Mexico Financial News

Developing-world currencies were mixed on Tuesday as traders awaited key speeches and data that could shed light on the outlook for US interest rates while losses in Hong Kong-listed tech stocks drove emerging-market equities lower. 

CALGARY — TC Energy Corp. has cut an unspecified number of jobs, primarily in Calgary and Houston, the pipeline company confirmed Wednesday.

The Biden administration is hailing the arrest of a California man accused of smuggling illicit air coolants into the United States

Monterrey, Mexico Outside this city, 150 miles south of the Texas border and in the shadow of the Sierra de Santa Catarina, is a cactus-dotted field. If all goes well, this unassuming site will be home to Tesla’s Giga Mexico, which could become the world’s largest electric-vehicle factory. The project promises thousands of jobs and as much as $15 billion in investment from Tesla and its suppliers.

Mint explains why the Opec+ has curbed output and the demand outlook for the world. Crude oil price (Brent) has stayed below $100 a barrel since August 2022, after the sharp rise in the early days of the Russian invasion of Ukraine. While it has largely held above $80, the price dipped to the low seventies a few times in the past year.

governments in their national economies is rising, both through policy and expenditure. In India, of the total gov expenditure of 30% of GDP, two-thirds is carried out by state governments, including some spending financed by the Centre. To hobble state finances, in this context, is to express a strong death wish. Indeed, FPIs in government debt can invest in state government debt. But they do not. They have utilised hardly 2.6% of the permissible limit for state government securities. Why, then, is the Centre chary of letting state governments aggressively market a part of the debt they are eligible to raise abroad, particularly to migrants from their states? India is the world's biggest recipient of migrant remittances — $125 billion in 2023. Mexico, the second-highest, got about half as much. NRI deposits have been the mainstay of emergency foreign borrowings for India, time and again. Remember Resurgent India Bonds (RIBs) to tide over India's post-nuclear test isolation of 1998? India Millennium Deposits (IMDs) of 2000? And the foreign currency non-resident special deposits to tide over the taper tantrum of 2013?

MEXICO CITY (Reuters) — Mexico's inflation rate likely eased in February, a Reuters poll showed on Monday, reinforcing bets that the country's central bank could lower its key benchmark interest rate as soon as this month.

Mint in Barcelona, on the sidelines of the Mobile World Congress. The technology provider intends to meet the demand from Indian as well as global carriers from its India plant. The first pilot of the technology for Vodafone Idea is being conducted in Jalandhar, Punjab to test the equipment and functioning of the network such that it meets all the key performance indicators of the existing networks, while in parallel they're scaling up the number of sites to cover the entire state.

Cuba’s economy is in its worst state since the collapse of the Soviet Union in the 1990s. Even the official figures—which one Western businessman in Havana, the capital, describes as “an exercise in a cover-up"—make grim reading. Annual inflation, according to the government, is at 30%.

By James Oliphant

Alberta Premier Danielle Smith is remembering former prime minister Brian Mulroney as a politician who understood her province’s interests.

WestJet and Air Canada has gone up.For those who purchased an economy basic or standard fare with Air Canada on or after Feb. 28 for travel within Canada or to the U.S., the Caribbean, Mexico or Central America, the fee went up $5, from $30 to $35 for the first bag and to $50 for a second bag.For WestJet tickets purchased on or after Feb.

By David Randall

By Andrea Shalal

UFC fight night is all set to take place on Saturday at Apex facility in Las Vegas. The main UFC fight card is scheduled to commence from 4 pm (ET). The event can be watched on ESPN+. The big fight of the night will be between Shamil Gaziev and Jairzinho Rozenstruik. Vitor Petrino will take on Tyson Pedro. Alex Perez will fight Muhammad Mokaev.

Canada's immigration minister says his country is reimposing the visa requirements on Mexican nationals visiting Canada

CMA CGM expects disruptions to commercial shipping to last months, Chairman and CEO Rodolphe Saade said. Shipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone and missile attacks on ships in the Red Sea and Gulf of Aden last November. «This will probably last for some months,» Saade said.

Former Canadian prime minister Brian Mulroney has died at the age of 84.

total solar eclipse in the month of April, as per a report in NBC. The upcoming eclipse on April 8 is expected to be a significant spectacle as its trajectory conveniently crosses Mexico, the contiguous United States, and a portion of eastern Canada.

By Daniel Wiessner

Mexican citizens will once again need a visa to come to Canada after asylum claims from that country have soared over recent years.