Business Mexico

  • *Citigroup, Deutsche Bank, HSBC, JPMorgan Chase top list. *G20 finance ministers meet in Mexico this weekend. Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.

  • Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.

  • MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.

  • LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.

  • NEW YORK/ BEIJING, Nov 1- Asia's large economies started to pick up steam last month after a year of slower growth, surveys showed on Thursday, while U.S. manufacturing showed modest improvement.

  • *Canada keen to diversify exports away from United States. OTTAWA, Nov 1- Canada and the European Union still have plenty of work to do on a proposed free trade treaty that is supposed to be finished by the end of the year, officials from both sides said on Thursday.

  • NEW YORK- Huge logistical problems from power failures and navigational hazards roil the massive New York Harbor oil hub in the wake of Hurricane Sandy, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts (STORM-SANDY/CME-DELIVERIES, moving shortly, 800 words).

  • *U.S., Japan fiscal problems, euro crisis main economic risks. TOKYO, Nov 1- Japan's government is ready to compromise with the opposition to pass a crucial bill needed to prevent a crippling funding shortfall, Vice Finance Minister Tsutomu Okubo said on Thursday, urging the opposition to spell out terms.

  • BERLIN- German Chancellor Angela Merkel meets Irish Prime Minister Enda Kenny. TOKYO- Norwegian Prime Minister Jens Stoltenberg visits Japan and meets with Prime Minister Yoshihiko Noda. **BAMAKO/ DAKAR- German Foreign Minister Guido Westerwelle visits Mali and Senegal.

  • WASHINGTON, Oct 31- A U.S. free trade agreement with Panama went into force on Wednesday, five years after it was originally negotiated, opening the way for increased U.S. exports as the Central American country continues its canal expansion project.

  • MEXICO CITY, Oct 31- The International Monetary fund should soon renew a flexible credit line for Mexico worth $72 billion to guard against financial turmoil, Mexican central bank governor Agustin Carstens said on Wednesday.

  • *Latin America offers Spaniards hope for work. MEXICO CITY/ MADRID Oct 31- After joining the euro in 1999, Spain's economic boom made it the land of opportunity for millions of Latin American migrant workers.

  • *Appeal aimed at G20 meeting in Mexico this week. GENEVA, Oct 31- The world's leading economies must revitalise both global trade and investment in developing countries to counter a new slowdown in economic growth, three key international organisations said on Wednesday.

  • GENEVA, Oct 31- The world's leading economies must try harder to keep their markets open to counter slowing global growth, international agencies said on Wednesday.

  • MEXICO CITY, Oct 30- Mexico's president-elect, Enrique Pena Nieto, will present a tax reform bill during his first year in office, his top aide said on Tuesday, without providing any details on the plan.

  • OTTAWA, Oct 30- This weekend's meetings of the Group of 20 leading nations are likely to keep pushing Europe and the United States to confront their debt troubles, Canadian Finance Minister Jim Flaherty said on Tuesday.

  • MEXICO CITY, Oct 30- Mexican cement maker Cemex said on Tuesday it would join a clean energy fund that is expected to raise $300 million through a public offer of certificates on the Mexican stock exchange. In February, the Monterrey- based company said it planned to create an investment fund this year that would finance some $1 billion in energy projects.

  • LONDON, Oct 29- Global banking regulators are investigating why banks use such a wide variety of ways to assess risk amid fears the current method for calculating capital safety cushions is not safe and is being gamed.

  • TORONTO, Oct 29- Production at General Motors Co's Oshawa, Ontario, plant slowed to a crawl on Monday as a strike at Lear Corp cut off supplies of car seats used in vehicles assembled there, the Canadian Auto Workers union said.

  • BOGOTA, Oct 29- Mexico's top cement maker Cemex officially launched on Monday the Colombian initial public offering of its Latin American unit, with books open from Oct. 29 to Nov. 6, the company said. Cemex has set a range of between 11,000 and 13,500 Colombian pesos per share for the offering of about 24 percent of its Cemex Latam Holdings unit.