Mexico

Oil shock to tilt Mexico energy opening in private sector's favor

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MEXICO CITY - The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs.

Mexico's Grupo Bimbo to buy Saputo's Canadian bakery

WINNIPEG, Manitoba/MEXICO CITY - Mexico's Grupo Bimbo SAB de CV , the world's No. 1 breadmaker, has agreed to buy the bakery division of Saputo Inc in its second Canadian purchase this year.

Deals, 18 Dec 2014

Nissan recalls autos in Mexico to check Takata air bags

MEXICO CITY - Nissan Motor Co Ltd said on Wednesday it has ordered the recall of more than 80,000 vehicles sold in Mexico to check for potential defects stemming from air bags made by Japanese company Takata Corp .

Japan, 17 Dec 2014

Mujica warns against Uruguayan media falling into hands of foreigners

MONTEVIDEO - Uruguay's local media groups should not fall into the hands of foreign investors like Argentina's Clarin group or Mexican tycoon Carlos Slim, outgoing President Jose Mujica said on Tuesday.

World, Argentina, 16 Dec 2014

Austrian experts may need months to identify murdered Mexican students

VIENNA - Austrian forensic experts will need at least two months to determine whether they can identify the victims of an apparent massacre of 43 Mexicans, they said on Tuesday, but said the chances were slim because of damaged samples.

World, Mexico Election, 16 Dec 2014

Takata tightens screws on suppliers as air bag crisis mounts -sources

TOKYO - Takata Corp. has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, according to people involved.

Japan, 14 Dec 2014

Takata tightens screws on suppliers as air bag crisis mounts: sources

TOKYO - Takata Corp. has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, according to people involved.

Japan, 14 Dec 2014

Mexico conflict of interest scandal snares finance minister

MEXICO CITY - Mexico's finance minister on Friday denied he faced a conflict of interest after he became embroiled in a scandal engulfing President Enrique Peña Nieto, and welcomed an investigation into his purchase of a home from a government contractor.

World, 12 Dec 2014

Mexico finance minister bought home from government contractor in scandal: WSJ

MEXICO CITY - Mexico's finance minister bought a home from a government contractor who is at the center of a conflict-of-interest scandal embroiling President Enrique Pena Nieto and his administration, the Wall Street Journal reported on Thursday.

World, Mexico Election 12 Dec 2014

Alleged head of Chicago branch of Mexican drug cartel arrested

CHICAGO - The alleged head of the Chicago-area branch of a Mexican drug cartel faces federal charges with seven others for a plot that involved carrying heroin and cocaine from Mexico to the United States in passenger buses, prosecutors said on Wednesday.

World, 10 Dec 2014
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North Korea blames U.S. for Internet outages

SEOUL - North Korea accused the United States on Saturday of being responsible for Internet outages it experienced in recent days amid a confrontation between them over the hacking of the film studio Sony Pictures.