As uncertainty continues over the fate of Nafta, we asked readers in the manufacturing industry in Mexico to share their views on globalization. [Source]
(Updates prices) By Bruno Federowski SAO PAULO, Jan 15 (Reuters) - The Mexican peso rose to a more than five-week high on Monday on hopes that U.S. President Donald Trump may soften his stance on the North American Free Trade Agreement (NAFTA) after negotiations hit a bumpy patch last week. Renewed worries that Trump would scrap NAFTA had weighed on the peso last week. The talks between the United States, Mexico and Canada are edging closer to the start of campaigning for Mexico's J
GOP Sen. Jeff Flake of Arizona plans to deliver a speech comparing President Donald Trump's attacks on the press as reminiscent of Joseph Stalin, and said Monday that his colleagues should join him in speaking out.
FRANKFURT (Reuters) - German drugmaker Dermapharm is preparing for an initial public offering (IPO), probably stealing a march on much larger Siemens' healthcare unit Healthineers as the first stock market flotation in Germany this year.
WASHINGTON (Reuters) - Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local representatives seeking exemptions from Interior Secretary Ryan Zinke's newly proposed offshore drilling plan, after his surprise move on Tuesday to shield Florida.
LONDON, Jan 11 (Reuters) - Britain's biggest retailer Tesco missed forecasts for Christmas trading on Thursday as strong sales of fresh food were undermined by lower demand for general goods such as DVDs and computer games.
MEXICO CITY (Reuters) - The head of the Mexico's Financial Intelligence Unit, a part of the finance ministry tasked with combating and preventing money laundering, resigned on Wednesday, two sources with direct knowledge of the matter told Reuters.
MEXICO CITY (Reuters) - Chinese ride-hailing company Didi Chuxing has advertised online for a range of jobs in Mexico as it prepares to break into the country, one of rival Uber's regional strongholds.
MEXICO CITY, Jan 10 (Reuters) - Mexican state-owned oil company Pemex revised its February term pricing formulas for crude oil shipped to customers in the Americas, Europe and the Far East, the company said on Wednesday. The following table lists the adjustments to price constants for Pemex's international buyers: DESTINATION JAN CONSTANT FEB CONSTANT ---------------- ---------------- --------------- AMERICAS
PARIS (Reuters) - Catherine Deneuve and other critics of the #Metoo movement against sexual harassment sound like "the tiresome uncle at the family dinner", leading French feminists said on Wednesday.
TEGUCIGALPA (Reuters) - An earthquake of magnitude 7.6 that struck near remote islands belonging to Honduras on Tuesday was felt across northern Central America but there were no immediate reports of casualties or major damage.
HANOI/LOS ANGELES (Reuters) - Vietnam is gripped by its highest profile corruption trial in memory, but some spectators are questioning whether the Communist Party elite in the dock were charged because of infighting in the ruling class or a crackdown on abuse of office.
The US Pacific Tsunami Warning Center said tsunami waves were possible for several countries in the Caribbean and Central America, as well as Mexico, after a magnitude-7.6 earthquake struck 27 miles off the coast of Honduras.
TEGUCIGALPA (Reuters) - An earthquake of magnitude 7.6 that struck near remote islands belonging to Honduras on Tuesday was felt across northern Central America, prompting a tsunami warning for parts of the Caribbean.
MEXICO CITY (Reuters) - A Mexican state governor on Monday accused the finance ministry of withholding federal funds to punish his administration for launching an investigation into alleged corruption that has embarrassed the ruling Institutional Revolutionary Party (PRI).
The tricks of the multibillion-dollar drug business include using drones, submarines, ultralight planes and even frozen sharks to transport product across the US-Mexico border. Just consider that in 2016, US Customs and Border Protection Air and Marine Operations agents attempted to seize a submarine in the Pacific Ocean with nearly $194 million worth of cocaine.
NEW YORK (Reuters) - Bitcoin fell below $15,000 on Monday after South Korea's financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions.
President Donald Trump's staunch defense of his own mental acuity this weekend all but ensured the questions mounting about his fitness will increase in the coming week, which is set to culminate Friday with his first known medical exam since taking office.
TOKYO (Reuters) - North Korea's representative at the International Olympic Committee said the country expects to send a figure skating pair to compete at the Pyeongchang Winter Olympic Games in South Korea next month, Japan's Kyodo News reported on Saturday.
CHILPANCINGO, Mexico (Reuters) - Mexican authorities said on Friday that they were investigating local police in the capital of Guerrero state after the dismembered bodies of two young men were found inside plastic bags outside the beach resort of Acapulco.
MEXICO CITY (Reuters) - The heads of five men displayed atop a car were found on Friday in the Gulf state of Veracruz in southeastern Mexico, local authorities said, in the midst of a spike in violence in the country.
SAN FRANCISCO (Reuters) - Twitter Inc on Friday reiterated its stance that accounts belonging to world leaders have special status on the social media network, pushing back against users who have called on the company to banish U.S. President Donald Trump.
MEXICO CITY (Reuters) - Mexicoâ€™s acting attorney general said on Thursday prosecutors were already working to improve investigations and cooperation with other countries following an international report that blasted the country for failing to punish money launderers.
MEXICO CITY (Reuters) - The left-wing frontrunner to win this year's Mexican presidential election said on Thursday that he would personally take a central role in restoring order after years of violence that has claimed tens of thousands of lives.
MEXICO CITY (Reuters) - Mexico City residents should be free to grow marijuana for personal use, a mayoral hopeful told Reuters on Wednesday, arguing that one of the world's largest cities should lead the charge to end prohibition in a country riven by drug violence.
Alaleh Kamran is having flashbacks. Since protests broke out in her home country of Iran last week, the Los Angeles resident has been glued to the news, social media and Telegram, the app used by many Iranians to communicate.
Democrats and Republicans on the House Intelligence Committee are on a collision course, as the two sides appear increasingly likely to issue competing reports coming to starkly different conclusions about the panel's Russia investigation.
As the 2018 election year begins, one question above all is likely to shape its outcome: Will Americans vote to constrain President Donald Trump by electing a Democrat-led Congress that will challenge and resist him, or to empower the Republicans who are increasingly working in harness with him?
MEXICO CITY (Reuters) - Several U.S. citizens were among 10 people who died in a car crash and subsequent fire on the southwestern coast of Mexico near tourist hot spot Acapulco, the U.S. State Department said on Sunday.
MEXICO CITY (Reuters) - Ten people died and two were injured in a car crash and fire on the southwestern Mexican coast near the tourist hot spot of Acapulco, the nation's civil protection agency said on Saturday.
SINGAPORE (Reuters) - Industrial metals, liquefied natural gas and steel are set to finish 2017 on top of the world as a crackdown on pollution in China, the world's no.2 economy, boosts demand for cleaner fossil fuels and raw materials vital to clean-tech industries.
NEW DELHI (Reuters) - India's finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like "Ponzi schemes."
(Rewrites with Mexican central bank comment on Mexican peso) By Bruno Federowski SAO PAULO/MEXICO CITY, Dec 28 (Reuters) - Mexico's peso weakened on Thursday after the central bank expressed concern the inflation outlook has deteriorated, adding the currency could depreciate if talks to renegotiate the North American Free Trade Agreement are unfavorable. The minutes of the Mexican central bank's Dec. 14 meeting reinforced a more hawkish tone under its new boss, with a majority of th
MEXICO CITY (Reuters) - Mired in allegations of corruption, Mexico's ruling Institutional Revolutionary Party (PRI) has thrown its weight behind an untainted outsider in a bid to clean up its image and hang on to the presidency in elections next July.
TOKYO (Reuters) - A string of data-tampering scandals at Japanese manufacturers has not tarnished Japan's image, though it has been a powerful reminder to avoid sacrificing quality when under cost or delivery pressure, a senior economic official said on Wednesday.
BEIJING (Reuters) - Shares in several of Apple Inc's Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan's Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first quarter.
SEOUL (Reuters) - South Korea predicted on Tuesday that North Korea would look to open negotiations with the United States over its weapons programs next year and pursue at least some rapprochement with Seoul in an optimistic government outlook for 2018.
A 17-year-old in northern Virginia is facing two counts of murder for allegedly killing his girlfriend's parents after the couple tried to get their daughter to stop dating him because of his suspected neo-Nazi views, according to police and family members who spoke to the media.
Recent US actions point to a confrontational policy, unlike what Trump called for during his campaign
In the space of a week, the Trump administration has named Russia a "rival power," sanctioned a close Putin ally, and decided to give Ukraine anti-tank weapons to help in its fight against Moscow-backed militias.
By Bruno Federowski and Miguel Gutierrez BRASILIA, Dec 22 (Reuters) - The Mexican peso hit a nine-month low on Friday, battered by a U.S. tax overhaul and domestic corruption scandals that boost a leftist front-runner's chances in next year's elections. U.S. President Donald Trump signed sweeping tax legislation into law on Friday, slashing the U.S. corporate rate to 21 percent from 35 percent beginning on Jan. 1. The bill has prompted worries in Mexico that the country could los
(Reuters) - Ford Motor Co chief executive Jim Hackett has apologized to employees for accusations detailed in a New York Times report that management at two Chicago plants did not respond adequately to complaints of sexual harassment.
MEXICO CITY, Dec 21 (Reuters) - Mexico's oil regulator said on Thursday it had assigned trader Trafigura a three-year contract to commercialize crude oil the government obtains from the new scheme of contracts derived from an energy reform.
MEXICO CITY, Dec 21 (Reuters) - Mexico's oil regulator said on Thursday it had assigned oil trader Trafigura a three-year contract to commercialize crude the government obtains from the new scheme of contracts derived from an energy reform.
MEXICO CITY, Dec 21 (Reuters) - Mexico's oil regulator is expected to assign oil trader Trafigura a three-year contract to commercialize crude the government obtains from the new scheme of contracts derived from an energy reform, the national regulator said on Thursday.
MEXICO CITY (Reuters) - Mexico's prison population has fallen by a fifth from the peak in 2014 as fewer people are locked up under a new criminal justice system, with experts saying that cases are falling apart under a higher bar for police conduct and standards of evidence.
President Donald Trump will likely sign the $1.5 trillion tax bill into law Friday, White House officials predict, shortly before he departs Washington for his holiday vacation in West Palm Beach, Florida.
MEXICO CITY (Reuters) - Mexico's President Enrique Pena Nieto said on Thursday that he would send a contentious new security law to the Supreme Court for review after signing it, and would not make use of it until the tribunal had ruled on its constitutionality.
By Jarrett Renshaw NEW YORK, Dec 21 (Reuters) - U.S. refiners and pipeline companies are likely to embark on a capital spending spree in the next year, fueled by a provision in the recently-passed U.S. tax bill that rewards investment in new projects, said energy industry lobbyists and analysts. On Wednesday, Congress gave final approval to the biggest overhaul of the U.S. tax code in 30 years, the first major legislative victory for President Donald Trump since he took office.
ALMOG, West Bank (Reuters) - The aromatic plants bestowed on the infant Jesus are being cultivated by an Israeli entrepreneur who aims to transform the gifts of the Christmas story into therapeutic...
MEXICO CITY (Reuters) - A former high-ranking official from Mexican President Enrique Pena Nieto's party was arrested on Wednesday as part of a corruption investigation in the northern state of Chihuahua, the state's governor said.
MEXICO CITY (Reuters) - Mexico will legalize sales of marijuana-based medicines, foods, drinks, cosmetics and other products early next year, its health regulator said on Wednesday, bringing some forms of cannabis into legal commerce even as the country struggles with the illicit drug trade.
CHICAGO, Dec 20 (Reuters) - The U.S. Environmental Protection Agency has said that glyphosate, the key ingredient in Monsanto Co's top-selling weed killer Roundup, is not likely to be carcinogenic to humans, contradicting a World Health Organization panel.
Dec 20 (Reuters) - New Mexico on Wednesday added claims against drugmakers Insys Therapeutics Inc and Mallinckrodt Plc in a lawsuit accusing various opioid manufacturers and distributors of helping fuel a drug addiction epidemic in the state.
MEXICO CITY (Reuters) - The driver of a tour bus that crashed on Tuesday on a quiet road in Mexico's Yucatan Peninsula, killing 12 people, may have lost control after one of the front tires exploded, the local police chief said.
VIENNA (Reuters) - Austrian Chancellor Sebastian Kurz said on Wednesday his new coalition would focus on fighting anti-Semitism, after Israel made it clear it would not work directly with any ministers from the far-right party now back in government.
MEXICO CITY (Reuters) - Mexico recognized Honduran President Juan Orlando Hernandez on Tuesday as the winner of last month's election, just days after the Organization of American States called for a fresh vote to dispel widespread allegations of fraud.
MEXICO CITY (Reuters) - Mexico is poised to recognize Honduran President Juan Orlando Hernandez as the winner of last month's election, according to a draft foreign ministry statement seen by Reuters, just days after the Organization of American States called for a fresh vote to dispel widespread allegations of fraud.
(Reuters) - Jerry Zeitler says a sweeping Republican tax overhaul will encourage him to take a bigger bite next year out of his $3 million wish list of new equipment for the metal-stamping operation he runs outside Cleveland.
MEXICO CITY (Reuters) - A journalist was shot dead on Tuesday in the Mexican state of Veracruz as he attended a Christmas celebration at his son's school, the latest murder in the country's deadliest year on record for media workers.
MEXICO CITY (Reuters) - Mexican prosecutors are failing to systematically punish money launderers and tax authorities are too lax with potential drug money fronts such as real estate and luxury goods firms, according to a draft report on Mexico's efforts to fight illicit finance.
MELBOURNE (Reuters) - Global miner BHP Billiton said on Tuesday it has taken a preliminary decision to quit the World Coal Association citing disagreement over climate change, and might also withdraw from the U.S. Chamber of Commerce over mining industry rules.
WASHINGTON, Dec 18 (Reuters) - The U.S. Senate Banking Committee looks set to reject President Donald Trump's nominee to run the Export-Import Bank on Tuesday, but the 2-1/2-year freeze on its ability to finance major export projects could begin to thaw soon anyway.
(Reuters Health) - - Babies who are born too soon or arrive weighing too little are about three times more likely to develop attention deficit hyperactivity disorder (ADHD) than full-term, healthy-sized infants, a research review suggests.
HOUSTON, Dec 18 (Reuters) - Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production platform.
MEXICO CITY (Reuters) - The front-runner in Mexico's 2018 election has embraced a small, socially conservative party in his bid for the presidency, sparking criticism among progressives that could splinter his support in what is expected to be a tight race.
MEXICO CITY (Reuters) - Human rights activist Juan Carlos Soni fears a new security law passed by Mexico's Congress on Friday could mean his death after he suffered beatings, electrocution and abduction at the hands of the armed forces four years ago.
MEXICO CITY, Dec 15 (Reuters) - Amazon.com Inc likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country's nascent e-commerce market by a third, according to a report by market research firm Euromonitor International.
MEXICO CITY (Reuters) - Mexico's Senate on Friday named the country's new top prosecutor for election-related crimes, after the official previously in the post was fired amid a graft scandal involving a close former aide of President Enrique Pena Nieto.
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).
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.
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.
Exit polling shows 98 percent of female African-American voters supported Doug Jones in the Senate election in Alabama. We spoke to some of them to learn what was so important to them in this election.
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.
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.
Dec 13 (Reuters) - Deckers Outdoor Corp shareholders looked set to hand three board seats to Marcato Capital Management at the UGG boots maker's annual meeting on Thursday, capping a months-long bitter proxy contest.
Doug Jones' victory in Alabama means that Democrats are only two seats away from the majority. While a Democratic move into the majority still looks like a long shot, it's now not out of the question. CNN's Tom Foreman explains.
Moments after Republican Roy Moore announced he wanted a recount, CNN spoke with Alabama Secretary of State John Merrill who said that it is "highly unlikely" that Democrat Doug Jones is not the next senator of the state of Alabama.
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.
WARSAW (Reuters) - Poland will remain reliant on coal for power generation for now but in future should consider turning to nuclear energy and renewable sources, the new prime minister said on Tuesday in his first policy speech.