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Business Mexico

  • NUEVO LAREDO, Mexico, Nov 3- Glafiro Montemayor's scrubland near the U.S. border may not look like much but within a few years he hopes to transform it by building a giant new bridge across the Rio Grande, setting his sights on billions of dollars in U.S.- Mexico trade. Republican candidate Donald Trump's promise to build a wall between the two countries and his...

  • LONDON- Bank of England Deputy Governor Jon Cunliffe speaks at the Association for Financial Markets in Europe Annual dinner- 2055 GMT. BERLIN- Bank of England Executive Director for Resolution Andrew Gracie is a panelist at the Financial Risk and Stability Network Financial Stability Conference 2016- 1245 GMT. CAMBRIDGE, United States- European Central Bank...

  • LONDON- Bank of England Deputy Governor Jon Cunliffe speaks at the Association for Financial Markets in Europe Annual dinner- 2055 GMT. BERLIN- Bank of England Executive Director for Resolution Andrew Gracie is a panelist at the Financial Risk and Stability Network Financial Stability Conference 2016- 1245 GMT. CAMBRIDGE, United States- European Central Bank...

  • Nov 2- Armed robbers stole around 2,000 ounces of gold worth $2.6 million at current prices from Yamana Gold Inc's Jacobina mine in northeast Brazil last month, a company spokesman said on Wednesday. In July another Canadian mining company, Agnico-Eagle Mines, said a group of armed men stormed one of its mines in northern Mexico, making off with an unspecified...

  • Activists hit the 'Pinata' of Donald Trump during demonstration against the US Republicans' Presidential candidate Donald Trump's policies against Mexicans and Latin americans, in front of the Monumento a Benito Juarez in Mexico City, Mexico on October 12, 2016.

    The Mexican peso has become the proxy for U.S. presidential election sentiment this year, and the trend was holding true on Wednesday.

  • WEDNESDAY, NOVEMBER 2 TORONTO- Bank of Canada senior deputy Governor Carolyn Wilkins will speak at an Ontario Securities Commission event- 1715 GMT. OTTAWA- Canadian Finance Minister Bill Morneau is set to be pressed on his fiscal update when he testifies to the Senate's finance committee on a bill to amend the Income Tax Act- 1600 GMT. OSLO- Norway Central Bank...

  • WEDNESDAY, NOVEMBER 2 TORONTO- Bank of Canada senior deputy Governor Carolyn Wilkins will speak at an Ontario Securities Commission event- 1715 GMT. OTTAWA- Canadian Finance Minister Bill Morneau is set to be pressed on his fiscal update when he testifies to the Senate's finance committee on a bill to amend the Income Tax Act- 1600 GMT. OSLO- Norway Central Bank...

  • NEW YORK, Nov 1- A Mexico- based businessman has been arrested in the United States on charges that he and five others engaged in a scheme to fraudulently obtain tax refunds from the Mexican government and launder over $100 million. Carlos Djemal, who according to court papers acquired Mexican-based InvestaBank SA in 2014, was arrested in Chicago and charged in a...

  • Say goodbye to the Nissan Tsuru in Mexico

    Nissan will “cease production” after a zero-star crash test hosted by The Insurance Institute for Highway Safety (IIHS), Global NCAP and Latin NCAP.

  • NEW YORK, Nov 1- A Mexico- based businessman has been arrested in the United States on charges that he and five others engaged in a scheme to fraudulently obtain tax refunds from the Mexican government and launder over $100 million. Carlos Djemal, who according to court papers acquired Mexican-based InvestaBank SA in 2014, was arrested in Chicago and charged in a...

  • MEXICO CITY, Oct 31- Canadian miners are seeking a meeting with Mexico's president to air grievances about issues ranging from the rule of law to aggressive tax collection, according to an unusually strident letter by an industry group published on Monday. President Enrique Pena Nieto should intervene for Mexico to "recover its position in relation to other...

  • Oct 31- Constellation Brands Inc, owner of Corona and Modelo beer, said on Monday it would buy a brewery in Mexico from Grupo Modelo, a subsidiary of Anheuser Busch InBev SA NV, for $600 million. Victor, New York- based Constellation said it submitted the proposal to buy the Obregon brewery to the U.S. Department of Justice, which oversees foreign acquisitions.

  • Oct 31- Constellation Brands Inc, owner of Corona and Modelo beer, said on Monday it would buy Obregon Brewery from Grupo Modelo, a subsidiary of Anheuser Busch InBev SA NV, for $600 million. The company, which submitted the proposal to the U.S. Department of Justice, also raised its 2017 free cash flow forecast to $575 million- $675 million, from the previous forecast...

  • Treasury Secretary Jacob Lew will deliver remarks on the importance of global economic integration and shared growth at the Oxford Union- 1600 GMT. LONDON- Norway Central Bank Governor Oystein Olsen gives a speech to OMFIF in London- 1100 GMT. VANCOUVER- Bank of Canada Governor Stephen Poloz will give a speech in Vancouver- 1600 GMT.

  • Treasury Secretary Jacob Lew will deliver remarks on the importance of global economic integration and shared growth at the Oxford Union- 1600 GMT. LONDON- Norway Central Bank Governor Oystein Olsen gives a speech to OMFIF in London- 1100 GMT. VANCOUVER- Bank of Canada Governor Stephen Poloz will give a speech in Vancouver- 1600 GMT.

  • Treasury Secretary Jacob Lew will deliver remarks on the importance of global economic integration and shared growth at the Oxford Union- 1600 GMT. LONDON- Norway Central Bank Governor Oystein Olsen gives a speech to OMFIF in London- 1100 GMT. VANCOUVER- Bank of Canada Governor Stephen Poloz will give a speech in Vancouver- 1600 GMT.

  • Treasury Secretary Jacob Lew will deliver remarks on the importance of global economic integration and shared growth at the Oxford Union- 1600 GMT. LONDON- Norway Central Bank Governor Oystein Olsen gives a speech to OMFIF in London- 1100 GMT. VANCOUVER- Bank of Canada Governor Stephen Poloz will give a speech in Vancouver- 1600 GMT.

  • MEXICO CITY, Oct 28- Mexican mining, rail, and infrastructure company Grupo Mexico reported a 25.6 percent drop in quarterly net profit that it blamed on an "other income" loss, despite rising revenue from copper production. Grupo Mexico in a filing dated Oct. 27 reported a third-quarter net profit of $220.6 million, compared with $296.5 million a year earlier.

  • MONTERREY, Oct 27- Mexico's Cemex, one of the world's largest cement producers, reported a better-than-expected quarterly net profit on Thursday, driven by a jump in sales in its home country, where it boosted prices. Cemex reported third-quarter net earnings of $286 million, compared with a loss of $44 million in the same period of 2015. In Mexico, one of Cemex's...

  • Life is tough in Santa Cruz Itundujia in the mountains of Oaxaca state and it is made even harder here and in other isolated towns throughout Mexico's rugged interior by a lack of connectivity that complicates everything from education to getting help in medical emergencies. In these remote indigenous hills, President Enrique Pena Nieto's...