Mexico News
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Updated 14 minutes ago
BP Plc and Anadarko Petroleum Corp. are liable for Clean Water Act violations, a judge ruled, allowing the U.S. to seek fines of as much as $1,100 per barrel spilled in the Gulf of Mexico in 2010.
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Updated 2 hours, 26 minutes ago
Mazda Motor Corp., Japan’s least profitable major carmaker, fell to a two-week low in Tokyo trading after the company said it may raise a record 162.8 billion yen ($2 billion) selling new stock.
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Updated 35 minutes ago
Group of 20 nations should discuss possible further resources for the International Monetary Fund after Europe decides on its financial firewall, the U.S. Treasury Department’s top international official said.
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The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of the close of trading.
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Mexico’s peso fell to a one-week low after a gauge of Europe’s economy unexpectedly shrank, fueling concern that a global economic slowdown will reduce demand for the Latin American country’s exports.
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The yen weakened to a seven-month low against the dollar as the highest yield premium on Treasuries when compared with Japanese debt since August damped the appeal of yen-denominated assets.
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During 10 turbulent years in Thailand, Kittiratt Na-Ranong tackled jobs ranging from president of the stock exchange to manager of the national soccer team, an underperforming outfit nicknamed the War Elephants.
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Ternium SA, Latin America’s second- largest steelmaker, declined after fourth-quarter profit missed analysts’ estimates and it forecast lower operating income for this quarter.
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Julia Gillard staged a political coup in June 2010 to become Australia’s prime minister and clung to power two months later, assembling a one-seat majority after the closest election since 1940. Her biggest leadership test may come next week.
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Honda Motor Co. plans to post its second-highest ranking global executive in the U.S. for the first time as the automaker that was Japan’s first to build cars in the market extends a three-decade localization push.
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