's Energy Minister Pedro Joaquin Coldwell and Saudi Arabian Oil Minister Ali al-Naimi have held talks in which both agreed that all efforts should be made to stabilize international oil markets, Mexico's government said on Thursday. Mexico's energy ministry issued a brief statement summing up the participation of the officials at...

  • ACAPULCO, Nov 12- Saudi Arabia, the world's top oil exporter, will double its natural gas output by 2030 but plans to keep all of it at home to fuel domestic growth, the country's oil minister said on Wednesday. "Within the next decade, Saudi Arabia will more than double its gas production," the country's oil minister Ali al-Naimi told a gathering of energy ministers and...

  • Mansion-gate: Mexican leader hit by house scandal Wednesday, 12 Nov 2014 | 3:42 PM ET
    Mexico's President Enrique Pena Nieto

    A scandal is engulfing Mexico's president, but it's not likely to disrupt energy auctions scheduled for next year.

  • Scandal engulfs Mexican president     Wednesday, 12 Nov 2014 | 1:16 PM ET

    There are a lot of questions surfacing about a multi-million dollar mansion and its ties to Mexico's president and a construction company that won the contract to build Mexico's first high-speed train. CNBC's Michelle Caruso-Cabrera reports the latest details.

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia Oil Minister Ali al-Naimi broke months of silence on Wednesday to reaffirm the kingdom's longstanding policy of seeking stable global markets, dismissing talk of a "price war" but offering no insight on his response to tumbling crude prices. "Talk of a price war is a sign of misunderstanding, deliberate or otherwise, and has no...

  • TOKYO/ DETROIT, Nov 12- Takata Corp has modified the composition of an air bag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters. A Takata official, who did not want to be named but spoke on behalf of the company, did not specify how the recipe has changed, but said ammonium nitrate remained a...

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia Oil Minister Ali al-Naimi broke months of silence to reaffirm the kingdom's longstanding policy of seeking stable global markets on Wednesday, dismissing talk of a "price war" but offering no insight on his response to tumbling crude prices. He made no mention of position ahead of a pivotal meeting of the Organization of the...

  • ACAPULCO, Mexico, Nov 12- Saudi Arabia wants stable oil markets and prices and talk of an oil price war is a sign of misunderstanding and has no basis in reality, Saudi Oil Minister Ali al-Naimi said during a visit to Mexico on Wednesday. Naimi said that Saudi oil policy has been stable for decades and is not changing today, and that Saudi Arabia was doing its best with...