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Mexico’s state oil giant Pemex on Wednesday reported a nearly $2.7 billion loss in the first quarter. Pemex, which provides a third of Mexico’s government revenue, had a $327 million loss in the same quarter of 2013. The company saw a net loss of $12…

The mammoth project to refloat the doomed Costa Concordia cruise ship has been suspended until a decision is made over which port will scrap the wreck, Italian media said Wednesday. The ship’s owner Costa has decided temporarily to halt the unprecedented…

Ten migrants have died among some 300 abandoned by smugglers in the scorching Sudanese-Libyan desert, with the others in poor condition, Sudanese officials said Wednesday. “They are hungry and thirsty,” Abdelaziz Hassan Salih, a senior official of Sudan…