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Oil prices fell Tuesday as fears eased aoout a possible disruption of production in the Gulf of Mexico from a tropical storm. July 22 (Bloomberg) -- Mexico's bonds fell, pushing yields on the benchmark security to a one-week high, after economists in a survey raised year-end inflation forecasts while expecting central bankers to raise lending rates next month. Computer printer maker Lexmark International Inc on Tuesday reported an increase in quarterly profit on higher corporate sales and said it plans to close a factory in Mexico that will affect 650 jobs. July 22 (Bloomberg) -- Mexico's peso climbed to a five-year high as economists predicted central bank policy makers will raise borrowing costs for a third month when they meet in August to curb the highest inflation in more than three years.
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