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Mexico

Mexico and U.S. executives to share data to make case for free trade

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MEXICO CITY Mexican and U.S. business leaders will share information on cross-border economic integration as they seek to build a case for free trade under the government of President-elect Donald Trump, a top industry group said on Wednesday.

Retailer Wal-Mart de Mexico to invest $1.3 billion in Mexico

MEXICO CITY/ CHICAGO Retailer Wal-Mart de Mexico said on Wednesday it will invest $1.3 billion in logistics in Latin America's No. 2 economy, in what is perceived as a show of commitment to Mexico at a time of uncertainty after the election of Donald Trump.

Dec 07 2016

Billionaire Carlos Slim well placed to clinch Mexico City airport terminal

MEXICO CITY A consortium including billionaire Carlos Slim's building unit submitted the lowest bid on Wednesday in a tender for the terminal project at Mexico City's new $13 billion airport as the telecoms tycoon looks to edge out two rivals for the deal.

Dec 07 2016

German firms in Mexico brace for negative Trump impact: survey

MEXICO CITY The vast majority of German companies operating in Mexico expect U.S. President-elect Donald Trump's trade policy to have a negative impact on business, though most still plan to invest in the coming year, a survey showed on Wednesday.

Dec 07 2016

Mexican consumer confidence nears three-year low in November

MEXICO CITY Mexico’s consumer confidence fell to its lowest level in nearly three years last month when U.S. real estate mogul Donald Trump triumphed in U.S. presidential elections, the national statistics agency said on Tuesday.

Dec 06 2016

Statoil to drill offshore Mexico in 2018 at earliest

OSLO Statoil could drill its first well in the Salina Basin offshore Mexico in 2018 at the earliest, its exploration chief told Reuters on Tuesday.

Dec 06 2016

Fourteen killed by authorities in Mexican state of Veracruz

MEXICO CITY Fourteen suspected criminals were killed after a confrontation with police and marines in Mexico's Gulf state of Veracruz, Mexican police said on Monday.

Dec 06 2016

Mexico's Pemex sees more tie-ups after first joint venture

MEXICO CITY Fresh off a historic tie-up with Australia's BHP Billiton Plc, Pemex [PEMX.UL] is aiming for more than five additional joint ventures with other major producers over the next two years, the chief executive officer of the Mexican state oil firm said on Monday.

Dec 06 2016

Mexico's America Movil to provide national roaming service to Telefonica Mexico

MEXICO CITY Mexican telecoms giant America Movil , controlled by tycoon Carlos Slim, said on Monday its Mexican unit had reached an agreement to provide a national roaming service to its main competitor in the local market, Telefonica Mexico.

Dec 05 2016

China stakes claim in Mexico oil opening at deep water auction

MEXICO CITY Mexico on Monday auctioned eight out of ten deep water oil and gas blocks up for grabs in the Gulf of Mexico, and scored a joint venture for a major crude field in the most hotly-anticipated round of the country's energy opening so far.

Dec 05 2016

Most Mexican banks have enough capital in stress tests: central bank

MEXICO CITY Mexico's banking system maintains reasonable capital levels when subject to adverse scenarios in recent stress tests, the central bank said on Monday, but added that some institutions could show capital deficiencies under certain conditions.

Dec 05 2016

Mexico eyes three more oil auctions before end of 2018: minister

MEXICO CITY Mexico expects to hold three more oil and gas auctions before the end of 2018 for shallow waters, deep waters and onshore fields, Energy Minister Pedro Joaquin Coldwell said on Monday following a historic deep water auction.

Dec 05 2016

No bids submitted for sixth oil block in Mexico's Salina Basin

MEXICO CITY Mexico's oil regulator said there were no bidders for the sixth block tendered in the Gulf of Mexico's Salina Basin a historic deep water oil and gas auction on Monday.

Dec 05 2016

Murphy, Ophir-led consortium wins block in Mexico oil auction

MEXICO CITY Mexico awarded a consortium of Murphy Sur, Ophir Mexico Holdings, PC Carigali Mexico and Sierra Offshore Exploration the fifth block tendered from the Gulf of Mexico's Salina Basin in a historic deep water oil and gas auction on Monday.

Dec 05 2016

No bids submitted for second oil block in Mexico's Salina Basin

MEXICO CITY Mexico's oil regulator said there were no bidders for the second block tendered in the Gulf of Mexico's Salina Basin a historic deep water oil and gas auction on Monday.

Dec 05 2016

Chevron, Pemex, Inpex win block in Mexico deep water oil auction

MEXICO CITY Mexico awarded a consortium of Chevron, Pemex and Inpex Corporation the third block tendered from the Gulf of Mexico's Perdido Fold Belt off the U.S.-Mexico maritime border in a historic deep water oil and gas auction on Monday.

Dec 05 2016

Mexico says Total, ExxonMobil win block in deep water oil auction

MEXICO CITY Mexico awarded a consortium comprised by Total and ExxonMobil the second block tendered from the Gulf of Mexico's Perdido Fold Belt off the U.S.-Mexico maritime border in a historic deep water oil and gas auction on Monday.

Dec 05 2016

Mexico deep water oil push taps data that solved dinosaur riddle

MEXICO CITY A long-awaited auction of Mexico's untapped deep water oil fields on Monday has been fueled by a nearly $3 billion boom in geological data mapping almost inaccessible deposits to open up what the industry sees as the world's "last great proven frontier."

Dec 05 2016

Mexico's Carstens prefers prudence on hikes amid uncertainty

MEXICO CITY Mexico's central bank chief Agustin Carstens said on Friday that he and his fellow policymakers prefer to be prudent with interest rate moves given uncertainty over future U.S. policy.

Dec 02 2016

Trump's Carrier deal worthy of 'banana' republic: Mexico official

MONTERREY, Mexico U.S. President-elect Donald Trump's intervention to stop jobs at a plant in Indiana going to Mexico is typical of what happens in countries that Americans call "banana" republics, a senior Mexican state official said on Thursday.

Dec 01 2016
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Rebels seek ceasefire with Syrian army closer to retaking Aleppo

BEIRUT Syrian rebels in besieged eastern Aleppo called on Wednesday for an immediate five-day ceasefire and the evacuation of civilians and wounded, but gave no indication they were ready to withdraw as demanded by Damascus and Moscow. | Video