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Mexican Congress approves use of medical marijuana

MEXICO CITY Mexico's Lower House of Congress passed a bill on Friday to legalize the use of marijuana and cannabis for medical and scientific needs, a step closer to outright legalization in a country long scarred by warring drug cartels.

Tesla recruiting engineers in Mexico for California plant

SAN FRANCISCO Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings viewed by Reuters, part of a hiring push to ready the plant for mass production of the upcoming Model 3.

Apr 28 2017

Pena Nieto, Trudeau to remain in close contact over NAFTA: Mexico

MEXICO CITY Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau spoke on Thursday about the NAFTA trade deal and agreed there was an opportunity to update the accord to the mutual benefit of all signatories, the Mexican government said.

Apr 27 2017

Mexico's Pemex approves new deep water Gulf joint venture

MEXICO CITY The board of Mexico's state-owned oil company Pemex on Thursday approved its second-ever deep water joint venture covering the Nobilis-Maximino block in the country's territorial Gulf waters.

Apr 27 2017

'Enormous progress' in U.S.-Mexico ties: Mexican foreign minister

MEXICO CITY Relations between the United States and Mexico have seen "enormous progress" during the first months of the administration of U.S. President Donald Trump, Mexican Foreign Minister Luis Videgaray said on Thursday.

Apr 27 2017

Mexico president agrees with Trump on 'convenience' of not ending NAFTA

MEXICO CITY Mexican President Enrique Pena Nieto spoke with U.S. President Donald Trump on Wednesday and they agreed on the "convenience" of not scrapping the North American Free Trade Agreement (NAFTA), but instead renegotiating the treaty along with Canada.

Apr 26 2017

Pemex looks to repeat Mexico's latest hedge to protect projects

MEXICO CITY Mexican state-owned oil company Pemex will consider repeating in future years a recently instituted hedging program as it looks to firm up its balance sheet and avoid the need for surprise budget cuts, a senior executive said late on Tuesday.

Apr 26 2017

Old enough to recall Mexican Revolution, too old for bank card

GUADALAJARA, Mexico Born at the turn of the past century, Maria Felix is old enough to remember the Mexican Revolution but too old to get the bank card needed to collect her monthly 1,200 pesos ($63) welfare payment for the elderly.

Apr 26 2017

America Movil expects approval for Telmex plan in months

MEXICO CITY Mexican telecoms company America Movil has submitted its proposal for separating a part of its fixed-line unit Telmex from the rest of the company, and expects approval in coming months, a company executive said Wednesday.

Apr 26 2017

Mexico sees NAFTA trade talks starting in August: Minister

LONDON Mexico expects to start the renegotiation of the North American Free Trade Agreement (NAFTA) with the United States and Canada in late August and talks should be completed within six months, the country's economy minister said on Wednesday.

Apr 26 2017

Mexico's Pemex will look to repeat new hedging program

MEXICO CITY Mexican state-owned oil company Pemex will consider repeating a recently instituted hedging program in future years, as it looks to firm up its balance sheet and avoid the need for surprise budget cuts, a top executive said late on Tuesday.

Apr 26 2017

Mexico's Pemex hedges oil output for first time in 11 years

MEXICO CITY Mexican state-owned oil company Pemex said on Tuesday it has hedged its output through December, the first time it has done so in 11 years, in a bid to protect its balance sheet from a potential drop in oil prices.

Apr 25 2017

Proposed Mexico fuel rule seeks more ethanol blending

MEXICO CITY A plan to raise the amount of ethanol that can be blended with motor fuels in Mexico, which could power job growth and lower air pollution, was submitted to the country's energy regulators by an industry group on Tuesday.

Apr 25 2017

Mexico talks tough on Trump with NAFTA talks looming

MEXICO CITY Mexico's government on Tuesday said it would fight any measures in a U.S. tax overhaul that broke international trade rules, and threatened to review cross-border cooperation on migration and security if upcoming negotiations founder.

Apr 25 2017

WTO lets Mexico slap trade sanctions on U.S. in tuna dispute

GENEVA Mexico can impose annual trade sanctions worth $163.23 million against the United States after winning a dispute over trade in tuna fish, a World Trade Organization arbitrator ruled on Tuesday.

Apr 25 2017

Mexican leftist's party could win key state vote -poll

MEXICO CITY Mexico's ruling party could be defeated by the candidate of leftist leader Andres Manuel Lopez Obrador in a June state election seen as a litmus test for next year's presidential race, a newspaper poll showed on Tuesday.

Apr 25 2017

Mexico plans immediate action on US imports after WTO tuna ruling

MEXICO CITY The Mexican economy ministry said on Tuesday it would immediately initiate the process of taking retaliatory steps against U.S. imports following a ruling by the World Trade Organization in Mexico's favor in a dispute over tuna.

Apr 25 2017

Teva looks to resume some production at Rimsa plant in Mexico

TEL AVIV Teva Pharmaceutical Industries hopes to resume some production at its newly purchased Mexican plant in the coming months, but an overhaul needed to bring the factory up to speed will take a few years, the company said on Tuesday.

Apr 25 2017

Radioactive material stolen in Mexico, search on: officials

MEXICO CITY An unknown amount of stolen radioactive material has prompted an alert in nine Mexican states, the head of national emergency services said on Monday.

Apr 24 2017

Trump admin taking "constructive" stance on NAFTA-U.S. Chamber of Commerce

MEXICO CITY U.S. President Donald Trump's administration has adopted a "constructive" approach to NAFTA behind the scenes, despite headlines to the contrary, the head of the biggest U.S. business lobby said in a speech in Mexico on Monday.

Apr 24 2017
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South Korea says U.S. reaffirms it will pay THAAD costs; Trump calls Asia allies

SEOUL South Korea said the United States had reaffirmed it would shoulder the cost of deploying the THAAD anti-missile system, days after President Donald Trump said Seoul should pay for the $1-billion battery designed to defend against North Korea. | Video