Buildings swayed in Mexico City and some neighborhoods lost power after a 7.2-magnitude earthquake struck about 273 kilometers (170 miles) southwest of the capital of Latin America’s second-largest economy.
China Petroleum & Chemical Corp. won dismissal of a U.S. lawsuit by a Hong Kong businessman who claimed company executives were involved in a plot that left him imprisoned for five years on trumped-up charges.
Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.
Present and past owners of OAO Bank Rossiya, the only company hit with sanctions for Russia’s takeover of Crimea, include three billionaires, two proteges of a Nobel Laureate and, according to a Spanish prosecutor, one possible mob boss.
An oil tanker started loading crude at Libya’s eastern port of Hariga as the region exports oil for the first time since July after civil unrest decimated the North African country’s production and shipments.
Evya SA de CV, an oil-services provider to Petroleos Mexicanos, is the second Mexican company implicated for having fraudulent loans linked to Citigroup Inc., according to a spokesperson at state-owned Pemex.