(Reuters) – Wachovia Bank is in talks with the U.S. Justice Department to settle complaints relating to the alleged failure in bank controls that enabled Mexican exchange houses to launder drug money, the Wall Street Journal said, citing people familiar with the situation.

Wachovia in talks with U.S. to settle probe: report

The State Department authorized the departure from Mexico of dependents of U.S. consulate personnel in cities along the U.S.-Mexico border after three people connected with the American consulate in Ciudad Juarez were killed in drive-by shootings.

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U.S. Warns of Dangers in Mexico as Violence Increases (Update3)

LONDON (Reuters) – London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for $7 billion, as the U.S. producer refocuses on onshore U.S. fields.

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BP to pay Devon $7 billion for oil fields

Mexico’s Carlos Slim beat Bill Gates and Warren Buffett for the top spot on Forbes magazine’s annual list of billionaires, becoming the first person from outside the U.S. to lead the rankings in 16 years.

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Slim Overtakes Gates, Buffett to Become Forbes Richest Person

Billionaire Carlos Slim’s construction company is poised to win the biggest of three toll- road contracts in Mexico, beating Empresas ICA SAB, the nation’s largest builder, Credit Suisse Group AG said.

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Slim Poised to Beat ICA for Mexican Highway Projects (Update2)

Mexico’s government may increase its 2010 economic growth forecast for a second time this year if the country’s recovery continues and budget and growth concerns in Europe subside, said Miguel Messmacher, chief economist for the Finance Ministry.

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Mexico Ministry May Increase 2010 GDP Forecast Again (Update1)

NEW YORK (Reuters) – News Corp Chief Executive Rupert Murdoch said on Tuesday he didn’t believe speculation that New York Times Co would be bought by Mexican billionaire Carlos Slim.

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Murdoch doubts NY Times Slim sale speculation

NEW YORK (Reuters) – News Corp Chief Executive Rupert Murdoch said on Tuesday he didn’t believe speculation that New York Times Co would be bought by Mexican billionaire Carlos Slim.

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Murdoch doubts N.Y. Times Slim sale speculation

MEXICO CITY (Reuters) – Mexican billionaire Carlos Slim is “happy” with his current investment in New York Times Co, one of his close aides told Reuters on Monday.

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Mexico’s Slim happy with current NY Times stake

NEW YORK (Reuters) – Citigroup Inc’s board is reshuffling, with former AT&T and Xerox executives Michael Armstrong and Anne Mulcahy stepping down and former Mexican President Ernesto Zedillo in line to join.

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Citi board; Armstrong, Mulcahy out, Zedillo in

NEW YORK (Reuters) – Citigroup Inc’s board is reshuffling, with former AT&T and Xerox executives Michael Armstrong and Anne Mulcahy stepping down and former Mexican President Ernesto Zedillo in line to join.

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Citi rejigs board; Armstrong, Mulcahy out, Zedillo in

A year after a widening budget gap made Mexico a laggard in emerging markets, the nation has “solid” finances that shield it from growing investor concern about countries’ ability to service debt, said Deputy Finance Minister Alejandro Werner.

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Mexico Budget to Ward Off ‘Debt Scares,’ Werner Says (Update2)

Mexican and Brazilian credit-default swaps reached “fair value” after the difference in cost of insuring the two countries’ bonds vanished this week, Barclays Plc said.

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Mexico-Brazil CDS Trade Loses ‘Juice,’ Barclays Says (Update1)

Mexico’s government may sell one of its 11 sugar mills after prices for the sweetener almost reached a three-decade high this month, said Agriculture Minister Francisco Mayorga.

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Mexico Quickens Mill Divestitures on Sugar Prices (Update1)

Mexico’s central bank will probably keep its benchmark interest rate unchanged today on the view that a recovering economy isn’t fueling inflation and increases in state-controlled prices and taxes aren’t causing second-round effects.

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Mexico May Keep Rate at 4.5% to Help Foster Economic Recovery