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    1. Pope visit to Mexico basilica highlights Guadalupe influence

      Associated Press via Yahoo! NewsFeb 10 11:24 AM

      MEXICO CITY (AP) — A weathered pastel image of the Virgin of Guadalupe hangs from German Herrera Hernandez's dashboard, watching over his passengers from her perch next to his cigarettes, gum and the handful of coins he uses to make change.

    2. Mexico peso hits record low, analysts blame bondholders

      Reuters via Yahoo! FinanceFeb 09 03:43 PM

      Mexico's peso sank to a record low on Tuesday, pressured by what analysts described as bets against riskier assets in general and a move by investors to hedge big positions in local bonds. The currency pared losses to close at 18.80 per dollar, down 0.8 percent versus Monday, but analysts expect the peso to face further losses ahead amid a rout in emerging market assets. While Mexico is a major...

    3. Mexico's peso fell to a record low on Tuesday and Colombia's peso sank as a sharp drop in oil prices and growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen. ...

    4. In January, Mexico and Central American countries approved a plan for flights to allow the more than 7,000 Cubans trapped in Costa Rica since mid-November when Nicaragua closed its borders to continue on to the United States. Thousands of Cubans have turned to the Central American route to try to reach the United States, spurred by fears that a recent detente between Havana and Washington will ...

    5. FIBRA Macquarie México , owner of one of the largest portfolios of industrial and retail/office property in Mexico, announced it has completed the acquisition of two industrial properties and adjacent land located in Ciudad Juarez, Chihuahua, for a total of US$21.7 million , excluding transaction costs and taxes.

    6. Mexico's America Movil on Tuesday reported a more than five times increase in fourth-quarter net profit from a year earlier, helped by a smaller loss from exchange rate fluctuations. Operating profit fell but its exchange rate loss was 3.1 billion pesos, compared to a 22.8 billion peso loss in the prior year period. Mexico's peso fell less than 2 percent against the dollar in the quarter, while...

    7. Mexico's peso sank to a record low on Tuesday, pressured by what analysts described as bets against riskier assets in general and a move by investors to hedge big positions in local bonds. While Mexico is a major crude producer, its economy is far more dependent on its factory exports. Mexico's peso is among the most liquid global currencies, which often makes it the most convenient asset to bet...

    8. Mexico names new heads of Pemex, health, social security

      Associated Press via Yahoo! NewsFeb 08 04:11 PM

      MEXICO CITY (AP) — A U.S.-educated economist took up the reins of state oil company Petroleos Mexicanos in one of several Cabinet changes announced Monday by President Enrique Pena Nieto.

    9. Mexico’s peso fell to a record low after the government signaled more spending cuts, further damping the outlook for Latin America’s second-biggest economy.

    10. Ford to More Than Double Mexico Production Capacity in 2018

      The Wall Street Journal via Yahoo! FinanceFeb 08 06:49 AM

      Ford Motor Co. will build a new assembly plant in Mexico and sharply increase factory output from that country, representing the latest shift of investment abroad by a Detroit auto maker following the signing of a costly new labor deal. The No. 2 light-vehicle seller in the U.S. plans to add 500,000 units of annual Mexican capacity starting in 2018, more than double what it built in 2015 ...

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