United States


Mexico regulator wants minority stake floated in state oil firm Pemex


LONDON The head of Mexico's National Hydrocarbons Commission (CNH) urged the government on Wednesday to float a minority stake in national oil and gas firm Pemex on the Mexican stock exchange.

Record-size U.S. offshore oil lease sale draws modest bidding

The largest lease sale in American history in the offshore Gulf of Mexico yielded $124.76 million dollars in winning bids from drillers on Wednesday, a modest response to the Trump administration's effort to pump up investment in the region.

12:52pm EDT

U.S. ties 'super important' says Mexican leftist's pick to lead NAFTA talks

MEXICO CITY A former World Trade Organization economist picked to lead NAFTA negotiations by the front-runner in the race for Mexico's presidency told Reuters on Tuesday that modernizing parts of the pact should be possible while stressing the importance of relations with the United States.

6:01am EDT

America Movil plans up to 3 billion pesos in share buybacks

MEXICO CITY Mexican billionaire Carlos Slim's America Movil said on Tuesday it plans to ask shareholders at an April meeting to approve up to 3 billion pesos ($160.56 million) in share buybacks between April 2018 and April 2019.

Mar 20 2018

BP to drill first deepwater oil well in Mexican block in 2020

MEXICO CITY British oil major BP will drill its first deepwater exploration well at a block it operates in the southern Gulf of Mexico during the third quarter of 2020, according to a plan approved Tuesday by Mexican oil regulator CNH.

Mar 20 2018

Mexican leftist candidate taps ex-WTO economist as NAFTA negotiator

MEXICO CITY Mexican leftist presidential front-runner Andres Manuel Lopez Obrador said on Tuesday that if he wins office former World Trade Organization economist Jesus Seade would lead NAFTA negotiations with the United States and Canada.

Mar 20 2018

Mexican leftist's 'big tent' pitch puts presidency in sight

MEXICO CITY After years of denouncing his political opponents in Mexico as stooges of a corrupt "mafia," leftist leader Andres Manuel Lopez Obrador has extended his hand to them in a bid to make it third time lucky in the July 1 presidential election.

Mar 20 2018

Spanish businessman killed in Mexico City, woman shot in central mall

MEXICO CITY A 75-year-old Spanish businessman has died after being shot in the head in Mexico City, while a separate shooting in an upscale shopping mall on Monday led to the death of a young woman, authorities said.

Mar 20 2018

How China's ride-hailing giant Didi plans to challenge Uber in Mexico

MEXICO CITY/SAN FRANCISCO Working quietly from a shared office space in one of Mexico City's trendiest neighborhoods, China's ride-hailing giant Didi Chuxing is planning to hit its archrival Uber where it hurts. | Video

Mar 19 2018

Mexico leftist says he would try to halt energy auctions if president-elect

MEXICO CITY Mexico's leftist presidential front-runner said on Sunday that if he wins the July election, he will ask President Enrique Pena Nieto to stop at least two energy auctions scheduled to take place before the new president takes office.

Mar 18 2018

Mexican election front-runner offers referendums, could end term early

MEXICO CITY Mexican presidential front-runner Andres Manuel Lopez Obrador said on Friday he will hold a referendum on his performance every two years if he wins election in July, and would cut his six-year term short if he loses the consultation.

Mar 17 2018

Only ex-first lady meets rules to be independent candidate in Mexico election: authority

MEXICO CITY Only former Mexican first lady Margarita Zavala has collected enough valid signatures of support to compete in the July 1 presidential election as an independent, the country's National Electoral Institute (INE) said on Friday.

Mar 17 2018

Mexico agriculture minister steps down to join Meade campaign

MEXICO CITY Mexican Agriculture Minister Jose Calzada said on Friday he had stepped down to join the presidential campaign of Institutional Revolutionary Party (PRI) candidate Jose Antonio Meade.

Mar 17 2018

Mexico agrees to extradite former ruling party governor to U.S.

MEXICO CITY Mexico has agreed to extradite a former state governor for the Institutional Revolutionary Party (PRI) wanted on money laundering charges in the United States, the foreign ministry said on Friday.

Mar 16 2018

Mexico lower house names anti-graft auditor in criticized process

MEXICO CITY In a widely criticized selection process, Mexico's lower house of Congress on Thursday picked David Rogelio Colmenares, an economist, to head the Federal Audit Office (ASF), a key position in the battle against political corruption.

Mar 15 2018

Mexican minister ramps up pressure for speedy NAFTA deal

SAO PAULO Mexico's economy minister on Thursday urged officials to push for a speedy renegotiation of the North American Free Trade Agreement (NAFTA), saying his country and Canada must be ready to go it alone if the United States pulls out.

Mar 15 2018

Mexican opposition vows continuity on NAFTA team, lauds minister

MEXICO CITY A top official from the opposition party leading the race to win the Mexican presidency in July said on Thursday the party could keep Mexico's chief NAFTA negotiator and other officials if talks to rework the trade deal extend into the next government.

Mar 15 2018

Mexico's No. 2 presidential candidate calls Trump policies 'crazy'

MEXICO CITY The Mexican presidential candidate running in second place said on Wednesday U.S. President Donald Trump's economic policies were a "crazy" bid to turn back the clock on advancing technologies that will eliminate manufacturing jobs.

Mar 15 2018

U.N. accuses Mexico of torture, cover-up in case of 43 missing students

GENEVA The U.N. human rights office said in a report on Thursday that Mexican authorities had tortured dozens of people in connection with an investigation into the 2014 disappearance of 43 students, and called for a full inquiry.

Mar 15 2018

Calls for probe of Mexico state pension fund investment after Reuters report

MEXICO CITY The head of a Mexican congressional committee on Tuesday called for an investigation of an investment by state workers' pension fund PensionIssste, after Reuters reported it spent millions on shares in a company spiraling toward bankruptcy.

Mar 14 2018