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Railway in China

Mexico scraps $3.75 billion China rail deal ahead of state visit

Mexico has revoked a $3.75 billion high-speed rail contract from a China-led consortium after its uncontested bid prompted an outcry from lawmakers, souring a state visit to Beijing next week by President Enrique Peña Nieto.

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Meat Products

Mexico could seek hefty damages against U.S. over meat laws: official

Mexico would seek "hundreds of millions" of dollars in trade retaliation against the United States if Washington does not change meat labeling laws, a Mexican official said, as Mexico and Canada kept up pressure on the United States to act.

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Saudi Arabia's Oil Minister Ali al-Naimi

Saudi oil minister to make rare trips to Venezuela, Mexico

Saudi Oil Minister Ali al-Naimi is making his first visits in years to fellow exporters Venezuela and Mexico, although tumbling oil prices are not the stated purpose of the trip, according to officials and sources.

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Diageo PLC

Diageo, Jose Cuervo near deal to swap brands

Diageo PLC (DGE.L) is nearing a deal with Jose Cuervo that would give the British liquor company full ownership of Don Julio tequila in exchange for its Bushmills whiskey label, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

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Sugar

U.S., Mexico reach deal to avert sugar import duties

Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States in talks that went down to the last minute.

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Lean, finely textured beef (LFTB)

U.S. risks trade sanctions in WTO meat label dispute

The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling regulations fully in line with international fair trading rules.

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Nissan

Nissan recalls 238,000 2013 Altima sedans on hood latch issue

Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday.

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General Motors (GM)

GM recalls 117,651 vehicles for potential electrical short issue

General Motors Co (GM.N) on Thursday said it is recalling 117,651 newer vehicles in North America because a possible manufacturing defect could cause an electrical short and increase the risk of a crash.

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AT&T

AT&T 'intrigued' by Mexico, Latin America : exec

AT&T Inc is "intrigued" by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said at a conference on Tuesday.

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Heineken Beer

Heineken confirms, rebuffs SABMiller bid

Dutch brewer Heineken HEIN.AS said on Sunday it was approached by larger rival SABMiller SAB.L about a potential takeover but that its controlling shareholder intended to keep the company independent.

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Mexico

Mexico revises 2013 GDP growth up to 1.4 percent on financial sector

Mexico's economy grew at a rate of 1.4 percent in 2013, according to an upwardly revised estimate of the country's gross domestic product (GDP) reported by national statistics agency INEGI on Friday.

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Brazil

Brazil telecoms battle heats up as Oi steps in

The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

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iZettle Homepage

iZettle dances with $55.5 million Series C round for Latin America and European Expansion

iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.

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Hewlett-Packard

HP settles with DOJ for $108M over bribery and money laundering charges

Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.

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Arad Group

Arad Group picks up controlling stake in Mexican water meter maker Cicasa for $2M

Dalia, Israel-based water measurement solutions and services provider Arad Group picked up a controlling stake in Mexico-based water meter manufacturer Cicasa for $2.04 million to gain access to the Latin American market.

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