Brother of one of Mexico’s most wanted drug capos arrested
By Lizbeth Diaz MEXICO CITY (Reuters) – The brother of Nemesio Oseguera, one of Mexico’s most wanted drug runners, was arrested by Mexican authorities Tuesday morning in the state of…
By Lizbeth Diaz MEXICO CITY (Reuters) – The brother of Nemesio Oseguera, one of Mexico’s most wanted drug runners, was arrested by Mexican authorities Tuesday morning in the state of…
(Corrects spelling of company in 8th paragraph and last name in 9th paragraph) By Valentine Hilaire MEXICO CITY (Reuters) -Mexican private equity manager AINDA expects to raise $600 million for…
MEXICO CITY (Reuters) – Mexico’s Banca Mifel is still in the bidding process for Citigroup’s Mexican retail bank Citibanamex, Mifel’s head Daniel Becker told Reuters on Wednesday. Speaking at an…
MEXICO CITY (Reuters) – Mexican brokerage Grupo Financiero Monex launched a public tender offer on Friday for its shares, priced at 668.23 million pesos ($33.85 million), as the company moves…
MEXICO CITY (Reuters) – Mexico’s headline inflation likely continued to slow in November, a Reuters poll showed Monday, opening the door for the Bank of Mexico to opt for a…
MEXICO CITY (Reuters) – Mexico’s manufacturing sector expanded for a third straight month in November, picking up its pace of growth slightly, as tentative signs pointed to a recovery in…
By Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s energy ministry tried earlier this year to block the publication of stricter rules on natural gas flaring, according to documents seen by…
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and to do so prematurely could weaken the peso currency, Bank…
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil will propose reclassifying three of its share series to shareholders, the company said Tuesday. The “AA,” “A” and “L” share series…
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil will propose reclassifying three of its share series to shareholders, the company said Tuesday. The “AA,” “A” and “L” share series…
MEXICO CITY (Reuters) -Fitch Ratings on Friday downgraded Mexican leasing firm Unifin Financiera’s long and short-term local and foreign currency issuer default ratings (IDRs) to ‘D’ from ‘RD’ due to…
WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai discussed differences with Mexico over its energy sector and U.S. corn exports in a virtual meeting on Thursday with Mexican Economy Minister Raquel Buenrostro,…
MEXICO CITY (Reuters) – Mexico’s manufacturing sector grew, albeit slightly, for the second straight month in October, though challenges persisted, as stubbornly high inflation was one of several factors weighing…
By Kylie Madry MEXICO CITY (Reuters) – Mexican bottler and retailer FEMSA is banking on an expansion of Swiss kiosk operator Valora in upcoming quarters as well as a business-to-business…
By David Shepardson WASHINGTON (Reuters) – Mexico is making progress towards recovering its Category 1 aviation rating, but the U.S. Federal Aviation Administration (FAA) has not yet approved a plan,…
MEXICO CITY (Reuters) – Mexico’s economy likely grew between July and September for the fourth consecutive quarter, though at a slower rate due to a slowdown in the United States,…
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican bottler and retailer Femsa posted a drop in third-quarter net profit on Friday to 10.75 billion pesos ($534.10 million),…
MEXICO CITY (Reuters) – Mexico’s economic activity indicators in the third quarter point to economic growth in line with forecasts of 2.4% annual growth in 2022, the country’s finance ministry…
(Reuters) – Grupo Televisa, Mexico’s largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier, boosted by lower financial expenses. The company posted a net…
MEXICO CITY (Reuters) – Mexican restaurant operator Alsea reported on Thursday a 83% jump in its third-quarter net profit, hitting 316.7 million pesos ($15.7 million), partly boosted by strong same…
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) -Mexican cement producer Cemex posted a profit for the third quarter Thursday on higher prices, though shares slid after it missed…
MEXICO CITY (Reuters) – Lawmakers in Mexico’s southern border state of Quintana Roo voted on Tuesday to decriminalize abortion, making it the 11th in a string of states to rewrite…
MEXICO CITY (Reuters) – Mexico’s TV Azteca posted a 96% annual fall in its third-quarter net profit on Tuesday, hurt largely by higher income taxes, according to a financial filing.…
By Valentine Hilaire MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte said on Friday it had pulled out of the bidding process for Citigroup’s local retail arm Banamex, leaving just a…
MEXICO CITY (Reuters) – Mexican headline inflation is forecast to have slowed slightly in the first half of October, a Reuters poll showed on Friday, though it likely did not…