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Business Mexico

  • SAN PEDRO GARZA GARCIA, Mexico _ Grupo Aeroportuario del Centro Norte SAB de CV on Thursday reported second-quarter net income of $27.5 million. Grupo Aeroportuario del Centro Norte shares have risen 51 percent since the beginning of the year. Keywords: Grupo Aeroportuario del Centro Norte, Earnings Report.

  • CAPE TOWN- South African Reserve Bank starts its three-day monetary policy committee meeting. JAKARTA- Indonesia Central Bank board of governors' meeting. JOHANNESBURG- South African Finance Minister Malusi Gigaba makes an address at the American Chamber of Commerce in South Africa's networking breakfast on "Working towards financial recovery in South...

  • Negotiators fear the renegotiation process could become a political punching bag in Mexico due to President Donald Trump's repeated swipes at Mexico and as Andres Manuel Lopez Obrador from the leftist National Regeneration Movement party leads a number of early polls for next year's election. He argues it has fueled a trade deficit with Mexico and cost...

  • MEXICO CITY, July 19- Mexico's oil regulator, the National Hydrocarbons Commission, set Jan. 31 as the date for the next round of auctions for deep-water oil and gas tenders in the Gulf of Mexico. The so-called 2.4 auctions will offer 30 areas, of which 10 are in the Cordilleras Mexicanas deepwater basin, 10 others in the Salina Basin, nine in the Perdido Fold Belt off...

  • U.S. Customs and Border Protection officer directs trucks entering the United States from Mexico through the Otay Mesa Port of Entry in San Diego, California.

    The first round of talks revamping NAFTA will be Aug. 16-20 in Washington.

  • Ildefonso Guajardo Villarreal, secretary of economy for Mexico, speaks as Wilbur Ross, U.S. secretary of commerce, left, listens during a news conference at the Department of Commerce in Washington, D.C., March 10, 2017.

    U.S., Mexican and Canadian trade officials plan to hold seven rounds of talks in a bid to wrap up the renegotiation of the NAFTA rapidly.

  • Donald Trump

    Most of the Republican Party is populated by die-hard free traders who wouldn’t be fans of a new version of NAFTA, Vox reports.

  • Negotiations to upgrade the accord that underpins over a trillion dollars of trilateral trade between the United States, Mexico and Canada are due to begin from Aug. 16 at a pace that was described as "very aggressive" by one of the Mexican officials. A well-placed Canadian source familiar with discussions said the United States had proposed the schedule, but...

  • MEXICO CITY— Laptops and tablets on U.S.-bound flights from Mexico will be subjected to heightened carry-on security measures beginning Wednesday at the request of the U.S. Department of Homeland Security, Mexican authorities announced. Mexico's Transportation Department said in a statement that the measures apply to "electronics larger than a...

  • MEXICO CITY _ Amer Movil on Tuesday reported second-quarter net income of $770.8 million. Amer Movil shares have risen 37 percent since the beginning of the year. Keywords: Amer Movil, Earnings Report.

  • WASHINGTON— An international robotics competition in Washington attracted teams of teenagers from more than 150 nations. The team that drew the most attention at the FIRST Global Challenge, which ended Tuesday, was a squad of girls from Afghanistan who were twice rejected for U.S. visas before President Donald Trump intervened. Silver went to Singapore and...

  • MEXICO CITY, July 18- America Movil, Latin America's largest telecommunications company by number of subscribers, posted an 86 percent increase in net profit in its second quarter, helped by the peso's gains. America Movil pointed to a 21.8 percent increase in mobile data revenues as a key driver of its success. Analysts had expected America Movil to get a boost...

  • MEXICO CITY, July 18- America Movil, Latin America's largest telecommunications company by number of subscribers, posted an 86 percent increase in net profit in its second quarter, helped by the peso's gains. America Movil pointed to a 21.8 percent increase in mobile data revenues as a key driver of its success. In March, the Federal Telecommunications Institute...

  • MEXICO CITY, July 17- Mexico will announce later this week the bid terms and blocks up for grabs in its next deepwater oil tender, which may include the first areas from the Cordilleras Mexicanas basin, a senior official said on Monday. Mexico's first deepwater oil auction last December included blocks from the Perdido Fold Belt straddling the U.S.- Mexico...

  • SAO PAULO, July 18- Mexico's peso hit a more than 14- month high on Tuesday and Brazil's real firmed sharply after the collapse of a key U.S. healthcare bill fostered doubts about President Donald Trump's economic plans and broadly weighed on the dollar. Currencies from Brazil, Mexico, Chile and Colombia strengthened between 0.5 percent and 0.8 percent,...

  • MEXICO CITY— Mexico's education secretary says an audit of the nation's teaching payroll found more than 44,000 teachers who were getting paid, but not in the classroom. Aurelio Nuno says that more than 17,000 of those teachers were allegedly diverted into union work and still receiving pay without teaching. Nearly 15,000 teachers were in administrative...

  • A worker chats with residents at a section of the U.S. - Mexico border fence at Sunland Park, U.S., opposite the Mexican city of Ciudad Juarez, Mexico January 26, 2017.

    What’s the wait on President Donald Trump’s border wall? Construction hasn’t started, but progress is being made. Here's everything you need to know about the project.

  • A semi truck headed for Windsor, Ontario, drives onto the Ambassador bridge in Detroit, Michigan.

    The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement.

  • Employees work on the assembly line at the Ford Motor plant in Cuautitlan Izcalli, Mexico.

    A private sector advisory group is calling for TPP language to be included in the NAFTA renegotiation.

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. MELBOURNE- Assistant Governor at the Reserve Bank of Australia, Michele...