Business News Mexico

  • LAS VEGAS, Oct 22- PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday. Based in Santa Monica, California, Tala lends to individuals in Kenya, Tanzania, the Philippines, and Mexico through its smartphone app. "We see we are all very mission...

  • Honduran migrants, part of a caravan trying to reach the U.S., line up to enter a migrant shelter in Guatemala City, Guatemala October 17, 2018. 

    Thousands of Honduran migrants hoping to reach the U.S. stretched out on rain-soaked sidewalks, benches and public plazas in the southern Mexico city of Tapachula.

  • U.S. Secretary of State Mike Pompeo makes a statement to the media about his recent trip to North Korea, at the White House on October 9, 2018 in Washington, DC. 

    Chinese state media said U.S. Secretary of State Mike Pompeo's comments in Mexico — where he cautioned against vast China's investments — were "ignorant and malicious."

  • President Donald Trump speaks during a 'Make America Great' rally in Missoula, Montana, on October 18, 2018.

    President Trump launches another salvo in the immigration debate as Mexico tried to prevent a thousands-strong migrant caravan from flooding its border.

  • SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. SYDNEY- Panel Participation by Michele Bullock, RBA Assistant Governor, at the Sibos 2018 Conference 0300 GMT. SYDNEY- Panel Participation by Guy Debelle, RBA Deputy Governor, at the Sibos 2018 Conference 0430 GMT.

  • President Trump threatened to use the military to shut down the Mexico border in order to stop a 'migrant convoy' heading north from Central America.

  • Khalid Al-Falih, Saudi Arabia's energy and industry minister, arrives ahead of the 174th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Friday, June 22, 2018.

    OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed.

  • Honduran migrants, part of a caravan trying to reach the U.S., gesture while arriving to the border between Honduras and Guatemala, in Agua Caliente, Guatemala October 15, 2018. 

    President Donald Trump said he would to deploy the U.S. military and close the southern border if Mexico did not move to halt large groups of migrants headed for the United States from Guatemala, Honduras, and El Salvador. 

  • MEXICO CITY, Oct 17- Mexico's incoming government will soon inherit a costly dilemma over an ethane supply contract between national oil company Pemex and a consortium led by a unit of Brazilian builder Odebrecht. The plant is operated by the consortium in which Odebrecht's unit Braskem has a 75 percent stake and Mexico's Grupo Idesa holds the remainder.

  • SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...

  • MEXICO CITY, Oct 17- Amazon.com Inc is scouting for land in central Mexico for a fourth distribution center in the country, sources said, aiming at a bigger slice of the burgeoning e-commerce market in Latin America's second-largest economy. The retail titan's target is Queretaro state in the industrial center of Mexico, where it is looking to hire a developer to...

  • MEXICO CITY, Oct 17- Mexico's Salina Cruz oil refinery is operating normally after three people were injured in an electrical accident, a spokesman for state oil company Pemex said on Wednesday.

  • MEXICO CITY, Oct 17- Mexico's incoming government will soon inherit a costly dilemma over an ethane supply contract between national oil company Pemex and a consortium led by a unit of Brazilian builder Odebrecht. The plant is operated by the consortium in which Odebrecht's unit Braskem has a 70 percent stake and Mexico's Grupo Idesa holds the remainder.

  • The ride-hailing firm has fought for the ability to accept cash fares in Mexico, despite concerns that the practice risks making drivers targets for robberies. As it prepares for a planned initial public offering next year, it will be important for Uber to maintain its lead in Mexico and other Latin American markets it dominates. "We are celebrating this...

  • Honduran migrants, part of a caravan trying to reach the U.S., gesture while arriving to the border between Honduras and Guatemala, in Agua Caliente, Guatemala October 15, 2018. 

    Hundreds of Hondurans hoping to reach the United States bedded down for the night in this Guatemalan town after that country's authorities blinked first in attempts to halt their advance.

  • MEXICO CITY, Oct 16- At his first meeting with foreign oil majors, Mexico's leftist president-elect pushed the companies to prove themselves by quickly pumping oil from recent finds, sources say, but gave no sign of offering up new fields to reverse dwindling output. Gas, Lopez Obrador's message was clear: quickly bring new streams of production online.

  • BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of October monetary policy meeting 0030 GMT. SYDNEY- Speech by Guy Debelle, RBA Deputy Governor, at the 2018 Citi Conference- 2120 GMT.

  • MEXICO CITY/ SHANGHAI, Oct 14- Mexico's Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico's new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement. President Donald Trump's efforts to isolate China economically...

  • Markets recover after massive two-day sell-off

    Here's what happened this week — Rising interest rates spook markets and send stocks into a tailspin; Brett Kavanaugh is confirmed to the Supreme Court; Hurricane Michael devastates the Florida Panhandle and United Nations Ambassador Nikki Haley resigns.

  • MEXICO CITY, Oct 12- Stroll the aisles of any Oxxo in Mexico and you will find the staples of convenience store sustenance: beer, cigarettes, enough candy to keep dentists at full employment. The retailer, with more than 17,000 locations throughout Mexico, has cracked two of the biggest barriers to online shopping in the developing world: payments and pickup.