Business News Mexico

  • A Taco Bell restaurant in Laguna Beach, California.

    With more than 6,500 locations across the country, Taco Bell is one of the top fast-food chains in the U.S. But turnover in top management could mean trouble for the company in the years ahead.

  • **MANILA- Asian Development Bank President Takehiko Tadao talks to the Foreign Correspondents Association of the Philippines on the bank's priorities for 2019 and economic outlook for Asia. MANILA- Asian Development Bank President Takehiko Tadao talks to the Foreign Correspondents Association of the Philippines on the bank's priorities for 2019 and...

  • WASHINGTON, April 19- Fiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that could roll away because of a defective part that could allow the shift cable to detach from the transmission. The Italian-American automaker said the recall covers 2013 through 2016 model year automatic transmission...

  • The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada Agreement, which was signed by President Donald Trump and the leaders of the other two countries last year to replace the 25- year-old North American Free Trade Agreement. The trade deal's success or failure in Congress could be determined by how it is...

  • The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada Agreement, signed by President Donald Trump and the leaders of the other two countries last year to replace the 25- year-old North American Free Trade Agreement. The trade deal's success or failure in Congress could be determined by how it is expected...

  • CNBC's Kayla Tausche reports on the International Trade Commission's report analyzing the economic impacts of the proposed USMCA trade deal.

  • *Saudi Arabia oil exports fall to 7 mln bpd in Feb- JODI. LONDON, April 18- Oil prices were little changed on Thursday as a drop in crude exports from OPEC's defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check. Brent crude futures were at $71.70 a barrel by 11:24 a.m. EDT,...

  • LONDON, April 18- Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran. Brent crude futures were at $71.80 a barrel at 1313 GMT, up 18 cents from their last close and near Wednesday's five-month high of $72.27 a barrel. U.S. crude inventories fell by 1.4...

  • LONDON, April 18- Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran. Brent crude futures were at $71.89 a barrel at 1129 GMT, up 27 cents from their last close and near Wednesday's five-month high of $72.27 a barrel. U.S. crude inventories fell by 1.4...

  • MIAMI/ WASHINGTON, April 17- The Trump administration on Wednesday imposed new sanctions and other punitive measures on Cuba and Venezuela, seeking to ratchet up U.S. pressure on Havana to end its support for Venezuela's socialist president, Nicolas Maduro. President Donald Trump's decision, which the State Department said could unleash hundreds of...

  • **SEOUL- Bank of Korea's monetary policy board meets 0100 GMT. BUDAPEST- Hungarian Central Bank Deputy Governor Ferenc Gerhardt's six-year term in the nine-member Monetary Council expires. THURSDAY, APRIL 25 MANILA- Asian Development Bank President Takehiko Tadao talks to the Foreign Correspondents Association of the Philippines on the bank's priorities...

  • WASHINGTON, April 17- The Trump administration is readying a public relations offensive over the economic impact of its new North American trade deal to counter a crucial report expected on Thursday that economists see as likely to show minimal gains at best. Industry sources familiar with the administration's plans told Reuters the U.S. International...

  • HOUSTON/ MEXICO CITY, April 17- Spain's Repsol has suspended its swaps of refined products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weigh penalties for foreign firms doing business with Venezuela. The Spanish oil company has been swapping fuel and waiving payments due from a joint venture...

  • April 17- U.S. railroad operator Kansas City Southern on Wednesday reported a first-quarter profit that topped Wall Street's estimate, boosted by an increase in refined fuel and grain shipments to Mexico. Shares in the company, which gets one-third of its revenue from Mexico, jumped 2.6 percent to $121 in early trading. Car loads fell 1 percent, largely due to...

  • April 16- Netflix Inc reported quarterly results on Tuesday that beat Wall Street targets, but the world's largest online streaming service predicted it would hook fewer new customers than expected through June, just as Walt Disney Co and others prepare to escalate the streaming video wars. The company said it signed up 1.74 million paid subscribers in the...

  • NEW YORK, April 16- From the dusty town in Honduras where thousands are fleeing violence to the currents of the Rio Grande, Reuters photographers walked, waded and flew to capture images of thousands of Central American migrants seeking asylum in the United States. "It was important to us to have photographers from different backgrounds," said Claudia Daut,...

  • April 16- Latin American currencies weakened against a firmer dollar on Tuesday, while most regional stocks rose in line with world stocks as gains on positive data from China and Germany were reinforced by Wall Street's higher open. Mexico's IPC stock index climbed half a percent on broad-based gains, while Chile's IPSA rose for the first time in five days.

  • WASHINGTON, April 15- The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday. The Commerce Department declined to discuss the recommendations because they are confidential. Probes into steel and aluminum imports have led to tariffs and...

  • WASHINGTON, April 13- Mexican Finance Minister Carlos Urzua said on Saturday he does not expect rating agencies to further downgrade the credit rating of state-owned energy company Pemex. With $106 billion in financial debt, Pemex is the world's most indebted oil company and is teetering on the brink of having its debt downgraded to below investment grade.

  • SANTANDER, Spain/ MEXICO CITY, April 12- Santander has offered to take full control of its Mexican business through a 2.6 billion euro all-share deal as the Spanish bank chases potentially higher returns available from Latin America. While record-low interest rates have prevailed across the euro zone for the past 10 years, benchmark rates in Mexico stand at...