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Mexico's Pemex submits list of desired oil fields

Mexico City, Mar 22 (EFE).- Mexican state-owned oil giant Petroleos Mexicanos said it informed the Energy Secretariat of the oil fields it would like to keep in the wake of an historic energy overhaul, including areas it has been exploring and others already under production. The company said in a statement that it submitted the list by Friday's deadline in compliance with the terms of last year's overhaul, which ended its monopoly on crude development.

Mexico bill to curb Slim's empire due this week: lawmaker

By Dave Graham MEXICO CITY (Reuters) - Mexico will send legislation to Congress this week to flesh out a reform that seeks to curb the power of telecoms mogul Carlos Slim and the country's top broadcaster, Televisa, a senior lawmaker said on Wednesday. Slim and Televisa have dominated their industries in Mexico for years, and one aim of the shake-up is to cut their share of the market to below 50 percent.

Mexico's top crime-fighter to resign

Mexico City, Mar 17 (EFE).- The head of Mexico's National Security Commission is stepping down after a little more than a year in the post, the government said, confirming press reports. Manuel Mondragon will officially announce his resignation on Tuesday, Government Secretary Miguel Angel Osorio Chong said on Twitter. Osorio Chong, the No. 2 official in the Mexican government, said he accepted Mondragon's request "to withdraw from the operational field and become part of strategic planning tasks."

Senior Mexican anti-drug official resigns

Mexico's national security commissioner, one of the most senior officials in charge of the country's war on drugs, has resigned, a top government official said Sunday. Interior Minister Miguel Angel Osorio Chong gave no reason for the resignation of Manuel Mondragon y Kalb, who he said would remain in government. "I accepted a request by (Mondragon y Kalb) to retire from the field of operations," Osorio Chong wrote on Twitter.

Mexico's national security commissioner resigns

MEXICO CITY (Reuters) - Mexico's national security commissioner Manuel Mondragon has resigned, the interior minister said on Sunday, raising questions about the government's strategy to stamp out organized crime. "I accepted the request by (Mondragon) to retire from the field," Interior Minister Miguel Angel Osorio Chong said on his Twitter account.

Mexico's Inbursa to acquire Standard Bank Group's Brazil unit

Mexico City, Mar 15 (EFE).- Grupo Financiero Inbursa, the bank controlled by Mexican multi-billionaire Carlos Slim, said it had agreed to acquire the Brazilian unit of South Africa's Standard Bank Group for approximately $45 million. The deal is still subject to regulatory approval in Brazil, Mexico and South Africa, Inbursa said in a filing with the Mexican Stock Exchange.

Scores of agave products hit the market in Mexico

Mexico City, Mar 10 (EFE).- Cosmetics, pharmaceuticals and foods are among the products being made from agave in Mexico, where the plant provides the raw material for tequila and mezcal, but the cactus is in short supply, pushing up prices. "We are clearly seeing a rise in the price of agave because this has always been the industry that feels it the most," Mexican Mezcal Quality Regulation Council, or Comercam, president Hipocrates Nolasco told Efe.

Mexican regulators declare America Movil, Televisa to be dominant

Mexico City, Mar 8 (EFE).- America Movil will face asymmetrical regulation in areas including interconnection and infrastructure sharing after being declared the dominant player in Mexico's telecommunications sector, the company said. Friday's announcement by the Carlos Slim-controlled company came just hours after Grupo Televisa said it was named "preponderant economic agent" in the broadcasting market, a label that latter company said would imply a series of "substantial and restrictive measures, terms, conditions and obligations."

Mexico places restrictions on Slim, America Movil

Mexican regulators said Friday that the country's main television network and Carlos Slim's telecom company were "preponderant" market players and ordered them to open up to competitors. Slim-controlled America Movil said it was reviewing the Federal Telecommunications Institute's decision, which included regulations to eliminate national phone roaming charges and improve information for consumers and quality of service.

Mexico regulator says Slim's America Movil dominant in telco

MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's telecoms giant America Movil said on Friday it had been declared dominant in the telecoms sector by a new watchdog as widely expected, amid a government push to boost competition. Earlier in the day the regulator also declared as dominant in telecoms Slim's bank Inbursa and conglomerate Grupo Carso, which both have direct or indirect stakes in America Movil. It cited their "economic interests".
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