China—a low-cost maker of goods—is falling behind in the manufacturing race as wages and energy costs soar.» Read More
MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.
MEXICO CITY, July 9- Carlos Slim's telecommunications company, America Movil, will shed assets to avoid tough new telephone and TV regulations imposed by Mexico's Congress on Wednesday.
DETROIT, July 8- Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective air bag inflators made by Japan's Takata Corp, the automaker and U.S. safety regulators said on Tuesday.
July 7- William Ackman's Pershing Square Capital Management proposed on Monday a slate of six directors for the board of Allergan Inc as the hedge fund presses forward with its $53 billion takeover bid with Valeant Pharmaceuticals International Inc for the Botox maker.
MEXICO CITY, July 3- Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
MEXICO CITY, July 3- Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
July 2- Fast-food titans McDonald's, Taco Bell and KFC are conquering the globe, but they are losing to the likes of In-N-Out Burger, Chipotle Mexican Grill and Chick-fil-A in the United States, according to Consumer Reports' latest fast-food survey.
BNP PARIBAS SAYS LEVERAGE RATIO WILL BE IMPACTED, TO STAY ABOVE 3 PCT.
*BMW to make announcement in Mexico on July 3. MEXICO CITY/ MUNICH, June 30- Germany's BMW AG will unveil this week plans to build a new factory in Mexico, a government official said, as the company seeks to meet growing demand for premium cars.
FRANKFURT, June 27- Daimler AG and Nissan Motor Co are jointly investing $1.36 billion to develop premium small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the Mercedes-Benz and Infiniti brands.
FRANKFURT, June 27- Daimler AG and Renault Nissan will invest 1 billion euros to develop small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the premium Mercedes-Benz and Infiniti brands.
By Jonathan Cable and Rahul Karunakar. June 26- Asia will spearhead gains in global equities in the coming year as ample central bank liquidity boosts shares, according to a worldwide Reuters poll that pointed to more modest gains for developed markets.
*Brazil investors hoping for more market-friendly president. SAO PAULO/ MEXICO CITY, June 26- Brazil's Bovespa stock index will rally or sink at the end of the year depending on the outcome of the nation's presidential election in October, a Reuters poll showed on Thursday, while Mexican shares will track economic growth higher.
SINGAPORE, June 26- Vopak is considering building a liquefied natural gas terminal in Southeast Asia, the chief executive of the Dutch independent storage company said, as it is a key supply route for a region that is home to the world's top LNG buyers.
PARIS/ STUTTGART, June 26- Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources with knowledge of the matter said on Thursday as the automakers called a news conference to unveil the plans.
IXTEPEC, Mexico, June 25- Driven from home by. threats of gang violence and extortion and drawn to the U.S. by hopes of education and opportunity, Carlos, a 15- year-old from San Pedro Sula, Honduras, is stuck in southern Mexico, living in a shelter and trying to figure out how to get to California.
Gerardo Salazar, CEO of Banco Interacciones, explains how the lender is facilitating Asian investment into Mexican infrastructure.
More than a million Honda Motor Co Ltd vehicles could be subject to an upcoming recall for Takata air bags that are at risk of exploding and shooting shrapnel at passengers and drivers, according to a person with knowledge of the matter.
Daimler will set up production capacity at a plant operated by its alliance partner Nissan in Aguascalientes northeast of Guadalajara, the magazine cited unnamed company executives as saying. Daimler and Nissan declined to comment.
Speaker Boehner is urging President Obama to deploy the National Guard to the border "immediately" in response to a surge of unaccompanied minors migrating to the U.S. from Central America. Tamar Jacoby, ImmigrationWorks President, and former Republican Texas Senator Kay Bailey Hutchison, provide perspective.