Latest Mexico City News
RSS-
Mexicos tourism sector goes up
Economic activity associated with tourism grew 4 percent in 2012 compared with the year before, Mexico's INEGI statistics service said. Spending by foreign and domestic tourists increased by 4.7 percent last year. In the fourth quarter of 2012, tourism activity topped the same period in 2011 by 4 percent, INEGI said Monday. By segments, spending by domestic tourists rose 4.8 percent, while ...
-
Former Texas Marine kidnapped in Mexico
Armando Torres, 27 A former Marine from Texas who served for seven years has been kidnapped by armed men in Mexico, his family said.Armando Torres, 27, crossed the Los Indios Bridge in Brownsville, Texas on Tuesday night to visit his dad and was supposed to return Wednesday morning.Torres' uncle, Eduardo Torres, says he's worried and claims he and two other family members from Mexico ...
-
More Idaho wheat sold for feed exports to Mexico drop
SEAN ELLIS Capital PressBOISE -- After increasing significantly in 2012, Idaho wheat exports to Mexico dropped considerably during the first quarter of 2013. The drop was caused by very high corn prices last year that resulted in a lot of Idaho wheat being sent through feed channels, according to industry experts. "Because of the price of corn, we had millions of bushels of wheat go to ...
More Mexico City News
RSS-
New Mexico setting new records with drought
WEST VALLEY CITY, Utah (AP) -- Newly released police records show that Utah officials believe Josh Powell likely killed his wife and that his brother, Michael Powell, helped dispose of the body, but authorities felt they didn't have enough evidence to prove that theory in ...
-
Aeromexico announces the addition of Embraer 175 planes to its fleet
MEXICO CITY, May 21, 2013 /PRNewswire/ --Aeromexico, Mexico's global airline, is announcing the addition of three Embraer 175 planes to its fleet, making it the first national airline in the country to operate this modern aircraft. ...
-
B.C. relatives fear for man kidnapped in Mexico along with his business partner
The frantic family of a missing B.C. man feared kidnapped in Mexico is praying for his safe return.Diego Hernandez, 22, disappeared in Puerto Vallarta on May 8 along with his American business partner, Craig Silva, 31.Three days before the pair disappeared, Hernandez, a mixed martial arts instructor, had mounted a successful, high-profile MMA event."It was a very exciting time for ...
-
Mexico Opposition Dispute Threatens Reforms
A dramatic rupture in Mexico's main opposition political party has aired the group's dirty laundry and also could trip up President Enrique Pena Nieto's ambitious agenda of reform. The political fireworks riveted Mexicans on Monday, dominating airwaves ...
-
Mexicos Antitrust Authority Endorses Financial Reform Proposal
Mexico's antitrust authority recommended Tuesday that Congress approve the government's proposed financial reform in an "expedited manner," as it sees the proposal benefiting consumers.The measure, drafted by a multiparty effort known as the Pact for Mexico and presented this month by President Enrique Pena Nieto, offers greater protection for consumers of financial service ...
-
Canadian man missing in Mexico previously charged with drug offences
5/21/2013 A Canadian man missing in Mexico had a troubled past. Diego Hernandez recently faced drug charges on Vancouver Island. Three years ago, the 22-year-old was arrested in Saanich and charged with possession for the purpose of trafficking. His trial was slated to start last October, but court officials in Victoria cannot yet be reached to confirm details of the outcome. Police say ...
-
EMERGING MARKETS-Mexicos stocks near 8-month low Brazil index dips
By Danielle Assalve SAO PAULO, May 21 (Reuters) - Mexico's benchmark stock index sold off for a second consecutive session on Tuesday, on track to close at its worst level in nearly eight months, while Brazilian stocks slipped as investors cautiously awaited guidance on the future of U.S. monetary stimulus. Investors unloaded Mexican shares following weaker-than-expected growth data last ...
-
Mexico Now A Latin American Leader In Tech Services
Aired 5/15/13 In the last decade Mexico's tech industry has flourished, growing three times faster than the global average. Most of that growth is fueled by demand from the United States. But without certain reforms Mexico's progress can only go so ...
-
UPDATE 1-Philip Morris to pay $700 mln to buy out Carlos Slim in Mexico
Tue May 21, 2013 10:49am EDT May 21 (Reuters) - Tobacco company Philip Morris International Inc said it would buy out its Mexican joint venture partner controlled by billionaire Carlos Slim, for about $700 million. The Marlboro maker said it expects the deal to marginally add to earnings per share in the fourth quarter. Slim's industrial and retail conglomerate Grupo Carso had been selling ...
-
Halliburton sees Mexicos Pemex reducing activity for 2013
May 21 (Reuters) - Halliburton Co, the world's second-largest oilfield services company, said on Tuesday that Mexican state oil company Pemex was delaying any significant activity at its Burgos and Chicontepec projects until next year. Chief Financial Officer Mark McCollum said Halliburton's Latin American margins would be weighed down this year by the reduction in activity at the ...
-
Mexicos Femsa shares sink after Credit Suisse cuts view
MEXICO CITY | Tue May 21, 2013 9:53am EDT MEXICO CITY May 21 (Reuters) - Shares in Mexican bottling and retail company Femsa fell more than 4 percent to 134.34 pesos on Tuesday after Swiss bank Credit Suisse cut its view to underperform. The bank on Monday night raised its price target for Femsa, which jointly owns Latin America's largest Coke bottler Coca-Cola Femsa with The ...
-
Mexico is Back in the Game
SAN DIEGO-After years of economic and social crises, Mexico has regained lost ground and has found stability, creating a space for investment and development opportunities from across the border, said panelists at ...
-
Research and Markets Agrochemicals and Pesticides Market in Mexico Business Report 2013
"Agrochemicals and Pesticides Market in Mexico: Business Report 2013" report to their offering. Agrochemicals and Pesticides Market in Mexico: Business Report 2013 provides a complete overview of current market state issued in a comprehensive and easily accessed format. The report includes detailed analyses of agrochemicals and pesticides market in Mexico, information on ...
-
Cathie Anderson Fungus killing coffee plantations in Mexico Central America
Coffee lovers probably won't hear much about la roya in the United States, but this fungal disease is decimating thousands of coffee farms across Mexico and Central America.Pete Rogers isn't the average American coffee lover. He travels to Guatemala, Nicaragua, Costa Rica, Panama and other exotic locales to find and purchase green coffee beans for his family's company, Rogers ...
-
Big jump in HIV among Navajo in New Mexico
A Navajo reservation near Gallup, N.M., had a 20 percent increase in HIV diagnoses in 2012 from 2011, a doctor says. Dr. Jonathan Iralu, an infectious disease specialist who runs an HIV clinic in Gallup, said he compiled the report for the federal Indian Health Service because he used to treat a small number of Navajo men with human immunodeficiency virus each year. However, the 47 new cases ...
-
Mexico prohibits multiple soccer teams ownership
MEXICO CITY — The owners of the 18 Mexican first-division soccer clubs voted Monday to bar one person or one company from owning more than one team. The vote was an apparent move to stop tycoon Carlos Slim from expanding his growing influence in Mexican soccer. Mexico's largest broadcasters, Televisa and TV Azteca, have in the past owned multiple first-division teams but the issue ...
-
Mexico’s 400000 Abandoned Homes Draw Venture Capital
Mexico's attempt to solve the country's housing shortage by constructing millions of new homes far from city centers has crippled the ...
-
Mexico adopts five-year plan for social economic development
Mexican President Enrique Pena Nieto on Monday presented a five-year plan, aimed at combating violence and improving administration."Mexico has the historic opportunity to launch a national transformation," Pena Nieto said at an event to announce the plan, adding that for the first time, the government has devised a development plan that includes the periodic evaluation of its ...
-
Mexico calls on stars for exhibition against Nigeria
Manchester United forward Javier "El Chicharito" Hernandez, Mallorca midfielder Giovani Dos Santos and Valencia midfielder Andres Guardado highlight the Mexican national team roster that has been called in for the match against Nigeria on May 31 at Reliant Stadium. As promised, coach Jose Manuel "Chepo" De La Torre will use Mexico's A squad in preparation for three ...
-
Mexico buys 9 more LNG cargos from BP Trafigura
MEXICO CITY, May 20 (Reuters) - Mexico's state electricity company CFE announced on Monday the purchase of nine shipments of liquefied natural gas (LNG) for delivery through 2014 from British oil firm BP ...
-
Grandson of Malcolm X killed in Mexico
US civil rights activist Malcolm X (1925-1965) speaks during a rally in Washington, circa 1963. Malcolm X was later assassinated. Malcolm Shabazz, his grandson, was killed Thursday, May 9, in ...
-
RedMas opening offices in Chile and Mexico
RedMas, the digital advertising arm of the Cisneros Group, has opened offices in Chile and Mexico, the company announced Monday.The new offices are part of a $2 million expansion plan that soon will have RedMas offices in Brazil and Colombia. The offices join a network of subsidiaries that include offices in Argentina, Peru and Venezuela, along with the Miami office in the United States. The ...
Mexico City Feature Story
-
Mexico City launches eco-friendly and cash friendly project
Mexico City has joined a global movement that has taken many major city municipalities by storm in recent years, the eco-friendly movement of bicycle-sharing. The city joins the ranks of Montreal, Paris, Barcelona and many other major cities across Europe and the world, such as Beijing in China and Melbourne in Australia. The scheme, once rolled out in its entirety, is expected to play a part in relieving some of the burden on Mexico City’s streets.
Mexico City, the largest and richest city in Mexico, is also one of the worst for traffic jams. A recent study by IMB, the IMB Commuter Pain Study, found Mexico City and Beijing to be the two worst cities in the entire world for traffic jams, ours are among the longest and most frequent with the city getting a score of 99 out of 100 on the commuter pain index, this compared to Stockholm, which scored 15. Read more
News from around our Network
