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United States

Julia Love

Televisa shares in dramatic fall after CEO 'no spinoff' comments

Feb 22 2019

MEXICO CITY Shares in Mexican broadcaster Televisa plunged the most in more than 17 years on Friday after weak earnings and comments by Co-Chief Executive Alfonso de Angoitia that a spinoff of business units would not benefit shareholders.

UPDATE 2-Televisa shares in dramatic fall after CEO 'no spinoff' comments

Feb 22 2019

MEXICO CITY, Feb 22 Shares in Mexican broadcaster Televisa plunged the most in more than 17 years on Friday after weak earnings and comments by Co-Chief Executive Alfonso de Angoitia that a spinoff of business units would not benefit shareholders.

U.S. set to send first group of asylum seekers back to Mexico

Jan 25 2019

TIJUANA/MEXICO CITY, Mexico The United States was expected to send a first group of 20 Central American asylum seekers back to Mexico through the border city of Tijuana on Friday as part of President Donald Trump's hardening of longstanding U.S. immigration policy.

Mexicans embrace bikes, scooters as fuel shortage drags on

Jan 10 2019

MEXICO CITY Mexicans faced with a fuel shortage are turning to bikes and scooters, generating business for startups that rent those alternative rides, but straining operations for ride-hailing service Uber in some cities.

Mexican president owns no cars or real estate, but his wife does

Jan 04 2019

MEXICO CITY Mexican President Andres Manuel Lopez Obrador said on Friday he owns no real estate, vehicles or personal property, echoing what experts say is a pattern among the country's politicians of shifting assets to relatives.

U.S. activists helped migrants in Mexico during border clash

Jan 04 2019

(This January 3 story is refiled to correct reference activists in paragraphs four and 20, making clear some from outside the Border Support Network.)

America Movil fined $128 million by Mexican telecoms regulator

Dec 21 2018

MEXICO CITY America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Thursday that it had been fined nearly $128 million by the country's telecoms regulator, a decision it vowed to fight.

Uber begins accepting cash in Mexico City, tapping key market

Nov 01 2018

MEXICO CITY Uber Technologies Inc said on Thursday that it would begin accepting cash fares in Mexico City, seizing on a recent Supreme Court decision, though local government has yet to approve the form of payment.

Mexican broadcaster TV Azteca resolves loan dispute with American Tower

Oct 23 2018

MEXICO CITY, Oct 23 Mexican broadcaster TV Azteca said on Tuesday it had paid American Tower Corp what it owed for a roughly $92 million loan plus interest, resolving a dispute that had clouded the company's credit profile.

Mexican top court rejects ban on cash fares for ride-hailing firms

Oct 16 2018

MEXICO CITY The Mexican Supreme Court on Tuesday struck down a ban on cash fares for ride-hailing firms, setting a key precedent for Uber and other industry players seeking to reach millions of Mexicans without credit cards.

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