(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 plants from Spain’s Iberdrola, Bloomberg …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Mexico’s Immigration Chief To Face Charges For Fire That Killed 40 Migrants
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 charges in connection with a …
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(Reuters) – Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEGI) showed on Monday. Production increased by …
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NEW YORK (Reuters) – Mexican lender Grupo Financiero Banorte is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Marjorie Taylor Greene Accuses Canada Of Wanting ‘To Participate In Mexico’s Invasion’ Of The US
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 Taylor Greene accused Canada of …
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MEXICO CITY (Reuters) – Shares in Mexican broadcaster TV Azteca rose more than 5% on Tuesday, a day after the publication of its fourth quarter 2022 results. The company posted …
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Business News
Mexico’s top central banker: Mexican banks robust, have sufficient cash
by Reutersby ReutersMERIDA, Mexico (Reuters) – Bank of Mexico Governor Victoria Rodriguez vouched for the country’s banking system on Thursday, calling it robust and sufficiently liquid, just days after banking woes struck …
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Business News
Mexico’s Mifel head says still bidding for Citigroup’s Mexican retail unit
by Reutersby ReutersBy 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, Mifel’s head Daniel Becker told …
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US and World News
Mexico’s top diplomat stresses cooperation with U.S. versus intervention
by Reutersby ReutersMEXICO 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 in Mexico to tackle drug …
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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 Thursday, providing some relief as …
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Business News
Mexico’s Televisa reaches $95 million investor settlement over FIFA bribery role
by Reutersby ReutersBy Jonathan Stempel NEW YORK (Reuters) – Grupo Televisa SAB has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican broadcaster of bribing FIFA soccer …
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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 raising its key interest rate …
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Business News
Mexico’s Alsea profit slides as rising costs, exchange rate, taxes bite
by Reutersby ReutersMEXICO 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 higher energy and raw materials …
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Business News
After Aeromar’s grounding, Mexico’s aviation workers see turbulent horizon
by Reutersby ReutersBy Kylie Madry MEXICO CITY (Reuters) – After Mexican regional carrier Aeromar shuttered its operations last week, workers in the country’s aviation sector are bracing for more turbulence as financial, …
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Business News
U.S. ‘disappointed’ in Mexico’s new GMO corn decree -ag secretary
by Reutersby ReutersBy Leah Douglas WASHINGTON (Reuters) – The United States said on Tuesday it was “disappointed” in the Mexican government’s announcement the previous day which walked back a deadline to ban …
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Business News
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
by Reutersby ReutersMEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, teasing that “good news” is on the way, as …
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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 for impairment of goodwill and …
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Business News
Cargo airlines have until July to move flights from Mexico’s capital airport
by Reutersby ReutersMEXICO CITY (Reuters) – Cargo airlines operating out of Mexico’s busiest airport will have until July to leave the hub, a decree published in the country’s national gazette Thursday evening …
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US and World News
Arizona gun dealers seek to dismiss Mexico’s arms trafficking suit
by Reutersby ReutersBy 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 a lawsuit by Mexico accusing …
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US and World News
U.S. raises ‘grave concerns’ over Mexico’s agricultural biotech policy
by Reutersby ReutersWASHINGTON (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. Trade Representative Katherine Tai said. …
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US and World News
Mexico’s buck-toothed cartoon president ruled ‘electoral violation’
by Reutersby ReutersMEXICO 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 popular caricature in official propaganda …
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US and World News
Explainer-Why Ovidio Guzman is one of Mexico’s most wanted men
by Reutersby ReutersBy Brendan O’Boyle MEXICO CITY (Reuters) – Mexican security forces on Thursday arrested cartel leader Ovidio Guzman, son of incarcerated kingpin Joaquin “El Chapo” Guzman, the country’s defense minister said. …
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US and World News
Migrants crowd Mexico’s refugee offices amid fears of U.S. policy change
by Reutersby ReutersBy Lizbeth Diaz and Jose Torres TAPACHULA/MEXICO CITY (Reuters) – Thousands of migrants have flocked to government offices in southern Mexico seeking asylum since the United States said it would …
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Business News
Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023
by Reutersby ReutersBy Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 …
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Business News
Mexico’s newest oil refinery now seen working at half capacity in mid-2023
by Reutersby ReutersBy Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the national president said on Friday, …