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Mexican News

Grupo Mexico announces Q2 profit jump to near $310m
The Mexican miner said higher metals prices and production from US arm, Asarco, helped push Q2 profits from $239m recorded last year to around $310m for the 2010 period
Thu, 29 Jul 2010 04:10:32 -0400

Police capture drug lieutenant in northern Mexico
A suspected drug cartel lieutenant with a quarter-million-dollar reward on his head was captured in the border state of Chihuahua, where rival gangs are waging a bloody turf war, police said Wednesday...
Thu, 29 Jul 2010 02:42:55 -0400

Four shot dead in Mexico City pizzeria
Three men and a woman were gunned down late Wednesday at a pizzeria in Mexico City, according to authorities who said the shootings bore the hallmarks of an organized crime hit. The victims, betwee...
Thu, 29 Jul 2010 02:38:07 -0400

Mexican billionaire Slim buys townhouse in Manhattan
MEXICO CITY July 28 (Reuters) - A company controlled by Mexican billionaire Carlos Slim has bought a Manhattan townhouse near Central Park and adjacent to the Metropolitan Museum of Art, a spokesma...
Thu, 29 Jul 2010 00:19:59 -0400

Thousands affected by flooding in southern Mexico
Flooding in the Mexican Gulf coast state of Veracruz has forced thousands of people from their homes.The head of the Veracruz civil defense department says 10,000 homes were flooded or partially flood...
Wed, 28 Jul 2010 23:41:04 -0400

DUI fugitive from Corona found in Mexico
RIVERSIDE, Calif. Â— A Corona woman wanted in connection with a drunk driving crash that killed another driver was found in Mexico and has been handed over to authorities in Riverside County. ...
Wed, 28 Jul 2010 21:37:31 -0400

Drug hitmen kidnap four Mexican journalists-report
MEXICO CITY (Reuters) - Suspected drug hitmen have kidnapped four Mexican journalists who were reporting on organized crime in northern Mexico, the latest attempt by cartels to silence the media, a Me...
Wed, 28 Jul 2010 20:38:08 -0400

Mexico builder ICA posts 12 pct drop in net yr-yr
) on Wednesday posted a second-quarter net profit of 252 million pesos ($19 million), down 12 percent from the year-earlier period. ($1 = 12.94 pesos at end June) (Reporting by Noel Randewich)
Wed, 28 Jul 2010 19:48:41 -0400

Mexican Tortillas Show Carstens Can Keep Lending Rate
July 28 (Bloomberg) -- Corn tortillas in northwest Mexico City cost 9 pesos a kilogram (32 cents a pound) last month. Angeles Garcia recorded the same price in her notebook after visiting a bakery in ...
Wed, 28 Jul 2010 16:23:02 -0400

Prosecutor Says Cross-Border Racketeering Case Is Historic For Southern California
A cross-border racketeering case against more than three dozen people is having a ripple affect across the San Diego-Tijuana region. The lead prosecutor says the case is historic for Southern Californ...
Wed, 28 Jul 2010 16:01:14 -0400

Mexico creates board to head off financial crises
MEXICO CITY July 28 (Reuters) - Mexico will create a board to identify dangers to the financial system and head off future crises, Mexican President Felipe Calderon said on Wednesday.
Wed, 28 Jul 2010 15:06:45 -0400

EMERGING MARKETS-Latam stocks slip on US data, profit-taking
SAO PAULO, Brazil, July 28 (Reuters) - Latin American stocks slipped in early trading on Wednesday, after U.S. durable goods orders dropped and a slew of corporate news in Brazil weighed on telecom...
Wed, 28 Jul 2010 15:06:43 -0400

I am not ready to quit Mexico
Mexico captain Rafael Marquez has refuted reports that he is set to retire from international football, revealing that he plans to play for his country for at least two more years and may even continu...
Wed, 28 Jul 2010 14:01:32 -0400

HSBC Downgrades Miner Grupo Mexico To Neutral From Overweight
-(Dow Jones)- HSBC cut its recommendation on shares of Mexican mining and railroads company Grupo Mexico SAB (GMEXICO.MX) to neutral from overweight Wednesday, citing valuation.
Wed, 28 Jul 2010 12:48:50 -0400

Nissan to invest $600m in Mexico plant
(MENAFN) Nissan Motor Co said that it has agreed to spend $600 million to upgrade its plants in Mexico and start making three new low-cost cars there, positioning Mexico as its supply hub for the Amer...
Wed, 28 Jul 2010 07:34:39 -0400

S.A. man accused of trying to smuggle ammo to Mexico
A San Antonio man has been arrested by U.S. Immigration and Customs Enforcement agents on charges of trying to smuggle 20,900 rounds of ammunition from Texas into Mexico. A criminal complaint said Mic...
Wed, 28 Jul 2010 03:19:51 -0400

Mexican military arrests 11 Zetas for firefights near Matamoros
Mexican authorities announced the arrest of 11 supposed Zetas hitmen who allegedly had engaged the military last week. Also announced was the seizure of several weapons, found with the suspects at a h...
Wed, 28 Jul 2010 02:38:45 -0400

Universidad de Chile hold Guadalajara in Copa Libertadores
Universidad de Chile drew 1-1 at Chivas de Guadalajara (GSM) - Universidad de Chile will be the happier side following a 1-1 draw with Guadalajara in the first leg of the Copa Libertadores semi finals...
Wed, 28 Jul 2010 00:47:44 -0400

NYMEX-Crude extends decline on US crude stocks rise
TOKYO July 28 (Reuters) - U.S. crude futures extended declines on Wednesday after falling nearly 2 percent the previous day, after industry data showed an unexpected rise in U.S. crude inventories ...
Tue, 27 Jul 2010 23:37:33 -0400

Callaway will move assembly work to Mexico
CARLSBAD — Callaway Golf plans to shuffle its business operations to cut costs by moving its North American golf club assembly from Carlsbad to Monterrey, Mexico. In addition, the company said Tues...
Tue, 27 Jul 2010 23:19:35 -0400

Mexico joins IRENA; Albaniaâ€¨and Samoa ratify statute
According to the IRENA officials with this the IRENA membership has risen to 149 while the number of countries which have ratified its statute has gone up to 31.
Tue, 27 Jul 2010 22:57:42 -0400

Mexican Authorities Recover 144 Original Pre-Columbian Pieces and Colonial Religious Works
Recovered art pieces are displayed at the Mexican National Institute of Anthropology and History, INAH, in Mexico City, Tuesday, July 27, 2010. At least 14 pieces of sacred art and 180 archaeological ...
Tue, 27 Jul 2010 22:22:33 -0400

Police find eight severed heads in northern Mexico
(IDM) MEXICO CITY (AP) — The severed heads of eight men were found left in pairs along highways in the northern Mexico state of Durango, state prosecutors said Tuesday.The bodies had not yet been ...
Tue, 27 Jul 2010 21:05:33 -0400

Photo, letter purport to show kidnapped Mexico pol
MEXICO CITY Â— A letter purportedly written by the kidnappers of former Mexican presidential candidate Diego Fernandez de Cevallos suggests he is still alive and hints no ransom has been paid. ...
Tue, 27 Jul 2010 20:56:09 -0400

Cemex falls; Mexico stocks set to snap win streak
Mexican stocks face break in winning streak; Cemex drops LOS ANGELES (MarketWatch) -- Mexican stocks headed toward their first loss in seven on Tuesday, with shares of Cemex SA hurt after the cem...
Tue, 27 Jul 2010 17:18:35 -0400

Soltoro Outlines Significant Near Surface Silver Mineralization at Catarina Mine Area in Jalisco, Mexico
(TSX VENTURE:SOL) has compiled results of a comprehensive programme of channel sampling in surface trenches over the previously producing Catarina Mine zone on its El Rayo property in Jalisco Mexico. ...
Tue, 27 Jul 2010 11:18:18 -0400

Arresting U.S. fugitives is win-win, Mexican police squad leader says
About 1,000 fugitives are believed to live in Mexico. The effectiveness of Mexican fugitive-hunting squads has helped improve relations between U.S. and Mexican law enforcement agencies.
Tue, 27 Jul 2010 10:24:06 -0400

Colorado Goldfields Inc. Acquires 4.4 Million Gold Ounce Potential in Durango, Mexico
CGFIA ) announced today that it has signed a Letter of Intent to acquire the Gavilanes Property located in Durango, Mexico. The Company has entered into a letter of intent to acquire the properties th...
Tue, 27 Jul 2010 09:09:53 -0400

RPT-PREVIEW-Mexico May economic activity seen up 7.95 pct y/y
REUTERS FORECAST: Median +7.95 pct y/y May vs +7.24 pct y/y April. Fourteen clients participated in the survey and the range was +6.1 pct and +9.0 pct.
Tue, 27 Jul 2010 11:58:37 -0400

Study suggests climate change will boost Mexican emigration
WASHINGTON — Continued climate change will drive Mexican farm workers to migrate to the United States in greater numbers, environmental experts predicted on Monday.For every 10 per cent of lost crop...
Tue, 27 Jul 2010 06:34:45 -0400

Six bodies found in S Mexican city
Mexican police on Monday found six corpses inside a SUV car near the southern city of Chilpancingo in Guerrero State.The Public Security Department of Guerrero said the vehicle, which was parked two s...
Tue, 27 Jul 2010 05:33:47 -0400

Mexico leads C. American Games medal tally
Mexico led the medal tally with a total of 271 medals after the ninth day of the Central American and Caribbean Games 2010 on Monday. Mexico won 22 gold medals on Monday, which made it claim the first...
Tue, 27 Jul 2010 05:33:42 -0400

Prison guards in Mexico let inmates out, lent guns to do killings
MEXICO CITY -- Guards and officials at a prison in northern Mexico allegedly let inmates out, lent them guns and sent them off in official vehicles to carry out drug-related killings, including the ma...
Tue, 27 Jul 2010 02:25:40 -0400

Mexican police investigate possible new drug gang
ACAPULCO, Mexico (AP) - Mexican authorities are investigating whether a new drug gang has emerged after a message left with six bodies Monday. Guerrero state police say the six men were found in a ca...
Mon, 26 Jul 2010 19:22:28 -0400

Global Warming Means More Mexican Immigration
global warming could bring the immigration issue to a boiling point in the coming decades, if a new study holds true. According a new computer model, a total of nearly seven million additional Mexican...
Mon, 26 Jul 2010 19:18:24 -0400

Climate change linked to possible mass Mexican migration to U.S.
Climbing temperatures are expected to raise sea levels and increase droughts, floods, heat waves and wildfires. Now, scientists are predicting another consequence of climate change: mass migration ...
Mon, 26 Jul 2010 19:08:06 -0400

PREVIEW-Mexico May economic activity seen up 7.95 pct y/y
REUTERS FORECAST: Median +7.95 pct y/y May vs +7.24 pct y/y April. Fourteen clients participated in the survey and the range was +6.1 pct and +9.0 pct.
Mon, 26 Jul 2010 18:20:05 -0400

Mexican stocks rise as U.S. new-home sales improve
Mexico stocks rise as U.S. new-home sales rebound LOS ANGELES (MarketWatch) -- The Mexican equity market reached for its sixth consecutive win Monday, rising after its largest trading partner pos...
Mon, 26 Jul 2010 17:04:07 -0400

RPT-STXNEWS LATAM-Mexican stocks rise, Grupo Mexico leads
Oil steady as U.S. home sales advance, storm fizzles NEW YORK (Reuters) - Oil steadied near $79 a barrel on Monday as stronger U.S. home sales stoked economic optimism, while oil output was restored...
Mon, 26 Jul 2010 16:07:30 -0400

Mexican bullfighter stable after goring in southern Spain
MADRID - Mexican bullfighter Arturo Macias is in stable condition in a hospital in southern Spain after being gored in a weekend bullfight. A spokeswoman for Jerez Hospital said Macias is fully consc...
Mon, 26 Jul 2010 14:50:26 -0400

51 bodies found at northern Mexico dumping ground
The site where investigators found some 51 corpses in two days of digging is seen in a field near a trash dump outside the northern city of Monterrey, Mexico Friday, July 23, 2010. Excavations continu...
Mon, 26 Jul 2010 14:04:26 -0400

Hitmen behind Mexico massacre were prisoners
The crime scene where suspected drug gunmen killed 17 people at a private party in Northern Mexico is seen in this July 2010 file photo. (REUTERS File Photo)
Mon, 26 Jul 2010 12:46:28 -0400

Mexican drug cartel inmates let out of prison to carry out assassination missions
A dark red stain is seen at a wall of a site marked as a crime scene by police at the entrance of a house where a party was interrupted by gunmen early Sunday in the town of Torreon, in the Mexican no...
Mon, 26 Jul 2010 11:18:32 -0400

Mexican killing spree perpetrated by jail inmates
Top officials in Mexico are concerned that prisoners were released in order for them to attack a group of people at a birthday celebration last week.
Mon, 26 Jul 2010 04:22:04 -0400

Vancouver-Based Company Launches Mexico Real Estate Information Center
We created a space where individuals and companies can find information about... Mexico such as immigration and tax issues; as well as event announcements, discovery holiday packages, and other specia...
Mon, 26 Jul 2010 07:02:00 -0400

Mexican Prison Guards Let Killers Out, Lent Then Guns, Prosecutors Say
(AP) - Guards and officials at a prison in northern Mexico allegedly let inmates out, lent them guns and sent them off in official vehicles to carry out drug-related killings, including the massacre o...
Mon, 26 Jul 2010 06:40:38 -0400

Mexican official charged with aiding drug dealing
SAN DIEGO — A Mexican law enforcement official who worked with U.S. authorities was charged with sharing confidential information with drug traffickers and arranging the arrests of his drug boss...
Mon, 26 Jul 2010 04:15:18 -0400

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