Business News Mexico City

  • LONDON, Oct 17- Delivery delays to Boeing's 777 X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader fleet requirements, airline President Tim Clark said on Thursday. Dubai- based Emirates has 150 of the 350-400- seat model on order, of which eight were originally slated for delivery next year, and has yet to firm up...

  • MEXICO CITY, Oct 16- Mexican billionaire Carlos Slim said on Wednesday that he expects his investments in Mexico to total more than 100 billion pesos over the course of the administration if his companies receive contracts to build key infrastructure projects.

  • *Drug violence has scarred Mexico, rattled companies. *Cautious approach crimps Mexico startup scene. *Mexico received $175 million venture capital in 2018.

  • DUBAI/ MEXICO CITY, Oct 13- Emirates still has the right to offer flights to Mexico City, the Dubai state-owned carrier said on Sunday, after Mexican airline Aeromexico disputed an agreement between the United Arab Emirates and Mexico. Emirates said earlier this year it would start daily flights to Mexico City International Airport via Barcelona in December,...

  • MEXICO CITY, Oct 7- The U.S. economy is clearly entering a period of deceleration, Mexican Finance Minister Arturo Herrera said on Monday.

  • MEXICO CITY, Oct 7- Those who believe that walls will halt migration are mistaken, Guatemala's President-elect Alejandro Giammattei said at an event in Mexico City on Monday. Giammattei, who takes office in January, added he would sign an "open skies" agreement with Mexico that month, and aimed to create a duty free zone in the Caribbean port of Livingston.

  • Investment in Mexico has been unsettled by President Andres Manuel Lopez Obrador, who took office in December pledging to ramp up growth. That led to a renegotiation which he said would save Mexico $4.5 billion. Lopez Obrador's criticism of the last government's opening of the oil and gas sector to private capital has also raised concern about his desire to...

  • MEXICO CITY, Sept 20- Mexican President Andres Manuel Lopez Obrador said on Friday he did not believe a media report that said Singapore was interested in finishing a new Mexico City airport project that he had canceled a few weeks before he took office in December. Earlier this month, prominent Mexican journalist Carlos Loret de Mola wrote in a column in El...

  • *Venezuela's crude inventories at highest since January 2018. MEXICO CITY/ PUNTO FIJO, Venezuela, Sept 18- V enezuela's state-run oil company PDVSA has suspended some crude blending and cut back production as inventories have swelled and U.S. sanctions scare off buyers and shippers, according to internal documents, sources and data. Venezuela's crude storage...

  • *Venezuela's crude inventories at highest since January 2018. MEXICO CITY/ PUNTO FIJO, Venezuela, Sept 18- V enezuela's state-run oil company PDVSA has suspended some crude blending and cut back production as inventories have swelled due to U.S. sanctions scaring off buyers and shippers, according to internal documents, sources and data. Venezuela's crude...

  • Tinder logo seen displayed on a smartphone.

    Popular dating app Tinder has wrapped filming on its first television series, as owner Match Group Inc seeks to dive deeper into creating original content, people with direct knowledge of the project told Reuters.

  • The ruling by Superior Court of Justice, known as STJ, Brazil's second-highest court, was taken last week and published on Wednesday. Brazil is the second biggest market after the United States in the number of trips by drivers for Uber Technologies Inc, and Sao Paulo is the biggest city, ahead of New York and Mexico City. Similar debates have raged in other Uber...

  • MEXICO CITY, Sept 4- In the run-up to the presentation of Mexico's 2020 fiscal budget, Mexican Finance Minister Arturo Herrera said on Wednesday that fiscal policy will be conducted with prudence and discipline given the outlook for the global economy. Market watchers, credit ratings agencies and investors will pour over the budget proposal when it is...

  • MEXICO CITY, Sept 4- Mexico's Pemex needs more government support for its profitable lines of business, Moody's analysts said Wednesday, underscoring persistent doubts about the strategy for the oil company that ratings agencies see as the top risk to the country's finances. Speaking at an event in Mexico City, Ortiz-Bollin noted that investor confidence in...

  • MEXICO CITY, Sept 4- Uncoordinated policy decisions have shaken investor confidence in Mexico, an analyst with ratings agency Moody's said on Wednesday, adding that the precarious financial situation of state oil company Pemex poses the main risk to economic growth. Moody's analyst Ariane Ortiz-Bollin, speaking at an event in Mexico City, said Pemex's...

  • Sept 3- Venezuela's oil exports fell in August to their lowest level in 2019, internal reports and Refinitiv Eikon data showed, hurt by a halt in purchases by the nation's second largest customer, China National Petroleum Corp, following tougher U.S. sanctions. Overall exports of crude and refined products by state-run oil company Petroleos de Venezuela and...

  • MEXICO CITY, Sept 2- Walmart Inc's Mexico unit has begun offering delivery within three hours for certain home and tech products ordered online, it said on Monday, taking another step to try to best e-commerce rival Amazon.com Inc at speedy shipping. The new service from Walmart de Mexico applies to about 12,000 products within certain dimensions delivered...

  • TITUSVILLE, Fla., Sept 1- Hurricane Dorian, the second-strongest Atlantic storm on record, pounded the Bahamian islands of Great Abaco and Grand Bahama on Sunday night and was forecast to move dangerously close to Florida in the next two days, U.S. forecasters said. At 11 p.m. GMT, the hurricane was about 135 miles from the Florida coast, parts of which were being...

  • A charred trunk is seen on a tract of Amazon jungle that was recently burned by loggers and farmers in Iranduba, Amazonas state, Brazil, August 20, 2019.

    EU leaders threatened to tear up a trade deal with South America, reflecting growing international anger at Brazil as fires in the Amazon intensified an unfolding environmental crisis.

  • BRASILIA/ BRUSSELS, Aug 23- European leaders on Friday threatened to tear up a trade deal with South America, reflecting growing international anger at Brazil as a record number of fires in the Amazon rainforest intensified an unfolding environmental crisis. French President Emmanuel Macron called for G7 leaders to discuss the environmental crisis in...