Business News Mexico

  • Trade talks remain unsteady in both China and North America, says expert

    Brian Gardner, director of Washington research at KBW, talks with CNBC's "Squawk on the Street" on trade tensions and his 2019 outlook.

  • West Germans Celebrate The Unification Of Berlin Atop The Berlin Wall During The Collapse Of Communism In East Berlin On November 12, 1989.

    A wall, in its most basic form, is a physical barrier. In isolation, it's not political. A wall can keep people out or hold people in. Here's what history might tell us about the U.S.-Mexico border today. 

  • Lopez Obrador later addressed a massive crowd of supporters in the heart of the capital, promising to put Mexico's sizeable indigenous minority first in his drive to root out inequality. A major challenge facing the new leader is managing relations with Mexico's top trading partner, the United States, after repeated broadsides by President Donald Trump...

  • Backed by a gigantic Mexican flag, the 65- year-old took the oath of office in the lower house of Congress, pledging to bring about a "radical" rebirth of Mexico to overturn what he called a disastrous legacy of decades of "neo-liberal" governments. A major challenge facing Lopez Obrador is managing relations with Mexico's top trading partner, the United States,...

  • One of the biggest challenges facing Lopez Obrador is managing the relationship with Mexico's top trading partner the United States, after repeated insults across the border by President Donald Trump. Lopez Obrador promised higher wages for the poor and zero tolerance for corruption in his government. But in a reference to one of his heroes, the former...

  • Lopez Obrador reiterated that investments in the country of 130 million people would be safe, and vowed to respect central bank independence. But in a reference to one of his heroes, the former president Benito Juarez who separated the church and the state in Mexico, Lopez Obrador promised his government would ensure a divide between economic and political...

  • Lopez Obrador reiterated that investments in the country of 130 million people would be safe, and vowed to respect central bank independence. But in a reference to one of his heroes, the former president Benito Juarez who separated the church and the state in Mexico, Lopez Obrador promised his government would ensure a divide between economic and political...

  • MEXICO CITY, Dec 1- Veteran leftist Andres Manuel Lopez Obrador was sworn in as Mexican president on Saturday, heralding a historic shift to the left in a country struggling to overcome gang violence, chronic poverty and disillusionment with the political class.

  • After a busy five-month transition that has spooked financial markets, Lopez Obrador will just before midday take responsibility for fixing escalating gang violence, chronic poverty and widespread discontent with the political class in Mexico. To do that, the anti-establishment former Mexico City mayor plans to increase pensions, create a militarized...

  • After a busy five-month transition that has spooked financial markets, Lopez Obrador will take responsibility for fixing escalating gang violence, chronic poverty and widespread discontent with the political class in Mexico. An admirer of Mexican President Lazaro Cardenas, who nationalized Mexico's oil industry in 1938, Lopez Obrador will be the first...

  • BUENOS AIRES, Argentina- Argentina's President Mauricio Macri meets IMF Managing Director Christine Lagarde at the government house- 2000 GMT. TUESDAY, DECEMBER 4 WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. SYDNEY- Reserve Bank of Australia holds interest rate meeting 0330 GMT.

  • Nov 30- Most Latin American currencies weakened on Friday, pressured by a strong dollar as investors cautiously await the outcome of a crucial meeting between the leaders of the United States and China that could decide the direction of an ongoing trade war between the two countries. "Market investors err on the side of caution by the closing of the month and in...

  • Gavin Newsom speaks during election night event on November 6, 2018 in Los Angeles, California. 

    California Gov.-elect Gavin Newsom is planning to attend Saturday inauguration of Mexico's President-elect Andres Manuel Lopez Obrador as signs grow the Democrat will be an activist on immigration and border issues.

  • MEXICO CITY, Nov 30- Mexico's incoming leftist president, Andres Manuel Lopez Obrador, said an oil reform that allowed for the sale of oil rights to private investors will not continue during his term, according to an interview published on Friday. Lopez Obrador, who takes office on Saturday, told the left-leaning daily La Jornada that the landmark energy...

  • President Trump, Canadian Prime Minister Trudeau and Mexican President Enrique Pena Nieto signed the U.S.-Mexico-Canada Agreement at the G-20 today. It replaces the 24-year-old North American Free Trade Agreement, which Trump has consistently called a ‘disaster.'

  • MEXICO CITY, Nov 30- Mexican President-elect Andres Manuel Lopez Obrador expects a decline in oil output to hit bottom next year and he dialed back his estimate for how high he could lift crude production during his term, according to an interview published on Friday. Lopez Obrador told the daily La Jornada that oil output would fall to around 1.5 million barrels...

  • Gary Jones, the newly-elected President of the United Auto Workers (UAW), addresses the 37th UAW Constitutional Convention June14, 2018 at Cobo Center in Detroit, Michigan. 

    The United Auto Workers union said GM's decision to idle plants in the U.S. and Canada shows the new trade deal between the United States, Canada and Mexico is not strong enough to stop the flow of jobs from the U.S. to Mexico. 

  • Investors, concerned about a protracted U.S.- China trade war that has roiled financial assets for much of the year, played down expectations that the meeting between Trump and Chinese President Xi Jinping at the G20 Summit on Saturday will resolve trade tensions between the two countries. The best-case scenario would be some sort of ceasefire, "said Morten...

  • (L to R) Mexican President Enrique Pena Nieto, US President Donald Trump and Canadian Prime Minister Justin Trudeau deliver a statement on the signing of a new free trade agreement in Buenos Aires, on November 30, 2018.

    President Donald Trump says a new trade pact being signed by the United States, Mexico, and Canada is a "model agreement that changes the trade landscape forever."

  • The late October decision to pull the plug on the partially-built airport for Mexico City left investors fretting over how Lopez Obrador will manage the economy, leading to sharp falls in the peso and stockmarket.. Asked whether Lopez Obrador had done anything to make markets nervous, Gerardo Esquivel told local broadcaster Foro TV that the...