Mexico Financial News

As much as 1.1 million gallons of oil may have been discharged into the Gulf of Mexico from a pipeline system off Louisiana’s southeast coast

Elon Musk's social media company X has filed a lawsuit against liberal advocacy group Media Matters for America

Galaxy Leader, was hijacked on Sunday in the southern Red Sea by Yemen’s Houthi rebels, reported AP. The vessel en route from Turkey to India is believed to be having 25 people on board. Houthi rebels, who control northern Yemen and its Red Sea coast, said the vessel was Israeli.

Elon Musk's social media company X filed a lawsuit against liberal advocacy group Media Matters for America on Monday, saying it manufactured a report to show advertisers' posts alongside neo-Nazi and white nationalist posts in order to «drive advertisers from the platform and destroy X Corp.» Media Matters, a Washington, DC-based non-profit, called the lawsuit «frivolous.»

Yemen's Iran-backed Houthi rebels have seized an Israeli-linked ship in a crucial Red Sea shipping route and taken the 25-member crew hostage

SpaceX launched its mega rocket Starship but lost both the booster and the spacecraft in a pair of explosions minutes into a second test flight

Far off the Texas coast there is a beautiful surprise in the Gulf of Mexico that draws divers from around the world: a stunning amount of coral coverage on undersea mountains

Jim Sarbh and Shefali Shah from India. The Indian stars received nominations in the comedy category, as well as for the best performance by an actor and actress, respectively. The ceremony will also see film producer Ektaa Kapoor being honoured with the Directorate Award for her "trailblazing career and impact on the Indian television landscape".

EDINBURG (TEXAS) : Donald Trump returned to the US-Mexico border for a visit Sunday as he promotes a hard-line immigration agenda that would be far more expansive than the policies he pursued during his first term as president. Before making remarks in Edinburg, Texas, Trump served meals to Texas National Guard soldiers, troopers and others who will be stationed at the border over Thanksgiving. He was joined by Republican Gov.

Elon Musk-owned company's Starbase launch site near Boca Chica in Texas, boosting the Starship spacecraft roughly 55 miles (90 km) above ground on a planned 90-minte flight into space. But the rocket's Super Heavy first stage booster, though it appeared to achieve a crucial maneuver to separate with its core Starship stage, exploded over the Gulf of Mexico shortly after detaching, a SpaceX webcast showed.

SpaceX is poised Saturday for the second test launch of Starship, the largest rocket ever built that Elon Musk hopes will one day colonize Mars, while NASA awaits a modified version to land humans on the Moon. It comes after a first attempt to fly the spaceship in its fully-stacked configuration back in April ended in a spectacular explosion over the Gulf of Mexico. SpaceX has insisted that explosions during the early stages of rocket development are welcome and help inform design choices faster than ground tests — though time is ticking down for a modified Starship to be ready for a planned lunar landing in 2025. Blast off from the company's Starbase in Boca Chica, Texas, is set for 7:00 am local time (1300 GMT) with a launch window of 20 minutes. The event will be live streamed on both SpaceX's website and on X, the social media platform owned by Musk. When the two stages of Starship are combined, the rocket stands 397 feet (121 meters) tall — beating the Statue of Liberty by a comfortable 90 feet. Its Super Heavy booster produces 16.7 million pounds (74.3 Meganewtons) of thrust, almost double that of the world's second most powerful rocket, NASA's Space Launch System (SLS) — though the latter is now fully operational. Both systems are designed to be fully reusable, a key element of SpaceX's design meant to greatly reduce costs.

By Joe Cash

Xi Jinping, fresh off his meeting with President Joe Biden, courted Indo-Pacific leaders in a flurry of meetings on Thursday at a time of intensifying competition with the United States. Xi held individual talks with the leaders of Mexico, Peru, and Fiji, and he planned a later session with Japanese Prime Minister Fumio Kishida, all on the sidelines of a summit of Asia-Pacific Economic Cooperation economies.

CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network.

Brazilian online lender Nu Holdings (NU) declined after it reported results for the third quarter. Overall, the financial services platforms’ performance was solid, but buy-side expectations were elevated heading into the print, leading to a negative reaction in the stock.

A federal appeals court has ordered the Biden administration to carry on with an auction of oil and gas drilling leases for Gulf of Mexico waters in 37 days — rejecting arguments by environmentalists

The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego says it has failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments

Japan, one of the last countries to re-open its borders, became the fastest-growing destination for Millennial and Gen-Z travelers in 2023, according to data from American Express. Bookings were up more than 1,300% compared with the “normal” pre-pandemic year of 2019, the company said. The data comes alongside American Express’ annual trending destination list released Tuesday, which suggests places to go for 2024 based on card members’ bookings and Amex Travel consultants’ recommendations.

Karoon Energy is raising around $US300 million ($460 million) via Macquarie Capital, to fund the purchase of assets in the Gulf of Mexico from the privately held LLOG Exploration Company.

El Salvador’s government has begun slapping a $1,130 fee on travelers from dozens of countries connecting through the nation’s main airport

There is mounting evidence that the US is cutting its direct dependence on Chinese imports—to the lowest level in 17 years, by some measures. Mexico and Canada in the middle of this year overtook China as top exporters to the US. This points to both a gradual decoupling of the two largest economies in the world as well as the rise of friend-shoring.