Mar 06, 2012 17:34 EST
The Carso Group of Mexican tycoon Carlos Slim, who is considered to be the world's richest man, said Tuesday it plans to invest nearly $4.7 billion in Mexico this year.
Mar 06, 2012 15:56 EST
Mexican billionaire Carlos Slim's Carso Group will invest almost $4.7 billion in Mexico in 2012, including more than half in the telecoms sector, according to a company statement Tuesday.
Mar 06, 2012 11:18 EST
The US Treasury on Tuesday boosted its efforts to cut off financing for Mexico's notorious Sinaloa drug cartel, adding kingpin Ismael Zambada Garcia's brother Jesus Reynaldo to its official sanctions list.
Mar 05, 2012 20:01 EST
US Vice President Joe Biden said in Mexico Monday that he was open to joining a growing Latin American debate about legalizing drugs but only to show that a change of policy would not work.
Mar 05, 2012 14:36 EST
US Vice President Joe Biden met with Mexican President Felipe Calderon in Mexico City Monday, the first stop on a two-day trip to Mexico and Honduras.
Mar 04, 2012 18:07 EST
MEXICO CITY (Reuters) - A lack of agreement between media company MVS and the Mexican government over how to unlock a private broadband project is threatening to shelve the plan for several more years as growing court appeals cloud the case.
Mar 01, 2012 13:14 EST
MEXICO CITY (Reuters) - Ruling party presidential hopeful Josefina Vazquez Mota, the first woman candidate of any of Mexico's three main parties, has cut into the lead of front-runner Enrique Pena Nieto ahead of July's election, an opinion poll published on Thursday showed.
Mar 01, 2012 12:47 EST
The so-called "Volcker Rule" which aims to halt banks from speculative trades in their own accounts -- an issue that fed the financial crisis -- won't be ready by a July deadline, the US central bank chief said Thursday.
Feb 29, 2012 15:55 EST
Twenty artists and scientists from eight countries set sail Thursday for Clipperton Island, an isolated French atoll off Mexico's Pacific coast, to investigate effects of climate change and the island's history.
Feb 29, 2012 11:50 EST
MEXICO CITY (Reuters) - The biggest five banks in the United States are too powerful and should be broken up, Dallas Fed President Richard Fisher said on Wednesday.
Feb 27, 2012 23:54 EST
SAN ANTONIO (Reuters) - Mexico's tourism chief met with Texas officials in Austin on Monday to head off a potential warning against visiting Mexico during the lucrative Spring Break and summer vacation seasons, a mission complicated by last week's robbery of a tourist bus in the resort city of Puerto Vallarta.
Feb 27, 2012 19:39 EST
MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim will spearhead a project to rescue the Pacific port of Acapulco, a once glamorous haunt of Hollywood stars that has lately become mired in violent crime.
Feb 27, 2012 18:36 EST
MEXICO CITY (Reuters) - Secretary of Homeland Security Janet Napolitano defended Washington's drug war strategy on Monday despite calls by some Latin American leaders to consider decriminalizing narcotics.
Feb 27, 2012 17:34 EST
MESA, Arizona (Reuters) - For years, Nora Castaneda watched her Mormon community grow and grow as it drew converts from a burgeoning Hispanic population in Mesa, Arizona. Then, in 2010, it all went into slow motion.
Feb 27, 2012 15:17 EST
MEXICO CITY (Reuters) - Mexico may be sitting on a vast untapped reserve of shale oil just south of the Rio Grande, but state monopoly Pemex is showing little urgency to exploit their share of the bounty.
Feb 27, 2012 12:27 EST
European stock markets closed mostly lower Monday and the euro slipped after the G20 called on the eurozone to strengthen its firewall against potential future financial crises.
Feb 26, 2012 23:35 EST
BEIJING (Reuters) - China on Monday called for steps to address the euro zone debt crisis, high oil prices and volatile capital flows, adding that Group of 20 nations should focus on ensuring a global economic recovery and financial market stability.
Feb 26, 2012 22:02 EST
MEXICO CITY (Reuters) - Emerging economies said on Sunday that they will challenge a tradition that has placed an American at the head of the World Bank for decades, as the Obama administration shows sensitivity to the need for change at global institutions.
Feb 26, 2012 19:14 EST
MEXICO CITY (Reuters) - Treasury Secretary Timothy Geithner said on Sunday that Europe's actions so far to deal with its debt crisis have averted potential financial catastrophe but said it still must put up a sturdier firewall against contagion.
Feb 26, 2012 17:15 EST
The eurozone will have to put in place a bigger financial firewall to combat the crisis before other countries will pour more cash into the IMF, the G20 top and developing economies said Sunday.