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Business Mexico

  • MEXICO CITY, Nov 9- Mexico said on Wednesday it will not pay for a border wall after Donald Trump's surprise U.S. presidential election win and officials held back from taking any action to support the peso despite the currency hitting lifetime lows overnight. Trump's threats to amend the NAFTA trade agreement with Mexico, and to tax money sent home by migrants to...

  • MEXICO CITY, Nov 9- Mexico said on Wednesday it will not pay for a border wall after Donald Trump's surprise U.S. presidential election win and officials held back from taking any action to support the peso despite the currency hitting lifetime lows overnight. Trump's threats to amend the NAFTA trade agreement with Mexico, and to tax money sent home by migrants to...

  • Donald Trump reacts during a campaign event in Selma, North Carolina, November 3, 2016.

    Jim Cramer earlier this week advised investors to be prepared for a Donald Trump surprise victory.

  • LONDON, Nov 9- Mining companies led gains on London's FTSE bluechip index on Wednesday as Republican Donald Trump's victory in the U.S. presidential election spurred hopes for higher metal demand and drove investors to buy gold as a shelter against economic uncertainty. The FTSE mining index rose around 5 percent to its highest level since May 2015 led by gold...

  • MEXICO CITY, Nov 9- Mexico said on Wednesday it will not pay for a border wall after Donald Trump's surprise U.S. presidential election win and local authorities held off announcing any emergency financial measures to support the peso after the currency hit record lows overnight. Trump's threats to rip up a free trade agreement with Mexico and to tax money sent...

  • *BMW, Mercedes, Audi investing in Mexico factories. FRANKFURT/ PARIS, Nov 9- Germany's mighty automakers wasted little time on Wednesday in voicing concern that Donald Trump's election as U.S. president may damage trade, and with it their business. "It is to be feared that the United States under a new president, just like China, will mainly focus on their own economy at...

  • MEXICO CITY, Nov 9- Mexico was pitched into deep uncertainty by Donald Trump's U.S. election victory on Tuesday after a bitterly divisive campaign, raising the prospect of major clashes over trade, immigration and security. The peso currency suffered its biggest fall in 22 years on fears Trump will stick to a campaign pledge to rewrite or dump a free trade treaty...

  • MEXICO CITY, Nov 9- Mexico's peso remained under pressure on Wednesday morning, weakening past 20 pesos per dollar after Donald Trump's surprise U.S. presidential election win, but local authorities held off announcing any immediate mitigating economic measures. Trump's threats to rip up a free trade agreement with Mexico and to tax money sent home by...

  • LONDON, Nov 9- Global markets reacted on Wednesday with concern to Donald Trump's surprise victory in the U.S. presidential election, but construction, pharma and gold mining stocks emerged as big winners in the European trading session. Gains in those three sectors helped pull European stocks off their early lows that had followed a slump in Wall Street...

  • LONDON, Nov 9- Global markets reacted nervously on Wednesday to Donald Trump's surprise victory in the U.S. presidential election, but construction, pharma and gold mining stocks emerged as big winners in the European trading session. Gains in those three sectors helped pull European stocks off their early lows that had followed a slump in Wall Street futures.

  • Mexican charro Carlos Perez, from Ciudad Madera, Chihuahua Mexico, rides bareback during the bareback competition at the 20th Annual Mexican Rodeo Extravaganza that took place at the National Western Stock Show at the Denver Coliseum in Denver, Co o Januar

    The peso has become arguably the most closely watched market proxy for U.S. presidential election sentiment this year.

  • *Trump has warned of tariffs on auto imports from Mexico. Over the past year, Donald Trump has threatened to impose tariffs on imports of cars from Mexico to protect factory jobs in the United States, potentially forcing German carmakers to rethink heavy investments to expand car factories in Mexico. In recent years, German carmakers have expanded their...

  • *STOXX 600 down 0.6 pct, off lows. LONDON, Nov 9- European shares fell on Wednesday after Republican nominee and political outsider Donald Trump won the U.S. presidential election, bringing uncertainty that roiled global markets. Markets had priced a win for Democrat Hillary Clinton, who was seen as a status quo option.

  • MEXICO CITY, Nov 9- Mexico was pitched into deep uncertainty by Donald Trump's U.S. election victory on Tuesday after a bitterly divisive campaign, raising the prospect of major clashes over trade, immigration and security. The Republican candidate has threatened to deport millions of undocumented Mexican migrants, many of whom he described as rapists and...

  • LONDON, Nov 9- European shares fell at the open on Wednesday after Republican nominee and political outsider Donald Trump won the U.S. presidential election, bringing uncertainty which roiled global markets. The STOXX Europe 600 fell 1.1 percent, but well off earlier lows. Markets had priced a win for Democrat Hillary Clinton, who was seen as a status quo option.

  • People attend an event called Souls to the Polls on November 6, 2016 in Cutler Bay, Florida, which aims to encourage minority voter turnout in the key swing state of Florida.

    The GOP candidate has mobilized Hispanic voters and driven record Latino turnout that could deny him the presidency.

  • Upside for Mexican assets after the election?

    The markets have discounted Mexican assets because of the election but they have solid fundamentals, says Brandywine Global IM's Jack McIntyre.

  • Jim Cramer on the set of Mad Money

    Jim Cramer shared where to position money ahead of the inauguration.

  • Donald Trump at a campaign rally in Delaware, Ohio, on Oct. 20, 2016

    A Trump victory could impact emerging market returns. But don’t do anything drastic just yet, say experts.

  • MEXICO CITY, Nov 4- The Mexican government on Friday disqualified one of the two consortia competing to build and run a long-delayed national wholesale mobile network, leaving one group as the sole bidder on the ambitious project. The government disqualified the Rivada consortium from the tender for the network that will use spectrum in the 700 MHz band,...