MEXICO CITY (Reuters) -Tesla will open a gigafactory in Mexico, Chief Executive Elon Musk said on Wednesday, as the electric vehicle behemoth pushes to expand its global output. Mexico on Tuesday said[...]
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Central America
Bank of Mexico says inflation taking longer than expected to descend
MEXICO CITY (Reuters) – The Bank of Mexico said on Wednesday that inflation is taking longer than initially anticipated to return to its target, in large part due to the persistence of core infl[...]
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DHL to boost Mexican investment after cargo flights move
By Kylie Madry SANTA LUCIA, Mexico (Reuters) – Logistics giant DHL will double its planned investment in Mexico through 2024, executives said on Tuesday, as it shifts cargo flights from the capi[...]
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Mexico, Tesla near deal on investment after president’s phone call -sources
MEXICO CITY (Reuters) -Mexico and Tesla Inc are close to announcing a deal on the electric vehicle maker’s plans to invest in Mexico after President Andres Manuel Lopez Obrador and Tesla Chief E[...]
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Yellen says U.S. inflation fight ‘not a straight line’ after price rise data
By David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight aga[...]
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European thirst for tequila aggravates agave crunch
By Richa Naidu and Valentine Hilaire LONDON/MEXICO CITY (Reuters) – He can’t pour tequila fast enough. Premium shots. Margaritas. Palomas. The occasional sunrise. “We definitely run[...]
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Santander boss Botin expected to extol Europe, payout to sway investors
By Jesús Aguado MADRID (Reuters) – Santander Chairman Ana Botin is expected to signal bigger payouts to the bank’s shareholders in a strategy update next week bolstered by an improving out[...]
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After Aeromar’s grounding, Mexico’s aviation workers see turbulent horizon
By Kylie Madry MEXICO CITY (Reuters) – After Mexican regional carrier Aeromar shuttered its operations last week, workers in the country’s aviation sector are bracing for more turbulence a[...]
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Mexico’s Televisa posts Q4 net loss, dragged by TelevisaUnivison, Sky
MEXICO CITY (Reuters) -Grupo Televisa, Mexico’s largest broadcaster, reported on Thursday a net loss in the fourth quarter of 13.75 billion pesos ($705 million), hurt by losses related to Televi[...]
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