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Mexican telecom firm in talks to restructure debt
Mexico's Maxcom Telecomunicaciones said Tuesday it was looking to raise new capital and restructure debt after failing to make an interest payment. In a filing with the Mexican Stock Exchange, Maxcom said it would use a 30-day grace period with respect to Tuesday's scheduled interest payment of roughly $11 million to continue talks with a new investor and certain of its bondholders with a view ...
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One of US FBIs most wanted nabbed in Mexico resort city
UNDATED: This photo shows Walter Lee Williams, 65, who is wanted on charges of sexual exploitation of children and traveling abroad for the purpose of engaging in sexual acts with ...
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Mexico detains FBI Ten Most-Wanted fugitive in beach resort
CANCUN (Reuters) - Mexican authorities on Tuesday arrested a former U.S. university professor, who recently was added to the FBI's 10 most-wanted list and faces sex crimes charges in the Philippines. Walter Lee Williams, 64, was arrested in the southern beach resort of Playa del Carmen. The FBI said he was an anthropology and gender studies professor at the University of Southern California ...
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Mexican oil producer Pemex says bomb threat a false alarm
MEXICO CITY (Reuters) - Mexico's state oil producer, Pemex, on Tuesday evacuated its Mexico City headquarters, the site of a deadly blast in January, but later said it was a false alarm. "We've finished inspecting the Pemex tower," the company said in a message sent on Twitter at 10:25 p.m. local time/0325 GMT. "It was a false alarm." In January, a blast at the same ...
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Mexicos Pemex names bidders for Chicontepec oil auction
MEXICO CITY, June 18 (Reuters) - Spanish oil company Repsol and China's Sinopec are among the 16 energy firms and consortia that have qualified for next month's auction of six blocks in Mexico's Chicontepec basin, state-run oil monopoly Pemex ...
Movie Review
Wendy and Lucy [DVD]
Kelly Reichardts Wendy and Lucy is a small, spare, and genuinely beautiful film, very much the spiritual descendent of Italian neorealism, which French film critic Andr Bazin described as an ideal synthesis between the rigor of tragic necessity and the accidental fluidity of ever ... ...
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Outbreak of deadly piglet virus spreads to 13 U.S. states
CHICAGO (Reuters) - A swine virus deadly to young pigs, one never before seen in North America, is spreading rapidly across the United States and proving harder to control than previously ...
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Discovery of a new Mayan ruin
Deep in the jungles of southeast Campeche state, archaeologists have discovered a significant new Mayan site, called Chactun, or Red Rock, that was thrived roughly from 600 to 900 ...
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Brazil seeks to take advantage of desperate Mexico
FORTALEZA, Brazil - Brazil wants to use Mexico's desperation to its advantage when the teams meet in the Confederations Cup on Wednesday.While Brazil opened with a convincing win over Japan, Mexico lost to Italy and needs a good result against the hosts to keep alive its hopes of advancing in the World Cup warm-up tournament.Brazilian players are hoping the Mexicans come out attacking at ...
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Steelmaker AHMSA eyes shale gas opening in Mexico
By Allison Martell and David Alire Garcia NEW YORK/MEXICO CITY, June 18 | Tue Jun 18, 2013 6:59pm EDT NEW YORK/MEXICO CITY, June 18 (Reuters) - Mexico's top steelmaker is hoping to tap the country's ample shale gas reserves if an energy sector overhaul expected this year provides an opening, a senior executive with the company, Altos Hornos de Mexico (AHMSA), said on ...
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Soccer-Kagawa the dangerman for Japan says Italys De Rossi
Daniele De Rossi picked out Japan's Shinji Kagawa as the dangerman for his side ahead of their Confederations Cup match on Wednesday. "I only know three or four Japanese players and the most talked about is the one that plays for Manchester United, Kagawa, he is the star," De Rossi told reporters on Tuesday. "I think they are well organised and I think that means they ...
Making the news
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
Hotel Sofitel, New York City
This at the time of my stay was one of the newest hotels in New York, and merited a review ...
Keep readingHave Your Say
Should tax havens be forced to lift their shroud of secrecy?
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