×

Business Central America

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • NEW YORK, Sept 19- A former partner and part-owner of Mexico's InvestaBank SA pleaded guilty on Tuesday to a U.S. charge that he and others fraudulently obtained $21 million in tax refunds from the Mexican government. The deal includes an order that Djemal forfeit $21 million, and he agreed to sell a mural in his Mexico home to help make that payment.

  • DETROIT— Ford Motor Co. is cutting production at five North American assembly plants through the rest of this year as U.S. demand for new vehicles slips due to lower gas prices. Ford plans a three-week shutdown at its Cuautitlan, Mexico, plant, which makes the Fiesta subcompact, and a two-week shutdown at its Hermosillo, Mexico, plant, which makes the Fusion and...

  • The plants affected include three assembly plants in the United States and two in Mexico, the company said in a statement. The Hermosillo, Mexico plant that builds the Fusion and MKZ and the Flat Rock, Michigan, factory that assembles Continentals and Mustangs will be idled for two weeks each. The Michigan Assembly plant that builds the Focus will be idled for one...

  • The plants affected include three assembly plants in the United States and two in Mexico, the company said in a statement. The Hermosillo, Mexico plant that builds the Fusion and MKZ and the Flat Rock, Michigan, factory that assembles Continentals and Mustangs will be idled for two weeks each. The Michigan Assembly plant that builds the Focus will be idled for one...

  • SAN JUAN, Puerto Rico, Sept 19- Hurricane Maria, the second maximum-strength storm to rage over the Caribbean this month, killed at least one person in Guadeloupe and barreled toward the Virgin Islands and Puerto Rico on Tuesday after devastating the small island nation of Dominica. Croix in the U.S. Virgin Islands, U.S. forecasters said. Just to the north of...

  • Sept 19- A selloff in the Mexican peso accelerated on Tuesday following reports of fires and major damages to buildings in Mexico City in the aftermath of a strong earthquake detected in the southern part of the country.

  • suspended@ SAO PAULO, Sept 19- The Mexican peso turned weaker on Tuesday after a powerful earthquake hit the south of the country, which made the country's stock exchange suspend trading. The 7.1 magnitude earthquake shook buildings in the capital of Mexico City and sent people fleeing into the street. "What we're seeing in the markets is the calm before the storm,"...

  • SAN JUAN, Puerto Rico, Sept 19- Hurricane Maria, the second maximum-strength storm to rage over the Caribbean this month, killed at least one person in Guadeloupe and barreled toward the Virgin Islands and Puerto Rico on Tuesday after devastating the small island nation of Dominica. Croix in the U.S. Virgin Islands, U.S. forecasters said. Just to the north of...

  • Sept 19- The Mexican peso traded slightly weaker against the dollar on Tuesday after a major 7.1- magnitude earthquake hit the state of Puebla in southern Mexico.

  • SAO PAULO, Sept 19- Latin American currencies treaded water on Tuesday on the first day of the Federal Reserve's widely awaited two-day meeting, when the U.S. central bank is expected to provide further clues on when it will hike interest rates again. "What we're seeing in the markets is the calm before the storm," Coinvalores trader Paulo Nepomuceno said.

  • TIJUANA, Mexico— Up to 4,000 Haitians established a community in Mexico's northwest corner after the United States abruptly shut its doors last year. Separately, thousands of Haitians who were taken in by Brazil and other South American countries after the earthquake began making their way to the United States last year through San Diego's San Ysidro border...

  • TIJUANA, Mexico— Jose Luis Millan found a new crop of star employees at an upscale Tijuana car wash where customers cross the border from the U.S. to pay up to $950 to have their prized possessions steamed and scrubbed for hours. The Mexican government has welcomed them with visas that help them fill the need for labor in Tijuana's growing economy.

  • MEXICO CITY, Sept 18- The central Mexican state of Puebla said on Monday it had revoked the operating license of ride-hailing firm Cabify after one of its drivers was arrested on suspicion of murdering a female passenger. The body of Mara Fernanda Castilla, 19, was found near a motel in the city of Puebla on Friday, sparking weekend protests about violence against...

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...

  • MEXICO CITY— Officials in the central Mexico state of Puebla said Monday they have suspended the Cabify ride-hailing app after a female passenger was allegedly killed by a driver. The state interior department said the Spain- based app was suspended because it does not take appropriate security measures. It published a letter from the Puebla state...

  • MEXICO CITY— Developers in Mexico have announced plans for an $840 million theme park on the country's Caribbean coast just north of the resort city of Playa del Carmen. The park will be named "Amikoo," the Mayan pronunciation of "amigo," or friend. Rides will include the "Pirates of Bacalar," referring to a coastal lagoon to the south where pirates once lurked.

  • *Maria's approach threatens Caribbean terminals. Sept 18- Shippers are sending oil cargoes originally bound for Venezuela to other spots in Latin America and the Caribbean, in advance of coming hurricanes that threaten to further disrupt oil flows in the region, according to traders and Reuters data. Hurricane-related supply interruptions may limit...