Mexico's President Andrés Manuel López Obrador said there was no major damage following a 7-magnitude earthquake that struck near the Pacific resort city of Acapulco on Tuesday night, Authorities have reported one death, a man who was on his motorcycle. The death occurred in nearby Coyuca de Benitez, in the Mexican state of Guerrero. "The fact that the alarm rang helped. It worked. This must be highlighted, recognized," López Obrador added, referring to the seismic alarm system that warned about the quake seconds before it happened. Many Acapulco residents slept outside overnight, as more than 150 aftershocks continued to rattle the hills. The U.S. Geological Survey said the quake had a preliminary magnitude of 7 and was centered 17 kilometers (about 10 miles) northeast of Acapulco. The tremor caused landslides, but major highways were open. The Acapulco airport had suspended operations, but the company operating it said it planned to resume normal operations by midday. Rumors of a possible tsunami caused panic in some low-lying neighborhoods immediately after the earthquake, driving residents to higher ground, but an alert was never issued and no change in the sea level was nrecorded. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake