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Sharay Angulo

Top Mexico business lobby seeks to lift private sector investment

14 Jun 2019

MEXICO CITY An influential Mexican business lobby on Thursday said it is aiming to increase private investment in the next two years to 20% of gross domestic product, up from 17.5%, signaling a shift towards better collaboration with the leftist president.

UPDATE 1-Mexico must boost Pemex creditworthiness -central bank chief

12 Jun 2019

MEXICO CITY, June 12 Mexico should reinforce Pemex's creditworthiness after recent downgrades given the state oil company's importance for the economy, public finances and the financial system, Central Bank Governor Alejandro Diaz de Leon said on Wednesday.

Mexico central bank chief flags concern over ratings setbacks

11 Jun 2019

MEXICO CITY Mexico's government must address concerns flagged by rating agencies over the sustainability of the country's finances following debt downgrades last week, Mexican Central Bank Governor Alejandro Diaz de Leon said on Tuesday.

BMW sells cars globally despite tariffs, no reason to change Mexico plans - board member

07 Jun 2019

SAN LUIS POTOSI, Mexico BMW sees no reason to change its plans for Mexico in the wake of U.S. threats to slap duties on Mexican imports, a board member of the German carmaker said on Thursday, adding the company sells cars globally despite tariffs placed by most countries on imported vehicles. | Video

BMW sells cars globally despite tariffs, no reason to change Mexico plans: board member

07 Jun 2019

SAN LUIS POTOSI, Mexico BMW sees no reason to change its plans for Mexico in the wake of U.S. threats to slap duties on Mexican imports, a board member of the German carmaker said on Thursday, adding the company sells cars globally despite tariffs placed by most countries on imported vehicles. | Video

BMW sells cars globally despite tariffs, no reason to change Mexico plans - executive

06 Jun 2019

SAN LUIS POTOSI, Mexico, June 6 BMW sells cars around the world even though most countries impose tariffs on imported vehicles, a board member of the German carmaker said on Thursday, in the wake of threats by U.S. President Donald Trump to slap duties on imports from Mexico.

Mexico and U.S. gear up for tariff talks as Trump doubles down on threat

03 Jun 2019

MEXICO CITY Mexican and U.S. officials were preparing on Sunday for upcoming talks aimed at averting a major trade clash after U.S. President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an intensifying dispute over migration.

Target Trump's base if trade spat worsens, Mexican farm lobby says

01 Jun 2019

MEXICO CITY The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump's Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico's main farm lobby said on Friday.

Target Trump's base if trade spat worsens, Mexican farm lobby says

01 Jun 2019

MEXICO CITY The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump's Republican Party if the trade conflict between the two neighbors worsens, the head of Mexico's main farm lobby said on Friday.

Steelmaker ArcelorMittal frets over future of Mexican tax benefits

24 May 2019

MEXICO CITY Tax incentives in Mexico designed to lure investment to poorer areas should be maintained, the head of ArcelorMittal's Mexican unit said in an interview, despite the new president's suggestion that the policy should not be renewed.

World News

Trump says Iran may have shot down U.S. drone by mistake

U.S. President Donald Trump played down Iran's downing of a U.S. military drone on Thursday, saying he suspected it was shot by mistake and that "it would have made a big difference" to him if the remotely-controlled aircraft had been piloted.