Mexico
Mexican transport company Traxion files for IPO
MEXICO CITY Mexican transport and logistics company Traxion has filed for an initial public offering on the Mexican stock market, according to documents published by the bourse on Friday.
Prison fight leaves nine dead in Mexico's border city
MEXICO CITY A fight in the Mexican prison of Reynosa has left at least nine inmates dead and 11 injured in the country's latest outbreak of violence, the government of Tamaulipas border state said in a statement on Thursday.
Mexico ruling party's reform strengthens president ahead of 2018 vote
MEXICO CITY A move by Mexico's ruling party to allow an outsider to run for president strengthens the hand of beleaguered leader Enrique Pena Nieto, granting him more power to pick his own candidate and opening a path for his finance minister, Jose Antonio Meade.
Mexico central bank ends hiking cycle, says sees inflation cooling
MEXICO CITY Mexico's central bank held borrowing costs steady on Thursday and said a string of interest rate hikes was already beginning to slow the pace of a spike in inflation.
Mexican official says migration, security at stake in NAFTA talks: report
MEXICO CITY Mexico could pull back on cooperation in migration and security matters if the United States walks away from talks to renegotiate the North American Free Trade Agreement, the Mexican economy minister said in a newspaper report published on Thursday.
Mexico's ruling party moves toward allowing outsider presidential candidate
MEXICO CITY Mexico's ruling Institutional Revolutionary Party (PRI) took a key step on Wednesday toward allowing non-party members, such as Finance Minister Jose Antonio Meade, to run for president in next year's election.
U.S. sanctions Mexican soccer hero Rafa Marquez for alleged drug ties
MEXICO CITY The U.S. Treasury Department said on Wednesday it sanctioned major Mexican soccer star Rafael "Rafa" Marquez and more than 20 others for suspected links with an accused drug kingpin, tarnishing the reputation of one of Mexico's sporting giants.
Toyota says to delay start of Mexico plant to early 2020
TOKYO Toyota Motor Corp will push back the start of operations at its scheduled new plant in Mexico, to the first half of 2020 from the initial plan of 2019, the company said on Thursday.
Kia Mexico optimistic about exports even if NAFTA falters
MEXICO CITY The Mexican subsidiary of Korean car maker Kia Motors said Wednesday that it would be well-positioned to export its compact vehicles even if the upcoming renegotiation of the North American Free Trade Agreement does not yield positive results.
Franklin to hit Mexico oil state as season's first Atlantic hurricane
VERACRUZ, Mexico Storm Franklin, now a Category 1 hurricane, is set to crash into eastern Mexico's key oil-producing Gulf state of Veracruz as the Atlantic's first hurricane of 2017, the U.S. National Hurricane Center said on Wednesday.
Franklin now a hurricane, nearing Mexico oil state: U.S. NHC
MEXICO CITY Franklin, upgraded to a Category 1 hurricane from a tropical storm, is expected to hit eastern Mexico's key oil-producing Gulf state of Veracruz on Wednesday evening or early Thursday morning, the U.S. National Hurricane Center said on Wednesday.
Mexico finance minister blames tomato prices for inflation spike
MEXICO CITY Mexico's finance minister said on Wednesday that tomato prices were to blame for annual inflation rising to the fastest pace in more than 8-1/2 years in July, a reading that topped forecasts and could pressure the central bank to keep interest rates high.
Mexico watchdog finds big pharma faces no competition on some drugs
MEXICO CITY Major drugmakers including GlaxoSmithKline Plc and Pfizer Inc face no competition in Mexico from generics that are readily available elsewhere, partly because of regulatory failings, Mexico's antitrust body said on Wednesday.
Nets to play Thunder, Heat in Mexico City
(The Sports Xchange) - Fans in Mexico will receive a first-hand look at reigning NBA Most Valuable Player Russell Westbrook next season when the Oklahoma City Thunder play the Brooklyn Nets in the nation's capital.
U.S. push for freer NAFTA e-commerce meets growing resistance
MEXICO CITY A U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com and eBay is emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal.
Mexico-U.S. free movement key to closing wage gap, minister says
MEXICO CITY Mexico will not close its wage gap with the United States without free movement of workers, Mexico's economy minister Ildefonso Guajardo said in an interview days before the start of a renegotiation of the North American Free Trade Agreement.
Grupo Mexico sees growth in oil-by-rail, terminals: CFO
MEXICO CITY Mexico's mining and infrastructure firm Grupo Mexico expects to expand its oil-by-rail business by building at least three terminals in Mexico, including one exclusively for U.S. refiner Valero Energy, its chief financial officer told Reuters on Tuesday.
'El Chapo' Guzman hires John Gotti Jr's lawyer in U.S. case
Joaquin "El Chapo" Guzman, the captured leader of Mexico's Sinaloa drug cartel, has hired a New York lawyer best known for successfully defending the son of convicted mafia boss John Gotti to represent him in his U.S. criminal case.
Mexico central bank seen holding interest rates steady: Reuters poll
MEXICO CITY Mexico's central bank is expected to hold borrowing costs steady this Thursday amid signs that a spike in consumer prices is close to peaking and following a recovery in the peso currency.
Mexico's ruling PRI weighs loosening party rules to open presidential field
MEXICO CITY The head of Mexico's ruling Institutional Revolutionary Party (PRI) said on Monday that the PRI's method for choosing its presidential candidate needs a shakeup, ahead of a key gathering this week when PRI members will decide on changing the rules.
Latin America slams Trump's Venezuela 'military options' threat
CARACAS/LIMA After months of attacking Venezuela's unpopular President Nicolas Maduro, Latin America came out strongly against U.S. threats of military action against the struggling OPECnation. | Video
