GO
Loading...

Mexico

More

  • Stinky seaweed piling up at upscale Laguna Beach Tuesday, 21 Oct 2014 | 1:52 PM ET

    LAGUNA BEACH, Calif.— Warmer water and recent storm swells are to blame for mounds of stinky kelp piling up on the sand in the upscale Southern California resort city of Laguna Beach, scientists say. Kelp plays a pivotal role in the food chain, she told the Los Angeles Times. She noticed something different while scuba diving near Crystal Cove in late August, when...

  • OSLO, Oct 20- The United States and European Union want the U.N. to stress the low cost of fighting climate change in a draft handbook on the issue that it is compiling, a leaked document showed on Tuesday. The United States wants the handbook to do more to show that the costs of action "will be almost insignificant relative to projected growth," the document showed.

  • MEXICO CITY/ DETROIT/ TOKYO, Oct 18- Manufacturing problems with Takata Corp air bags go beyond what the Tokyo- based company has disclosed to U.S. safety regulators about why the devices are at risk of exploding with dangerous force, according to internal company documents reviewed by Reuters. Takata has cooperated with an investigation begun in June by...

  • MEXICO CITY/ MONTERREY Oct 17- Mexico's biggest retailer, Wal-Mart de Mexico, on Friday said Chief Executive Scot Rank would step down after five years and that the head of Wal-Mart Latin America would take on a bigger role in the Mexico and Central America business. The change in leadership comes almost two years after a New York Times investigation that alleged...

  • CARACAS, Oct 15- After three weeks trapped inside their home, Natalie Pereira and her family made a final decision: they must leave Venezuela. Pereira, a 33- year-old dentist now living in Texas, is not alone in making that decision. Having largely but unsuccessfully voted against socialist leader Hugo Chavez during his 14- year presidency, they hoped for a change...

  • Mexican activist slain during radio broadcast Tuesday, 14 Oct 2014 | 6:56 AM ET

    MEXICO CITY— Two gunmen shoved their way into a radio studio and opened fire on a local activist, killing him while he was broadcasting, prosecutors in the Mexican state of Sinaloa said. Roman Tirado was a leader of about 800 families demanding compensation for being displaced by the Picachos dam. Ontiveros said Roman Tirado focused on the land dispute and other...

  • MEXICO CITY, Oct 13- The Mexican peso could hold its value or even strengthen against the U.S. dollar on the back of a raft of domestic economic reforms and the country's close ties to the United States, Mexico's central bank chief Agustin Carstens said. But strong economic fundamentals in Mexico should help shore up Mexico's peso, Carstens told Mexican newspaper...

  • UPDATE 5-Bolivia's Morales claims re-election victory Monday, 13 Oct 2014 | 12:02 AM ET

    *He dedicates win to Cuba's Fidel Castro. LA PAZ, Oct 12- Bolivian President Evo Morales declared a landslide re-election victory on Sunday, hailing it as a triumph for socialist reforms that have cut poverty and vastly expanded the state's role in the booming economy. A prominent member of the bloc of socialist and anti-U.S. leaders in Latin America, Morales...

  • Nissan recalls cars for hood latch problem Friday, 10 Oct 2014 | 10:47 AM ET
    The 2013 Nissan Altima.

    Nissan is recalling 2013 Altima midsize cars worldwide because of a possible hood malfunction. AP reports.

  • Mexico's junk food taxes gulp Pepsi, Coke sales Thursday, 9 Oct 2014 | 11:07 AM ET

    Declines suffered by Pepsi and Coke in Mexico underscore why beverage makers will fight tax proposals on sugary drinks in the U.S.

  • CARTAGENA, Oct 8- Colombia's benchmark interest rate is approaching a neutral level and there is little reason to alter it, central bank board member Carlos Gustavo Cano said on Wednesday, adding there is room to cut the rate again if necessary. I don't see reasons for that, "Cano told reporters at a business conference in Cartagena. The bank began a tightening cycle...

  • In January, Mexico said it had launched a probe of 270 companies, with a focus on seven, for allegedly exploiting legal tax loopholes that have leaked income out of Mexico for years. Reuters reported last month that the world's largest household products maker, Procter& Gamble, and No. 2 toymaker, Hasbro, were at the heart of the probe, which could cost the firms...

  • Oct 7- Billionaire Carlos Slim said on Tuesday that America Movil is trying to sell assets from Mexico's west Coast and the border with the United States, not just the east coast, as part of a previously announced divestiture. Bloomberg reported in September that America Movil, Latin America's biggest telecommunications company, could unload infrastructure...

  • Oct 2- Constellation Brands Inc on Thursday said that it was expanding capacity at its brewery in Mexico to increase its share of the market for import beers in the United States. The company will acquire from Anheuser-Busch InBev. a glass production plant in Nava, Mexico for $300 million, pending approval from regulators. Last year, as part of ABInBev's...

  • The company, which sells Corona and Modelo beer in the United States, said net income fell to $196 million, or 98 cents per share, in the second quarter ended Aug. 31 from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev.

  • Net income was $196 million, or 98 cents per share, for the second quarter ended Aug. 31, down from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev. It said it would acquire a glass plant and associated warehouse, land and...

  • Southeast Asia and Mexico are safe bets: Pro     Tuesday, 23 Sep 2014 | 11:10 PM ET

    David Riedel, President & Founder of the Riedel Research Group, describes the opportunities available in Mexican and Southeast Asian markets.

  • New dawn for Mexican steel puts Brazil in the shade Tuesday, 23 Sep 2014 | 11:23 AM ET

    MEXICO CITY/ RIO DE JANEIRO, Sept 23- Mexico is emerging as the preferred choice for investors in Latin American steel making as a landmark energy reform and exposure to a U.S. recovery help outshine regional rival Brazil, where the gloom of recession has taken hold.

  • How Mexico's drug war has smashed its iron industry Tuesday, 23 Sep 2014 | 10:15 AM ET
    View of a police check point on a road to a mine in the Aguililla community, Michoacan State, Mexico, on February 14, 2014.

    In their fight against cartels such as the Knights Templar, Mexican soldiers and marines have confiscated tons of minerals. GlobalPost reports.

  • The world agrees: Governments are corrupt Monday, 22 Sep 2014 | 12:00 AM ET

    In a world riven by differences, there's still plenty of common ground when it comes to public attitudes about major institutions.