Mexico’s most populous state approves same-sex marriage
MEXICO CITY (Reuters) – The congress of Mexico’s most populous state, State of Mexico, on Tuesday voted overwhelmingly to legally recognize same-sex marriage, becoming the …
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Mexico’s economic growth to slow in next few quarters- IMF
MEXICO CITY (Reuters) – Mexico’s growth is projected to slow in the next few quarters, despite the country’s fiscal and monetary policy putting it in …
Mexico’s president to strengthen anti-inflation plan
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Monday he will hold a meeting with his cabinet members to strengthen the …
Mexico’s economy seen reaching pre-pandemic levels in 2023, lagging peers -Fitch
MEXICO CITY (Reuters) – Mexico’s economy is forecast to finally claw its way back to pre-pandemic levels sometime next year, ratings agency Fitch Ratings said …
Mexico’s BMV could exit main index in latest ‘symptom of deterioration’
By Valentine Hilaire and Noe Torres MEXICO CITY (Reuters) – Mexico’s stock exchange operator (BMV) is a top candidate to be bumped from the country’s …
Mexico’s main stock index tips into bear market
MEXICO CITY (Reuters) – Mexico’s main stock index slid into a bear market Wednesday, falling to hit a 20% drop from its all-time closing high …
Analysis-Lithium experts skeptical on success of Mexico’s state-run miner
By Sarah Morland and Noe Torres MEXICO CITY (Reuters) – Mexican officials hope a newly created state-run lithium company will catapult the country to the …
Mexico’s inflation expected to hit 8.51% in first half of August: Reuters poll
MEXICO CITY (Reuters) – Mexico’s inflation likely accelerated in the first half of August, a Reuters poll showed Monday, hitting the upper end of the …
Mexico’s TV Azteca to appeal second ruling on tax dispute bill
MEXICO CITY – Mexico’s TV Azteca plans to appeal a court ruling ordering it to pay a further 2.62 billion Mexican pesos ($131 million) to …
Fitch downgrades Mexico’s Unifin on announced debt service cessation
MEXICO CITY – Fitch Ratings downgraded on Wednesday Mexican leasing firm Unifin’s long- and short-term foreign and local currency issuer default ratings (IDRs) to ‘C’ …
Exclusive: Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal
By Ana Isabel Martinez MEXICO CITY – Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that …
Mexico’s America Movil spins off Latin America tower business
MEXICO CITY – Mexican telecommunications giant America Movil said on Monday it had completed the planned spinoff of its Latin American cellular tower business, creating …
Mexico’s July inflation seen at highest level since 2000: Reuters poll
MEXICO CITY – Mexican inflation in July likely sped up again to a near-22-year high, a Reuters poll showed on Monday, fueling bets the country’s …
Credit Suisse says it has no big exposure to Mexico’s Credito Real
ZURICH – Credit Suisse is not exposed to any large losses among lenders to embattled Mexican firm Credito Real, the Swiss bank said on Saturday, …
U.S. Paystand, Mexico’s Yaydoo merge, to offer blockchain platform
MEXICO CITY – Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management …
Mexico’s Cemex posts earnings drop, cuts operating profit forecast
By Kannaki Deka and Isabel Woodford (Reuters) – Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings …
Mexico’s inflation higher than expected in early July
By Brendan O’Boyle MEXICO CITY – Mexican consumer prices rose higher than expected in early July, official data showed on Friday, boosting expectations of further …
Mexico’s Arrenda, aimed at making renting easy, raises $26.5 million in early round
By Kylie Madry MEXICO CITY – Mexican startup Arrenda, which offers advance payments to landlords upfront to lower barriers to renting in the country, raised …
Mexico’s Credito Real requests to enter U.S. Chapter 15 bankruptcy procedure
MEXICO CITY – Mexico’s Credito Real said on Tuesday it had requested to enter the U.S. Chapter 15 bankruptcy procedure as the company struggles to …
Mexico’s Credito Real says commercial court ordered its judicial liquidation
MEXICO CITY – A commercial court recognized the dissolution of Mexico’s Credito Real and ordered its judicial liquidation, the troubled payroll lender said in a …
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities …
‘Lack Of Control’: Mexico’s President Slams US Border Policies After San Antonio Tragedy
‘Lack Of Control’: Mexico’s President Slams US Border Policies After San Antonio Tragedy Jennie Taer on June 29, 2022 Mexican President Andres Manuel Lopez Obrador …
Mexico’s new airport gets boost from Panama’s Copa Airlines
PANAMA CITY – Panama’s Copa Airlines announced on Friday it is launching a route from Panama City to Mexico’s recently inaugurated Felipe Angeles International Airport, …
Leader of Mexico’s United Cartels Extradited to U.S. to Face Charges of Importing Over 1100 Pounds of Crystal Methamphetamine
Miami, Florida – Adalberto Fructuoso Comparan-Rodriguez, a/k/a “Fruto,” who is the former mayor of Aguililla, Mexico and, according to the allegations, a leader of the …
Mexico’s Volaris aims to lure bus travelers with help from new airports
By Kylie Madry MEXICO CITY – Mexican discount airline Volaris plans to lure lower income travelers who have traditionally stuck to bus travel due to …
Mexico’s Cemex to fully operate UK cement plant on alternative fuel
MEXICO CITY -Mexico’s Cemex, one of the largest concrete producers globally, said Monday it would fully operate a cement plant in the United Kingdom on …
Facing govt pressure, Mexico’s airlines return to forgotten airport
By Kylie Madry ACAPULCO, Mexico – Several Mexican airlines plan to resume operations at a little-used airport outside Mexico City after a decision to cap …
Mexico’s factories contract for 26th straight month, inflation near four-year high
MEXICO CITY – Mexico’s manufacturing sector contracted for the 26th month in a row in April, as factories responded to shrinking demand with a further …
Business group blasts Mexico’s new lithium law as violating trade deal
MEXICO CITY – A Mexican law that nationalizes its future lithium industry violates its trade obligations and could prove costly to the government if mining …
Mexico’s Inbursa says still interested in Citibanamex sale
MEXICO CITY – Mexican bank Inbursa remains interested in the sale of Citigroup’s Mexico retail operations, known as Citibanamex, and a bid will depend on …
Mexico’s Grupo Salinas vows to fight order to pay 2.447 billion pesos in tax dispute
MEXICO CITY – Mexico’s Grupo Salinas, the parent company of broadcaster TV Azteca, said on Tuesday it will keep fighting in a legal dispute that …
Mexico’s economy likely grew 1.1% in first quarter – Reuters poll
MEXICO CITY – Mexico’s economy is thought to have expanded between January and March for the first time in three quarters, driven by domestic consumption …
Mexico’s Banorte eyes Banamex, shares surge
By Kylie Madry MEXICO CITY -Mexico’s Banorte said on Friday that “non-disclosure agreements” had been signed as a preliminary step toward a possible bid for …
Mexico’s Coca-Cola FEMSA seals Campari distribution deal in Brazil
MEXICO CITY – Coca-Cola FEMSA has reached an agreement to distribute Campari Group products in Brazil, the Mexican bottling company said on Tuesday. Italy’s Campari, …
Subsidiary of Mexico’s Femsa agrees to acquire U.S. distributor Sigma Supply
MEXICO CITY – Mexican bottler and retailer FEMSA announced on Tuesday its U.S. subsidiary Envoy Solutions reached an agreement to acquire the distributor Sigma Supply …
Mexico’s Cartel Violence Spills Near Five-Star Resorts Where Tourists Are Their Drug Customers
Mexico’s Cartel Violence Spills Near Five-Star Resorts Where Tourists Are Their Drug Customers Jennie Taer on April 4, 2022 Tourists staying at luxury hotels in …
Mexico’s factories contract for 25th straight month, inflation rises
MEXICO CITY – Mexico’s manufacturing sector contracted for the 25th month in a row in March, amid rising inflation, global shortages of materials, and economic …
Air Canada signs interline agreement with Mexico’s Aeromar
MEXICO CITY – Carrier Air Canada and Mexico’s Aeromar signed an agreement to jointly market routes through Mexico, the airlines announced in a statement on …
Mexico’s Aeromexico rents nine Boeing planes in deal with Air Lease
MEXICO CITY – Mexican airline Aeromexico has reached an agreement to rent nine Boeing planes, Air Lease Corporation said on Friday, expanding the carrier’s fleet …
Mexico’s migration institute suspends operations in Tapachula after ‘violent’ incident
– Mexico’s National Migration Institute (INM) said on Friday it has temporarily suspended operations in the city of Tapachula, in Chiapas, after some staff were …
Mexico’s Grupo Aeromexico shares slump after public tender offer closes
MEXICO CITY, Mar 15 – Mexico’s Grupo Aeromexico shares plunged for a fourth day in a row on Tuesday after nearly a fifth of the …
Mexico’s Femsa eyes thousands more Oxxo stores across Latin America
By Valentine Hilaire and Kylie Madry MEXICO CITY – Mexican bottler and retailer Femsa plans to increase the number of its Oxxo convenience stores by …
Mexico’s Grupo Bimbo suspends operations in Ukraine plant, citing safety concerns
MEXICO CITY – Mexican breadmaker Grupo Bimbo said on Sunday it has temporarily suspended operations in its Dnipro plant to ensure the safety of its …
Mexico’s gas flaring soars, igniting fears for its climate goals
By Stefanie Eschenbacher PROCESADOR DE GAS CACTUS, Mexico – It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing …
U.S. states, other nations back Mexico’s lawsuit against gun makers
By Nate Raymond BOSTON – Thirteen U.S. states and two Latin America and Caribbean nations on Monday threw their support behind a lawsuit from Mexico …