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  • NEW YORK— Published reports are saying that Ford plans to build a new auto plant in Mexico, with plans to rev up production there. According to The Wall Street Journal, Ford plans to build a new assembly complex in San Luis Potosi and expand an existing facility near Mexico City. The move reflects how Mexico has become an attractive place for global carmakers.

  • Students take part in a rally against President Nicolas Maduro's government in Caracas on Nov. 21, 2015.

    Markets are bracing themselves for the prospect of a calamitous debt default in Venezuela, which may be worse than Argentina's 2001 crisis.

  • MEXICO CITY— A Mexican court has issued an injunction blocking further work on a real estate project in the Caribbean coast resort of Cancun that activists say has almost killed a mangrove swamp at the site. But environmentalist Araceli Dominguez expressed hope after the order was announced Wednesday that the mangrove can be recovered now that a court has...

  • MONTERREY/MEXICO CITY, Feb 4- Mexico's Cemex on Thursday set ambitious asset sales and debt-cutting targets and reported a surprise fourth-quarter profit, triggering a rally in its beaten-down shares. Cemex, which plans to sell a further $1 billion to $1.5 billion in assets and cut debt by $2 billion by the end of next year, has been reaping rewards from a...

  • Once-stalled border bridge dedicated near El Paso Thursday, 4 Feb 2016 | 1:05 AM ET

    TORNILLO, Texas— An international bridge over the Rio Grande near El Paso opened for the first time Thursday after years of construction delays, giving officials hope it would be a boon for Texas- Mexico border commerce. In remarks, Pena Nieto noted incendiary remarks by some U.S. conservatives about security along the U.S.- Mexico border. Homeland Security...

  • MEXICO CITY— A Mexican court has issued an injunction blocking further work on a real estate project in the Caribbean coast resort of Cancun that activists say has almost killed a mangrove swamp at the site. But environmentalist Araceli Dominguez expressed hope after the order was announced Wednesday that the mangrove can be recovered now that a court has...

  • SAN FRANCISCO— Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can save her own job. The long-anticipated purge, announced Tuesday, will jettison about 15 percent of Yahoo's workforce along with an assortment of services that Mayer decided aren't worth the time and...

  • Remittances were up 4.75 percent from 2014 when they totaled $23.6 billion, the Bank of Mexico said. Analysts pointed to slumping global prices for oil, which earned Mexico $23.4 billion in 2015, and improved economic conditions in the United States, home to more than 11 million Mexicans and the source of nearly all Mexico's remittances. "There is an advance in...

  • Oil has fallen from $107 to around $30 in the past 19 months. Furious production by the U.S. and OPEC led to an oversupply. In a recent research note, Goldman Sachs predicted "the path to a rebalanced market will be protracted and arduous."

  • Feb 2- U.S. natural gas futures were trading down over 6 percent for a second day in a row early Tuesday on forecasts for warmer than normal weather for the rest of the winter that is expected to keep heating demand light. Front-month gas futures on the New York Mercantile Exchange fell 14.5 cents, or 6.74 percent, to $2.007 per million British thermal units at...

  • Feb 1- U.S. natural gas were trading down over 5 percent early Monday on forecasts for warmer weather over the next two weeks that should reduce heating demand. After ending up over 5 percent on Friday, front-month gas futures on the New York Mercantile Exchange fell 12.1 cents, or 5.27 percent, to $2.177 per million British thermal units at 8:35 a.m. EST.

  • Jan 29- U.S. natural gas futures climbed up 5 percent early Friday in a short covering rally on forecasts for colder weather through the middle of February that should boost heating demand. After trading within a few cents of unchanged for eight days in a row, front-month gas futures on the New York Mercantile Exchange rose 10.9 cents to $2.291 per million British...

  • MEXICO CITY, Jan 28- Mexico's ICA has filed a criminal complaint against employees of Deutsche Bank in a bid to prevent the bank from seizing the collateral for a now-defaulted loan to the embattled construction firm, according to three sources close to the matter and a document reviewed by Reuters. But in a previously unreported counterstrike, ICA subsidiary...

  • Jan 28- U.S. natural gas futures pared losses on Thursday after a government report of a slightly bigger-than-expected storage draw countered forecasts for warmer-than-normal weather through mid-February. The U.S. Energy Information Administration said utilities pulled 211 billion cubic feet of gas out of storage during the week ended Jan. 22, the biggest...

  • Jan 28- U.S. natural gas futures fell more than 3 percent early Thursday on forecasts for warmer-than-normal weather through mid-February as the market awaits a federal storage report expected to show a big draw. After rising for six days in a row, front-month gas futures on the New York Mercantile Exchange were down 7.8 cents, or 3.6 percent, at $2.111 per million...

  • U.S. natgas futures edge higher on cooler forecasts Wednesday, 27 Jan 2016 | 8:28 AM ET

    On its last day as the front-month, February futures on the New York Mercantile Exchange were up 2.9 cents, or 1.33 percent, to $2.209 per million British thermal units at 8:15 a.m. EST. The March contract, which will soon be the front month, was also up early Wednesday, gaining 2.1 cents to $2.179. "Unless the weather remains cold for an extended period of time, it is...

  • MEXICO CITY, Jan 26- Mexico's peso currency should strengthen as soon as international markets start to shrug off current concerns over risk-taking, Finance Minister Luis Videgaray said on Tuesday. "Once this moment of great aversion to risk and uncertainty in the markets begins to dissipate, the peso will surely regain its value," Videgaray told reporters in...

  • Jan 26- Airlines, hotels and cruise operators serving Latin America and the Caribbean are facing growing concern among travelers who had planned to visit countries potentially affected by Zika after the World Health Organization warned the virus is likely to spread to most of the Americas. Canada and Chile are the only countries in the Americas the virus is...

  • Cramer: Where oil will bottom in 2016 Monday, 25 Jan 2016 | 6:57 PM ET
    An oil rigger at a Schlumberger field prepares pipes in Midland, Texas.

    Jim Cramer was shocked by the commentary of Schlumberger on Friday, and it changed his entire opinion on where oil will bottom now.

  • After edging up 2 percent last week, front-month gas futures on the New York Mercantile Exchange were down 4.9 cents, or 2.29 percent, to $2.09 per million British thermal units at 9:01 a.m. EST. After cities from Washington to New York were buried under more than two feet of snow over the weekend, both the U.S. and European weather models pointed to...