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Business Central America

  • REUTERS SUMMIT- MEXICO ECONOMY MINISTER GUAJARDO SAYS NEGOTIATING WIDER TRADE OPENING WITH ARGENTINA AND BRAZIL BECAUSE NEEDS "PLAN B" IF NAFTA TALKS NEGATIVE.

  • REUTERS SUMMIT- MEXICO ECONOMY MINISTER GUAJARDO SAYS TRADE TALKS WITH BRAZIL AND ARGENTINA "VERY ADVANCED," AIMS TO CONCLUDE THEM THIS YEAR.

  • REUTERS SUMMIT- MEXICO ECONOMY MINISTER GUAJARDO SAYS IMPORTANT TO KEEP DISPUTE MECHANISMS IN NAFTA BUT CANNOT SAY WHAT FORM THEY WILL TAKE AFTER RE-NEGOTIATION.

  • MEXICO CITY, Aug 7- Tropical Storm Franklin churned toward the tourist hubs along Mexico's Caribbean coast on Monday, and is expected to strike the east coast of the Yucatan Peninsula just south of major resorts, according to the U.S. National Hurricane Center. Heavy rainfall and flash flooding is possible across the Yucatan and parts of Belize.

  • **LIMA- Peru Central Bank President Julio Velarde is scheduled to be interviewed at the Reuters Latam Summit 2017 1600 GMT. SYDNEY- Reserve Bank of Australia Assistant Governor Christopher Kent speaks at The Bloomberg Address 2235 GMT. **BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT.

  • MEXICO CITY, Aug 7- Tropical Storm Franklin churned toward the tourist hubs along Mexico's Caribbean coast on Monday, and is expected to strike the Yucatan Peninsula Tuesday just south of major resorts, according to the U.S. National Hurricane Center. Franklin, which formed on Sunday, is located 155 miles east of Chetumal, the Mexican city near the country's...

  • MEXICO CITY, Aug 4- Toyota Motor Corp said on Friday it planned to build pickup trucks and possibly SUVs at a new plant in Mexico, a move that followed threats by U.S. Toyota de Mexico spokesman Luis Lozano said the global auto maker would study producing SUVs in Guanajuato, in addition to the Tacoma truck model. "Instead of building lower value cars that generally...

  • MEXICO CITY, Aug 4- Toyota Motor Corp on Friday said it planned to build pickup trucks and possibly SUVs at a new plant in Mexico, a move that followed threats by U.S. Toyota de Mexico spokesman Luis Lozano said the global auto maker would study producing SUVs in Guanajuato, in addition to the Tacoma truck model. "Instead of building lower value cars that generally...

  • Toyota North America chief Jim Lentz told Reuters in an interview the automaker has not started searching for sites for the plant, expected to employ 4,000 workers, but would locate the factory near Toyota's existing supply chain. Toyota has 10 U.S. plants in eight states in an arc that runs from West Virginia through Kentucky, Indiana, Alabama, Mississippi and...

  • MEXICO CITY, Aug 4- Toyota Motor Corp will study producing SUVs at a plant it is building in Mexico's central state of Guanajuato, in addition to the Tacoma truck model, Toyota de Mexico spokesman Luis Lozano told Reuters on Friday. Toyota plans to take a 5 percent share of smaller Japanese rival Mazda Motor Corp as part of an alliance that will see the two build a $1.6...

  • SAO PAULO, Aug 3- Brazil's holding company J&F Investimentos SA said it signed an agreement to sell dairy company Vigor Alimentos SA to Mexico's Grupo Lala SAB de CV. In a statement, J&F, which holds investments of the billionaire Batista family and is also the controlling shareholder of JBS SA, the world's largest meatpacker, said the enterprise value of the...

  • MEXICO CITY, Aug 3- Ratings agency Fitch Ratings on Thursday revised its outlook for Mexico's credit to stable from negative, the second such upward revision for the sovereign in the last month by credit ratings agencies as the worst fears about the country's economy subside. "Fitch believes the risk of a disruptive scenario that could undermine Mexico's...

  • WASHINGTON/ DETROIT Aug 3- Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said. Japan's Nikkei reported earlier on Thursday that Toyota would take a roughly 5 percent stake in Mazda Motor Corp to develop key electric...

  • FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of Australia publishes monetary policy statement- 0130 GMT. TUESDAY, AUGUST 8 SYDNEY- Assistant Governor at the Reserve Bank of Australia Christopher Kent speaks at The Bloomberg Address, Sydney 2235 GMT. MELBOURNE Reserve Bank of Australia governor Philip Lowe appears before the House Economics committee- 2330 GMT.

  • Aug 3- Viacom Inc, the owner of MTV, Comedy Central and Paramount, said on Thursday Chinese studio Huahua Media delayed a payment to the company in June and that it expected continued single digit declines in ad revenue this quarter, sending its stock down sharply after hours. In January, Viacom announced a $1 billion cash investment from two Chinese film companies,...

  • WASHINGTON/ DETROIT Aug 3- Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to launch a joint venture and build a new U.S assembly plant, a person briefed on the matter said. Japan's Nikkei reported on Thursday that Toyota would take a roughly 5 percent stake in Mazda Motor Corp to develop key electric vehicle technologies and...

  • JERUSALEM, Aug 3- Teva Pharmaceutical Industries said on Thursday it would continue to pursue a breach of contract suit against the former owners of its Rimsa plant in Mexico after a New York judge rejected Teva's claim of fraud. Israel- based Teva, the world's largest generic drugmaker, bought the Rimsa plant in 2016 in a $2.3 billion deal, only to shut it down...

  • **BUENOS AIRES- UK Finance Minister Philip Hammond visits Argentina on Wednesday and Thursday for meetings with President Mauricio Macri, Treasury Minister Nicolas Dujovne and Finance Minister Luis Caputo. PRAGUE- Czech National Bank holds Monetary Policy Meeting followed by Statement and presentation- 1100 GMT. FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of...

  • MEXICO CITY, Aug 1- Brazilian stocks rose on Tuesday, lifted by corporate news and quarterly reports, while Mexican stocks bounced back from a four-day slump after earnings reports disappointed some investors. But shares of Genomma Lab fell more than 2 percent to an over three-month low, extending a drop following its earnings report last week.

  • TUESDAY, AUGUST 1 SYDNEY- Reserve Bank of Australia holds monetary policy decision meeting- 0430 GMT. PRAGUE- Czech National Bank holds Monetary Policy Meeting. FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of Australia publishes monetary policy statement- 0130 GMT.