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topNews reuters.com

Mexico plots open trade course to escape Trump's NAFTA threats

MEXICO CITY (Reuters) - U.S. President Donald Trump's 'America First' brand of economic nationalism is pushing Mexico to seek sanctuary in more open commercial ties elsewhere to soften the blow of a possible breakdown of the North American Free Trade Agreement (NAFTA).

companyNews reuters.com

EMERGING MARKETS-Brazil real sinks to 6-month low as pension vote delayed

(Updates prices) By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - Brazil's real on Thursday sank to a nearly six-month low after lawmakers delayed a vote on a bill to cut social security benefits that is seen as a key measure to rein in the deficit. Mexico's peso sank nearly 0.8 percent, only briefly paring losses after the country's central bank raised interest rates, while Chile's peso gained more than 1 percent to a two-week high, helped by rising prices for copper, the country'

worldNews reuters.com

Mexico presidential front-runner taps finance minister choice

MEXICO CITY (Reuters) - The front-runner for Mexico's 2018 presidential election on Thursday said U.S.-trained economist Carlos Manuel Urzua was his choice for finance minister if he won the July election.

companyNews reuters.com

Pemex says worker found dead in Salamanca refinery

MEXICO CITY, Dec 13 (Reuters) - Mexican state oil company Pemex said on Wednesday that a worker was found dead at its Salamanca refinery in the central state of Guanajuato.

worldNews reuters.com

Mexico Senate committees pass controversial security bill

MEXICO CITY (Reuters) - Mexican Senate committees on Wednesday approved a controversial security bill that human rights groups say risks granting excessive power to the armed forces in their already checkered role in combating organized crime in the country.

companyNews reuters.com

EMERGING MARKETS-Mexico peso firms after Fed maintains U.S. rate outlook

By Bruno Federowski and Sheky Espejo Dec 13 (Reuters) - Mexico's peso currency and stocks firmed on Wednesday after the U.S. Federal Reserve raised the cost of borrowing, but did not signal that it could pick up the pace of rate hikes next year. Signs of quicker U.S. economic growth had prompted speculation that the Fed could have forecast more rate hikes next year. But the U.S. central bank's forecast of three hikes in 2018 and 2019 was unchanged from its projections in September.

businessNews reuters.com

Ford to shift midsize sedan production out of Mexico: sources

(Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

companyNews reuters.com

UPDATE 1-Ford to shift midsize sedan production out of Mexico -sources

Dec 13 (Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

technologyNews reuters.com

Mexican authorities warn cryptocurrency offerings could be a crime

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.

technologyNews reuters.com

Mexico authorities warn of risks of cryptocurrencies

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

worldNews reuters.com

Mexico's presidential front-runner vows more welfare, formalizes bid

MEXICO CITY (Reuters) - Mexican front-runner for next year's election, Andres Manuel Lopez Obrador, formalized his bid for the presidency on Tuesday and promised his government would spend on the young, elderly and farmers.

companyNews reuters.com

Mexico government bans Odebrecht unit from public contracts for 4 yrs

MEXICO CITY, Dec 12 (Reuters) - The Mexican government has banned an affiliate of construction company Odebrecht from bidding for federal public contracts for four years, in an investigation stemming from the bribery scandal that has engulfed the Brazil-based builder.

companyNews reuters.com

Mexico Pemex's union re-elects leader until 2024

MEXICO CITY, Dec 11 (Reuters) - The union of Mexican state oil company Pemex on Monday re-elected its leader, Carlos Romero Deschamps, until December 2024, the country's labor secretary said on Monday.

worldNews reuters.com

Wife of disgraced Mexican governor taking 'refuge' in UK: report

MEXICO CITY (Reuters) - The wife of a detained former Mexican governor is living in Britain and has demanded back artwork, golf clubs and crystal that were seized by the government, according to a letter obtained by news site Animal Politico.

businessNews reuters.com

Uber fights ban on cash payments in Mexican state

MEXICO CITY (Reuters) - Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America.

Obesity nytimes.com

A Nasty, Nafta-Related Surprise: Mexico’s Soaring Obesity

Few predicted when Mexico joined the free-trade deal that it would transform the country in a way that would saddle millions with diet-related illnesses.

companyNews reuters.com

Mexican retail group says November same-store sales rose 5.4 pct

MEXICO CITY, Dec 11 (Reuters) - Mexico's retail association said on Monday that sales at stores open for at least a year rose by 5.4 percent in November, compared to the same month a year earlier.

worldNews reuters.com

Mexican opposition leader Anaya to seek presidency in coalition

MEXICO CITY (Reuters) - Mexican opposition leader Ricardo Anaya said on Sunday he would seek to win the presidency in a left-right alliance after stepping down as head of the conservative National Action Party (PAN).

sportsNews reuters.com

United 2026 bid needs to build support for U.S. not stadiums

TORONTO (Reuters) - The heads of a joint bid from the United States, Mexico and Canada to host the 2026 World Cup trumpeted a winning plan on Saturday that technically ticks most if not all the boxes FIFA wants, but could miss the mark when it comes to winning friends.

topNews reuters.com

Trump blasts San Francisco murder acquittal, 'Dreamer' effort

WASHINGTON (Reuters) - U.S. President Donald Trump on Saturday juxtaposed a high-profile murder case involving an illegal immigrant from Mexico with efforts in Congress to protect undocumented immigrants brought into the United States when they were children.

sportsNews reuters.com

Formula One reports bigger crowds, Mexico best race again

PARIS (Reuters) - Formula One saw an eight percent rise in the number of fans attending races in 2017 with 13 of the 20 races reporting bigger crowds, according to figures published by the sport's commercial rights holder.

worldNews reuters.com

Mexico right-left coalition presents bid to run in 2018 election

MEXICO CITY (Reuters) - Mexico's newest political force formally emerged on Friday when a right-left coalition presented its official request with the electoral institute to compete in next year's presidential election.

worldNews reuters.com

Mexican president asks Senate to broaden discussion over security bill

MEXICO CITY (Reuters) - Mexican President Enrique Pena Nieto on Friday asked Senate lawmakers to include civil society's views in their discussion of a divisive bill that critics say would give the military greater powers and deepen its role in the country's drug war.

companyNews reuters.com

UPDATE 3-Mexico says deepwater oil tender doomed by Brazil competition

MEXICO CITY, Dec 8 (Reuters) - Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices.

domesticNews reuters.com

New Mexico school gunman was ex-student investigated by FBI

TAOS, New Mexico (Reuters) - A gunman who killed two students at a New Mexico high school and then took his own life was a former student who was investigated by the U.S. Federal Bureau of Investigation last year after he asked online about buying weapons for a mass shooting, officials said on Friday.

cnn.com

FBI had investigated NM high school shooter

The 21-year-old man who shot and killed two students at Aztec High School in New Mexico on Thursday had previously been investigated by the FBI for online comments about planning a mass shooting.

companyNews reuters.com

UPDATE 2-Mexico says deepwater oil tender doomed by Brazil competition

MEXICO CITY, Dec 8 (Reuters) - Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices.

companyNews reuters.com

Pemex says Brazil competition and complexity doomed deepwater tender

MEXICO CITY, Dec 8 (Reuters) - Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on geological complexity and weak investor appetite due to oil prices and competition from recent auctions in Brazil.

cnn.com

US developing weapon that could disable N. Korean missiles

With Kim Jong Un pushing aggressively to develop missiles that could hit the United States with nuclear warheads, pressure has been mounting on US officials to answer the threat. One effective countermeasure could lie in an obscure military lab in New Mexico.

companyNews reuters.com

UPDATE 1-Mexico oil regulator cancels deep water Pemex tie-up auction

MEXICO CITY, Dec 7 (Reuters) - Mexico's oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction.

companyNews reuters.com

Mexico oil regulator cancels Maximino-Nobilis joint venture auction

MEXICO CITY, Dec 7 (Reuters) - Mexico's oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction. (Reporting by Adriana Barrera)

Automobiles nytimes.com

Ford Will Build Electric Cars in Mexico, Shifting Its Plan

The move will take advantage of lower costs and clear the way for a new Michigan plant to make driverless vehicles instead, which Ford said would mean even more jobs.

companyNews reuters.com

Walmex expands Wi-Fi in Mexican stores, pushing online shopping

MEXICO CITY, Dec 7 (Reuters) - Wal-Mart de Mexico said on Thursday that it will install Wi-Fi throughout all but one of its chains in Mexico by next summer, in an attempt to collect user data and drive online sales by familiarizing shoppers with technology.

domesticNews reuters.com

Two students, gunman dead in New Mexico school shooting

(Reuters) - A gunman fatally shot two students at a high school in New Mexico on Thursday, before he himself died, state and local police said.

businessNews reuters.com

Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.

domesticNews reuters.com

Gunman, two students dead after New Mexico high school shooting

(Reuters) - A suspected shooter opened fire at a high school in New Mexico on Thursday, killing two students before being killed, according to police and officials from the nearby Navajo Nation.

domesticNews reuters.com

Gunman, two others dead after New Mexico high school shooting

(Reuters) - A shooter opened fire at a high school in New Mexico on Thursday, killing two students before being shot dead, according to police and officials from the nearby Navajo Nation.

cnn.com

Police: 2 shot at New Mexico high school

Authorities swarmed Aztec High School in Aztec, New Mexico, Thursday after a report of an active shooter.

companyNews reuters.com

BRIEF-Aeromexico Reports November 2017 Traffic Results

* GRUPO AEROMEXICO SAB DE CV - ‍NOVEMBER DEMAND, MEASURED IN REVENUE PASSENGER KILOMETERS (RPKS), INCREASED BY 19.7%, YEAR-ON-YEAR​

worldNews reuters.com

Mexico senators propose law change to curb presidential impunity

MEXICO CITY (Reuters) - A group of Mexican opposition senators proposed a constitutional reform on Wednesday that would enable a sitting president to face trial for corruption for up to three years after leaving office, in a bid to bolster the fight against graft.

companyNews reuters.com

BRIEF-‍First Mobil-Branded Service Stations To Open In Mexico​

* ‍FIRST MOBIL-BRANDED SERVICE STATIONS TO OPEN IN MEXICO​ Source text for Eikon: Further company coverage:

companyNews reuters.com

Volkswagen Mexico executive sees scope to boost NAFTA auto content

LEON, Mexico, Dec 6 (Reuters) - An executive at carmaker Volkswagen's Mexico unit said on Wednesday there is room to boost regional tariff-free content for autos made in North America, a central plank of the Trump administration's plan to overhaul NAFTA.

worldNews reuters.com

Checks for free: a Mexican plan to combat poverty

MEXICO CITY (Reuters) - An opposition alliance in Mexico wants to launch a universal basic wage to combat the poverty that blights the lives of almost half the population, touting an experimental reform discussed globally as a solution to job losses from automation.

worldNews reuters.com

Mexican army hit by execution finding as Senate mulls new military powers

MEXICO CITY (Reuters) - Mexican soldiers arbitrarily executed two people after an illegal raid last year, a national rights body said on Tuesday, releasing its findings as protests disrupted a debate in the Senate over a contentious bill to give the military more powers.

domesticNews reuters.com

Illegal immigrant indicted on federal charges after San Francisco murder acquittal

WASHINGTON (Reuters) - A grand jury on Tuesday indicted on federal charges an illegal immigrant from Mexico who was acquitted last week of murder by a San Francisco jury, the U.S. Justice Department said in a statement.

companyNews reuters.com

EMERGING MARKETS-Mexico index rises on bank deal; Brazil's Bovespa dips

(Updates prices, adds details on Mexican stock index) SAO PAULO, Dec 5 (Reuters) - Mexico's S&P/BVM IPC share index rose 0.64 percent on Tuesday, recovering some ground after falling last week to its lowest level since March. Banorte bank pushed the gains, with its shares rising 2.60 percent as it announced that shareholders approved its acquisition of Grupo Financiero Interacciones, a deal that will create the country's second-biggest bank. The Mexican peso weakened in respons

companyNews reuters.com

Uber suspends cash payments in Mexico's Puebla after demands from state

MEXICO CITY, Dec 5 (Reuters) - Uber Technologies Inc said on Tuesday it will stop accepting cash payments in the central Mexican state of Puebla to comply with demands from authorities, as the ride-hailing company faces a new wave of regulation in Mexico.

companyNews reuters.com

UPDATE 1-Banorte shareholders vote to create Mexico's No. 2 bank

MONTERREY, Dec 5 (Reuters) - Shareholders in Mexico's Banorte on Tuesday approved the acquisition of Grupo Financiero Interacciones, which will create the country's second-biggest bank.

sportsNews reuters.com

WADA reinstates suspended Mexico laboratory

(Reuters) - Mexico’s suspended anti-doping laboratory has been reinstated after correcting non-conformities, the World Anti-Doping Agency (WADA) said on Tuesday.

worldNews reuters.com

U.N. rights team warns Mexico of 'crisis' in journalists' safety

MEXICO CITY (Reuters) - The United Nations said on Monday the Mexican government is struggling to keep journalists safe and prosecute their oppressors, after officials toured regions of the country that are among the most dangerous in the world for reporters.

companyNews reuters.com

BRIEF-Orex Signs Letter of Intent to Acquire Silver-Copper-Zinc Project in Mexico

* OREX SIGNS LETTER OF INTENT TO ACQUIRE THE SAN LUIS DEL CORDERO SILVER-COPPER-ZINC PROJECT IN DURANGO, MEXICO

vis-photo nytimes.com

Mexico’s Government Is Blocking Its Own Anti-Corruption Drive, Commissioners Say

Members of the nation’s new system against graft, inaugurated by the president after several scandals, say they are routinely thwarted by the government.

sportsNews reuters.com

Russia to kick off soccer World Cup against Saudis, Germany face Mexico

MOSCOW (Reuters) - Hosts Russia will kick off next year's World Cup finals versus Saudi Arabia in Moscow and defending champions Germany will start against Mexico after Friday's draw threw up some mouthwatering clashes.

topNews reuters.com

As OPEC extends output cuts, Asia turns to North America for more oil

SINGAPORE (Reuters) - Asian refiners are losing no time reacting to a decision by OPEC and Russia to extend their agreed production cuts to all of 2018, ordering more oil from the Caribbean and Gulf of Mexico in a move that will result in lost OPEC and Russian market share.

worldNews reuters.com

Killing of Mexican prosecutor of crimes against women sparks outcry

MEXICO CITY (Reuters) - The European Union on Thursday condemned the killing of a female Mexican prosecutor who specialized in violence against women, as the country grapples with its worst murder rate in two decades, including a spate of attacks on rights workers and reporters.

domesticNews reuters.com

Illegal immigrant acquitted of murder in San Francisco, Trump slams verdict

(Reuters) - An illegal immigrant from Mexico was acquitted of murder and manslaughter by a San Francisco jury on Thursday in the fatal shooting of a woman that Donald Trump used as a rallying cry against "sanctuary cities" during his presidential campaign.

domesticNews reuters.com

Illegal immigrant acquitted of murder in politically charged San Francisco trial

(Reuters) - An illegal immigrant from Mexico was acquitted of murder and manslaughter by a San Francisco jury on Thursday in the fatal shooting of a woman that Donald Trump used as a rallying cry against "sanctuary cities" during his presidential campaign.

companyNews reuters.com

UPDATE 1-Slim's America Movil acquires some 2018-2024 Olympics TV rights

MEXICO CITY, Nov 30 (Reuters) - Mexican telecommunications firm America Movil said on Thursday that it had acquired the rights to show the Olympic Games from 2018 to 2024 in some Latin American countries, marking the company's latest bid to boost its presence in television.

companyNews reuters.com

UPDATE 1-Chevron to study Mexican oil block, no drilling seen in first 4 years

MEXICO CITY, Nov 30 (Reuters) - U.S. oil major Chevron Corp will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract, rather than drilling new wells, a senior executive said on Thursday.

companyNews reuters.com

EMERGING MARKETS-Brazil pension reform worries weigh on stocks, currency

(Updates with final prices, details from Mexico) By Bruno Federowski SAO PAULO, Nov 29 (Reuters) - Brazil's stocks and currency fell on Wednesday, extending a recent trend of heightened volatility as traders seek new clues about the likelihood that Congress will approve a plan to streamline the social security system. Chief of Staff Eliseu Padilha said Brazil's government is unwilling to further water down the controversial bill, after repeatedly doing so in order to garner lawmaker

companyNews reuters.com

UPDATE 1-Mexico's Pemex declares force majeure on Isthmus crude oil -sources

SINGAPORE, Nov 29 (Reuters) - Mexico's national oil company Pemex has declared force majeure on the loading of Isthmus crude, two sources with knowledge of the matter said on Wednesday.

companyNews reuters.com

Mexico's Pemex declares force majeure on Isthmus crude oil - sources

SINGAPORE, Nov 29 (Reuters) - Mexico's national oil company Pemex has declared force majeure on the loading of Isthmus crude, two sources with knowledge of the matter said on Wednesday.

companyNews reuters.com

Two human heads found outside broadcaster's office in Mexico

MEXICO CITY, Nov 28 (Reuters) - Two human heads were discovered in a cooler outside an office of broadcaster Televisa in the Mexican city of Guadalajara, authorities said on Tuesday.

companyNews reuters.com

Mexichem says Pemex tie-up at blast site depends on insurance

MEXICO CITY, Nov 28 (Reuters) - Mexican chemicals company Mexichem said on Tuesday its future association with state oil firm Petroleos Mexicanos (Pemex) in a petrochemical plant on the Gulf Coast will depend on insurers' assessment of a major explosion that occurred last year.

companyNews reuters.com

EMERGING MARKETS-Chile peso hits 3-mth low; Mexico, Brazil currencies rise

(Updates with final prices, details from Mexico, Brazil) By Bruno Federowski SAO PAULO, Nov 28 (Reuters) - The Chilean peso fell to a three-month low on Tuesday, tracking a decline in prices of copper, the country's main export, though other currencies in the region appreciated after testimony from the nominee to run the U.S. Federal Reserve. The Chilean currency declined for a second day, driving it to the weakest levels since August. In the United States, congressional testimo

worldNews reuters.com

Mexico ruling party hopeful attacks rival's 'hunger for power'

MEXICO CITY (Reuters) - A newly unveiled presidential contender for Mexico's ruling party attacked his main leftist rival on Tuesday, accusing him of being obsessed by power, afraid of debate and unable to tackle corruption when he held public office.

companyNews reuters.com

U.S. ethanol makers call on Mexico, India to reduce biofuel glut

CHICAGO, Nov 28 (Reuters) - U.S. ethanol producers, looking to relieve a growing domestic glut, are hunting for new international fuel markets to replace China and Brazil after trade disputes slashed exports to those top buyers.

worldNews reuters.com

Mexico finance minister resigns to seek presidency for ruling party

MEXICO CITY (Reuters) - Mexico's finance minister resigned on Monday to seek the 2018 presidential nomination of the ruling party, anticipating a major break with tradition as it seeks outside help to clean up its tarnished image and stay in office for another six years.

domesticNews reuters.com

Trump Panama hotel owners trying to strip president's name -report

MEXICO CITY (Reuters) - Owners of the Trump International Hotel in Panama City are trying to strip the president's name from the building and remove his company from management, the Associated Press reported on Monday.

companyNews reuters.com

EMERGING MARKETS-Brazil stocks fall on pension reform jitters

(Adds final prices, Mexico, Chile) By Bruno Federowski SAO PAULO, Nov 27 (Reuters) - Brazilian stocks fell on Monday as traders feared the government might have to weaken pension legislation further to ensure its approval in Congress. President Michel Temer's administration agreed last week to soften its controversial plan to streamline the social security system after facing strong opposition from lawmakers. That proposal would generate fiscal savings of about 60 percent of the

worldNews reuters.com

Mexico finance minister Meade resigns to run for presidency

MEXICO CITY (Reuters) - Mexico's finance minister Jose Antonio Meade stepped down on Monday to seek the 2018 presidential nomination for the ruling party, which hopes his honest reputation will help counter the taint of corruption that has blighted its record in power.

Art nytimes.com

An Insect’s Colorful Gift, Treasured by Kings and Artists

An exhibition in Mexico City traces Mexican red, the cochineal dye that reaped riches for the Spanish crown — and entranced painters.

worldNews reuters.com

Mexico's finance minister Meade resigns as presidential race looms

MEXICO CITY (Reuters) - Mexico's finance minister, Jose Antonio Meade, stepped down on Monday amid speculation the veteran technocrat will run for president in next year's election under the ruling Institutional Revolutionary Party (PRI) banner.

worldNews reuters.com

Mexico finance minister to resign as presidency race looms: sources

MEXICO CITY (Reuters) - Mexican finance minister Jose Antonio Meade will step down on Monday, two people familiar with the matter said on Sunday, as the ruling Institutional Revolutionary Party (PRI) gears up to pick its candidate for the 2018 presidential election.

companyNews reuters.com

Mexican authorities seek information from Uber about data breach

MEXICO CITY, Nov 26 (Reuters) - Mexico's transparency body said on Sunday it would seek information from Uber about the consequences of a large data breach that the ride-hailing company disclosed on Tuesday.

cnn.com

Mexican volcano erupts 3 times in 1 day

Popocatepetl volcano in central Mexico erupted three times on November 24.

companyNews reuters.com

Crude oil output, exports at Mexico's Pemex rise in October

MEXICO CITY, Nov 24 (Reuters) - Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday.

companyNews reuters.com

Mexico court rejects appeal to lift transgenic corn ban -lawyer

MEXICO CITY, Nov 24 (Reuters) - A Mexican court has rejected a company's appeal to lift a ban on commercial planting of transgenic corn in Mexico, passing the matter to the Supreme Court, a lawyer for the firm said on Friday.

companyNews reuters.com

EMERGING MARKETS-Colombia cenbank springs surprise rate cut; Mexico peso up

(Updates with Colombian central bank, final prices) By Bruno Federowski SAO PAULO, Nov 24 (Reuters) - Colombia's central bank lowered its main interest rate in a surprise move on Friday, while Mexico's peso strengthened after the nation's central bank chief said it was undervalued on a day of otherwise quiet activity in Latin American markets. Five of seven board members of the Colombian central bank voted to lower the benchmark rate by a quarter point to 4.75 percent, as policymake

environmentNews reuters.com

Mexico creates marine reserve around islands called 'Galapagos of North America'

MEXICO CITY (Reuters) - Mexico's government has created a marine park the size of Illinois in the Pacific, the largest ocean reserve in North America for the conservation of giant rays, whales and turtles, including dozens of species endemic to the area.

companyNews reuters.com

EMERGING MARKETS-LatAm markets quiet; Mexico peso up

By Bruno Federowski SAO PAULO, Nov 24 (Reuters) - The Mexican peso strengthened on Friday after the nation's central bank governor said the currency was undervalued, on a day of quiet activity in Latin American markets. The peso firmed 0.3 percent to 18.6 to the dollar, still weaker than the 17 to 18 pesos per dollar range Central Bank Governor Agustin Carstens considers reasonable. The central bank has repeatedly offered dollar hedging instruments in order to cushion the curren

businessNews reuters.com

Monsanto says Mexico revokes permit to market GMO soy in seven states

MEXICO CITY (Reuters) - Monsanto Co said on Thursday that Mexico's agriculture sanitation authority SENASICA had revoked its permit to commercialize genetically modified soy in seven states, criticizing the decision as unjustified.

companyNews reuters.com

Monsanto says Mexico revokes permit to market GMO soy in 7 states

MEXICO CITY, Nov 23 (Reuters) - Monsanto Co said on Thursday that Mexico's agriculture sanitation authority SENASICA had revoked its permit to commercialize genetically modified soy in seven states, criticizing the decision as unjustified.

worldNews reuters.com

Mexican ruling party to pick presidential candidate on February 18

MEXICO CITY (Reuters) - Mexico's ruling Institutional Revolutionary Party (PRI) said on Thursday registration for PRI contenders in the July 2018 presidential election will begin on Dec. 3, and that a national convention would pick the candidate on Feb. 18.

worldNews reuters.com

U.N. rights team to visit Mexico after journalist murders

MEXICO CITY (Reuters) - The United Nations said on Thursday a group of experts on freedom of expression will visit Mexico at the end of November to assess the safety of journalists in the country, one of the most dangerous in the world for reporters.

companyNews reuters.com

EMERGING MARKETS-Politics weigh on Chile, Brazil stocks, inflation in Mexico

(Updates with final prices, details from Mexico) SAO PAULO, Nov 23 (Reuters) - Equities markets across Latin America fell on Thursday amid light Thanksgiving trading, led by the blue-chip IPSA index in Chile, where investors are still jittery over a weak performance by conservatives in elections over the weekend. On Thursday leftist Chilean presidential candidate Alejandro Guillier, competing in a run-off after coming second in a first round on Sunday, said he was open to eliminating Ch

Bridges and Tunnels nytimes.com

Nafta Talks Have High Stakes for Two Texas Bridge Owners

Private crossings to Mexico are a rich franchise under the North American Free Trade Agreement, but discussions on reopening the accord have put that bonanza at risk.

companyNews reuters.com

Pemex stake in Nobilis-Maximino deep water tie-up to be cut

MEXICO CITY, Nov 23 (Reuters) - The stake held by Mexican state oil firm Pemex in the potentially lucrative Nobilis-Maximino deep water tie-up near the U.S. maritime border will be cut from 49 percent to 40 percent, an official at the company said on Thursday.

domesticNews reuters.com

Exclusive: CSX to impose hefty fees on some rail customers in 2018

SEATTLE (Reuters) - CSX Corp will charge new fees for freight shipments to Mexico and hike charges for customers that fail to load or discharge railcars by agreed deadlines or ship unsafely loaded or overweight railcars as of Jan. 1, the company said.

companyNews reuters.com

Canada's Torex says two men killed at Mexico mine were not employees

MEXICO CITY, Nov 22 (Reuters) - Two men shot dead near a gold mine owned by Canada's Torex Gold Resources Inc in Mexico were not its employees or contractors, the company said on Wednesday, after the killings were cited by unions as an example of poor labor conditions.

companyNews reuters.com

Mexico's Pemex helping to extinguish fire near Madero refinery

MEXICO CITY, Nov 22 (Reuters) - Mexico's national oil company Pemex said on Wednesday that it was helping to put out a gas-related fire close to its Madero refinery in the state of Tamaulipas.

cnn.com

Mexico boosts minimum wage to $4.70 a day

worldNews reuters.com

Mexican leftist Lopez Obrador leads presidential race polls

MEXICO CITY (Reuters) - Mexican leftist presidential hopeful Andres Manuel Lopez Obrador showed leads over potential rivals in two newspaper polls published Wednesday, shortly after he unveiled key policies of his campaign platform ahead of next July's election.

worldNews reuters.com

Mexican leftist presidential candidate vows financial crime crackdown

MEXICO CITY (Reuters) - Mexican leftist presidential frontrunner Andres Manuel Lopez Obrador has pledged in his manifesto to clamp down on financial crime, and tighten money laundering, banking and tax regulations if elected next July.

businessNews reuters.com

NAFTA talks hit wall as Mexico, Canada push back on U.S. demands

MEXICO CITY (Reuters) - The United States, Mexico and Canada failed to resolve any major differences in a fifth round of talks to rework the NAFTA trade deal, drawing a swift complaint from the Trump administration on Tuesday that the lack of progress could doom the process.

worldNews reuters.com

Mexico suffers deadliest month on record, 2017 set be worst year

MEXICO CITY (Reuters) - There were more murders in October in Mexico than in any month over at least 20 years, according to official data, in the latest grim milestone in 2017, a year on course to register the highest homicide tally since modern records began.

companyNews reuters.com

EMERGING MARKETS-Brazil stocks rise, Mexico peso firm as NAFTA talks end for now

(Updates prices) By Bruno Federowski SAO PAULO, Nov 21 (Reuters) - Brazilian stocks rose on Tuesday, touching a three-week high amid rising investor hopes that lawmakers will approve a plan to streamline the social security system, while the Mexican peso strengthened to its highest level in a month. Concerns over Brazilian President Michel Temer's ability to pass the controversial measure had spooked local markets following a smaller-than-expected show of support for the center-rig

politicsNews reuters.com

Any Trump NAFTA withdrawal faces stiff court challenge: legal experts

MEXICO CITY (Reuters) - With NAFTA talks grinding toward stalemate, U.S. President Donald Trump may be tempted to carry out his threat to withdraw from the trade pact, but legal experts say such a decision could be defeated, or delayed significantly by court challenges.

businessNews reuters.com

NAFTA round wrapping up, 'significant differences' remain

MEXICO CITY (Reuters) - The United States, Mexico and Canada were wrapping up a fifth round of talks to update NAFTA on Tuesday with major differences yet to be resolved, casting doubt on whether a deal could be reached by the end of March 2018 as planned.

businessNews reuters.com

NAFTA nations lock horns on U.S. auto demands as fifth round ends

MEXICO CITY (Reuters) - Negotiators from the United States, Mexico and Canada square off on Tuesday for the last time in a fifth round of talks to rework the North American Free Trade Agreement, with stalemate brewing on a contentious proposal to ramp up regional content for autos.