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Business Mexico

  • MEXICO CITY— A Mexican federal court has made an unusual ruling that bans the import of U.S. potatoes on the grounds the imports violate Mexicans' right to food sovereignty and a healthy environment. A group of Mexican potato growers had sought a constitutional injunction on the imports, claiming they threaten to spread agricultural diseases.

  • Trump administration goes on the attack against leaks

    The staggering number of leaks is hampering the government's ability to protect the country, Sessions said.

  • MEXICO CITY, Aug 4- Toyota Motor Corp will study producing SUVs at a plant it is building in Mexico's central state of Guanajuato, in addition to the Tacoma truck model, Toyota de Mexico spokesman Luis Lozano told Reuters on Friday. Toyota plans to take a 5 percent share of smaller Japanese rival Mazda Motor Corp as part of an alliance that will see the two build a $1.6...

  • Mazda will make cross-over models there that it plans to introduce to that market, the companies said. Toyota and Mazda are forming a capital alliance and splitting the cost for the plant equally. "We have been reviewing the best production strategy for our business," he told reporters at a Tokyo hotel, after shaking hands with Mazda's president.

  • SAO PAULO, Aug 3- Brazil's holding company J&F Investimentos SA said it signed an agreement to sell dairy company Vigor Alimentos SA to Mexico's Grupo Lala SAB de CV. In a statement, J&F, which holds investments of the billionaire Batista family and is also the controlling shareholder of JBS SA, the world's largest meatpacker, said the enterprise value of the...

  • MEXICO CITY, Aug 3- Ratings agency Fitch Ratings on Thursday revised its outlook for Mexico's credit to stable from negative, the second such upward revision for the sovereign in the last month by credit ratings agencies as the worst fears about the country's economy subside. "Fitch believes the risk of a disruptive scenario that could undermine Mexico's...

  • WASHINGTON/ DETROIT Aug 3- Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said. Japan's Nikkei reported earlier on Thursday that Toyota would take a roughly 5 percent stake in Mazda Motor Corp to develop key electric...

  • FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of Australia publishes monetary policy statement- 0130 GMT. TUESDAY, AUGUST 8 SYDNEY- Assistant Governor at the Reserve Bank of Australia Christopher Kent speaks at The Bloomberg Address, Sydney 2235 GMT. MELBOURNE Reserve Bank of Australia governor Philip Lowe appears before the House Economics committee- 2330 GMT.

  • Aug 3- Viacom Inc, the owner of MTV, Comedy Central and Paramount, said on Thursday Chinese studio Huahua Media delayed a payment to the company in June and that it expected continued single digit declines in ad revenue this quarter, sending its stock down sharply after hours. In January, Viacom announced a $1 billion cash investment from two Chinese film companies,...

  • WASHINGTON/ DETROIT Aug 3- Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to launch a joint venture and build a new U.S assembly plant, a person briefed on the matter said. Japan's Nikkei reported on Thursday that Toyota would take a roughly 5 percent stake in Mazda Motor Corp to develop key electric vehicle technologies and...

  • Trump called New Hampshire a

    President Donald Trump’s trashing of New Hampshire as a "drug-infested den" in a telephone conversation with the Mexican president did not go over well in the Granite State.

  • Trump speaks a lot differently about his border wall in private call with Mexican president

    President Donald Trump appeared to admit he knew Mexico would not fund his proposed border wall in January call, according to The Washington Post.

  • JERUSALEM, Aug 3- Teva Pharmaceutical Industries said on Thursday it would continue to pursue a breach of contract suit against the former owners of its Rimsa plant in Mexico after a New York judge rejected Teva's claim of fraud. Israel- based Teva, the world's largest generic drugmaker, bought the Rimsa plant in 2016 in a $2.3 billion deal, only to shut it down...

  • **BUENOS AIRES- UK Finance Minister Philip Hammond visits Argentina on Wednesday and Thursday for meetings with President Mauricio Macri, Treasury Minister Nicolas Dujovne and Finance Minister Luis Caputo. PRAGUE- Czech National Bank holds Monetary Policy Meeting followed by Statement and presentation- 1100 GMT. FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of...

  • Americans began flocking to Lake Chapala, Mexico, more than five decades ago, attracted by great weather, cheap real estate and the quaint cobblestone streets of the town of Ajijic.

    Many other countries have been able to achieve accessible and affordable health care, Dan Prescher writes in International Living.

  • MEXICO CITY, Aug 1- Brazilian stocks rose on Tuesday, lifted by corporate news and quarterly reports, while Mexican stocks bounced back from a four-day slump after earnings reports disappointed some investors. But shares of Genomma Lab fell more than 2 percent to an over three-month low, extending a drop following its earnings report last week.

  • TUESDAY, AUGUST 1 SYDNEY- Reserve Bank of Australia holds monetary policy decision meeting- 0430 GMT. PRAGUE- Czech National Bank holds Monetary Policy Meeting. FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of Australia publishes monetary policy statement- 0130 GMT.

  • TUESDAY, AUGUST 1 SYDNEY- Reserve Bank of Australia holds monetary policy decision meeting- 0430 GMT. PRAGUE- Czech National Bank holds Monetary Policy Meeting. FRIDAY, AUGUST 4 SYDNEY- Reserve Bank of Australia publishes monetary policy statement- 0130 GMT.

  • assembly vote@ SAO PAULO/ MEXICO CITY, July 28- Venezuelan sovereign bonds due in 2022 fell to nearly their lowest level in over a year on Friday, ahead of a weekend election in which voters will elect members of a controversial new legislative body championed by President Nicolas Maduro. The Sunday vote, which critics fear will add to Venezuela's slide into...

  • SAO PAULO/ MEXICO CITY, July 28- Venezuelan sovereign bonds due in 2022 fell to their lowest level in over a year on Friday, ahead of a weekend election in which voters will elect members of a controversial new legislative super-body championed by President Nicolas Maduro. The Sunday vote, which critics fear will add to Venezuela's slide into dictatorship, is...