Mexico Business News

Mexico – The Zetas, Mexico's notoriously brutal group of paramilitary thugs, are expanding their role as bully businessmen along the Texas-Mexico border, branching out from traditional criminal enterprises such as extortion and drug trafficking and buying legitimate businesses, U.S. and...

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...

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...

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...

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...

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...

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...

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...