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POLL-Yuan, rupee forecast to weaken slightly over coming year

"While China's economy appeared to have stabilized lately, worries over longer term structural problems have not gone away," said Philip Wee, currency strategist at DBS in Singapore. "There is incentive for China to not only keep the yuan stable, but also keep the spread between the onshore CNY and offshore CNH narrow." The yuan, also called the renminbi, is traded both...

Source: Reuters

Mexico oil regulator sweetens terms for December deepwater auction

MEXICO CITY, April 14- Mexico's oil regulator voted on Thursday to improve the terms for its first-ever deepwater auction in December, giving energy companies and investors more flexibility to structure their bids as oil prices have slumped over the past two years. "The importance of this rule is it provides flexibility to form consortia," CNH President Juan...

Source: Reuters

CNH takes $500 mln charge over EU cartel probe

MILAN, March 25- Truck and tractor maker CNH Industrial said it was booking a $500 million charge in relation to a European Commission cartel investigation that could lead to heavy fines for some of the world's biggest truckmakers. Volvo has set aside a provision of 400 million euros, while Daimler has booked a charge of 600 million euros. Back then, Daimler, Volvo...

Source: Reuters

Mexico's first-ever deep water Gulf oil auction set for Dec 5

MEXICO CITY, Feb 26- Contract awards for Mexico's first-ever deep water oil auction covering ten potentially lucrative blocks are expected to take place on Dec. 5, oil regulator CNH said on Friday, a tender that will test investor interest given a worldwide price slump. The ten blocks are located in the country's territorial waters in the Gulf of Mexico.

Source: Reuters

MEXICO OIL REGULATOR CNH PROPOSES AWARDS FOR EXPLORATION AND PRODUCTION CONTRACTS FOR DEEP WATER AUCTION ON DEC 5

MEXICO OIL REGULATOR CNH PROPOSES AWARDS FOR EXPLORATION AND PRODUCTION CONTRACTS FOR DEEP WATER AUCTION ON DEC 5.

Source: Reuters