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Criminal gangs kill 11 in Mexico's Veracruz state

MEXICO CITY Eleven people were killed in Mexico's Veracruz state by criminal gangs on Saturday, including four children and the head of the state's federal police and two other federal police officers, Governor Miguel Angel Yunes said.

Pemex may import over 3.5 million barrels of gasoline after fire

MEXICO CITY Mexico's Pemex could import additional 10 shipments of gasoline in the coming weeks for a total of more than 3.5 million barrels, the state-run oil company said in a statement.

Jun 23 2017

Leveraging big data, Mercado Libre offers loans in Brazil and Mexico

MEXICO CITY Argentine online marketplace Mercado Libre Inc plans to provide working-capital loans to entrepreneurs in Brazil and Mexico this year, expanding on a program the company launched in its homeland last month.

Jun 23 2017

Ford's China move casts new cloud on Mexican carmaking

MEXICO CITY A second U-turn this year by Ford Motor Co in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. President Donald Trump to saddle it with punitive tariffs.

Jun 23 2017

Mexico retail sales rise for second time in three months

MEXICO CITY Mexican retail sales rose for the second time in three months in April, official data showed on Friday, pointing to continued support for Latin America's second biggest economy from private consumption.

Jun 23 2017

Mexico central bank hikes interest rate, hints it's done

MEXICO CITY Mexico's central bank board made a divided decision to raise interest rates on Thursday and policymakers suggested that they may have raised borrowing costs enough to contain a spike in inflation.

Jun 22 2017

Mexico president calls for probe into alleged government spying

MEXICO CITY Mexican President Enrique Pena Nieto asked the attorney general's office on Thursday to investigate charges the government spied on private citizens, saying he wanted to get to the bottom of the accusations that he called "false."

Jun 22 2017

Mexico central bank seen raising rates, maybe for last time this year

MEXICO CITY Mexico's central bank is likely to raise interest rates on Thursday, in what the market is betting could be its last hike this year, to contain a spike in inflation and following the U.S. Federal Reserve's move to increase borrowing costs.

Jun 22 2017

Mexican inflation at highest in more than eight years in June

MEXICO CITY Mexico's annual inflation rate rose faster than expected in early June to its highest in more than eight years, reinforcing expectations for another interest rate hike by the central bank on Thursday.

Jun 22 2017

OAS nations wind up empty handed on Venezuela condemnation

CANCUN, Mexico The Organization of American States failed on Wednesday to issue a formal declaration condemning Venezuela's government for its handling of the political and economic crisis in the South American country, despite a last-minute push by Mexico and the United States.

Jun 21 2017

Mexico's Supreme Court rules in spat related to telecom reform

MEXICO CITY Mexico's Supreme Court ruled on Wednesday in a spat over interconnection rates paid between telecommunications firm America Movil and rivals that touches on a bigger case related to an antitrust reform the company is fighting.

Jun 21 2017

Murder investigations in Mexico hit record high in May

MEXICO CITY The number of murder investigations in Mexico rose to a record high in May, official data showed, as criminal violence increased dramatically since last year.

Jun 21 2017

Mexico's finance minister says agrees with market expectations on rate hikes: Bloomberg

MEXICO CITY Mexico's Finance Minister said he agrees with broad market expectations that the central bank will raise interest rates "a couple" more times in 2017 and could begin cutting rates by year end, U.S. news agency Bloomberg reported on Wednesday.

Jun 21 2017

Canada 'waiting and seeing' on farm issues ahead of NAFTA talks

WINNIPEG, Manitoba Canada will not publicly complain about agriculture trade irritants with the United States, ahead of North American trade negotiations, Canadian Agriculture Minister Lawrence MacAulay said on Wednesday.

Jun 21 2017

'You want war?' Venezuela spars with rivals at OAS meeting

CANCUN, Mexico Governments from across the Americas chastised Venezuela's socialist leadership on Tuesday for its handling of a political and economic crisis, prompting the OPEC nation's foreign minister to call the critics "lapdogs of imperialism."

Jun 20 2017

Venezuelan foreign minister threatens never to return to OAS

CANCUN, Mexico Venezuelan Foreign Minister Delcy Rodriguez said on Tuesday her government would never go back to the Organization of American States, but then left the door open to participating in further meetings.

Jun 20 2017

FIFA warns Mexico over 'insulting' chants at Confederations Cup in Russia

MOSCOW World soccer governing body FIFA said on Tuesday it had warned Mexico over what it said were "insulting and discriminatory" chants during their first Confederations Cup match in Russia.

Jun 20 2017

Mexico to slow pace of budget cuts in 2018 -finance minister

MEXICO CITY Mexico's government should slow the pace of its budget cuts next year and it will not likely see a surplus from the central bank due to the recovery in the peso currency, the country's finance minister said on Tuesday.

Jun 20 2017

Ford Mexico sees no immediate impact on jobs after China Focus announcement

MEXICO CITY Ford Motor Co said on Tuesday it expects no immediate impact on employment levels due to the carmaker's announcement it would be exporting its next-generation Focus compact car from China to North America in 2019, rather than Mexico.

Jun 20 2017

Ministers at OAS meeting fail to agree on Venezuela resolution

CANCUN, Mexico Foreign ministers from across the Americas failed to reach agreement at a meeting on Monday on a resolution criticizing the government of Venezuela, which saw more violent protests in its capital as the discussions deadlocked in Mexico.

Jun 19 2017
Photo

Syria's more confident Assad gives Eid prayers in Hama

BEIRUT Syrian President Bashar al-Assad delivered prayers for Islam's Eid al-Fitr holiday in Hama on Sunday, the furthest he has traveled inside Syria in years, showing his growing confidence.

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