REUTERS SHOWCASE
BRIC Stocks
Stocks from the so-called BRIC group are starting to move in lock-step with developed market indices. Full Article
Ferrari Recall
Ferrari said it is recalling more than 1,240 of its 458 Italia supercars to replace an adhesive prone to melting. Full Article | Slideshow
Oil Spill Costs
BP said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion. Full Article
Gold ETFs
Here we explain what are gold ETFs and why they might be preferable to owning physical gold. Full Article
Mexico replaced 74.9 pct of oil, gas output in 2009
MEXICO CITY, March 3 |
MEXICO CITY, March 3 (Reuters) - Mexico discovered new proven oil and gas reserves sufficient to replace 74.9 percent of production in 2009, according to a preliminary estimate released by state oil monopoly Pemex on Wednesday.
Pemex [PEMX.UL] said its preliminary estimate of reserves replacement under the wider definition of proven, probable and possible reserves was 157.9 percent of 2009 production. (Reporting by Robert Campbell)









