MEXICO CITY (Reuters) – Mexico’s headline inflation likely slowed for a fourth consecutive month in May, a Reuters poll on Monday showed, backing views that the central bank will hold its benchmark rate while price growth comes down to within its target range. The median forecast of 10 analysts sees annual headline inflation MXCPHI=ECI in…
By Dave Graham and Alberto Fajardo MEXICO CITY (Reuters) – The party of Mexican President Andres Manuel Lopez Obrador was set to win a major opposition bastion in a state election on Sunday, preliminary results showed, giving the country’s leader a boost as he seeks to pave the way for a successor next year. In…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s National Regeneration Movement (MORENA) is poised to win the governorship of the State of Mexico, the state’s electoral institute forecast on Sunday. A preliminary estimate showed MORENA’s candidate Delfina Gomez was on track to win 52.1-54.2% support, while opposition contender Alejandra del Moral was expected…
(Reuters) – Tropical Storm Arlene is forecast to weaken on Saturday, the National Hurricane Center (NHC) said in an advisory late on Friday. Arlene, which formed in the Gulf of Mexico, is forecast to degenerate to a remnant low on Saturday and dissipate by early Sunday, the Miami-based weather forecaster said. (Reporting by Anirudh Saligrama…
PANAMA CITY (Reuters) – Panama launched a police operation on Friday at its border with Colombia to fight organized crime and human smuggling linked to the growing flow of migrants crossing the dangerous jungle of the Darien Gap. “Operation Choco” aims to stop transnational organized crime in the Darien by mobilizing aerial support and confronting…
By Ana Mano SAO PAULO (Reuters) – Revised trade accords with most of Brazil’s trade partners, including China, make it unlikely the world’s largest chicken supplier will impose a nationwide ban on exports should the virus that causes highly pathological avian influenza (HPAI) hit commercial flocks. Ricardo Santin, head of a group representing firms like…
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday, even as the global economy remains on shaky ground. Gross merchandise volume (GMV) measures the total value…
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. “We acted decisively, we acted very swiftly and we said ‘okay, we’re gonna go…
(Reuters) -An investigation into the death of an 8-year-old Panamanian girl while in custody of the U.S. Border Patrol in Harlingen, Texas, showed that the family was repeatedly denied an ambulance, the U.S. Customs and Border Protection (CBP) said on Thursday. The child died on May 17 after experiencing a medical emergency at the agency’s…
MEXICO CITY (Reuters) – Mexico has accepted a request from the United States to review an alleged denial of collective labor rights at U.S. tiremaker Goodyear’s plant in the central state of San Luis Potosi, the country’s economy and labor ministries said Thursday. An independent union had petitioned the U.S. government to open a case…
