MEXICO

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Slim helps emerging-market M&A outstrip U.S., Europe

Mexican tycoon Carlos Slim's multi-billion dollar move to consolidate his telecoms empire has helped push emerging-market mergers and acquisitions (M&A) ahead of U.S. and European dealmaking in the year to date.

Defining Paradise: Why is it All About the Beaches?

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I recently visited Roatan, a Caribbean island located off of the mainland of Honduras. Though Hurricane Ida had just moved through the area and the waves lapping up on the shore were more than a bit choppy, I stood on the beach in the light of the sun.
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55 nations set 2020 carbon goals since Copenhagen

Fifty-five nations accounting for almost 80 percent of world greenhouse gas emissions have set national goals for fighting climate change by a deadline in the Copenhagen Accord, the United Nations said on Monday.
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Travel Postcard: 48 hours in Long Beach, California

Today celebrities and tourists still relax and enjoy the scenic and historic charm of the city. Reuters correspondents with local knowledge offer tips on how to get the most out of one of the few California towns where walking shoes will suffice to see most of the sights.
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NII Holdings eyes wireless auction in Mexico

Latin American wireless carrier NII Holdings Inc plans to bid for new frequencies to bolster its coverage in Mexico as it deploys 3G technology across the region to improve services and boost client base.
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Cash-rich Canada banks shy away from acquisitions

The heads of Canada's four largest banks said on Thursday they remain focused on capital conservation because of uncertainty over global regulatory changes and the riskiness of making acquisitions.
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America Movil makes $21 billion bid for Telmex

Billionaire Carlos Slim's America Movil launched a $21 billion offer on Wednesday for Mexican telephone company Telmex and Telmex Internacional to give a boost to his telecom empire.
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Green energy agency set to gain members

The International Renewable Energy Agency (IRENA) expects new members to join at its next meeting while China and world top oil exporter Saudi Arabia are to attend as observers, its head said on Wednesday.
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Al Qaeda linked to rogue aviation network

In early 2008, an official at the U.S. Department of Homeland Security sent a report to his superiors detailing what he called the most significant development in the criminal exploitation of aircraft since 9/11.
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Heineken buys FEMSA beers, cements Latam alliance

Heineken NV will buy the beer business of Mexico's FEMSA in a $5.7 billion deal that boosts the Dutch brewer's emerging-markets presence and cements an alliance with one of Latin America's biggest drinks firms.
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McMoRan, Energy XXI surge on Gulf of Mexico gas find

McMoRan Exploration Co and its partner Energy XXI Ltd unveiled a gas discovery in the shallow waters of the Gulf of Mexico, sending their shares soaring and rekindling excitement about the region's potential as a major energy source.
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Cellphone use for shopping up: Motorola

A growing number of consumers worldwide used their mobile telephones to help them shop early in the holiday season with usage particularly high among young adults seeking coupons, according to a study sponsored by Motorola Inc and released on Monday.
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ESPN and Discovery launching 3-D TV networks

ESPN and Discovery Communications Inc both unveiled plans on Tuesday to launch 3-D television networks, reflecting a growing momentum in the entertainment industry to usher 3-D into the home.
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A Wild Cow Investment

A casual comment by Doug Casey triggered my thoughts on how to get triple duty out of an atypical investment. My priorities are a little different because mothers focus on making money and being certain our families are taken care of, particularly when it comes to trifles like putting food on the table literally.
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Gas Natural sells Mexico assets worth $1.2 bln

Spain's Gas Natural SDG SA (GAS.MC) sold electricity generation assets in Mexico to Japan's Mitsui & Co Ltd (8031.T) and Tokyo Gas Co Ltd (9531.T) (9531.T) for $1.2 billion, completing an ambitious asset disposal plan to reduce debt.
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Maersk buys Devon Gulf of Mexico assets for $1.3 bln

Shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) has agreed to buy Devon Energy Corp's (DVN.N) stakes in the Cascade, Jack and St. Malo oilfields in the Gulf of Mexico for $1.3 billion, the firms said on Tuesday.
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India, China stronger from climate meet - Pachauri

The grouping of China, India, Brazil and South Africa has emerged as a significant force in Copenhagen and they could lead the way in future negotiations, the head of the U.N. climate panel said on Wednesday.

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