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YOUR MONEY How to see the world and arbitrage your retirement
(The writer is a Reuters contributor. The opinions expressed are his own) By Chris Taylor NEW YORK, May 17 (Reuters) - In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. By ...
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Record trades as emerging markets go mainstream
By Paul Kilby Fri May 17, 2013 10:15am EDT NEW YORK, May 17 (IFR) - By raising a combined US$14.25bn in one day, Brazil's Petrobras and Indonesia's Pertamina underscored the enormous bid for emerging market credits. The two oil trades generated nearly US$60bn in demand between them, endorsing the asset class's place in a global credit market that was once the sole domain of G7 ...
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Travel Picks Top 10 quirky museums around the world
LONDON, May 17 (Reuters) - Hear the word museum and odds are you conjure up an image of portrait halls and sculpture gardens - the traditional home of traditional art. However, the world is a huge, creative and even quirky place. So to satisfy those offbeat tastes online travel adviser Cheapflights.com (www.cheapflights.com) has come up with its Top 10 quirky museums. Reuters has not endorsed ...
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RPT-INTERVIEW-Payout official set for surge in BP spill claims
(Repeats to reach more customers) By Kathy Finn NEW ORLEANS, May 16 (Reuters) - The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said ...
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Slim comes second Is Mexicos president a monopoly buster
Mexican mega-mogul Carlos Slim just lost the world's richest man title to Bill Gates. Will President Enrique Pea Nieto's reform agenda whittle down other ...
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OECD warns Mexico on oil dependence
Mexico is too dependent on oil and environmental degradation has accounted for a drop in gross domestic production, the OECD said. Mexican President Enrique Pena Nieto said overhauling the country's energy sector is a top priority for his administration. Reforms under consideration include letting national oil companies partner with their foreign counterparts to open the country to new ...
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UPDATE 1-Mexicos Pemex makes another oil find in ultra deep ...
MEXICO CITY, May 16 (Reuters) - Mexico state oil monopoly Pemex said on Thursday it has found "clear indications" of light crude at its ultra-deepwater Maximino well. The 9,515-foot well makes the third such find in the Perdido Fold Belt, located ...
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Mexican FM to visit China
Mexican Foreign Minister Jose Antonio Meade Kuribrena will visit China from May 19 to 20, Chinese Foreign Ministry spokesman Hong Lei announced at a regular press conference Friday in Beijing.According to Hong, the visit paid by Kuribrena, Mexico's Secretary of Foreign Relations, is at the invitation of the Chinese Foreign ...
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New Mexico mom chases down man who grabbed 4-year-old daughter suspect arrested
Albuquerque police officers search for a suspect who apparently kidnapped a five year old near Near Indian School Wednesday afternoon, May 15, 2013. The mother of the kidnapped victim chased the kidnapper to Southeast Albuquerque where she struck his car near the corner of Kathryn and Ortiz. The man had pushed the girl out of the car shortly after grabbing her. The girl was not injured. (AP ...
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Mexico has new plan to tackle drug violence
Mexico City - A Mexican general took over all police and military operations in a chaotic western state on Thursday in a test run of President Enrique Pena Nieto's new security strategy to tame raging drug ...
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RPT-COLUMN-Enhanced recovery will anchor oil prices below $100 Kemp
Fri May 17, 2013 4:14am EDT By John Kemp LONDON May 16 (Reuters) - Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just $85 per barrel, according to an estimate published by the U.S. Department of Energy. By injecting carbon dioxide (CO2) ...
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Spanish stocks - Factors to watch on Friday
The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: BANKS The Bank of Spain reports the March's non-performing loans ...
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Mexican Drug Cartels Bring More Crime Violence To Oklahoma
Unlike the small, clandestine labs we see in Oklahoma, Mexican meth is made in super labs, where they don't produce grams or pounds, but tons of ...
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Yahoo wins appeal of $2.7 billion suit in Mexican court
IDG News Service - An appeals court in Mexico has overturned an approximately US$2.7 billion judgment against Yahoo and Yahoo Mexico in a breach-of-contract suit concerning online directories. Yahoo announced on Thursday it had won its appeal of the case in the Superior Court of Justice for the Federal District. The court reversed a November ...
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To tame drug violence Mexican general takes control of chaotic Michoacan
As part of President Enrique Pena Nieto's strategy against drug violence, Alberto Reyes, a Mexican general was given control over all police and military operations in the western state of ...
Mexico City Feature Story
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Mexico City launches eco-friendly and cash friendly project
Mexico City has joined a global movement that has taken many major city municipalities by storm in recent years, the eco-friendly movement of bicycle-sharing. The city joins the ranks of Montreal, Paris, Barcelona and many other major cities across Europe and the world, such as Beijing in China and Melbourne in Australia. The scheme, once rolled out in its entirety, is expected to play a part in relieving some of the burden on Mexico City’s streets.
Mexico City, the largest and richest city in Mexico, is also one of the worst for traffic jams. A recent study by IMB, the IMB Commuter Pain Study, found Mexico City and Beijing to be the two worst cities in the entire world for traffic jams, ours are among the longest and most frequent with the city getting a score of 99 out of 100 on the commuter pain index, this compared to Stockholm, which scored 15. Read more
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