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Business Mexico

  • MEXICO CITY— Mexico and the European Union reached a deal to update their nearly 20- year-old free trade agreement on Saturday, including the elimination of tariffs on a number of Mexican agricultural products. Mexico is in ongoing talks with the United States and Canada on overhauling the North American Free Trade Agreement. It said that since the accord took...

  • *For EU, Mexico adds to deal already agreed with Japan. BRUSSELS, April 21- The European Union and Mexico reached an agreement on Saturday on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States under President Donald Trump. The agreement in principle with Mexico follows a deal struck last year with Japan and...

  • MEXICO CITY, April 20- A Mexican judge has blocked a company associated with U.S. toymaker Mattel Inc from commercializing the image of artist Frida Kahlo, her family says, as it seeks to halt sales of a Barbie doll styled after the influential artist. The company said at the time that it had reached an agreement to manufacture the doll with the Frida Kahlo...

  • WASHINGTON, April 20- Canada and Mexico on Friday said good progress had been made in talks with the United States to modernize the North American Free Trade Agreement and that ministers would meet again on Tuesday as they push to wrap up a deal. The three ministers are pressing for a quick deal to avoid clashing with a July 1 presidential election in Mexico, which...

  • The company said at the time that it had reached an agreement to manufacture the doll with the Frida Kahlo Corporation, which says on its website that it owns the trademark rights to the artist's image worldwide. In a Twitter post on Wednesday, the family's official account, zFridaKahlo, wrote that a Mexico City judge had ordered the Frida Kahlo Corporation to...

  • MEXICO CITY— Distant relatives of the late Mexican artist Frida Kahlo said Friday they have won a temporary injunction that stops sales of a Frida Barbie doll. Kahlo's great-niece Mara de Anda Romeo argues that Mattel doesn't have the rights to use Kahlo's image as part of its Inspiring Women series. Mattel has said it worked with the Panama- based Frida Kahlo...

  • April 20- Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported lower-than expected quarterly revenue on Friday despite a 1 percent overall increase in rail volumes. Kansas City Southern dominates cross-border rail trade between the United States and Mexico and draws about 30 percent of its revenue from U.S.- Mexico...

  • SANTA FE, Mexico _ Controladora Vuela Compania de Aviacion SAB. de CV on Friday reported a loss of $61 million in its first quarter. On a per-share basis, the Santa Fe, Mexico- based company said it had a loss of 60 cents.

  • In a story April 17 about the death of Matthew Mellon, The Associated Press reported erroneously that Mellon had died at a rehabilitation center in Cancun, Mexico. Billionaire banking heir Matthew Mellon dies at 54. Billionaire banking heir Matthew Mellon has died.

  • U.S. Customs and Border Protection agent Tekae Michael stands at a lookout point on April 17, 2018 in San Diego, California.

    California has reached a deal with the Trump administration to provide 400 National Guard troops to combat criminal gangs, human traffickers and illegal firearm and drug smugglers within the state and at the U.S.-Mexico border.

  • A semi truck headed for Windsor, Ontario, drives onto the Ambassador bridge in Detroit, Michigan.

    Time is of the essence if a deal on the North American Free Trade Agreement is going to be reached, Kentucky Gov. Matt Bevin says.

  • DUBAI, April 18- Emirates has revived prospects of non-stop flights to Panama, the airline said on Wednesday, encouraged by development potential in Latin America. The Middle East airline shelved plans for flights to Panama City from its Dubai hub in early 2016 after it was unable to secure enough code-share agreements to make the route feasible.

  • CIUDAD JUAREZ, Mexico, April 18- Magda Rubio had just launched her campaign for mayor of a small city in northern Mexico, when a chilling voice came through her cell phone. An explosion of political assassinations in Mexico has cast a pall over nationwide elections slated for July 1, when voters will choose their next president and fill a slew of down-ballot posts.

  • CIUDAD JUAREZ, Mexico, April 18- Magda Rubio had just launched her campaign for mayor of a small city in northern Mexico, when a chilling voice came through her cell phone. An explosion of political assassinations in Mexico has cast a pall over nationwide elections slated for July 1, when voters will choose their next president and fill a slew of down-ballot posts.

  • JAKARTA- Indonesia Central Bank holds Board of Governors Meeting.. BUENOS AIRES- Central Bank of Argentina releases monetary policy statement. BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT.

  • SAN PEDRO GARZA GARCIA, Mexico _ Grupo Aeroportuario del Centro Norte SAB de CV on Tuesday reported first-quarter net income of $32.4 million. The San Pedro Garza Garcia, Mexico- based company said it had net income of 67 cents per share. Grupo Aeroportuario del Centro Norte shares have climbed nearly 7 percent since the beginning of the year.

  • OTTAWA, April 17- The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington on Thursday, a Canadian government source said on Tuesday, as pressure for a quick deal mounted. Trade Representative Robert Lighthizer wants some kind of agreement in place before campaigning for a July 1 presidential election in Mexico gathers...

  • MINNEAPOLIS— Sun Country Airlines says it will cover some additional costs for travelers stranded in Mexico after the airline canceled flights due to a weekend snowstorm battering the Midwest. An estimated 250 people were stuck when Minnesota- based Sun Country couldn't provide planes because the airline was ending seasonal service on Saturday.

  • OTTAWA, April 17- The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington on Thursday, a Canadian government source said on Tuesday, as pressure for a quick deal mounts. Trade Representative Robert Lighthizer wants some kind of agreement in place before campaigning for a July 1 presidential election in Mexico gathers...

  • MINNEAPOLIS— In a story April 16 about travelers stranded in Mexico after Sun Country Airlines ended seasonal service, The Associated Press reported erroneously that Apollo Global Management, a private equity firm that was acquiring Sun Country, had announced plans in February to cut 350 jobs from the airline's ground service. Hundreds of travelers from...