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mexico’s

BBVA, Santander, BofA want to back Mexico’s $6 billion power deal – Bloomberg News

April 13, 2023
Bbva, santander, bofa want to back mexico's $6 billion power deal - bloomberg news - photo licensed by shore news network.

(Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power …

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Mexico’s Immigration Chief To Face Charges For Fire That Killed 40 Migrants

April 12, 2023
Handcuffs used during police arrest.

Mexico’s Immigration Chief To Face Charges For Fire That Killed 40 Migrants Jennie Taer on April 12, 2023 Mexico’s immigration chief is expected to face …

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Mexico’s automotive production and exports rise in March

April 10, 2023
Mexico's automotive production and exports rise in march - photo licensed by shore news network.

(Reuters) – Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEGI) showed …

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Mexico’s Banorte to add 800 jobs to tap into nearshoring

March 29, 2023
Mexico's banorte to add 800 jobs to tap into nearshoring - photo licensed by shore news network.

NEW YORK (Reuters) – Mexican lender Grupo Financiero Banorte is preparing to hire 800 new employees to tap into growing demand from global companies moving …

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Marjorie Taylor Greene Accuses Canada Of Wanting ‘To Participate In Mexico’s Invasion’ Of The US

March 29, 2023March 28, 2023
Marjorie taylor greene accuses canada of wanting ‘to participate in mexico’s invasion’ of the us - photo licensed by shore news network.

Marjorie Taylor Greene Accuses Canada Of Wanting ‘To Participate In Mexico’s Invasion’ Of The US Jennie Taer on March 28, 2023 Republican Georgia Rep. Marjorie …

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Shares in Mexico’s TV Azteca up more than 5% after Q4 results

March 28, 2023
Shares in mexico's tv azteca up more than 5% after q4 results - photo licensed by shore news network.

MEXICO CITY (Reuters) – Shares in Mexican broadcaster TV Azteca rose more than 5% on Tuesday, a day after the publication of its fourth quarter …

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Mexico’s top central banker: Mexican banks robust, have sufficient cash

March 16, 2023
Mexico's top central banker: mexican banks robust, have sufficient cash - photo licensed by shore news network.

MERIDA, Mexico (Reuters) – Bank of Mexico Governor Victoria Rodriguez vouched for the country’s banking system on Thursday, calling it robust and sufficiently liquid, just …

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Mexico’s Mifel head says still bidding for Citigroup’s Mexican retail unit

March 15, 2023
Mexico's mifel head says still bidding for citigroup's mexican retail unit - photo licensed by shore news network.

By Valentine Hilaire and Noe Torres MERIDA, Mexico (Reuters) – Mexico’s Mifel bank is still in the bidding process for Citigroup’s Mexican retail bank Citibanamex, …

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Mexico’s top diplomat stresses cooperation with U.S. versus intervention

March 10, 2023
Mexico's top diplomat stresses cooperation with u. S. Versus intervention - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexico’s top diplomat on Friday criticized comments by former U.S. Attorney General William Barr, who had called for increased U.S. involvement …

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Mexico’s core prices slow more than expected in February

March 9, 2023
Mexico's core prices slow more than expected in february - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexico’s core consumer prices slowed by more than expected in the year to February, data from statistics agency INEGI showed on …

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Mexico’s Televisa reaches $95 million investor settlement over FIFA bribery role

March 1, 2023
Mexico's televisa reaches $95 million investor settlement over fifa bribery role - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) – Grupo Televisa SAB has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican …

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Bank of Mexico’s Mejia says pace of rate hikes could slow down

March 1, 2023
Bank of mexico's mejia says pace of rate hikes could slow down - photo licensed by shore news network.

MEXICO CITY (Reuters) – Omar Mejia, recently appointed deputy governor of Mexico’s central bank, said on Wednesday the institution could consider slowing the pace of …

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Mexico’s Alsea profit slides as rising costs, exchange rate, taxes bite

February 27, 2023

MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by …

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After Aeromar’s grounding, Mexico’s aviation workers see turbulent horizon

February 23, 2023
After aeromar's grounding, mexico's aviation workers see turbulent horizon - photo licensed by shore news network.

By Kylie Madry MEXICO CITY (Reuters) – After Mexican regional carrier Aeromar shuttered its operations last week, workers in the country’s aviation sector are bracing …

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U.S. ‘disappointed’ in Mexico’s new GMO corn decree -ag secretary

February 14, 2023
U. S. 'disappointed' in mexico's new gmo corn decree -ag secretary - photo licensed by shore news network.

By Leah Douglas WASHINGTON (Reuters) – The United States said on Tuesday it was “disappointed” in the Mexican government’s announcement the previous day which walked …

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Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent

February 14, 2023
Mexico's top diplomat says met with tesla brass, 'good news' imminent - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, teasing that “good news” …

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Mexico’s Cemex posts surprise quarterly loss; shares drop

February 13, 2023
Mexico's cemex posts surprise quarterly loss; shares drop - photo licensed by shore news network.

By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican cement producer Cemex posted an unexpected fourth-quarter loss on Monday, logging hefty one-off charges …

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Cargo airlines have until July to move flights from Mexico’s capital airport

February 2, 2023
Cargo airlines have until july to move flights from mexico's capital airport - photo licensed by shore news network.

MEXICO CITY (Reuters) – Cargo airlines operating out of Mexico’s busiest airport will have until July to leave the hub, a decree published in the …

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Arizona gun dealers seek to dismiss Mexico’s arms trafficking suit

January 30, 2023

By Nate Raymond and Brendan O’Boyle MEXICO CITY (Reuters) – Five U.S. gun dealers filed a motion late Friday in a U.S. court to dismiss …

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U.S. raises ‘grave concerns’ over Mexico’s agricultural biotech policy

January 23, 2023
U. S. Raises 'grave concerns' over mexico's agricultural biotech policy - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. officials raised “grave concerns” over Mexico’s agricultural biotechnology policies in meetings with their Mexican counterparts on Monday, the office of U.S. …

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Mexico’s buck-toothed cartoon president ruled ‘electoral violation’

January 11, 2023
Mexico's buck-toothed cartoon president ruled 'electoral violation' - photo licensed by shore news network.

MEXICO CITY (Reuters) – A buck-toothed cartoon version of Mexico’s president constitutes an “electoral violation,” the country’s electoral tribunal ruled Wednesday, arguing use of the …

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Explainer-Why Ovidio Guzman is one of Mexico’s most wanted men

January 5, 2023
Explainer-why ovidio guzman is one of mexico's most wanted men - photo licensed by shore news network.

By Brendan O’Boyle MEXICO CITY (Reuters) – Mexican security forces on Thursday arrested cartel leader Ovidio Guzman, son of incarcerated kingpin Joaquin “El Chapo” Guzman, …

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Migrants crowd Mexico’s refugee offices amid fears of U.S. policy change

January 4, 2023
Migrants crowd mexico's refugee offices amid fears of u. S. Policy change - photo licensed by shore news network.

By Lizbeth Diaz and Jose Torres TAPACHULA/MEXICO CITY (Reuters) – Thousands of migrants have flocked to government offices in southern Mexico seeking asylum since the …

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Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023

December 29, 2022December 29, 2022
Analysis-is the party over? Mexico's peso could lose solid gains in 2023 - photo licensed by shore news network.

By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its …

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Mexico’s newest oil refinery now seen working at half capacity in mid-2023

December 24, 2022
Mexico's newest oil refinery now seen working at half capacity in mid-2023 - photo licensed by shore news network.

By Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the …

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Brother of one of Mexico’s most wanted drug capos arrested

December 20, 2022
Brother of one of mexico's most wanted drug capos arrested - photo licensed by shore news network.

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 …

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Mexico’s AINDA seeks $600 million to kickstart fund, Colombian business

December 20, 2022December 20, 2022

(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 …

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Chief of Mexico’s Mifel says it is still in bidding process for Citibanamex

December 14, 2022December 14, 2022
Chief of mexico's mifel says it is still in bidding process for citibanamex - photo licensed by shore news network.

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 …

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Mexico’s Monex launches share buyback in move toward market exit

December 9, 2022
Mexico's monex launches share buyback in move toward market exit - photo licensed by shore news network.

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 …

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Mexico’s inflation seen slowing pace in November, ahead of cbank decision

December 5, 2022
Mexico's inflation seen slowing pace in november, ahead of cbank decision - photo licensed by shore news network.

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 …

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Mexico’s factories grow again amid sales improvement, job creation

December 1, 2022
Mexico's factories grow again amid sales improvement, job creation - photo licensed by shore news network.

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 …

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Exclusive-To protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules: documents

December 1, 2022
Exclusive-to protect pemex, mexico's energy ministry tried to block stricter flaring rules: documents - photo licensed by shore news network.

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, …

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Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says

November 23, 2022
Mexico's central bank not about to 'decouple' from fed on rates, board member says - photo licensed by shore news network.

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 …

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Mexico’s America Movil to propose combination of share series

November 22, 2022
Mexico's america movil to propose combination of share series - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil will propose reclassifying three of its share series to shareholders, the company said Tuesday. The “AA,” …

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Mexico’s America Movil to propose combination of share series

November 22, 2022
Mexico's america movil to propose combination of share series - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil will propose reclassifying three of its share series to shareholders, the company said Tuesday. The “AA,” …

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Fitch downgrades Mexico’s Unifin to ‘D’ on bankruptcy proceedings

November 18, 2022

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 …

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USTR Tai, Mexico’s economy minister discuss energy, corn exports

November 3, 2022

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 …

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Mexico’s factories grow for 2nd month in a row; inflation bites again

November 1, 2022
Mexico's factories grow for 2nd month in a row; inflation bites again - photo licensed by shore news network.

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 …

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Mexico’s FEMSA plans push for European kiosks, B2B fintech

October 31, 2022October 31, 2022
Mexico's femsa plans push for european kiosks, b2b fintech - photo licensed by shore news network.

By Kylie Madry MEXICO CITY (Reuters) – Mexican bottler and retailer FEMSA is banking on an expansion of Swiss kiosk operator Valora in upcoming quarters …

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FAA says has not approved Mexico’s plan to regain Category 1 aviation rating- source

October 28, 2022

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 …

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Mexico’s economy seen growing in Q3, but at slower pace – Reuters poll

October 28, 2022October 28, 2022
Mexico's economy seen growing in q3, but at slower pace - reuters poll - photo licensed by shore news network.

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 …

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Mexico’s FEMSA posts drop in Q3 earnings on increased costs

October 28, 2022
Mexico's femsa posts drop in q3 earnings on increased costs - photo licensed by shore news network.

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 …

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Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry

October 28, 2022October 28, 2022
Mexico's q3 economic activity points to 2. 4% annual growth -finance ministry - photo licensed by shore news network.

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 …

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Mexico’s Televisa posts 47% jump in Q3 net profit

October 27, 2022

(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. …

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Mexico’s Alsea posts 83% jump in Q3 net profit

October 27, 2022

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), …

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Mexico’s Cemex posts third-quarter profit after raising prices

October 27, 2022October 27, 2022
Mexico's cemex posts third-quarter profit after raising prices - photo licensed by shore news network.

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 …

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Mexico’s border state Quintana Roo becomes 11th to allow abortion

October 26, 2022

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 …

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Mexico’s TV Azteca Q3 net profit falls 96% on higher taxes and expenses

October 25, 2022
Mexico's tv azteca q3 net profit falls 96% on higher taxes and expenses - photo licensed by shore news network.

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, …

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Mexico’s Banorte drops out of bidding for Citi’s Banamex retail arm

October 21, 2022
Mexico's banorte drops out of bidding for citi's banamex retail arm - photo licensed by shore news network.

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 …

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Mexico’s inflation seen slowing a bit in first half of October – Reuters poll

October 21, 2022
Mexico's inflation seen slowing a bit in first half of october - reuters poll - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican headline inflation is forecast to have slowed slightly in the first half of October, a Reuters poll showed on Friday, …

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