GO
Loading...

Mexico

More

  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • District Judge Sam Haddon for not turning over details of a $13.8 million property sale in Mexico. The Yellowstone Club went bankrupt in 2008— right after Blixseth gave up control of the private ski and golf resort near Big Sky that boasts a $300,000 entry fee. Those judgments, which Blixseth has so far avoided paying, include the proceeds from the Mexico property,...

  • ENSENADA, Chile— Authorities urged 2,000 people living near the Calbuco volcano to evacuate Friday after potentially devastating mudflows of volcanic debris were detected in a nearby river, the result of two huge eruptions this week that sent ash across large swaths of southern South America. Authorities said the evacuees from the towns of Chamiza, Lago...

  • LIMA, Peru— Mourners carried a coffin holding a 61- year-old farmer through the streets of a southern Peru port city Thursday after the man became the first fatality of a monthlong protest against a Mexican-owned copper mining project. Agriculture Minister Juan Manuel Benites, the chief government negotiator in the dispute, said the widening protest against...

  • Goodyear plant planned for Mexico's San Luis Potosi state Thursday, 23 Apr 2015 | 11:10 AM ET

    MEXICO CITY, April 23- A forthcoming investment by Goodyear Tire& Rubber Co in Mexico will be made in the central state of San Luis Potosi, according to two people familiar with the matter. The U.S.-based company aims to invest $550 million in the new tire plant, which should be announced at a joint event with the Mexican government on Friday in Mexico City, a person...

  • OTTAWA, April 23- German car maker Volkswagen AG will get 400 million Euros in trade financing from Canada to help expand its southern U.S. and Mexican operations and thereby generate business for Canadian firms, Ottawa said on Thursday. "With the southern U.S. and Mexico increasingly becoming prime production locations for global automakers, EDC has a role to...

  • Police fire on Peru anti-mining protesters, killing 1 Wednesday, 22 Apr 2015 | 11:56 PM ET

    LIMA, Peru— Authorities in Peru say police fired on farmers opposed to a Mexican-owned copper mine in the country's south, killing one person and wounding 12.. Farmers and local leaders oppose the $1.3 billion Tia Maria mine in the Tambo valley of Arequipa state. In 2011, three farmers were killed during protests against the project owned by Southern Peru Copper...

  • MEXICO CITY, April 22- Goodyear Tire& Rubber Co is planning to spend $550 million on a new tire plant in Mexico, a person familiar with the matter said, the latest in a string of investment pledges in the country's booming auto sector. The Goodyear plant, which will begin operations in 2017, will produce tires primarily for the domestic market, said the person, who...

  • DIARY- Emerging Markets Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:02 PM ET

    CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting. MOSCOW- Central Bank of Russia announces interest rate decision- 1000 GMT.

  • DETROIT, April 22- General Motors Co's return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models. However, beneath the encouraging numbers for the Colorado and Canyon are some less positive trends, said IHS...

  • Controladora Vuela beats 1Q profit forecasts Wednesday, 22 Apr 2015 | 8:39 AM ET

    SANTA FE, Mexico _ Controladora Vuela Compania de Aviacion SAB. de CV on Wednesday reported first-quarter net income of $20 million, after reporting a loss in the same period a year earlier. The Santa Fe, Mexico- based company said it had net income of 20 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7...

  • DIARY- Emerging Markets Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:02 PM ET

    WASHINGTON- World Bank President Jim Yong Kim speaks at the global philanthropy forum- 1500 GMT. CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting.

  • WICHITA, Kan.— A former bank president and two of his customers allegedly conspired to launder drug money in Kansas for Mexican cartels, while two former employees of the small southwest Kansas bank failed to report the suspicious financial transactions, according to charges unsealed Tuesday. The 37- count indictment is part of a larger national...

  • DETROIT— Mexico has become the most attractive place in North America to build new automobile factories, a shift that has siphoned jobs from the U.S. and Canada, yet helped keep car and truck prices in check for consumers. In the past two years, eight automakers have opened or announced new plants or expansions in Mexico. A worker in Mexico costs car companies an...

  • HELENA, Mont.— Attorneys for the founder of a luxury Montana club planned Tuesday to file an emergency request with a federal appeals court seeking to free him after he was jailed for failing to disclose what happened to $13.8 million from the sale of a Mexican resort. The case emerged from the 2008 bankruptcy of the Yellowstone Club, a private ski and golf resort...

  • HELENA, Mont.— A federal judge ordered the founder of a luxury Montana mountain resort back to jail Monday, saying he failed to disclose what happened to $13.8 million from the sale of a resort in Mexico. The case stems from the bankruptcy of the Yellowstone Club near Big Sky, a private ski and golf resort, which boasts a $300,000 entry fee. Authorities say Blixseth...

  • Mexico is desperate to get the relationship back on track after its shock scrapping of a multi-billion-dollar high-speed train contract originally awarded to a Chinese-led consortium earlier this year, a move that angered Beijing. Seeking to wean itself off dependence on the United States and compensate for an oil slump that hammered public finances,...

  • MEXICO CITY, April 17- Ford Motor Co said on Friday it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The United Auto Workers union, in response, said putting jobs in Mexico rather than the United States will be a major issue at its upcoming U.S. labor talks with Ford, General Motors Co and...

  • MEXICO CITY, April 17- Ford Motor Co said on Friday will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The facility will build a new gasoline engine that will be exported to the United States, Canada, South America and the Asia-Pacific region. Earlier this week, Toyota announced it would...

  • MEXICO CITY— President Enrique Pena Nieto formally inaugurated a plan Thursday to save the critically endangered vaquita marina, the world's smallest porpoise found only in the Sea of Cortez. There are fewer than 100 vaquitas left and the head of the World Wildlife Fund in Mexico, Omar Vidal, called the shy, elusive porpoise "an emblematic species for Mexico, the...