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Business Mexico

  • *Telefonica to provide 110 mln euros in vendor financing. *Telefonica shares flat vs lower Spanish index. MADRID, Oct 12- Spain's Telefonica is selling its Atento call centre business to U.S. private equity firm Bain Capital for about 1 billion euro, including debt, as it battles to reduce its borrowings.

  • The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization.

  • SINGAPORE, Oct 12- The Asian naphtha price and margins ended the week at a three-session low of $985 a tonne and $123.03 a tonne respectively to mirror the fall in European values as gasoline demand softened. "The fall in margins today was a reflection of the gasoline market in Europe," said a Singapore- based trader.

  • DENVER-- Forest Oil is selling all of its South Louisiana properties for about $220 million as part of its plan to shed some non-core assets. Forest Oil Corp. previously announced that it is selling its East Texas natural gas gathering assets for $34 million. The Eagle Ford shale formation stretches from the western Texas- Mexico border to Louisiana.

  • Oct 11- California's refiners increased their stockpiles of gasoline by more than 5 percent last week, despite a drop in production that fuelled an unprecedented spike in prices, state data showed on Thursday.

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • MEXICO CITY-- Mexico's Senate passed a bill Thursday banning large cash transactions as part of an effort to fight money laundering that experts estimate may amount to around $10 billion per year in Mexico. It also forbids cash purchases of more than 200,000 pesos for automobiles or items like jewelry and lottery tickets.

  • WASHINGTON, Oct 11- The cost of sending a letter in the United States will go up by a penny next year, the cash-strapped U.S. Postal Service said on Thursday. The Postal Service will also offer a new, global Forever stamp starting next year, which customers can use to send letters anywhere in the world for a set price of $1.10.

  • Bill Haslam was asked at the Southern Automotive Conference on Thursday about what steps are being taken to keep investments from moving abroad, especially in light of a recent decision by German automaker Audi to build its first North American plant in Mexico. Audi is a Volkswagen subsidiary.

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1- cent increase in the cost of first-class mail to 46 cents. Currently, the prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.

  • Oct 11- West Coast oil refiners saw only a small dip in operations last week and gasoline inventories were little changed, according to government data that shed little new light on the unprecedented spike in California gasoline prices.

  • --North American rent-to-own retailer Rent-A-Center has demonstrated the willingness and ability to maintain credit ratios within levels indicative of an "intermediate" financial risk profile.

  • LONDON, Oct 11- The European Central Bank's pledge to buy the bonds of troubled euro zone members flooded a wave of relief across the bloc but investors are now waiting for action to match the words.

  • TORONTO, Oct 10- Canada's main stock index hit its lowest closing level in nearly five weeks on Wednesday, driven downward by falling financial and energy shares after the start of the U.S. earnings season flashed mixed signals for the global economy. posting a quarterly net loss and a weaker consumption outlook for China, while Chevron's.

  • NEW YORK-- Shares of AuRico Gold surged more than 17 percent on Wednesday, as the Canadian gold mining company announced that it is selling the Ocampo mine, adjacent exploration projects and half of the Orion development project for $750 million.

  • NEW YORK-- Endeavour Silver Corp. said Wednesday that it has resolved the work stoppage that blocked its management from accessing certain facilities held under lease near the El Cubo mine in Mexico. Endeavor's U.S. shares rose 24 cents, or 2.6 percent, to $9.37 in afternoon trading. They are up 29 percent from a 52- week low of $7.25 set in mid-May.

  • TORONTO, Oct 10- Canada's main stock index was slightly lower on Wednesday morning as materials shares strengthened and financials weakened after the starting round of the U.S. earnings season flashed mixed signals. A warning from Alcoa Inc.

  • CAPE CANAVERAL, Fla.-- A private company successfully delivered a half-ton of supplies to the International Space Station early Wednesday, the first official shipment under a billion-dollar contract with NASA. Williams thanked SpaceX and NASA for the delivery, especially the chocolate-vanilla swirl ice cream stashed in a freezer.

  • CAPE CANAVERAL, Fla., Oct 10- Astronauts plucked a commercial cargo ship from orbit on Wednesday and attached it to the International Space Station, marking the reopening of a U.S. supply line to the orbital outpost following the space shuttles' retirement last year.