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Business Mexico

  • CERRO VERDE UNION SAYS STRIKE HAS HALTED PRODUCTION AND WILL GO ON INDEFINITELY UNTIL LABOR DEMANDS MET.

  • A line of trucks wait for sugar to be unloaded from a vessel at the Port of Veracruz in Veracruz, Mexico, on Thursday, Aug. 29, 2013.

    A ship loaded with sugar was stranded in port on the east coast of Mexico because of the break down in stop-gap measures with the USA.

  • WASHINGTON, March 9- Accords to update trade relations between Mexico and the United States could be possible toward the end of this year, Mexican Foreign Minister Luis Videgaray said on Thursday, hinting at a quicker timetable than U.S. officials have ventured so far. Mexico is facing tough negotiations with Washington because U.S. Trump has vowed to bring back...

  • MEXICO CITY, March 9- Motorists will be able to fill up their gas tanks at about 1,500 new BP service stations the oil major plans to open across Mexico over the next five years, company executives said on Thursday. The entry of Britain's BP into Mexico's fuel market, which by law was closed for decades to all firms except national oil company Pemex, marks the first...

  • HOUSTON, March 9- A pipeline network with spare capacity could allow Mexico to export oil and gas from its flagship offshore Trion project to the United States, the head of Mexico's oil regulator said on Thursday. Other options for Trion production include building pipelines to the nearest ports, most likely Mexico's Tampico or Brownsville in Texas, or setting...

  • SANTIAGO, March 9- SunPower Corp has put a large solar plant in Chile up for sale, according to two sources with knowledge of process, as the second largest U.S. solar panel maker seeks to cut costs across the globe. It was not clear how much equity SunPower had invested in the project, though solar projects in Chile typically require a 30-45 percent equity stake.

  • HOUSTON, March 9- A pipeline network with spare capacity could allow Mexico to export oil and gas from its flagship offshore Trion project to the United States, the head of Mexico's oil regulator said on Thursday. Although a development plan has yet to be submitted, the consortium could use a cheaper and quicker option of getting production to the United States by...

  • Emerging market economies appear to be exposed to proposed border adjustment tax policies by Republicans; Bank of America Merrill Lynch.

  • March 8- Samsung Electronics Co Ltd is planning to expand its U.S. production facilities, shifting some manufacturing from Mexico, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The company is in early talks to open a new home appliance-making facility in the United States, a Samsung spokesperson said in a statement on...

  • In January when Ford canceled a $1.6 billion plant in San Luis Potosi it was a major victory for President Trump's campaign to force U.S. industry to bring jobs home, but it also sparked fears of a slump in foreign investment in Mexico. Trump has threatened to ditch the North American Free Trade Agreement between the United States, Mexico and Canada if he cannot...

  • *Strauss working with women farmers in Honduras, Vietnam, Congo. TEL AVIV/ TEGUCIGALPA, March 8- From the sparsely populated mountains of Honduras to an island on Congo's Lake Kivu, women- many of them victims of domestic violence- have united to provide for their families by growing coffee. In Ethiopia, Nestle provides training in agronomy and farm management to...

  • But Reuters interviews with executives and lobbyists who met with him at the White House reveal a Trump who is very different from his uncompromising and demanding zrealDonaldTrump Twitter handle. Jan. 3- General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. What he told automakers at Jan. 24 White House meeting:.

  • (L-R): OPEC Secretary General Mohammad Barkindo, Mexican Deputy Secretary of Energy for Hydrocarbons Aldo Flores-Quiroga , Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih and Russian Energy Minister Alexander Novak.

    OPEC and non-OPEC oil producers, in an impromptu press briefing, reaffirmed their commitment to their production agreement.

  • ZAGREB- Croatia National Bank monetary policy meeting. MANILA- Philippine Central Bank Governor Amando Tetangco to deliver keynote speech at an awards night for the country's fixed income trading platform, at the Makati Shangri-La Hotel- 1000 GMT. LIMA- Central Bank of Peru interest rate decision.

  • March 7- A highly pathogenic strain of bird flu was found in a chicken breeder flock on a Tennessee farm contracted to Tyson Foods Inc, the first discovered in the United States this year. POULTRY PRODUCING STATES Georgia: 1.340 billion broiler chickens in 2015 Alabama: 1.083 billion Arkansas: 962 million North Carolina: 823 million Mississippi: 723 million...

  • Sec. Ross: Fixing NAFTA will help Mexico

    Commerce Secretary Wilbur Ross discusses the flaws in NAFTA and the opportunities for U.S. and Mexican business.

  • Mexico canceled existing sugar exports to the United States amid a dispute over the pace of shipments.

  • Renault-Nissan has no plans to move out of Mexico despite speculation that the anticipated revision of NAFTA could slap tariffs on trade.

  • Mexico has canceled existing sugar export permits to the U.S. to avoid penalties in a dispute over the pace of shipments, a document said.

  • We are used to dealing with political change, Trump's border tax is not an exception

    Renault-Nissan Chairman and CEO Carlos Ghosn discusses how his company will address a potential U.S. border tax.