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  • Mexico City proposes regulations for Uber Friday, 3 Jul 2015 | 3:46 PM ET

    MEXICO CITY— Mexico City is proposing regulations that would allow Uber and other smartphone-based ride-sharing apps to operate, while requiring drivers and cars to be registered, the city's Office of Legal and Legislative Studies said Friday. The Organized Taxi Drivers of Mexico City have pushed the city to regulate or ban Uber, saying it's unfair that its...

  • How Pemex's math yields improved safety statistics Thursday, 2 Jul 2015 | 2:35 PM ET

    July 2- In late May, Pemex announced that it had succeeded in bringing its worker fatality and accident rate below the International Association of Oil and Gas Producers' international average in 2014.. That's hard to verify because the IOGP has yet to release its figures for 2014. The most recent year for which the association has published data is 2013, and for...

  • ArcelorMittal Mexico unit to slash 2,800 jobs Wednesday, 1 Jul 2015 | 8:41 PM ET

    MONTERREY, July 1- ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on Wednesday, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs. Altos Hornos de Mexico, DeAcero and ArcelorMittal warned in the...

  • SAN FRANCISCO, July 1- PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc.. The acquisition would allow Xoom to expand into new markets with less execution risk, Xoom CEO John Kunze...

  • NEW YORK— Fallout from Donald Trump's remarks about immigrants from Mexico continued Tuesday as a TV company backed by Mexican billionaire Carlos Slim said it was scrapping a project in development with the outspoken mogul, and Mexico announced it won't be sending a contestant to the Miss Universe contest, which Trump partly owns. NBC followed suit on Monday...

  • Online retailer Amazon opens in Mexico Tuesday, 30 Jun 2015 | 10:47 AM ET

    MEXICO CITY— Online retail giant Amazon has opened its Mexico site for business, offering free delivery on orders of over 599 pesos. A statement posted on the Amazon.com. mx site Tuesday said "we are launching in Mexico with more categories, more items and more functions than any other international Amazon website has featured at launch." Among its Mexico...

  • MEXICO CITY— Mexican media giant Televisa says it will no longer broadcast the Miss Universe Pageant or engage any other communication project with Donald Trump. He advocated building a wall along the United States' southern border. NBC also ended its relationship with Trump on Monday.

  • DUBLIN, June 29- A Boeing 787 Dreamliner en route from Mexico City to Paris made an emergency landing at Ireland's Shannon Airport on Monday and all 193 people on board disembarked safely, a spokesman for the airport said on Monday. Mexico's Aeromexico said in a statement that an alert in the cargo hold of the flight caused it to divert, and a spokesperson later...

  • Officials hint at possible win for Uber in Mexico City Monday, 29 Jun 2015 | 12:03 AM ET

    MEXICO CITY— Times are tough for Uber in many parts of the world, from a recent California ruling that its drivers cannot be classified as contractors to a Paris taxi protest that became a riot and led France's president to promise a crackdown. But the smartphone-based ridesharing app may soon get some good news in Mexico City. Even Mexico City's Human Rights...

  • Mexicans bash Trump pinata, call him imbecile Friday, 26 Jun 2015 | 4:54 PM ET

    MEXICO CITY, June 26- Few presidents of Mexico have managed to unite the country in the way Donald Trump did after he launched his U.S. presidential bid last week with a string of broadsides against America's southern neighbor. "Imbecile," "racist," "absurd" and "ignorant" were some of the less vulgar words used by prominent Mexicans about Trump after the flamboyant real...

  • MEXICO CITY— AT&T Inc. plans to invest about $3 billion to build up its recently acquired Iusacell mobile phone network in Mexico. Iusacell announced Thursday that the plan will extend voice and data services to cover about 100 million people in Mexico by 2018.. AT&T said in January that it plans to create the first North American mobile service area covering...

  • A look at challenges Uber has faced around the world Thursday, 25 Jun 2015 | 1:48 PM ET

    PARIS— Taxi drivers in France went on strike Thursday, smashing car windows, setting tires on fire and blocking traffic to express their displeasure with American ride-hailing service Uber. A judge in December ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said in a preliminary...

  • Why New Mexico has had 32 months of job growth Wednesday, 24 Jun 2015 | 6:52 AM ET
    New Mexico Gov. Susana Martinez

    Its geographical location has made New Mexico a key trade corridor—and thus a top destination for business, says Gov. Susana Martinez.

  • Mexico announces underwater gas pipeline to Texas Monday, 22 Jun 2015 | 5:43 PM ET

    MEXICO CITY— The Mexican government has announced plans for nearly $10 billion worth of electricity and natural gas infrastructure projects, including a gas pipeline under the Gulf of Mexico from Texas to the port of Veracruz. The Federal Electricity Commission said Monday that the costliest project would be the 500- mile underwater pipeline for carrying...

  • MEXICO CITY, June 22- Mexico's state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one of its major operations in the southern Gulf of Mexico, but added any impact on output remained unclear. The explosion is the third high seas incident at Pemex this year after an accident on an offshore maintenance rig- also in the southern...

  • DETROIT, June 22- Air bag maker Takata Corp may have put profits before safety, Democrats on a U.S. Senate committee said in a report released on Monday. The report by the minority on the committee on commerce, science and transportation was released the day before a Washington hearing on Takata's defective inflators, which are linked to more than 100 injuries and...

  • Last week alone, governors of 10 states were jetting across Europe, many converging at an air show in Paris. Others traveled to Canada, South America and Asia. Since the start of 2014, governors have taken or scheduled more than 80 trips to 30 countries in their efforts to increase exports and entice foreign companies to expand in their states, according to a...

  • How Mexico is reacting to Trump's 'rapists' comments Friday, 19 Jun 2015 | 10:47 AM ET
    Donald Trump formally announces his campaign for the 2016 Republican presidential nomination during an event at Trump Tower in New York, June 16, 2015.

    Mexican officials aren't pleased with the racial comments made by Donald Trump in his presidential announcement speech, reports GlobalPost.

  • MEXICO CITY, June 17- Ride-hailing service Uber Technologies Inc is open to being regulated in Mexico City, a company spokesperson said on Wednesday, as the rapidly growing start-up seeks to cement its expansion in one of the largest cities in the Americas. Uber entered Mexico City in 2013, and says it has grown to around 300,000 users. On Wednesday, Ana Paula...

  • MEXICO CITY, June 17- Mexico's Supreme Court on Wednesday ruled in favor of airport operator Grupo Aeroportuario del Pacifico in a four-year dispute with mining and railroad company Grupo Mexico. A source with knowledge of Grupo Mexico's thinking said the decision in favor of GAP was a surprise for the Grupo Mexico and that it would now have no other option but...