Mexico's petrolium industry could soon be open to foreign investment. Legislation paves the way for foreign capital, leaving state run oil company Pemex open to competition.
Three people are dead and at least 60 injured after a daytime explosion struck a plant in the industrial port city of Coatzacoalcos. Surrounding areas were evacuated, schools shut and residents told to remain inside.
The German industrial conglomerate has announced a multi-million euro investment in Mexico, saying it is one of the 'most interesting markets' despite recent anti-Mexican rhetoric by the new US president Donald Trump.
A fence won't do; it has to be a wall: As of Monday, firms can bid on the huge project. Even though its benefits are disputed and its contract volume unsure, there is much interest in building the US border wall.
Politicians and investigators across Latin America demanded more information from Brazil-based construction company Odebrecht on Thursday after it admitted to a decade of immense bribe payments in the region.
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