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Business Central America

  • MONDAY, JUNE 26 ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The...

  • MEXICO CITY, June 23- A second U-turn this year by Ford Motor Co in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. Ford announced on Tuesday it would move some production of its Focus small car to China instead of Mexico, a step that follows the U.S. automaker's January...

  • MEXICO CITY, June 23- A second U-turn this year by Ford Motor Co in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. Ford announced on Tuesday it would move some production of its Focus small car to China instead of Mexico, a step that follows the U.S. automaker's January...

  • MEXICO CITY— Mexico's state-owned oil company Pemex says a refinery that flooded and caught fire last week during rains produced by former Tropical Storm Calvin will reopen July 30. One person died in the big fire at the Salina Cruz refinery in the southern state of Oaxaca. The blaze also injured nine people and forced the evacuation of 500 nearby residents.

  • ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth...

  • MEXICO CITY— Mexico's central bank has raised its benchmark interest rate a quarter-point to 7 percent in an effort to limit inflation. Treasury Secretary Jose Antonio Meade says two further increases are possible as the Bank of Mexico seeks to slow inflation below 4 percent by 2018.. The central bank's Thursday statement cites external risks to Mexico's...

  • DENVER— Every day, immigrants are told to clean their living areas in a privately run Colorado detention center or risk being put in solitary confinement. Some also volunteer to do jobs as varied as landscaping, more cleaning and cutting other inmates' hair, but the pay is always the same— $1 a day. Courts view immigration detention not as punishment but as a way to...

  • MEXICO CITY— A state official in western Mexico says more than 3,400 jobs at a Ford assembly plant are safe following the company's announcement that it will shift planned production of its Focus to China. Sonora State Economy Secretary Jorge Vidal says Ford will continue producing the Fusion and Lincoln MKZ at its plant in Hermosillo. But on Tuesday, Ford...

  • DETROIT/ WASHINGTON, June 20- Ford Motor Co said on Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.- China trade relations despite recent tensions. The move suggests China could play a much larger role in future vehicle production for North America,...

  • DETROIT/ WASHINGTON, June 20- Ford Motor Co said on Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.- China trade relations despite recent tensions. The move suggests China could play a much larger role in future vehicle production for North America,...

  • SAO PAULO, June 20- Brazil's stocks extended losses on Tuesday after a Senate committee rejected a proposal to streamline labor laws while falling oil prices hurt the currencies of crude exporters. The labor law proposal in Brazil, rejected in the social affairs committee by 10 to 9 votes, now moves to the constitutional and justice committee before its heads to...

  • DETROIT/ WASHINGTON, June 20- Ford Motor Co said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.- China trade relations despite recent tensions. The move suggests China could play a much larger role in future vehicle production for North America,...

  • DETROIT/ WASHINGTON, June 20- Ford Motor Co will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, saving the company $500 million, a top executive said on Tuesday. Discussion about the small-car production shift from Mexico to China began "a couple months ago" under Fields, said Joe...

  • DETROIT, June 20- Ford Motor Co will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, saving the company $500 million, a top executive said on Tuesday. Discussion about the small-car production shift from Mexico to China began "a couple months ago" under Fields, said Joe Hinrichs,...

  • DETROIT, June 20- Ford Motor Co will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, the company said on Tuesday. The redesigned Focus for North America will be built at a joint-venture plant in Chongqing, China, Hinrichs said. President Donald Trump had criticized Ford for shifting...

  • DETROIT, June 20- Ford Motor Co will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, the company said on Tuesday. The redesigned Focus for North America will be built at a joint-venture plant in Chongqing, China, Hinrichs said. Earlier this year, Ford canceled plans for a new $1.8- billion...

  • June 20- Ford Motor Co said on Tuesday it would begin production of its next-generation Focus small car in the second half of 2019 and most of the cars for the North American market would be initially sourced from China. Ford had earlier said it planned to import the new Focus from its plant in Hermosillo, Mexico. Ford also said it was investing $900 million in its...

  • June 19- Brazilian stocks rose on Monday, supported by planemaker Embraer SA, while the Mexican peso slipped from a 13- month peak after comments by a Federal Reserve official supported bets of further U.S. interest rate hikes. Gains in Brazilian markets were limited due to concerns that a political scandal may hamper the implementation of President Michel...

  • Titled "Reckless Exploit," the report by Citizen Lab at the University of Toronto said the targets included people such as prominent journalists Carmen Aristegui and Carlos Loret de Mola, who were investigating alleged government corruption and purported human rights abuses by security forces. Citizen Lab said it had "no conclusive evidence attributing...

  • Violent summer storms have visited Mexico for years, but the country has very little experience in deep water drilling, a risky activity still marked by the 2010 Deepwater Horizon well blow out in the northern Gulf of Mexico that killed 11 people and pumped 5 million barrels of oil into the sea. Mexico, which awarded its first eight deepwater projects in a...