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Business Mexico

  • cuts@ SAO PAULO, Nov 17- The Mexican peso firmed on Friday amid expectations that ongoing NAFTA talks in Mexico City would adopt a slightly more deliberative tone than in the past and focus on low-impact issues. Late on Thursday, Reuters reported that Canada is open to reviewing the North American Free Trade Agreement every five years instead of terminating the...

  • MEXICO CITY, Nov 17- A key round of talks to update the NAFTA trade pact formally opened on Friday, but within hours Canada was complaining about inflexibility by the United States, which is demanding big changes, a union leader said. Canada and Mexico went into the talks prepared to address hard-line U.S. demands that they had previously dismissed as unworkable,...

  • MEXICO CITY, Nov 17- A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico seeking to show more flexibility about addressing hard line U.S. demands that they had previously dismissed as unworkable. Negotiators met in Mexico City for the fifth of seven planned rounds that are due to wrap up by the end of March to avoid...

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. That is totally...

  • MEXICO CITY, Nov 17- A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico seeking to show more flexibility about addressing hard line U.S. demands that they had previously dismissed as unworkable. Canada, the source added, was happy to discuss so-called rules of origin governing auto content but insisted the 85...

  • MEXICO CITY, Nov 17- A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico showing more flexibility about addressing hardline U.S. demands that they had previously dismissed as unworkable. Canada, the source added, was happy to discuss so-called rules of origin governing auto content but insisted the 85 percent...

  • SAO PAULO, Nov 17- The Mexican peso firmed as much as 1 percent on Friday amid expectations that ongoing NAFTA talks in Mexico City would adopt a slightly more deliberative tone than in the past and focus on low-impact issues. Late on Thursday, Reuters reported that Canada is open to reviewing the North American Free Trade Agreement every five years instead of...

  • BARCELONA, Nov 17- America Movil has seen has seen interest from potential buyers for its 21.4 percent stake in Dutch telecoms group KPN and may consider selling, the CFO of the Mexican telecoms company said on Friday. "We have gotten expressions of interest in the past from other players but we are getting expressions of interest again," Carlos Garcia Moreno said,...

  • MEXICO CITY, Nov 16- Canada is open to a Mexican proposal to review the North American Free Trade Agreement every five years instead of terminating the deal automatically if it is not renegotiated, as the United States has demanded, two government sources said on Thursday. The so-called sunset clause proposed by the United States last month caused dismay among...

  • Former U.S. Commerce Secretary Carlos Gutierrez at the Commerce Department in Washington, DC on June 24, 2008.

    The U.S.'s opaque approach to NAFTA talks could well lead to a collapse of the treaty, former U.S. Commerce Secretary Carlos Gutierrez said.

  • FRANKFURT- ECB President Mario Draghi, Bundesbank President Jens Weidmann and Deutsche Bank CEO John Cryan speak at the Frankfurt European Banking Congress "Europe into a New Era How to Seize the Opportunities" in Frankfurt, Germany- 0830 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in...

  • FRANKFURT- ECB President Mario Draghi, Bundesbank President Jens Weidmann and Deutsche Bank CEO John Cryan speak at the Frankfurt European Banking Congress "Europe into a New Era How to Seize the Opportunities" in Frankfurt, Germany- 0830 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in...

  • Bryan Riley, senior trade policy analyst at the Heritage Foundation, says Canada, Mexico and the U.S. have sharp differences over the review of the NAFTA trade pact.

  • Commerce Secretary Wilbur Ross that it would be devastating for Mexico if the United States pulls out of the North American Free Trade Agreement. Mexico is preparing a package of macroeconomic measures to help withstand a short-term shock if the United States pulls out of the pact, Foreign Minister Luis Videgaray said earlier in the week.

  • BUENOS AIRES, Nov 15- Argentina's government will cut the cost of docking services in the ports of Rosario, the country's main agricultural hub, by 30 percent when it implements a maximum rate for entry and exit guide services in December, an official told Reuters on Wednesday. The cost of docking services in Rosario, the point of departure for 80 percent of...

  • JAKARTA- Indonesia Central Bank holds board of governors meeting. **Zagreb- Croatia Finance Minister Zdravko Maric will meet an association of Croatia export-oriented firms to talk about the policy plans for 2018- 0900 GMT. SYDNEY- Panel participation by Michele Bullock, Reserve Bank of Australia's assistant governor at the Women in Payments Symposium, Sydney...

  • NEW YORK- Bank of Canada Senior Deputy Governor Carolyn Wilkins will give a speech at Money Marketeers of New York University Inc- 0000 GMT. LJUBLJANA- ECB Governing Council member Bostjan Jazbec speaks at an investment conference- 0800 GMT. LIVERPOOL- Bank of England Governor Mark Carney, Bank of England Deputy Governor for Monetary Policy Ben Broadbent, Bank of...

  • NEW YORK- Bank of Canada Senior Deputy Governor Carolyn Wilkins will give a speech at Money Marketeers of New York University Inc- 0000 GMT. LJUBLJANA- ECB Governing Council member Bostjan Jazbec speaks at an investment conference- 0800 GMT. LIVERPOOL- Bank of England Governor Mark Carney, Bank of England Deputy Governor for Monetary Policy Ben Broadbent, Bank of...

  • MEXICO CITY, Nov 15- Mexico's peso sank to an eight-month low on Wednesday, hurt by concerns that the latest round of talks to overhaul the North American Free Trade Agreement would fail to make much headway in the face of tough U.S. demands. Lower level negotiators from the United States, Canada and Mexico started a fifth round of NAFTA talks in Mexico City on...

  • MEXICO CITY— Mexico said Wednesday it is open to a thorough evaluation of the North American Free Trade Agreement every five years, but not the kind of "sunset clause" the United States is reportedly seeking. The comment came as delegations from Mexico, the U.S. and Canada were in Mexico City engaging in the fifth round of talks on renegotiating NAFTA.