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Business Mexico

  • PALESTINE, Texas/ MEXICO CITY, Jan 23- Workers at the Sanderson Farms plant in Palestine, Texas, are cutting up chickens for export to Mexico, a market that has become a pillar of the town's economy and a key focus of the U.S. poultry sector. But the Mexican market may find its way to the chopping block if talks to renegotiate the North American Free Trade Agreement...

  • OTTAWA, Jan 22- The NAFTA trade agreement's future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon. Canada and Mexico, which initially dismissed most of Washington's demands as unworkable, now say there is room to...

  • OTTAWA, Jan 22- The NAFTA trade agreement's future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon. Canada and Mexico, which initially dismissed most of Washington's demands as unworkable, now say there is room to...

  • Vietnam's Trade Minister Tran Tuan Anh and Japan's Economic Revitalization Minister Motegi at a TPP press conference on November 11, 2017.

    Trade officials from 11 countries are negotiating a trade pact that the U.S. abandoned last year, but they face resistance from Canada.

  • MEXICO CITY— Mexico's anti-monopoly commission says it has found evidence of price-fixing by airlines on domestic airplane tickets. The federal Competition Commission said Sunday that various airlines are not competing on prices for domestic flights and "may have reached agreements with the aim or effect of manipulating base prices."

  • NAFTA is baked in to North American auto manufacturing

    Wendy Cutler of the Asia Society Policy Institute says auto manufacturing in North America would be hit in unexpected ways if NAFTA is scrapped.

  • MEXICO CITY/ OTTAWA, Jan 18- Talks in Montreal later this month to update the North American Free Trade Agreement will be extended by one day, officials said on Thursday, as Mexico and the United States exchanged barbs. The negotiations have bogged down as Canada and Mexico resist radical demands from the United States to revise the rules governing one of the...

  • Hands embracing Earth

    Investing in five of the worst-performing stock markets around the globe has beaten international benchmarks — by a lot.

  • The administration had previously expressed support for GOP- drafted legislation that includes money for the popular children's program for six years, a tactic aimed at winning some Democratic support for the bill. The White House did not immediately respond to questions about the tweet, which said simply: "CHIP should be part of a long term solution, not a 30 Day,...

  • NEW YORK— What's on the menu for Red Lobster's future? After years of sales declines, Red Lobster was sold by the parent of Olive Garden nearly four years ago to private equity firm Golden Gate Capital. Lopdrup talked with The Associated Press about new menu items, kitchen upgrades and Beyonce' s impact on the brand.

  • Donald Trump

    President Donald Trump said he "may" terminate the North American Free Trade Agreement with Canada and Mexico.

  • Southern Oregon University has arranged for its sister school, Universidad de Guanajuato in Mexico, to take in its DACA students if they are deported. The university in the Oregon city of Ashland has a small number of affected students, but President Linda Schott got the promise during a visit last year to the Mexican school, her spokesman said.

  • MEXICO CITY, Jan 16- Mexican state oil company Pemex has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week. Pemex and Mitsui's office in Mexico City both declined to comment. So far, Pemex has invested $1.24 billion in the $2.6 billion coking...

  • MEXICO CITY, Jan 16- Car dealerships in Mexico City have kicked off the new year offering "clearance sales" and free insurance as 2017 models collect dust on their lots, a reminder that consumer nerves over high interest rates could slow the economy ahead of elections. "If I'm going to buy a new car and then not be able to fill it up with gasoline, then it's better to sit...

  • President Donald Trump tours new cars with auto industry leaders, including Fiat Chrysler CEO Sergio Marchionne (L), at the American Center for Mobility, a test facility for driverless car technology for American Manufactured Vehicles in Ypsilanti Township, Michigan, U.S. March 15, 2017.

    Fiat Chrysler is concerned consumers could be left exposed to price hikes as a result of NAFTA negotiations.

  • DETROIT, Jan 15- Fiat Chrysler Automobiles NV's has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits. "We're not going to break up anything," Chief Executive Sergio Marchionne said at a news...

  • SILAO, Mexico/ DETROIT, Jan 15- General Motors Co's assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year. President Donald Trump follows up on threats to dump the North American...

  • General Motors CEO Mary Barra

    GM CEO Mary Barra expressed optimism that NAFTA would survive.

  • NAIROBI, Kenya— President Donald Trump's vulgar insult of Africa was a puzzle for many foreign media organizations, which didn't have a ready translation of his epithet for their readers or listeners. While meeting with senators on immigration, Trump questioned why the United States would accept more immigrants from Haiti and "shithole countries" in Africa,...

  • SAN SALVADOR, Jan 12- Alexander Ramos was deported to El Salvador from the United States seven years ago, forced to leave jobs as a gardener and at McDonald's after getting caught driving without a license. Teleperformance has worked with Apple Inc, and said on its website that its El Salvador location serves seven international clients, mainly from the United...