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Business Central America

  • *Move cuts efficiency of shared Mexico plant- sources. PARIS, Jan 5- Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year partnership and potentially hitting profitability at a new shared factory in Mexico. The move could reduce efficiency at a...

  • Shares of Constellation, which makes most of its beer in three plants in Mexico and imports them to the United States, fell as much as 8.9 percent to $144. Trump's comments on building a wall between Mexico and the United States and his proposal of abandoning the North American Free Trade Agreement in favor of higher taxes on imports have raised concerns among...

  • MEXICO CITY, Jan 3- Blockades of fuel storage terminals by protesters angered by a double-digit increase in gasoline prices has led to a "critical situation" in at least three Mexican states, state oil company Pemex said on Tuesday. There were distribution problems in northern Chihuahua and Durango states, as well as Morelos state just south of the Mexican...

  • *Trump also hits GM over making Chevrolet Cruze cars in Mexico. FLAT ROCK, Mich./ WASHINGTON, Jan 3- Ford Motor Co on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a "big border tax" over compact cars made...

  • FLAT ROCK, Mich./ WASHINGTON, Jan 3- Ford Motor Co on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a "big border tax" over compact cars made in Mexico. Investors on Tuesday sold off shares of Kansas City...

  • FLAT ROCK, Mich./ WASHINGTON, Jan 3- Ford Motor Co said Tuesday it will cancel a planned $1.6 billion factory in Mexico and invest $700 million at a Michigan factory, after President-elect Donald Trump had harshly criticized the Mexico investment plan. Ford Chief Executive Mark Fields said the decision to cancel the new Mexico factory was the result of sagging...

  • FLAT ROCK, Mich./ WASHINGTON, Jan 3- Ford Motor Co said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after President-elect Donald Trump had harshly criticized the Mexico investment plan. Ford Chief Executive Mark Fields said the decision to cancel the new Mexico factory was in part related to...

  • DETROIT/ WASHINGTON, Jan 3- President-elect Donald Trump on Tuesday threatened to impose a "big border tax" on General Motors Co for making some of its Chevrolet Cruze compact cars in Mexico, an arrangement the largest U.S. automaker defended as part of its strategy to serve global customers, not sell them in the United States. He also has denounced the North...

  • MEXICO CITY, Jan 3- Mexico's peso fell on Tuesday to touch its weakest level in seven weeks after Ford, the second-largest U.S. automaker, said it will cancel a planned $1.6 billion factory in Mexico's central state of San Luis Potosi. Ford said it will invest $700 million at a Michigan factory. Mexico's IPC stock index pared gains of over 1 percent to trade nearly...

  • WASHINGTON, Jan 3- Ford Motor Co said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after it had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans. Ford Chief Executive Mark Fields on Tuesday said the decision to cancel the new plant in Mexico was in...

  • DETROIT/ WASHINGTON, Jan 3- President-elect Donald Trump on Tuesday threatened to impose a "big border tax" on General Motors Co for making some of its Chevrolet Cruze compact cars in Mexico, an arrangement the largest U.S. automaker defended as part of its strategy to serve global customers, not sell them in the United States. He also has denounced the North...

  • President-elect Donald Trump on Tuesday blasted General Motors Co and threatened to impose a "big border tax" for making some Chevrolet Cruze cars in Mexico, which the U.S. carmaker defended as part of a strategy to serve global customers, not sell them in the United States. GM said it makes its Cruze sedan in the United States and that all of those sold in the United...

  • During the holiday season, even as money and gifts have flowed into the area from relatives working in the United States, residents have fretted about what a Trump presidency will mean for them and family members working in the United States. During his presidential campaign, Donald Trump said he would stop allowing wire transfers of money out of the United...

  • During the holiday season, even as money and gifts have flowed into the area from relatives working in the United States, residents have fretted about what a Trump presidency will mean for them and family members working in the United States. During his presidential campaign, Donald Trump said he would stop allowing wire transfers of money out of the United...

  • Risks to emerging markets are rising, but there are still opportunities, said Mark Mobius, executive chairman of Templeton Emerging Markets.

  • US seeing surge of Central American migrants

    Customs and Border Protection officials deal with a sudden influx of families seeking asylum.

  • Immigrants from Central America await transport from the U.S. Border Patrol on August 17, 2016 in Roma, Texas.

    Migrants seeking shelter from violence in their countries are heading to the U.S./Mexico border in droves, NBC reports.

  • Mexico's President Enrique Pena Nieto

    Mexico said on Wednesday it would work with Donald Trump for the benefit of both nations after his surprise U.S. election win.

  • Colombia's chief delegate for peace talks, Humberto de la Calle, and FARC member, Ivan Marquez, shake hands in Havana on August 12, 2016.

    Colombia's government and leftist FARC rebels unveiled a peace deal to end a guerrilla war which almost made the country a failed state.

  • The financial district in London.

    Senior U.S. Department of Justice officials overruled internal recommendations to prosecute HSBC for money-laundering violations because of concerns about the stability of the financial system, according to a congressional report.