MEXICO CITY, Dec 19- Mexico's state oil company Pemex is renegotiating service contracts worth hundreds of millions of dollars in a drive to cut costs as it grapples with falling crude prices, its chief executive said. Mexico's main crude export mix is worth even less, trading around $51 a barrel on Friday, while Pemex's average production costs are about $22 per...» Read More
Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments.
With the latest round of talks to wrap up the Trans-Pacific Partnership (TPP) underway in Singapore, Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce, discusses the factors behind the delay in sealing the pact.
Tech veterans Kara Swisher and Walt Mossberg of Revere Digital discuss the launch of "Re/code," a reincarnation of "All Things D." Re/code also signed a content agreement with NBC News group to partner on technology coverage.
Tami Overby, Vice President, Asia, US Chamber of Commerce explains why Japan's move to join the TPP negotiations is a win-win for both Washington and Tokyo.
As maritime piracy, or 'maritime mugging,' keeps evolving, shipping firms are not leaving anything to chance. CNBC's Sri Jegarajah reports from the International Maritime Defense Exhibition and Conference.