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Toyota resumes expansion with new Mexico, China plants

Last Updated: Thursday, April 16, 2015, 05:06

Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on global rivals.

Payout from BP oil spill settlement tops $5 billion

Last Updated: Thursday, April 16, 2015, 03:55

The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out.

Toyota lifts new plant freeze with $1.0 bn Mexico factory

Last Updated: Wednesday, April 15, 2015, 19:06

The world`s biggest automaker Toyota, ending its freeze on building new factories, announced plans on Wednesday for a $1.0 billion plant in Mexico and another production line at a Chinese facility.

WTO rules against US in tuna label feud with Mexico, again

Last Updated: Tuesday, April 14, 2015, 23:50

US requirements on "dolphin safe" tuna labelling still discriminate against Mexican-caught tuna, according to a World Trade Organization ruling published Tuesday.

Toyota to build new plants in China, Mexico

Last Updated: Friday, April 3, 2015, 11:48

The cash is aimed at boosting its production capacity by some 300,000 units a year in a bid to better compete with global rivals, the Nikkei business daily said.

BP appeals US judge's ruling on size of Gulf oil spill

Last Updated: Tuesday, February 24, 2015, 08:53

BP Plc on Monday appealed a federal judge`s finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines.

Mexico says may sanction Google over data protection breach

Last Updated: Wednesday, January 28, 2015, 10:50

Mexico`s federal transparency body said on Tuesday it had initiated proceedings to impose sanctions on the Mexican unit of Google Inc for possible breach of the country`s data protection law.

AT&T to buy Nextel Mexico for $1.88 bn

Last Updated: Monday, January 26, 2015, 20:14

US telecom giant AT&T said Monday it would buy wireless carrier Nextel Mexico for $1.88 billion, in the second acquisition in three months in Mexico.

General Motors announces $3.6 bn investment in Mexico

Last Updated: Friday, December 12, 2014, 09:29

US auto giant General Motors (GM) on Thursday announced $3.6 billion in investment to be made in Mexico BY 2018.

Tens of thousands in Mexico protest energy reform

Last Updated: Saturday, February 1, 2014, 12:04

Tens of thousands of people have marched in Mexico City to protest constitutional reforms pushed through by President Enrique Pena Nieto that open the oil and gas industry to foreign investment.

Mexico nabs Knights Templar leader

Last Updated: Tuesday, January 28, 2014, 08:17

Mexican troops on Monday seized a high-ranking leader of the Knights Templar drug cartel, blamed for much of the crime in troubled Michoacan state, prosecutors said.

One dead, five wounded in vigilante clash in Mexico

Last Updated: Saturday, January 25, 2014, 00:33

One man is dead and five more are wounded following a clash between members of a vigilante "self-defence" group and suspected drug cartel gunmen in western Mexico.