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Business Central America

  • Commerce Secretary Wilbur Ross said the "agreement in principle" with Mexican Economy Minister Ildefonso Guajardo calls for Mexico to reduce the share of refined sugar in its exports to the United States, while increasing the share of raw sugar. He said Mexico met nearly every request by the U.S. sugar industry to fix problems with a 2014 sugar trade agreement.

  • WASHINGTON, June 6- The United States and Mexico are close to announcing a sugar trade deal that will avert steep U.S. duties on Mexican sugar imports and clear a major obstacle from renegotiation of the NAFTA trade agreement, Mexican Economy Minister Ildefonso Guajardo said on Tuesday. The deal, which was still coming together on Tuesday morning, will reduce the...

  • CANCUN, Mexico/ JAKARTA, June 5- Indonesian budget carrier Lion Air may be an inaugural customer for a new Boeing Co plane that will become the largest member of its 737 medium-haul jet family, expected to be launched at the Paris Airshow, three people familiar with the plans said. Lion Air will be a launch customer for the 737 MAX 10, Lion Air Group President Director...

  • CANCUN, Mexico/ JAKARTA, June 5- Indonesian budget carrier Lion Air may be an inaugural customer for a new Boeing Co plane that will become the largest member of its 737 medium-haul jet family, expected to be launched at the Paris Airshow, three people familiar with the plans said. United Airlines Chief Executive Officer Oscar Munoz, contacted at an airlines...

  • CANCUN, Mexico/ JAKARTA, June 5- Indonesian budget carrier Lion Air may be a launch customer for the Boeing 737 MAX 10, a larger version of the planemaker's medium-haul family that is expected to be launched at the Paris Airshow, three people familiar with the plans said. Lion Air, which is one of Boeing's largest customers, ordered 201 Boeing 737 MAX aircraft in 2012...

  • TOLUCA, Mexico, June 5- Mexico's ruling party fended off a leftist challenger in a major state election seen as a test run for a presidential vote next year, propelling the country's peso currency to its strongest level since U.S. But the Institutional Revolutionary Party's 3 percentage-point margin of victory in the central State of Mexico, the country's most...

  • SAO PAULO, June 5- The Mexican peso firmed to its strongest level in seven months on Monday after the ruling party fended off a leftist challenge in a key state election, reducing expectations of a defeat in the presidential elections next year. The Institutional Revolutionary Party looked set to maintain its nine-decade hold over the central State of Mexico,...

  • MEXICO CITY, June 5- Mexico's ruling Institutional Revolutionary Party held on to a narrow lead on Monday over a leftist party in a key state election, according to the latest returns which propelled the country's peso currency to its strongest level in seven months. In other statewide elections, also held on Sunday, the PRI was heading for a loss in the western...

  • MEXICO CITY, June 5- Mexico's ruling Institutional Revolutionary Party limped to victory in a key state election on Sunday, according to preliminary projections of results that were quickly challenged by the leftist party beaten into second place. However, the peso reversed earlier losses and gained 0.59 percent on the setback for Lopez Obrador, a sign of...

  • MEXICO CITY, June 5- Mexico's ruling Institutional Revolutionary Party limped to victory in a key state election on Sunday, according to an official preliminary projection of results that was quickly challenged by the leftist party seen beaten into second place. However, the peso reversed earlier losses and gained 0.59 percent on the setback for Lopez...

  • TOLUCA, Mexico, June 4- Mexico's ruling Institutional Revolutionary Party likely won a key state election on Sunday by a slim margin, according to an official preliminary projection of results that was quickly challenged by the leftist party seen in second place. If the forecast is correct it will have been a close call for President Enrique Pena Nieto's PRI,...

  • Polls closed at 6:00 p.m. in the State of Mexico, where President Enrique Pena Nieto's Institutional Revolutionary Party is battling to hold the state it has governed for nearly nine decades against the new party of Andres Manuel Lopez Obrador, a veteran leftist who has led early opinion polls for the July 2018 presidential race. Opinion polls before the...

  • CANCUN, Mexico, June 4- Deliveries of A350 widebody jets, which have been hit by delays to cabin equipment, are getting much closer to their forecasted delivery dates, the chief executive of Finland's state-controlled carrier, Finnair, said on Sunday. "Recently they've been fairly good," Pekka Vauramo said in an interview on the sidelines of the annual meeting of the...

  • TEXCOCO, Mexico June 4- Mexico's ruling party was in a neck-and-neck race with its main leftist rival for control of the country's biggest state on Sunday, with both sides claiming victory in an election that could sway the outcome of next year's presidential contest. Polls closed at 6:00 p.m. in the State of Mexico, where President Enrique Pena Nieto's...

  • CANCUN, Mexico, June 4- Airlines are being urged to train more flight attendants to help prevent human trafficking, placing cabin crew on the front line of the fight against sexual exploitation and slavery. Airline leaders meeting in Mexico will be briefed by the United Nations agency responsible for tackling the largely hidden crime, which the United Nations...

  • It is squaring off in the State of Mexico, its biggest regional bastion, with the new party of leftist Andres Manuel Lopez Obrador, who leads early opinion polls for the July 2018 presidential race. In PRI hands since 1929, the State of Mexico is home to one in eight Mexican voters. Victory for the combative Lopez Obrador in 2018 could push Mexico in a more...

  • ZACATEPEC, Mexico, June 4- Anger is simmering across a lush swathe of Mexico among poor sugar cane farmers who face a major blow from trade talks in Washington on Monday, in an ominous preview of the high-stakes re-negotiation of the NAFTA agreement set to begin in August. The United States and Mexico have until Monday to modify a 2014 agreement that set quotas and a...

  • TEXCOCO, Mexico June 4- Pigs heads dumped outside polling stations and phone threats marred the final hours before an election in a major Mexican state where voters on Sunday decide whether to stick with the ruling party, in a dry run for next year's presidential contest. It is squaring off in the State of Mexico, its biggest regional bastion, with the new party of...

  • In PRI hands since 1929, the State of Mexico home to one in eight Mexican voters, and if it falls to Lopez Obrador's leftist National Regeneration Movement it could provide him with a springboard to take the top job. Victory for the combative Lopez Obrador in 2018 could push Mexico in a more nationalist direction at a time of heightened tensions with the United...

  • MEXICO CITY, June 1- The United States and Mexico have moved closer to a deal in talks over a prolonged sugar trade dispute, but there is no guarantee that an accord will be reached, Mexico's Economy Minister Ildefonso Guajardo said on Thursday. The ongoing spat is hanging over the upcoming start of talks between Mexico, the United States and Canada to renegotiate...