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Business Mexico

  • MEXICO CITY, Dec 11- Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America. Authorities from Mexico to Brazil have tried to rein in Uber's use of cash payments, in Brazil because of concerns that...

  • Europe's biggest bank marked an end to the threat of further punishment for lapses in its anti-money laundering controls.

  • MEXICO CITY, Dec 8- Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices. Pemex, or Petroleos Mexicanos, on Friday cited a late October deepwater pre-salt oil auction in Brazil for lessening...

  • WASHINGTON, Dec 8- NAFTA trade negotiators convene in Washington next week for a limited round of talks unlikely to move the needle on major sticking points, but aimed at demonstrating some progress towards closing easier chapters. Last month's round of negotiations to update the North American Free Trade Agreement in Mexico City failed to resolve major...

  • MEXICO CITY, Dec 8- Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices. Pemex, or Petroleos Mexicanos, on Friday cited a late October deepwater sub-salt oil auction in Brazil for lessening...

  • SYDNEY- Reserve Bank of Australia Governor Philip Lowe will give a speech at the Australian Payment Summit 2017 in Sydney- 2215 GMT. SYDNEY- Reserve Bank of Australia Assistant Governor Chris Kent will give a speech at the 30th Australasian Finance and Banking Conference in Sydney- 0000 GMT. SYDNEY- Reserve Bank of Australia Payments Policy Head Tony Richards...

  • The payment confirmation page is displayed on the Didi Chuxing application in this arranged photograph taken in Shanghai, China, on Sunday, May 22, 2016.

    Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, according to two sources familiar with the plans.

  • MEXICO CITY/ SAN FRANCISCO, Dec 7- Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. Didi has no cars outside China, meaning Mexico could be its first international operation. Didi, whose brand is ubiquitous in China but little-known in the...

  • Enrique de la Madrid Cordero: Mexico, US should work on responsible drinking

    Enrique de la Madrid Cordero, Mexico secretary of tourism, discusses how the Mexican government is combating reports of tainted liquor and crime, both of which are deterring tourists from traveling to the country.

  • LA CEIBA, HONDURAS— Officials: Fugitive Kentucky lawyer embroiled in massive Social Security fraud case is captured in Honduras.

  • *Inventories in Singapore, Fujairah climb. By the end of October, fuel oil refining margins in Singapore were around 30 percent higher than the same time a year ago. "It's not too surprising," said one Singapore- based fuel oil trader.

  • Assembly at the Ford Flat Rock Assembly Plant in Flat Rock, Michigan.

    Months after Ford canceled plans to build a plant in Mexico, it said it plans to shift production of an electric vehicle to Mexico.

  • LEON, Mexico, Dec 6- An executive at carmaker Volkswagen's Mexico unit said on Wednesday there is room to boost regional tariff-free content for autos made in North America, a central plank of the Trump administration's plan to overhaul NAFTA. President Donald Trump argues that NAFTA has led to a flight of manufacturing jobs from the United States to lower cost...

  • NEW YORK— Authorities say a Mexico- based airline's passenger jet mistakenly lined up to land on a New York City airport runway as another plane was about to take off. The Federal Aviation Administration says Volaris Airlines Flight 880 from Mexico City was approaching Kennedy International Airport around 1:25 p.m. Tuesday when an air traffic controller...

  • Gold bars seen at Gold Investments bullion dealers in London, U.K., on January 15, 2014.

    The U.S. dollar was softer on concerns over the progress of a U.S. tax reform plan and a potential government shutdown.

  • MEXICO CITY, Dec 5- Uber Technologies Inc said on Tuesday it will stop accepting cash payments in the central Mexican state of Puebla to comply with demands from authorities, as the ride-hailing company faces a new wave of regulation in Mexico. Following the murders of two female college students, lawmakers in Puebla approved new rules in October aimed at better...

  • *Catalan pro-independence parties push for split from Spain. "Carrying on as before means chaos," said Jordi Alberich, managing director of Cercle d'Economia, a business association based in the Catalan capital, Barcelona. The election is seen by pro-independence parties as a de-facto referendum on a split from Spain following a banned plebiscite which led to...

  • *Catalan pro-independence parties push for split from Spain. "Carrying on as before means chaos," said Jordi Alberich, managing director of Cercle d'Economia, a business association based in the Catalan capital, Barcelona. The election is seen by pro-independence parties as a de-facto referendum on a split from Spain following a banned plebiscite which led to...

  • *Catalan pro-independence parties push for split from Spain. "Carrying on as before means chaos," said Jordi Alberich, managing director of Cercle d'Economia, a business association based in the Catalan capital, Barcelona. The election is seen by pro-independence parties as a de-facto referendum on a split from Spain following a banned plebiscite which led to...

  • *Catalan pro-independence parties push for split from Spain. "Carrying on as before means chaos," said Jordi Alberich, managing director of Cercle d'Economia, a business association based in the Catalan capital, Barcelona. The election is seen by pro-independence parties as a de-facto referendum on a split from Spain following a banned plebiscite which led to...