Saturday 27 August 2016
 
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Mexico

Mexico-US air transport deal begins

An air transport deal between Mexico and the United States that aims to boost competition in the passenger and freight sectors came into force on Sunday, Mexico's Communications and Transport Ministry said. The deal, which mod

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IMF expands Mexico credit line to $88bn

The International Monetary Fund on Friday boosted its flexible credit line with Mexico to $88 billion in a bid to support Latin America's No. 2 economy, whose currency has been battered by global volatility. The fund said it c

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UAE, Mexico aim to strengthen agriculture, trade ties

A top ministry official from the UAE recently met with a senior Mexican ministry member to explore and discuss possible agreements between the two countries, particularly in the sectors of trade and agriculture. Eng Mohammed Ahmed

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Three dead in Mexico chemical plant blast

A massive explosion rocked a major petrochemical facility of Mexican national oil company Pemex in the Gulf state of Veracruz on Wednesday, killing at least three people, injuring dozens more, and pumping a cloud of noxious chemicals into the sk

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Ford announces $1.6bn investment in Mexico

Ford Motor Co on Tuesday announced it would invest $1.6 billion to build more small cars in Mexico, starting in 2018, triggering a fresh blast of criticism from Republican front-runner Donald Trump. Following the announcement, Tru

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Ford announces $1.6bn investment in Mexico

Ford Motor Co on Tuesday announced it would invest $1.6 billion to build more small cars in Mexico, starting in 2018, triggering a fresh blast of criticism from Republican front-runner Donald Trump. Following the announcement, Tru

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Mubadala unit, Mexico's Pemex sign cooperation deal

Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Development Company, and Petróleos Mexicanos (Pemex) have signed an agreement, to provide the basis for discussions between the two companies and their affiliates about potential o

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Mubadala unit, Mexico's Pemex sign cooperation deal

Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Development Company, and Petróleos Mexicanos (Pemex) have signed an agreement, to provide the basis for discussions between the two companies and their affiliates about potential o

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Kia completes work on manufacturing plant in Mexico

Kia Motors has announced the completion of construction on its first manufacturing plant in Latin America located in the municipality of Pesquería in the state of Nuevo León, Mexico. With an initial investment of app

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Detroit's Big Three plan to build more small cars in Mexico

Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labour costs, while using higher-paid US workers to build their very profitable trucks, sport u

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