White House: US condemns Ecuador’s armed raid of Mexico’s embassy
(Reuters) – The United States condemned on Tuesday Ecuador’s use of force against embassy officials after its police and soldiers raided Mexico’s embassy last week to arrest former Vice President Jorge Glas.…
New ‘final salary’ pensions proposed by Mexico’s president to be capped
By Ana Isabel Martinez MEXICO CITY (Reuters) – A reform proposed by Mexican President Andres Manuel Lopez Obrador for retirees to have a pension equal to their final salary will come with…
Mexico’s Banorte launches digital bank bineo
By Noe Torres MEXICO CITY (Reuters) – Grupo Financiero Banorte, one of Mexico’s largest financial companies, on Monday launched bineo, a digital bank which will offer savings accounts and personal loans with…
Mexico’s Televisa close to launching sports and gaming spin-off
MEXICO CITY (Reuters) – Mexico’s Grupo Televisa is set to launch the spin-off of its sports, gaming and some editorial operations in February, to focus in its core business, documents published by…
Mexico’s headline inflation likely ticked higher in December- Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely sped up slightly in December for the second consecutive month, a Reuters poll showed on Monday, while the closely monitored core rate was expected…
Migrants from southern Mexico’s dispersed caravan pin hopes on permits
By Jose Torres MAPASTEPEC, Mexico (Reuters) – Thousands of people from a 4,000-strong migrant caravan that has been crossing southern Mexico by foot since Christmas Eve dispersed on Tuesday as they boarded…
Mexico’s Nuevo Leon state gives Tesla $153 million in incentives for factory
MEXICO CITY (Reuters) -Mexico’s northern state of Nuevo Leon approved $153 million in incentives for Tesla as the carmaker prepares to build a factory, the state government said in a statement on…
Mexico’s Samuel Garcia pulls out of 2024 presidential race
MEXICO CITY (Reuters) – Samuel Garcia, one of the two main opposition hopefuls competing in Mexico’s 2024 presidential election, has withdrawn from the contest to return to his post as governor of…
Mexico’s America Movil denies report it’s eyeing Argentine telecoms firm Arsat
MEXICO CITY (Reuters) – America Movil, the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei’s team to buy…
US judge dismisses involuntary bankruptcy against Mexico’s TV Azteca
MEXICO CITY (Reuters) – A U.S. judge has dismissed an involuntary bankruptcy case against Mexican broadcaster TV Azteca, controlled by Mexican billionaire Ricardo Salinas Pliego, stemming from a petition filed by bondholders…
Biden to meet Mexico’s president on Friday at APEC summit -White House
WASHINGTON (Reuters) – U.S. President Joe Biden will meet with Mexican President Andres Manuel Lopez Obrador on Friday on the sidelines of the APEC Economic Leaders’ forum in San Francisco, the White…
Mexico’s ruling party again picks woman to run for mayor of capital
By David Alire Garcia MEXICO CITY (Reuters) – Mexico’s ruling party on Saturday picked veteran politician Clara Brugada to be its candidate for Mexico City mayor, placing her in a strong position…
Mexico’s automotive production, exports rise in October
(Reuters) – Mexico’s automotive production and exports rose in October from a year earlier, data from national statistics agency INEGI showed on Tuesday. Production increased by 35.77% to 378,129 vehicles and auto…
Musk’s Starlink wins bid to roll out Mexico’s rural satellite internet -documents
MEXICO CITY (Reuters) – Starlink, the satellite internet service of billionaire Elon Musk’s rocket manufacturer SpaceX, has won a tender from Mexico’s state energy firm to provide services through December 2026, according…
Mexico’s Cemex Q3 profit slides on year-ago asset sales, as taxes bite
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales last year…
Mexico’s lower house OKs major tax cut for indebted state-run Pemex
MEXICO CITY (Reuters) – Mexico’s lower house moved to cut a profit sharing rate owed by state-owned oil giant Pemex to 30%, from its current 40%, as part of a sweeping 2024…
Mexico’s Sheinbaum holds commanding lead in presidency race – polls
MEXICO CITY (Reuters) – Former Mexico City Mayor Claudia Sheinbaum has a commanding lead over her nearest rival in the contest to win Mexico’s presidential election next year, opinion polls showed on…
Mexico’s inflation eases further in September, still above bank target
(Reuters) -Mexico’s annual inflation eased in September for the eighth consecutive month and stood at 4.45%, still above the central bank’s target, data on Monday showed, supporting forecasts the bank will keep…
Mexico shares suffer worst daily drop in nearly 3 years, battered by airport operators
By Noe Torres MEXICO CITY (Reuters) -Mexico’s main stock index posted its worst daily performance since January 2021 on Thursday, dragged down by a sharp sell-off in the country’s main airport operators…
Mexico’s Banorte plans to hire up to 1,200 people to tap into nearshoring
By Marion Giraldo MEXICO CITY (Reuters) – Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from…
Corpses, body parts of 12 people strewn across Mexico’s Monterrey in spate of violence
By Laura Gottesdiener MONTERREY, Mexico (Reuters) -The mutilated corpses and dismembered body parts of 12 people were dumped in seven locations across the metropolitan area of the Mexican city of Monterrey on…
Mexico’s election year deficit plan fuels fear over finances
By Dave Graham and Diego Oré MEXICO CITY (Reuters) – The Mexican government’s plan to run up the biggest budget deficit in decades during the 2024 general election year could put pressure…
Mexico’s Sheinbaum eyes historic presidency as guardian of Lopez Obrador legacy
By Dave Graham MEXICO CITY (Reuters) – In a grainy 1991 black and white photograph, Claudia Sheinbaum – the favorite to be Mexico’s next president – holds aloft a banner reading ‘Fair…
Mexico’s core inflation to fall to lowest level since late 2021 in August: Reuters poll
MEXICO CITY (Reuters) – Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to return to 2021 levels, a Reuters poll showed on…
Mexico’s Sheinbaum grows lead in presidency race ahead of decision-poll
MEXICO CITY (Reuters) – Former Mexico City Mayor Claudia Sheinbaum has increased her lead in the race to be ruling party candidate in next June’s presidential election with just days to go…
Mexico’s Sheinbaum grows lead for ruling party presidential ticket -poll
MEXICO CITY (Reuters) – Former Mexico City Mayor Claudia Sheinbaum has grown her lead to a 13-point advantage in the contest to be the ruling party’s candidate in Mexico’s 2024 presidential election,…
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