Sunday 19 May 2013
 
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Mexico

Explosion at Mexican oil giant Pemex HQ kills 25

A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside. The mid-afternoon blast in a neighboring building

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Transocean to pay $1.4bn for role in BP oil spill

Transocean agreed to pay $1.4 billion to settle U.S. government charges over BP's massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly responsible. Transoce

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Dec 21: Making money on Maya mysticism

  A few words by an American scholar, a crumbling Mexican monument and the love of a good yarn were all it took to spawn the belief that the world could end this week.   December 21 marks the end of

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UAE signs double tax deal with Mexico

The UAE has signed an agreement with Mexico to avoid double taxation on income in a move aimed at strengthening mutual economic and trade relations between the two countries. This agreement also aims to develop investments between

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Magnitude 5.9 quake hits Mexico

A magnitude 5.9 earthquake hit Mexico on Thursday, at a depth of 6.2 miles (10 km), the US Geological Survey said. The USGS said it hit 10 miles west-southwest of Arcelia, Guerrero. The quake was felt in Mexico City, a Reuters rep

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Europe vows closer union at G20 summit

Under pressure from financial markets and anxious world leaders, Europe agreed on Monday to move towards a more integrated banking system to stem a debt crisis that threatens the survival of the euro. At a Group of 20 summit of the world&#

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Obama, Putin say Syria violence must end

US President Barack Obama and Russian President Vladimir Putin agreed on Monday that the violence in Syria has to end but they offered no new solutions and showed no signs of healing a rift over whether to impose tougher sanctions on Damascus.

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Strong earthquake rattles Mexico, two dead

A powerful 6.7 magnitude earthquake shook Mexico on Saturday, killing at least two people, knocking out lights in parts of the capital and sending people rushing into the streets. There were no immediate reports of severe damage or injurie

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Myriad to open offices in Dubai, India

Myriad Group, a global leader in mobile technology, said it plans to expand its global presence with the opening of new offices in India, Mexico and Dubai. The Switzerland-based group, which has shipped over 3.8 billion software applicatio

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Bahrain inks new tax accord with Mexico

Bahrain and Mexico have signed a convention on the avoidance of double taxation and prevention of fiscal evasion, in Washington. It was signed by Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa and Mexican Minister of Finance and Pub

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