Mexico City :: Mexico
| updated Wed Nov 25 05:21:02 -0800 2009
| business-news
Stock index futures rose on Wednesday, as the dollar fell and investors awaited data that could offer insight into how firmly a recovery is taking hold. With five closely watched indicators on tap, investors will have plenty of numbers to...
Mexico City :: Mexico
| updated Tue Nov 24 07:46:50 -0800 2009
| business-news
A major ratings company lowered its rating on Mexico's debt Monday, in another blow for a country pummeled by falling oil production, a recession and drug violence. Fitch Ratings lowered its Mexico rating one level to BBB, two notches above...
Mexico City :: Mexico
| updated Sat Nov 21 00:12:57 -0800 2009
| business-news
If so, it would be the capital region's first annual gain after more than four years of declines. Santa Ana-based First American CoreLogic made the prediction for the Sacramento-Arden Arcade-Roseville metropolitan statistical area in an analysis of U.S. home prices....
Mexico City :: Mexico
| updated Fri Nov 20 14:43:59 -0800 2009
| business-news
Rising oil prices and increased exports slowly dragged Mexico's economy out of a severe recession, but the nation's financial system still confronts fundamental challenges, national leaders and experts said. “We are expecting in 2010 the Mexican economy will grow by...
Mexico City :: Mexico
| updated Tue Nov 10 19:29:55 -0800 2009
| business-news
Crude prices retreated on Tuesday as hurricane Ida weakened into a tropical storm and the U.S. dollar gained strength. Light, sweet crude for December delivery gave up 38 cents to settle at 79.05 dollars a barrel on the New York...
Mexico City :: Mexico
| updated Mon Oct 12 00:21:44 -0700 2009
| business-news
Federal police seized the offices of Luz y Fuerza del Centro. Spending at the company was increasingly outpacing sales, according to the government. The firm faced an "unsustainable financial situation", President Felipe Calderon said. Mexico is trying to cut public...
Mexico City :: Mexico
| updated Tue Nov 03 07:40:12 -0800 2009
| business-news
U.S. markets swung higher Monday morning with a rise in blue-chip stocks after Ford Motor Co. posted a $997 million profit in the third quarter...Automobiles, as a group, rose 6.68 percent early, while business lender CIT Group dropped 24 percent...
Mexico City :: Mexico
| updated Fri Oct 02 13:24:49 -0700 2009
| business-news
Although the talks, likely to value Femsa’s beer unit at between $7.5 billion (£4.7 billion) and S9 billion, are said to be preliminary, the Mexican families that control the company are known to have been considering their position since last...
Mexico City :: Mexico
| updated Thu Oct 29 12:29:20 -0700 2009
| business-news
U.S. stocks rallied on Thursday following four losing sessions as data showed the U.S. economy grew faster than expected in the third quarter after more than a year of contraction. Quarterly profits at consumer product giants Procter & Gamble Co...
Mexico City :: Mexico
| updated Fri Oct 09 18:18:41 -0700 2009
| business-news
Nearly 50 million people now use prepaid phone plans, and the number is growing. Big companies such as AT&T, T-Mobile, and Sprint have new plans, as do smaller companies. Some are pay-as-you-go and others are like regular plans, but without...
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