MEXICO CITY— Mexico's central bank is lowering its 2017 economic growth forecast for the country to between 1.3 percent and 1.5 percent. President Donald Trump's administration will adopt toward Mexico, its proposals "already tend to signal that to a certain degree it will take actions that obstruct relations between the two countries."
The governing bodies will allow for a six-month comment period, USA Today reports.
Trump may want to succeed on comprehensive immigration reform where Bush and Obama failed — but the same roadblocks could prevail, writes Vox's Dara Lind.
MEXICO CITY, March 1- Mexico's Cemex, one of the world's largest cement producers, is open to providing the raw materials for U.S. President Donald Trump's promised wall between the two neighbors, daily newspaper Reforma reported on Wednesday. "We will gladly do it," Cemex President Rogelio Zambrano told the newspaper, when asked if the company would provide a...
Rivada Networks CEO Declan Ganley talks about whether the company will or will not do business in Mexico, and the developments it has with the Mexican courts.
The latest on foreign reaction to President Donald Trump's speech to Congress:. China says its participation in the World Trade Organization has not only benefited Beijing but global economic growth as well, implicitly rejecting President Donald Trump's claim that it took factories away from the U.S. Trump, in his speech to Congress, said the U.S. has "lost...
It is not clear what exactly Trump would want to see in that bill.
MILAN, Feb 28- European shares edged higher on Tuesday as investors awaited U.S. President Donald Trump's first speech to Congress for more details on his tax cuts and infrastructure spending plans. Investors have also cheered data confirming an economic recovery in Europe and a turn around in company earnings.
Investors looking to bet on President Trump's big speech could benefit hugely by buying these stocks, according to Kensho.
LONDON, Feb 28- European equities steadied on Tuesday, with a rally in shares of companies such as GKN and Meggitt following their encouraging results offset by weaker miners. The STOXX Europe 600 was flat in percentage terms by 1028 GMT. "European markets are trading little changed... traders in Europe seem to be needing persuading to increase their risk exposure...
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.