Wealth Growth Daily

Central America

Panama minister trusts contract with First Quantum will get green light

BY Reuters  • March 10, 2023March 10, 2023
By Valentine Hilaire (Reuters) – Panama’s trade minister said Friday he trusts the remaining Panamanian authorities will approve the text of a deal reached with Canada’s First Quantu[...]
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Business Canada Central America Economy Latin America

Exclusive-Mexico’s Pemex, ‘punished’ by markets, weighs how to pay heavy debt

BY Reuters  • March 8, 2023March 8, 2023
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s heavily-indebted state oil company Pemex will seek to avoid pricy capital markets even as it faces billions in maturing debts this y[...]
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Business Central America Economy Latin America Politics

Explainer-What is the US-Mexico GM corn dispute about?

BY Reuters  • March 8, 2023March 8, 2023
By Cassandra Garrison (Reuters) – The U.S. has requested formal trade consultations with Mexico over the Latin American country’s plans to restrict imports of genetically modified corn. Th[...]
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Business Central America Economy Environment Europe Health Latin America Politics US

Factbox-Hold or hike? Latin American central banks’ wield rates to battle rising prices

BY Reuters  • March 7, 2023March 7, 2023
MEXICO CITY (Reuters) – A stubborn surge of inflation has caused central banks worldwide to adapt monetary policy to protect people and businesses from price increases, with many raising interes[...]
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Business Central America Economy Latin America

Tesla could begin producing autos in Mexico next year -Mexican official

BY Reuters  • March 6, 2023March 7, 2023
MEXICO CITY (Reuters) – Tesla Inc could begin producing its first cars in Mexico next year, with the electric vehicle maker close to receiving its final permits allowing factory construction to[...]
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Business Central America Economy Latin America Technology US

Mexico can’t match U.S. incentives for proposed Tesla battery plant, minister says

BY Reuters  • March 4, 2023March 4, 2023
MEXICO CITY (Reuters) – Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico’s finance min[...]
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Business Central America Economy Latin America

Nissan and Mexican workers agree to 9% raise at Morelos plant, union says

BY Reuters  • March 3, 2023March 4, 2023
MEXICO CITY (Reuters) – Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with the Japanese carmaker to hike pay 9% as of Apr[...]
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Asia Business Central America Economy Latin America

China’s reopening set to help EMFX get back on track: Reuters poll

BY Reuters  • March 3, 2023March 3, 2023
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – China’s reopening is set to boost emerging market currencies against the U.S. dollar over the next six months, primarily[...]
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Africa Asia Business Central America Economy Europe Latin America Middle East US

Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps

BY Reuters  • March 2, 2023March 2, 2023
By Hyunjoo Jin, Joseph White and Akash Sriram SAN FRANCISCO (Reuters) -Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executi[...]
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Asia Business Central America Economy Latin America Technology Updated US
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