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Mexican truckers plan an indefinite strike from Monday, Trump says a tariff deal is near, and two cross-border disputes over crime and labour add pressure. The post The Big Read: Mexico, Sunday 25 October appeared first on The Rio Times.
Mexico's economy grew 3.3% in the year to August and 0.6% on July, both above forecasts, and the third-quarter GDP estimate follows on 30 October. The post Mexico’s Economy Grows 3.3% in August appeared first on The Rio Times.
Mexican stocks fell 1.25% to 69,370 on Thursday after mid-October inflation beat forecasts at 3.62%, cutting hopes of an early Banxico interest rate cut. The post Mexico Stocks Fall 1.25% on Hot Inflation | Mexico Market Report, Oct 22 appeared first on The Rio Times.
Pemex, Mexico's state oil company, says it cut debt by more than US$20 billion and will invest about US$96 billion by 2030. The post Mexico’s Oil Firm Says Debt Fell US$20bn appeared first on The Rio Times.
Mexico's pension regulator gave Afore XXI Banorte 9.4 million accounts holding more than US$6.5 billion that workers have not yet claimed, for six years. The post Banorte Pension Accounts Rise by 9.4 Million appeared first on The Rio Times.
Grupo México profit rose 63% to US$1.97 billion in the third quarter, beating analyst forecasts, while the miner's copper output slipped 1.9%. The post Grupo México Profit Jumps 63% to US$1.97B appeared first on The Rio Times.
Mexico's retail sales rose 1.2% in August from July and 3.3% on the year, beating forecasts. The data lean against a Banxico rate cut. The post Mexico Retail Sales Rise 1.2% in August appeared first on The Rio Times.
Net income rose 7% to about US$1.32 billion as revenue grew 7.6%, but América Móvil fell short of analyst forecasts as Mexico lost prepaid lines. The post América Móvil Profit Up 7% to US$1.3 Billion appeared first on The Rio Times.
The USDA will restart Mexican cattle imports at Columbus, New Mexico, on 26 October and at Nogales, Arizona, on 30 November if safe-trade conditions hold. The post Mexican Cattle Imports Resume Oct 26 appeared first on The Rio Times.
Nexa Resources fell 2.69% to US$12.31 on Tuesday while Buenaventura rose 0.33%. What it means for zinc miners in Peru, Brazil and Mexico. The post Zinc Miner Nexa Falls 2.69% as Buenaventura Edges Up | Zinc, Oct 20 appeared first on The Rio Times.
Mexico's IPC rose 0.36% to 69,258.58 on Tuesday, its fourth straight gain, as airport operators GAP and ASUR surged. The peso held near 18.42 per dollar. The post Mexico Stocks Rise 0.36% as Airports Surge | Mexico Market Report, Oct 20 appeared first on The Rio Times.
Mexico's CFE is expected to vote on 20 October on more than 60 solar and wind projects worth about US$12.5 billion, but the figures are not yet confirmed. The post Mexico Eyes US$12.5B Solar and Wind Plan appeared first on The Rio Times.
Mexico's Economy Ministry says only 11 carmakers with Mexican plants can use the zero-tariff waiver on car parts, in force since 14 October for five years. The post Mexico Limits Car Parts Tariff Waiver to 11 appeared first on The Rio Times.
The US Transportation Department revoked its 2025 order on Friday 16 October, so Mexican airlines can seek new US routes from Mexico City's two airports. The post US Lifts Limits on Mexican Airlines 16 Oct appeared first on The Rio Times.
Economy Secretary Marcelo Ebrard expects US tariff cuts on steel and cars in weeks or months, but named no deal, date or steel rate on 16 October. The post Mexico Expects US Tariff Cuts, Seeks 15% Cap appeared first on The Rio Times.
Mexico's factory output rose 1.7% in August from July and 4.1% from a year earlier, INEGI said on Friday, 16 October, while factory jobs fell. The post Mexico Factory Output Rises 1.7% in August appeared first on The Rio Times.
HR Ratings lowered Mexico's state oil company Pemex one notch to HR BBB on 15 October, tying its debt to the government's weaker credit standing. The post Pemex Rating Cut Follows Mexico’s Downgrade appeared first on The Rio Times.
Mexico exports are forecast to jump 26% to about US$835 billion this year, led by AI-related electronics, as a US trade review looms. The post Mexico Exports to Jump 26%, UN Body Says appeared first on The Rio Times.
Mexico’s IPC rose 1.31% to 67,663.29 on Thursday 15 October, the highest close since 18 June, as the peso strengthened 0.43% to 18.41 per US dollar. The post Mexico Stocks Rise 1.31% as Cemex Gains 5.1% | Mexico Market Report, Oct 15 appeared first on The Rio Times.
Mexico's lower house passed the US$576 billion 2027 revenue law early on 15 October, capping net domestic borrowing at US$92 billion. The post Mexico Deputies Pass US$576B Revenue Law appeared first on The Rio Times.
US auto tariffs do not fall only on foreign manufacturers; they tax a single production system spanning Michigan, Ontario and Mexico, raising costs for all. The post Auto Tariffs Hit North America Supply Chain appeared first on The Rio Times.
Mexico's lower house has passed a 2027 tax reform that caps deductions for large companies, including many US-owned subsidiaries, and sent it to the Senate. The post Mexico Tax Reform on Big Firms Clears House appeared first on The Rio Times.
AT&T is selling its Mexican wireless business to a 50-50 venture of Grupo Televisa and Fintech Holdings for US$2 billion, with regulatory approval still needed. The post AT&T Mexico Sale Fetches US$2 Billion appeared first on The Rio Times.
Mexico's 10% tariff on car assembly parts is gone for five years from 14 October, a bid to build more cars at home while most finished Chinese cars pay 50%. The post Mexico Waives Tariff on Car Assembly Parts appeared first on The Rio Times.
Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the growing US trade deficit with its southern neighbor in order to ink a bilateral deal, primarily by buying more American goods.
Mexico’s S&P/BMV IPC rose 1.06% to 66,746.78 on Monday 12 October as the peso gained about 0.8% to 18.26 per US dollar and industrial output beat forecasts. The post IPC Gains 1.06% to 66,746.78 as Peso Firms | Mexico Market Report, Oct 12 appeared first on The Rio Times.
Mexico's Economy Ministry imposed a provisional US$68.60 anti-dumping duty on each adult bicycle from China, effective Tuesday 13 October for six months. The post Mexico Sets US$68.60 Duty on Chinese Bicycles appeared first on The Rio Times.