MEXICO CITY (Reuters) – Cargo airlines operating out of Mexico’s busiest airport will have until July to leave the hub, a decree published in the country’s national gazette Thursday[...]
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Central America
Investor Ryan Cohen takes stake in Nordstrom – WSJ
(Reuters) – Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the department-store chain to make changes to its board after a decline in share prices,[...]
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Santander books record 9.6 billion euro profit for 2022 on lending income
By Jesús Aguado MADRID (Reuters) – A solid rise in revenues and lending income allowed Spain’s Santander to post an 18% jump in profit to a record 9.6 billion euros in 2022, offsetting hig[...]
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Exclusive-Grupo Mexico clears major Citi deal hurdle with $5 billion debt package -sources
By David French and Andres Gonzalez (Reuters) – Grupo Mexico, the conglomerate controlled by billionaire German Larrea, has secured a $5 billion debt package for its proposed acquisition of Citi[...]
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Tesla considering plant near Mexico City’s new airport, Mexican official says
By Diego Oré MEXICO CITY (Reuters) – Electric carmaker Tesla Inc is considering setting up an assembly plant near a new Mexico City airport, which would serve as an export hub for the firm, Mexi[...]
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Stellantis focused on ethanol hybrid vehicles in South America, executive says
SAO PAULO (Reuters) -Stellantis NV expects to have in place by the end of this year the technologies needed for it to develop ethanol hybrid vehicles in Brazil, the head of the carmaker in South Ameri[...]
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Pace of Mexican economic growth likely slowed in fourth quarter: Reuters poll
MEXICO CITY (Reuters) – Mexico’s economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in the United States, a Reuters poll sho[...]
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Brazil’s economy to stay weak amid doubts over Lula’s spending push: Reuters poll
By Gabriel Burin and Valentine Hilaire BUENOS AIRES/MEXICO CITY (Reuters) – Brazil’s slowing economy will likely remain weak in 2023 as a planned spending drive by newly-elected President[...]
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Mexico headline inflation seen flat in early January, core inflation to slow
MEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have remained steady during the first half of January while core inflation is seen slowing, a Reuters poll showed on Mond[...]
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