MEXICO

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U.S. Charges Ex-BP Engineer With Obstructing Spill Probe

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.

Calderon presses for U.S. answer on Pacific trade pact

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Mexican President Felipe Calderon on Tuesday gave an impassioned defense of free trade as Mexico waits for the United States and others to decide whether it will be allowed to join talks on a trade pact in the Asia-Pacific region.
Veladero gold mine

Gold Prices Rise, Then Hover Around $1,640

Gold prices steadied near $1,640 an ounce in Europe on Tuesday as a softer tone to the dollar arrested the previous session's slide, but traders largely stuck to the sidelines ahead of a key monetary policy meeting of the U.S. Federal Reserve.
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Grupo Elektra

Mexico’s Grupo Elektra Closes $780M Deal For US Payday Lender

Mexico’s specialty retailer and financial services provider Grupo Elektra SA (BMV: ELEKTRA) announced Monday it has completed the $780-million acquisition of Spartanburg, S.C.-based payday lender Advance America, Cash Advance Centers, Inc. (NYSE: AEA).
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Mexico lawmakers call for Wal-Mart bribery probe

Mexican lawmakers called on authorities on Monday to investigate allegations of bribery at the Mexico unit of Wal-Mart Stores Inc, even though prosecutors said it may not be a federal matter.
Rubio

Romney, Rubio Campaign Together In Possible Ticket Preview

Mitt Romney is giving Pennsylvania voters a potential glimpse of the general election by campaigning with Sen. Marco Rubio of Florida, a popular young lawmaker who is widely considered to be on Romney's vice presidential short list.
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Wal-Mart's Mexico probe could lead to departures at the top

Allegations that Wal-Mart Stores Inc stymied an internal investigation into extensive bribery at its Mexican subsidiary is likely to lead to years of regulatory scrutiny and could eventually cost some top executives their jobs, analysts said.

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