Business News Mexico

  • ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary policy committee meeting. ACCRA- Central Bank of Ghana holds monetary policy committee meeting. TUESDAY, JANUARY 29 PRAGUE- Czech Central Bank Vice-Governor Tomas Nidetzky gives an interview on monetary policy ahead of the February 7 board meeting where the central bankers...

  • WASHINGTON, Jan 18- The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. President Donald Trump is pushing China to agree to regular reviews of its compliance as a condition of any trade deal between the world's two biggest economies, according to people familiar...

  • WASHINGTON, Jan 18- U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. The drop in confidence reported by the University of...

  • WASHINGTON, Jan 18- U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago amid fears an ongoing partial shutdown of the federal government and financial market volatility would slow the economy. The drop in confidence reported by the University of Michigan on Friday is the...

  • Chinese output data on Monday will set the tone for a week that also sees the first policy updates of the year by the European Central Bank and the Bank of Japan against the backdrop of a continued global economic slowdown. In the United States, results from blue-chip companies including IBM will give Wall Street traders something to chew on while officials in...

  • WASHINGTON, Jan 18- As the partial U.S. government shutdown hit the four-week mark on Friday, tensions mounted in Washington on either side of the standoff over President Donald Trump's demand for $5.7 billion to help fund a U.S.- Mexico border wall. The Senate was expected to reconvene on Friday, but its exact plans were unsettled. After House Speaker Nancy...

  • WASHINGTON, Jan 18- As the partial U.S. government shutdown hit the four-week mark on Friday, tensions mounted in Washington on either side of the standoff over President Donald Trump's demand for $5.7 billion to help fund a U.S.- Mexico border wall. The Senate was expected to reconvene on Friday, but its exact plans were unsettled. The Republican-controlled...

  • NEW YORK/ SAN FRANCISCO, Jan 18- Detained in a California lockup with hundreds of other immigrants seeking asylum, Duglas Cruz faced a choice. But his $1- a-day salary at the privately run Adelanto Detention Facility did not stretch far. That is more than four times the price at a Target store near the small desert town of Adelanto, about two hours northeast of Los...

  • Jan 17- Netflix Inc forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world's largest streaming service down 4 percent in after-hours trading. "Results won't push its stock higher from here, with most of the good news already priced in after a massive rally...

  • WASHINGTON, Jan 17- Treasury Secretary Steven Mnuchin on Thursday declined a request by the Democratic chairman of the U.S. House of Representatives tax committee to testify next week about the partial government shutdown's impact on the upcoming federal tax filing season. In a letter to House Ways and Means Committee Chairman Richard Neal, the Treasury...

  • WASHINGTON, Jan 17- President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week due to the partial U.S. government shutdown, according to a statement released by Press Secretary Sarah Sanders on Thursday. Trump, who attended last year's Davos event, had planned to go again this year but pulled out last week...

  • Jan 17- Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading. Netflix reported revenue of $4.19 billion for the quarter that ended in December, slightly below the $4.21 billion that Wall Street analysts had...

  • Brazil's Economy Minister Paulo Guedes is expected to detail the pension reform proposal at the World Economic Forum's annual meeting in Davos next week, a government source said on Thursday. Brazilian President Jair Bolsonaro's chief of staff earlier this week had said that the government will settle on a model for its pension reform proposal only after...

  • CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...

  • Jan 17- Brazil stocks fell as investors waited for details on a pension reform plan and Latin American currencies retreated against the U.S. dollar on diminished risk appetite over worries about China's economic outlook and its trade row with the United States. Brazil's benchmark index fell 0.2 percent with banks leading declines as investors waited for any...

  • WASHINGTON, Jan 17- The number of Americans filing applications for jobless benefits unexpectedly fell last week, pointing to sustained labor market strength that should continue to underpin the economy. Initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 213,000 for the week ended Jan. 12, the Labor Department said on...

  • People walk outside of the New York Stock Exchange.

    The U.S. government shutdown over President Donald Trump's call for Congress to fund a wall he promised to build on the U.S.- Mexican border is threatening another campaign pledge to make rules easier to navigate for banks and corporations.

  • President Donald Trump

    President Trump has changed his tune in the last three years when it comes to how he is going to pay for his border wall.

  • President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but "they are a fact of life when Trump is in the White...

  • Tax penalties will be waived generally for taxpayers who have paid at least 85 percent of their total liability through withholding, quarterly estimated tax payments or a combination of the two, the IRS said. The IRS released updated federal tax withholding tables early in 2018 to reflect adjustments in the tax law. The new policy also comes at a time when the IRS...