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  • MEXICO CITY, Nov 24- A fire broke out at Mexico's biggest oil refinery on Tuesday and some staff were evacuated, a spokesman for state-run oil company Pemex said, the latest in a string of incidents to hit the company's refineries. Photographs taken by emergency services workers showed a blazing fireball and a thick black plume of smoke rising up into the sky from...

  • Mexico trade boosting transports Tuesday, 24 Nov 2015 | 1:57 PM ET
    Mexico trade boosting transports

    Transportation leaders have much to gain amid increasing trade with Mexico, CNBC's Morgan Brennan reports.

  • Transports gain in Mexico trade boost Tuesday, 24 Nov 2015 | 10:30 AM ET
    Transports gain in Mexico trade boost

    Transportation leaders have much to gain amid increasing trade with Mexico, CNBC's Morgan Brennan reports.

  • If the Fed hikes, who in the world will follow? Tuesday, 24 Nov 2015 | 7:00 AM ET
    The Federal Reserve building in Washington, D.C.

    If the Federal Reserve hikes interest rates in December, only a handful of central banks around the world are expected to join it.

  • LONDON, Nov 20- The London zinc price touched a fresh six-year low of $1,497.50 per tonne on Thursday. Last month's flurry of excitement after Glencore's announcement of 500,000 tonnes of mine cuts had, it seemed, completely dissipated. Zinc, like copper, has been coming under sustained bear attack from China, where Shanghai Futures Exchange volumes and open...

  • ETF: Play an emerging markets comeback for cheap Thursday, 19 Nov 2015 | 3:24 PM ET
    NYSE exchange floor

    Matt Hougan, president of ETF.com, believes emerging markets ETFs deserve a second look.

  • Mexico's Pemex seeking partners for refinery upgrades Tuesday, 17 Nov 2015 | 6:17 PM ET

    MEXICO CITY, Nov 17- Mexico's state-owned oil company Pemex is seeking private partners for three major refinery upgrades that will allow it to convert more heavy crude into higher-value fuels like gasoline, a company executive said on Tuesday. Pemex estimates required investment for the construction and installation of coking units at its Salina Cruz, Tula...

  • DETROIT, Nov 16- Detroit's Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are expected to...

  • MEXICO CITY, Nov 11- Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world's richest man. The youngest, deeply Catholic Patrick, part-financed a film about the 1920 s Cristero War, which...

  • MERIDA, Mexico, Nov 6- After standing by Communist Cuba in its years of international isolation, Mexico welcomed Cuban President Raul Castro on Friday as it seeks to turn Havana's thawing relations with the United States into a major business opportunity on the island. Following Pena Nieto's words closely, Castro praised Mexico for its solidarity during the...

  • For the first time since Washington and Havana announced a historic rapprochement last December, Cuban President Raul Castro will on Friday visit Mexico, a country eager to stake its claim as Cuba's principal bridge to Latin America. Castro will meet his Mexican counterpart President Enrique Pena Nieto in the picturesque colonial-era city of Merida just a...

  • *Lower commodity prices to hurt South Africa's rand. JOHANNESBURG/ BRASILIA, Nov 5- Emerging market currencies are likely to return to record lows in 2016, a Reuters poll predicted on Thursday, although a recent respite may last for a few more months if the Federal Reserve passes on a December interest rate rise, which many now expect. Currencies in Brazil, Turkey...

  • West Texas Intermediate crude as part of a historic oil swap with the United States, a top company executive said on Friday. Pemex said earlier this week it had received a year-long license from the United States to import U.S. light crude in exchange for exports of Mexico's heavier crude oil. The swap will mark the first time in decades that Mexico's aging...

  • Oct 30- Fiat Chrysler Automobiles NV said it was recalling nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems. The car maker said it would recall about 13,411 vehicles in Canada, 6,277 in Mexico and 48,212 outside the NAFTA region to fix the same problem. The car maker also said it would recall about...

  • Oct 30- Fiat Chrysler Automobiles NV said it is recalling about 284,089 older-model SUVs in the United States due to inadvertent airbag deployment. Fiat said the affected vehicles- certain model-year 2003 Jeep Liberty SUVs and 2004 Jeep Grand Cherokees- are not equipped with Takata Corp airbags. The car maker also said it will recall about 13,411 vehicles in...

  • Donald Trump masks prove a hit in Mexico Friday, 30 Oct 2015 | 4:40 AM ET
    Donald Trump masks prove a hit in Mexico

    Donald Trump masks have become a popular costume choice ahead of the Halloween weekend.

  • Deutsche Bank laying off 35k Thursday, 29 Oct 2015 | 6:00 AM ET
    Deutsche Bank laying off 35k

    Deutsche Bank is planning to cut 35,000 jobs by 2020 and exit 10 countries as it tries to sharpen its focus.

  • Toronto Transit to sue Bombardier over delayed streetcars Wednesday, 28 Oct 2015 | 6:04 PM ET

    TORONTO, Oct 28- The Toronto Transit Commission plans to sue Bombardier Inc to recoup at least C $50 million in costs associated with the delayed delivery of new streetcars, a spokesman said on Wednesday. The Montreal- based plane and train maker's chief executive has also been summoned to explain its failures at the transit authority's November meeting.

  • *Latvia, Estonia governors see no need for Dec action. By John O'Donnell and Michelle Martin. RIGA/ BERLIN, Oct 28- The European Central Bank will keep printing money until price growth picks up and has a duty to use all instruments in its toolbox, including a deposit rate cut, to achieve its inflation target, three key ECB policy-makers said.

  • *Latvia, Estonia governors see no need for Dec action. RIGA/ TALLINN, Oct 28- The European Central Bank has a duty to use all instruments in its toolbox to achieve its inflation target and may cut its deposit rate further if price growth is slower than expected, two key ECB policy-makers said. ECB executive board member Benoit Coeure said in Mexico City overnight that...