International Business News - MEX http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Colombian singer Shakira announced Thursday that Mexican billionaire Carlos Slim and American Howard Buffett will donate $200 million to a foundation that helps poor children in Latin America. http://www.ibtimes.com/articles/20080516/shakiras-foundation-for-poor-gets-millions.htm Fri, 16 May 2008 12:26:35 EDT Mexican telecommunications magnate Carlos Slim said he is not seeking to acquire Digital+, the satellite TV monopoly of Spanish media concern Prisa. Slim says he is focused on the expansion of America Movil in Jamaica, Panama and Chile. America Movil is Latin America's largest mobile operator. http://www.ibtimes.com/articles/20080516/telecom-magnate-not-planning-to-buy-digital-plus.htm Fri, 16 May 2008 03:05:44 EDT French wireless operator Orange said Friday it has signed a deal with Apple Inc. to sell its iPhone in the Middle East, Africa and several European countries. http://www.ibtimes.com/data/articleimgs/46988-iphone-sold-out.jpg http://www.ibtimes.com/articles/20080516/frances-orange-signs-new-iphone-deal-with-apple.htm http://www.ibtimes.com/articles/20080516/frances-orange-signs-new-iphone-deal-with-apple.htm Fri, 16 May 2008 07:23:02 EDT The One Laptop Per Child project is about to find out whether Microsoft Corp., a rival the nonprofit group once derided, is the solution to its problems in spreading inexpensive portable computers to schoolchildren. http://www.ibtimes.com/data/articleimgs/46737-hundred-dollar-laptop-microsoft.jpg http://www.ibtimes.com/articles/20080516/100-laptop-nonprofit-now-teamed-with-microsoft.htm http://www.ibtimes.com/articles/20080516/100-laptop-nonprofit-now-teamed-with-microsoft.htm Fri, 16 May 2008 06:53:21 EDT The global market for cancer drugs will grow twice as fast as that for all other pharmaceuticals as the developing world spends more on health care, a new report says. http://www.ibtimes.com/articles/20080515/global-market-expected-to-drive-cancer-drug-growth.htm Thu, 15 May 2008 02:04:54 EDT The Senate late Wednesday approved and sent to the White House legislation directing President Bush to temporarily halt oil shipments into the government's emergency reserve, hoping to lower energy prices. http://www.ibtimes.com/data/articleimgs/46395-oil-prices.jpg http://www.ibtimes.com/articles/20080515/senate-sends-oil-reserve-bill-to-president.htm http://www.ibtimes.com/articles/20080515/senate-sends-oil-reserve-bill-to-president.htm Thu, 15 May 2008 00:44:39 EDT The Senate late Wednesday approved and sent to the White House legislation directing President Bush to temporarily halt oil shipments into the government's emergency reserve, hoping to lower energy prices. http://www.ibtimes.com/articles/20080514/senate-sends-oil-bill-to-president.htm Wed, 14 May 2008 22:27:00 EDT Gas prices roared above $3.75 a gallon Wednesday, while oil prices fell after an Energy Department report gave a mixed picture of the nation's petroleum reserves. http://www.ibtimes.com/articles/20080514/gas-above-3-75-oil-falls-on-mixed-supply-report.htm Wed, 14 May 2008 21:20:20 EDT Officials say two police officers were shot and killed in northern Mexico when they tried to stop gunmen from kidnapping a family. State prosecutor Carlos Centeno says the attackers also threw grenades Wednesday at the officers in the city of Torreon. Torreon is in Coahuila state, which borders Texas. http://www.ibtimes.com/articles/20080514/gunmen-kill-2-police-officers-in-mexico.htm Wed, 14 May 2008 20:32:06 EDT Applied Industrial Technologies on Wednesday said it will buy a Mexican power-transmission product distributor and its group of companies. Financial terms were undisclosed. http://www.ibtimes.com/articles/20080514/applied-industrial-technologies-to-buy-mexican-co.htm Wed, 14 May 2008 17:52:44 EDT Following is a summary of top stories in the energy sector Wednesday afternoon. Gasoline Tops $3.75 at the Pump http://www.ibtimes.com/articles/20080514/energy-sector-roundup-gas-up.htm Wed, 14 May 2008 15:24:57 EDT Independent oil and gas producer Anadarko Petroleum Corp. on Wednesday reaffirmed its production outlook for the year, despite a delay in the repair of a natural gas pipeline. http://www.ibtimes.com/articles/20080514/anadarko-petroleum-stays-with-production-forecast.htm Wed, 14 May 2008 09:19:56 EDT Mining company Pan American Silver Corp. said Wednesday its first-quarter profit jumped 47 percent on higher production and increased silver prices. Net income for the three months ended March 31 rose to $30.2 million, or 38 cents per basic share, compared with $20.4 million, or 27 cents per basic share, in the year-earlier period. http://www.ibtimes.com/articles/20080514/higher-output-helps-lift-pan-american-1q-profit.htm Wed, 14 May 2008 07:55:06 EDT A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced at two largely forgotten U.S. Mints in the South, coin experts say. http://www.ibtimes.com/articles/20080514/coin-dealers-examining-gold-find-off-la-coast.htm Wed, 14 May 2008 04:22:44 EDT A look at recent Mexican drug war-related violence: May 10 _ The No. 2 on the Juarez police force was shot more than 50 times and killed near his home. The Juarez police chief resigned that same day. http://www.ibtimes.com/articles/20080514/a-look-at-recent-mexican-drug-war-violence.htm Wed, 14 May 2008 03:16:12 EDT Three Mexican police chiefs have requested political asylum in the U.S. as violence escalates in the Mexican drug wars and spills across the U.S. border, a top Homeland Security official told The Associated Press. http://www.ibtimes.com/data/articleimgs/46113-border-violence.jpg http://www.ibtimes.com/articles/20080514/violence-in-mexico-spills-across-us-border.htm http://www.ibtimes.com/articles/20080514/violence-in-mexico-spills-across-us-border.htm Wed, 14 May 2008 03:15:29 EDT Plenty of products last for 50 years, but few have the staying power of Velcro fasteners. The signature sound of Velcro hook-and-loop tape being torn apart rippled along a parade route Tuesday to mark half a century since the Velcro brand was trademarked in the United States. Former and current employees of Manchester-based Velcro USA lined up for more than a mile to rip apart 8-inch lengths of the company's famous fasteners. http://www.ibtimes.com/articles/20080513/velcro-marks-50th-anniversary-with-1-5-mile-long-r-r-r-rip.htm Tue, 13 May 2008 14:12:01 EDT Canada-based Silver Wheaton Corp. said Tuesday it will pay $80 million to Farallon Resources Ltd. to buy a majority of the silver produced at its Campo Morado site in Mexico. http://www.ibtimes.com/articles/20080513/silver-wheaton-to-pay-80m-to-farallon-for-silver.htm Tue, 13 May 2008 09:52:06 EDT Oil prices edged up Tuesday after a brief dip below $124 a barrel on profit-taking that followed another trading record in the previous session. Light, sweet crude for June delivery gained 27 cents to $124.50 a barrel in electronic trading on the New York Mercantile Exchange by afternoon in Europe after trading below $124 earlier in the day. http://www.ibtimes.com/articles/20080513/oil-prices-rise-after-brief-drop.htm Tue, 13 May 2008 09:36:18 EDT Kemet Corp., which makes capacitors for electronics, said Tuesday it swung to a fiscal fourth-quarter loss, as special charges and higher costs countered a boost in revenue. http://www.ibtimes.com/articles/20080513/kemet-swings-to-loss-on-higher-costs-and-charges.htm Tue, 13 May 2008 08:57:06 EDT