MEXICO

Latin American Markets Slightly Up

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Brazilian and Mexican equities edged higher Thursday, as buyers sought bargains a day after U.S. economic worries sent stocks sharply lower.

Oil breaks $100 as U.S. stockpiles drop

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Oil prices broke above $100 a barrel for the first time on Thursday after a U.S. government report showed a steep slide in crude inventories in the world's biggest energy consumer.
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Nipping into Argentina

Canadian lobster and tuna fisherman Everett Condon had never traveled further south than the United States until this year, when he spent his off-season going to tango shows and getting plastic surgery in Argentina.
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Oil slides $4 to below $90 a barrel

Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.
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Oil falls from record highs

Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs that were fuelled by a Mexican supply shut-down and a weak dollar.
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Crude oil drops below $93

Crude oil prices dropped below $93 a barrel on Tuesday, after hitting record highs a day earlier on concerns of production reductions in Mexico and record lows for the dollar.
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Oil strikes record near $94

Oil jumped to a record high near $94 a barrel on Monday as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.
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Gold races towards $800, platinum hits record

Gold rallied to its highest level in 28 years on Monday and targeted $800 an ounce as oil surged to a record peak and the dollar tumbled on speculation over a U.S. interest rate cut.
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Oil leaps to record over $93

Oil leapt to a record high for a third day on Monday, surpassing $93 as investors bet on another U.S. interest rate cut this week, the dollar struck new lows and Mexico briefly halted one-fifth of its oil production.
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Oil leaps to record over $93 on Mexico

Oil leapt to a record high for a third day on Monday, surpassing $93 as Mexico briefly halted one-fifth of its production and the U.S. dollar struck new lows. Oil prices have soared by more than a third since mid-August as a stand-off between Turkey and Kurdish rebels, dollar weakness, easing interest rates and winter supply fears attracted a fresh wave of investment capital.
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Nissan surprises with Q2 rise, Renault shares gain

Nissan Motor Co posted a surprise gain of 12 percent in quarterly operating profit on Friday as a pickup in its global car sales outweighed rising commodity prices, and it kept its full-year forecasts unchanged.
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Wal-Mart to concentrate overseas for growth

Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.
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Western Union profit falls on buyout

Western Union Co, the world's largest payment transfer company, posted a 16 percent decline in third-quarter earnings on Tuesday, hurt by expenses linked to the buyout of its former parent.
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Sharp Estimates First Half Profits Decline

Sharp Corp announced on Monday that it’s April-September period operating profit would fall 12.4 percent to 79 billion yen because of higher business costs and accounting changes.
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Wealthy investing more in environment

Green -- not greed -- is good these days, especially if you're rich and want to be seen to care. Some clients are increasingly seeking environmentally friendly investments and ways to minimize their impact on the environment, their private bankers said at the Reuters Wealth Management Summit in Geneva.
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Mexican President critiques U.S. border fence

Mexican President Felipe Calderon criticized the planned U.S. border fence designed to stem illegal immigration, saying countries should be "building bridges, not fences" in an interview broadcast on Monday.
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Wal-Mart Opens Bank in Mexico

Wal-Mart has finalized preparations for opening its own bank in Mexico, according to latest reports, with branches in the region to be called Banco Walmart de Mexico Adelante.
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Pepsi Bottling shares hit new high

Pepsi Bottling Group Inc reported better-than-expected quarterly profit on Tuesday due to higher prices and continued cost savings, and raised its full-year outlook, sending its shares up more than 4 percent to an all-time high.
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China to switch to energy-efficient lightbulbs

China, which makes 70 percent of the world's lightbulbs, has agreed to phase out incandescent bulbs in favor of more energy-efficient ones, part of a push by a leading world environmental funding agency.

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