Business Central America

More

  • MEXICO CITY, June 30- Human traffickers are finding increasingly creative ways of shuttling Central American migrants through Mexico to the U.S. border and that includes hiring Uber-registered drivers. On June 10, five vehicles carrying 34 Central American migrants were apprehended while traveling together between the northern Mexican states of...

  • MEXICO CITY, June 30- Mexico's central bank aggressively raised its key interest rate more than expected on Thursday in a bid to support the peso and calm concerns that currency weakness could inflame inflation. "I wouldn't rule out that they could hike again, even before the Fed, if the exchange rate keeps trading very poorly," said Benito Berber, an analyst at...

  • MEXICO CITY, June 30- Human traffickers, who are finding increasingly creative ways to shuttle Central American migrants through Mexico to the U.S. border, have begun to use the Uber ride-sharing service. On June 10, five vehicles carrying 34 Central American migrants were apprehended while traveling together between the northern Mexican states of Zacatecas...

  • June 30- Constellation Brands Inc reported a bigger-than-expected 15 percent jump in quarterly net sales, helped by higher demand for its Corona and Modelo beers during the Memorial Day weekend. Memorial Day weekend is the second-largest beer sales period in the United States after the Labor Day weekend. Net income attributable to the company rose to $318.3...

  • THURSDAY, JUNE 30 NEW DELHI- World Bank Group President Jim Yong Kim holds a press conference to share his thoughts on and highlights of his India visit, including on meetings with Prime Minister Narendra Modi and Finance Minister Arun Jaitley. SEOUL- South Korean Finance Minister Yoo Il-ho to speak on the latest developments of the Korean economy and ways to...

  • WEDNESDAY, JUNE 29 MOSCOW- Annual banking congress, with Russia central bank Governor Elvira Nabiullina delivering the speech- 0300 GMT LONDON- Bank of Zambia Governor Denny Kalyalya, Kenya central bank Deputy Governor Sheila Mbijiwe and African Development Bank former Chief Economist Mthuli Ncube at "Investing in Frontier Africa" conference.

  • TUESDAY, JUNE 28 NEW DELHI- World Bank Group President Jim Yong Kim on a two-day visit to India. ANKARA- Turkey central bank to publish the minutes of its policy meeting held on June 21- 1100 GMT. LONDON- Bank of Zambia Governor Denny Kalyalya, Kenya central bank Deputy Governor Sheila Mbijiwe and African Development Bank former Chief Economist Mthuli Ncube at "...

  • WASHINGTON/ OTTAWA, June 27- President Barack Obama will meet with the leaders of Canada and Mexico on Wednesday for his final "Three Amigos" summit, a meeting that may signal how keen the North American partners are to tout trade at a time of rising protectionist sentiment. Canada had negotiated a trade deal with the EU that is slated to take effect next year.

  • President Barack Obama, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto will commit to a new regional clean power goal at a summit this week in Ottawa, the White House said on Monday. The leaders, meeting in Ottawa on Wednesday at the so-called "Three Amigos" summit, will pledge to have their countries produce 50 percent of their...

  • MEXICO CITY, June 27- Carlos Slim's construction arm has teamed up with three local builders to bid for two runways for Mexico City's new airport worth a combined $1.56 billion, sources say, seeking to snap up major infrastructure projects that survived government cuts. Carso Infraestructura y Construccion, which is part of Slim's Grupo Carso, has agreed to form...

  • OTTAWA, June 27- The leaders of the United States and Mexico this week plan to announce that half of their electricity will come from clean power sources by 2025, the Canadian Broadcasting Corp reported on Monday. President Barack Obama and his Mexican counterpart Enrique Pena Nieto will meet in the Canadian capital Ottawa on Wednesday for a trilateral summit...

  • MEXICO CITY, June 24- Mexico's government will cut spending, and the central bank is ready to act on interest rates in the wake of Britain's vote to exit the European Union, senior officials said on Friday. Finance Minister Luis Videgaray said the government would reduce spending by 31.715 billion pesos in 2016, its second such cut this year, to reassure markets...

  • FRIDAY, JUNE 24 BEIJING- Indian Finance Minister Arun Jaitley speaks at a forum on' Invest in India'- 0115 GMT. Speakers: Hungarian central bank Chief Economist Daniel Palotai and Managing Director Barnabas Virag- 0700 GMT. COLOMBO- Sri Lanka's central bank announces interest rate decision- 1230 GMT.

  • MEXICO CITY, June 22- Rowdy teacher protests in southern Mexico have caused delays and bottlenecks in transporting fuel from the country's top refinery in Salina Cruz, and state oil giant Pemex is on alert for new roadblocks, a company official said on Wednesday. A key highway used by the refinery to transport nearly all of the gasoline and diesel it produces has...

  • WEDNESDAY, JUNE 22 BANGKOK- Bank of Thailand monetary policy committee meeting- 0730 GMT. THURSDAY, JUNE 23 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT. Speakers: Hungarian central bank Chief Economist Daniel Palotai and Managing Director Barnabas Virag- 0700 GMT.

  • WEDNESDAY, JUNE 22 WASHINGTON- Federal Reserve Chair Janet Yellen testifies before the House Financial Services Committee at its "Monetary Policy and the State of the Economy" hearing- 1400 GMT. FRANKFURT- European Central Bank Governing Council meeting. THURSDAY, JUNE 23 NEW YORK- Federal Reserve Bank of Dallas President Rob Kaplan speaks on "Economic...

  • TUESDAY, JUNE 21 CANCUN, Mexico- The Organisation for Economic Co-operation and Development's Ministerial Meeting on the Digital Economy: Innovation, Growth and Social Prosperity, to move the digital agenda forward in four key policy areas foundational to the growth of the digital economy. ANKARA- Turkey central bank monetary policy meeting- 1100 GMT.

  • WASHINGTON- Federal Reserve Chair Janet Yellen and Treasury Secretary Jack Lew to attend open meeting of the Financial Stability Oversight Council- 2030 GMT. BRUSSELS- European Central Bank President Mario Draghi, who is also the Chair of European Systemic Risk Board, speaks at the hearing before the Committee on Economic and Monetary Affairs of the European...

  • MONDAY, JUNE 20 NEW DELHI- The World Bank's India office to publish its bi-annual review and forecast of the economy-India Development Update June 2016- Financing Double-Digit Growth- 0830 GMT. ANKARA- Central Bank of the Republic of Turkey monetary policy meeting- 1100 GMT. PORT LOUIS- Bank of Mauritius monetary policy meeting- 2200 GMT.

  • MEXICO CITY, June 17- Embattled Mexican construction firm ICA said it will borrow $215 million from financier David Martinez's vehicle Fintech, as it unveiled a preliminary restructuring plan that offered few details on how it would cope with its heavy debt load. The Mexico City- based firm has failed to post a profit since 2013 and struggled to find new work in...