MEXICO

U.S. border virtual fence to be delayed: report

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Technical problems have forced the Bush administration to retool a high-tech virtual fence along the U.S.-Mexico border and will delay the first phase for at least three years, the Washington Post reported on Thursday. There are an estimated 12 million illegal immigrants in the United States, many from Mexico. Immigration is a highly charged topic and a major issue in the campaign for November's presidential election.
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Disney to raise stake in India's UTV

Walt Disney Co has reached a deal to more than double its stake in Indian TV and movie content maker UTV, the two firms said, underscoring the U.S. entertainment firm's efforts to expand globally.
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UPS to increase freight rate

UPS Inc. announced on Friday that it will increase the general rate of about 5.4 percent on non-contractual shipments in the U.S. and Canada.
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Latin American Markets Slightly Up

Brazilian and Mexican equities edged higher Thursday, as buyers sought bargains a day after U.S. economic worries sent stocks sharply lower.
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Oil breaks $100 as U.S. stockpiles drop

Oil prices broke above $100 a barrel for the first time on Thursday after a U.S. government report showed a steep slide in crude inventories in the world's biggest energy consumer.
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Mexico floods recede as more evacuated

Thousands of people were plucked from rooftops in southern Mexico on Sunday as water receded after flooding that left 800,000 homeless in Tabasco state, authorities said.
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Thousands flee floods in Mexico

Thousands of people fled a Mexican city on Friday after flood waters burst through sandbag barriers in a disaster that left 800,000 people homeless and most of the state of Tabasco under water.
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Nipping into Argentina

Canadian lobster and tuna fisherman Everett Condon had never traveled further south than the United States until this year, when he spent his off-season going to tango shows and getting plastic surgery in Argentina.
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Oil slides $4 to below $90 a barrel

Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.
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Oil falls from record highs

Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs that were fuelled by a Mexican supply shut-down and a weak dollar.
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Crude oil drops below $93

Crude oil prices dropped below $93 a barrel on Tuesday, after hitting record highs a day earlier on concerns of production reductions in Mexico and record lows for the dollar.
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Oil strikes record near $94

Oil jumped to a record high near $94 a barrel on Monday as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.
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Gold races towards $800, platinum hits record

Gold rallied to its highest level in 28 years on Monday and targeted $800 an ounce as oil surged to a record peak and the dollar tumbled on speculation over a U.S. interest rate cut.
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Oil leaps to record over $93

Oil leapt to a record high for a third day on Monday, surpassing $93 as investors bet on another U.S. interest rate cut this week, the dollar struck new lows and Mexico briefly halted one-fifth of its oil production.
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Oil leaps to record over $93 on Mexico

Oil leapt to a record high for a third day on Monday, surpassing $93 as Mexico briefly halted one-fifth of its production and the U.S. dollar struck new lows. Oil prices have soared by more than a third since mid-August as a stand-off between Turkey and Kurdish rebels, dollar weakness, easing interest rates and winter supply fears attracted a fresh wave of investment capital.
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Nissan surprises with Q2 rise, Renault shares gain

Nissan Motor Co posted a surprise gain of 12 percent in quarterly operating profit on Friday as a pickup in its global car sales outweighed rising commodity prices, and it kept its full-year forecasts unchanged.
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Wal-Mart to concentrate overseas for growth

Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.

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