Trump has threatened to slap hefty taxes on imports from Mexico to the United States and to scuttle the North American Free Trade Agreement with Mexico and Canada if it cannot be renegotiated to benefit U.S. interests. Femsa, which said it would raise capital expenditure modestly this year to $1.3 billion, flagged uncertainty over NAFTA, foreign direct...
Here are some of the key stories CNBC is following this hour:
In a letter to shareholders, GE's CEO Immelt says the global economy is being tested.
Mexico will break off negotiations with Donald Trump if a tariff on its products is imposed.
MONTERREY, Mexico _ Fomento Economico Mexicano SAB on Monday reported fourth-quarter earnings of $336.4 million. On a per-share basis, the Monterrey, Mexico- based company said it had profit of 90 cents. The Coca-Cola bottler posted revenue of $5.54 billion in the period.
"We're in an era when some very basic assumptions about the global economy are being tested," said Immelt in a letter to shareholders.
Bob Parker, senior advisor at Credit Suisse, discusses EM and political risk, suggesting that Marine Le Pen could beat Emmanuel Macron to become the French president.
ALGIERS, Feb 26- Algeria's Sonatrach wants to start offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp and Anadarko as well as Italy's Eni, a source at the state energy company told Reuters on Sunday. "Seismic operations carried out by Sonatrach have shown an interesting potential in the areas including Bejaia and Oran," said the...
The number of demonstrators had dwindled from the thousands who poured into the camp starting in August to oppose the pipeline that critics say threatens the water resources and sacred land of the Standing Rock Sioux Tribe. The 1,170- mile line, built by Energy Transfer Partners LP, will move crude from the shale oilfields of North Dakota to Illinois en route to...
Homeland Security will solicit prototype pitches next month to fulfill President Donald Trump's promise to build a border wall with Mexico. NBCNews reports.
MEXICO CITY _ Coca-Cola FEMSA SAB on Friday reported fourth-quarter profit of $176.9 million. Coca-Cola FEMSA shares have climbed almost 4 percent since the beginning of the year. Keywords: Coca-Cola FEMSA, Earnings Report.
Actis COO Andrew Newington discusses investment in Mexico in light of the country's troubled relationship with the Trump administration.
U.S. President Donald Trump’s protectionist tone will likely hand China significant soft power on trade deals, economists said.
William Adams of The PNC Financial Services Group says the uncertainty facing the Mexican economy will result in lower growth or a recession.
MEXICO CITY, Feb 23- Mexico on Thursday expressed "worry and irritation" about U.S. policies to two of President Donald Trump's top envoys, giving a chilly reply to the new administration's hard line on immigration, trade and security. The U.S. government angered Mexico this week by saying it was seeking to deport many illegal immigrants to Mexico if they entered...
MEXICO CITY, Feb 23- Mexico on Thursday expressed "worry and irritation" about U.S. policies to two of President Donald Trump's top envoys, giving a chilly reply to the new administration's hard line on immigration, trade and security. The U.S. government this week angered Mexico by saying it was seeking to deport many illegal immigrants to Mexico if they entered...
Those attending the Mexico's Manufacturing Supply Chain Summit said that NAFTA, the 23- year-old trade agreement between the U.S., Mexico and Canada, generates billions in trade annually but said they are convinced it will be renegotiated and not eliminated. The forum happened as Secretary of State Rex Tillerson visited Mexico amid what many consider is the...
Tillerson is working to smooth over tensions with Mexico that have flared since Trump took office, NBC News reports.
Rex Tillerson continued talks with Mexican officials on Thursday ahead of a planned meeting with President Enrique Peña Nieto, NBC News reports.
Donald Trump met with two dozen of the country's major companies on Thursday to discuss economic policies and job growth.