Business Central America

  • GUADALAJARA, Mexico, Sept 27- SpaceX is developing an interplanetary rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonizing the planet, company chief and tech billionaire Elon Musk said on Tuesday. Musk outlined his plans for a massive Mars rocket, capable of carrying 100 passengers plus cargo per voyage,...

  • MEXICO CITY, Sept 27- Mexico's Jose Cuervo, the world's largest tequila producer, on Tuesday announced its long-awaited initial public offering, which could raise up to $1 billion, another sign of a wider revival in Latin American stock flotations. "Jose Cuervo has managed to capitalize pretty well, mostly because of their brands, but also because it's one of the...

  • EL DIAMANTE, Colombia, Sept 27- Veterans of Colombia's FARC guerrilla army could soon be making a living as eco-tourism guides, beef processors or cheese makers under plans by the Marxist group to invest in economic projects once a peace deal takes hold. Vast swathes of rural land abandoned for decades because of war will be open to development, including by...

  • EL DIAMANTE, Colombia, Sept 27- Veterans of Colombia's FARC guerrilla army could soon be making a living as eco-tourism guides, beef processors or cheese makers under plans by the Marxist group to invest in economic projects once a peace deal takes hold. Vast swathes of rural land abandoned for decades because of war will be open to development, including by...

  • MEXICO CITY, Sept 27- Mexican alcoholic beverage maker Jose Cuervo, the world's largest tequila producer, on Tuesday filed a prospectus with the Mexican bourse to conduct its long-expected initial public offering. The filing provided few details about the IPO, but media reports have suggested the company could seek to raise between $750 million and $1 billion.

  • In a sign of growing ambition beyond its taxi business, Uber is gearing up to deliver meals in Amsterdam this week just as Takeaway.com, the restaurant ordering leader in the Netherlands, lists on the Amsterdam stock market. The plan include 16 cities in 12 European countries ranging from Moscow to Madrid to Manchester, 11 new cities in nine Asian countries-...

  • MILAN— Milan Fashion Week made way for young talent on the last day of preview shows for next spring and summer Monday. After Giorgio Armani ceded his usual spot anchoring the last day of fashion week this round, the Milan fashion chamber officials put the spotlight on the next generation of designers. Highlights include shows by Mila Schoen, San Andres and...

  • MEXICO CITY— A fuel tanker carrying gasoline and diesel continued to burn off the Gulf coast of Mexico on Sunday, a day after it erupted in flames. Firefighting boats were battling the blaze aboard the Burgos, which is owned by state oil company Petroleos Mexicanos, or Pemex. A large plume of smoke from the burning ship could be seen from the port of Veracruz.

  • MEXICO CITY, Sept 24- A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgos" occurred off the coast of Boca del Rio in Veracruz state and all the crew were safe, Pemex said in a tweet.

  • MEXICO CITY, Sept 24- A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgos" occurred off the coast of Boca del Rio in Veracruz state and all the crew were safe, Pemex said in a tweet.

  • MEXICO CITY— Mexico's state-owned oil company says it is working to extinguish a blaze aboard a loaded tanker ship in the Gulf of Mexico. Mexico's Navy rescued 31 crew members and no injuries were reported. The Veracruz Port Authority said the Burgos was scheduled to dock Sunday morning.

  • MEXICO CITY, Sept 24- A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgos" occurred off the coast of Boca del Rio in Veracruz state and all the crew were safe, Pemex said in a tweet.

  • Treasury Secretary Jack Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico next week to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. He will be the first Treasury secretary to visit Buenos Aires since 2002, recognizing efforts by President Mauricio...

  • Treasury Secretary Jack Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico next week to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. He will be the first Treasury secretary to visit Buenos Aires since 2002, recognizing efforts by President Mauricio...

  • BUENOS AIRES, Sept 23- Even though new rules have not yet been implemented, telecom companies in Argentina are preparing for a more competitive market as the government expects reforms to attract $20 billion in investments over four years. Telecom Argentina and Telefonica de Argentina have announced investments in recent months, while Argentina's largest...

  • MEXICO CITY— Edgar Serralde Galicia lives in a part of Mexico City known for water: Xochimilco, where picturesque canals have irrigated produce grown on man-made islands and served as transportation routes since the days of the Aztecs. But like roughly a million residents of the capital, Serralde isn't connected to the city's water system.

  • Sept 20- One of the two investors in Puerto Rico's largest airport is exploring selling a 50 percent stake in a joint venture that runs it under a lease agreement with the Caribbean island's government, people familiar with the matter said on Tuesday. The move comes as passenger traffic at the airport has proved resilient in the face of Puerto Rico's $70 billion...

  • MEXICO CITY— Economists have long said that when the United States catches a cold, Mexico gets pneumonia. But analysts said Monday that Hillary Clinton's pneumonia has given Mexico's peso something worse. The U.S. has an outsize influence on Mexico's economy, buying about 80 percent of Mexico's exports.

  • MEXICO CITY, Sept 19- Hurricane Paine formed in the Pacific more than 300 miles off the coast of Mexico early on Monday and is forecast to begin weakening later in the day, the National Hurricane Center said. Mexico has no coastal warnings in effect for Paine, which is expected to weaken substantially before it hits the upper portion of the Baja California...

  • TOKYO, Sept 15- Toyota Motor Corp said on Thursday it would spend about $150 million to ramp up production capacity of Tacoma pickup trucks in Mexico by more than 60,000 vehicles a year by 2018..