Business Mexico

  • BRASILIA- Brazil central bank holds monetary policy committee meeting SARAJEVO- The President of the European Bank for Reconstruction and Development Suma Chakrabarti will visit Bosnia and Herzegovina. WEDNESDAY, AUGUST 31 BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial...

  • MEXICO CITY, Aug 29- Mexico's Finance Ministry on Monday said it had wrapped up what traders consider the world's biggest sovereign derivatives trade, guaranteeing an average price of $42 per barrel for crude oil exports in 2017.. Due to the government's dependence on oil income, Mexico hedges its crude every year and the deals are closely watched by the market...

  • DETROIT— Air bag maker Takata Corp.' s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others. The truck, operated by a subcontractor, crashed, caught fire and exploded Aug. 22 in the small town of Quemado, about 140 miles from San...

  • Aug 29- A truck that was transporting Takata Corp air bag inflators and propellants at the center of a global recall exploded in Texas last week, killing one woman and injuring four other people, the auto parts supplier said on Monday. Texas state officials did not immediately return calls for comment early on Monday. Takata has a warehouse in Eagle Pass, which is...

  • TOKYO, Aug 29- A truck transporting Takata Corp air bag inflators and propellants that are at the center of a global recall exploded in Texas earlier this month, resulting in one death and four injuries, the embattled auto parts supplier said on Monday. The truck operated by a subcontractor was traveling to a Takata plant in Eagle Pass, Texas, on Aug. 22 when the...

  • U.S. Republican presidential candidate Donald Trump speaks during a campaign rally in Manchester, New Hampshire.

    Republican presidential nominee Donald Trump tweeted on Sunday that he would make a major speech on illegal immigration in Arizona on Wednesday.

  • SATURDAY, AUGUST 27 SEOUL- South Korea Finance Minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. MONDAY, AUGUST 29 JOHANNESBURG- South African Reserve Bank Deputy Governor Daniel Mminele and Bundesbank executive board member Andreas Dombret will brief the media on the bilateral cooperation between the central banks of South Africa and...

  • MEXICO CITY, Aug 25- Mexican construction firm ICA reported on Thursday a much wider loss in the second quarter compared with the year-earlier period, as revenue was nearly halved and financial costs rose. The company, which has not posted a profit since 2013 and has defaulted on multimillion-dollar debt payments, lost 3.36 billion pesos in the April-June...

  • SATURDAY, AUGUST 27 SEOUL- South Korea finance minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. BISHKEK- National Bank of the Kyrgyz Republic interest rate decision. BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting.

  • CHISINAU- National Bank of Moldova interest rate decision. NAIROBI- African Development Bank President Akinwumi Adesina holds a press conference to highlight Africa's economic growth progress and list structural challenges that hinder the continent from achieving rapid, inclusive and sustainable growth- 1330 GMT. SATURDAY, AUGUST 27 SEOUL- South Korea...

  • A United States Customs agent waits for a northbound truck crossing the border to enter the United States from Nogales, Sonora, Mexico.

    Mexico's peso currency has been unusually volatile and anti-Mexico, and protectionist talk during U.S. election season is blamed.

  • TORONTO/ MEXICO CITY, Aug 24- Mexican regulators said they are examining whether mining company Goldcorp Inc broke any regulations in its handling of a long-running leak of contaminated water at Mexico's biggest gold mine. Levels of the mineral selenium rose in one groundwater monitoring well near Goldcorp's Penasquito mine as early as October 2013,...

  • **JOHANNESBURG- South African Finance Minister Pravin Gordhan take part in a debate on the economy- 1700 GMT. **PRETORIA- South African Reserve Bank Conference on Collaboration for Building Cyber Resilience. Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT.

  • Mexico City

    Standard & Poor's lowered Mexico's sovereign credit outlook to negative from stable, adding that a downgrade could happen in the next two years.

  • NEW YORK— With government officials now warning pregnant women to avoid Miami Beach in addition to Puerto Rico, some sun seekers are desperately scrambling for a Zika-free vacation. Travel experts say families worried about Zika are now looking to Arizona and Southern California to get some sun, along with cooler weather locales such as New England and Canada.

  • The United States issued $10.5 billion in green bond sales last year, compared with $600 million in Brazil. In a separate issuance by Nacional Financiera, Mexico raised $500 million in a dollar-denominated green bond issuance last year in New York. Mexican insurers, oft-cited as likely buyers of green bonds in the future, stayed away from the Nacional...

  • MEXICO CITY, Aug 22- Debt-laden Mexican builder ICA is in final talks to bid with Ferrovial and two other partners to build a new $3.5 billion Mexico City airport terminal, four sources said, after the Spanish construction company mulled scrapping the joint bid plans. The two companies are in talks with Dragados, a unit of Spain's Grupo ACS, and GP Construccion, a...

  • DALLAS— Most restrictions on flights between the U.S. and Mexico will lift on Sunday, a change expected to bring more options and possibly lower prices for travelers. American, Delta and Southwest have already announced that they will offer new flights across the border later this year. The United States and Mexico agreed in December to open their aviation...

  • SEATTLE, Aug 17- Boeing Co is not experiencing any slippage in demand for jetliners in China, despite the country's sluggish pace of economic growth, a senior Boeing executive said on Wednesday. "We're not seeing any softness yet," Ihssane Mounir, Boeing's senior vice president of sales for Northeast Asia, said at a briefing marking the 50th 787 Dreamliner...

  • SAO PAULO, Aug 17- Latin American stocks were mixed on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers agree they need more economic data before raising U.S. interest rates. Mexico's blue-chip IPC index closed down 0.19 percent, with shares in Grupo Financiero Banorte among the top fallers. Mexico's peso closed down 0.41...