Mexico Financial News

Investing.com-- Oil prices fell slightly in early Asian trade on Tuesday as traders awaited a slew of economic readings from major oil importers this week, while focus also remained on potential supply disruptions from Tropical Storm Idalia.

Glance, a smart lock screen platform from InMobi, is launching in Japan. It will partner with leading telecom carriers and Android smartphone brands in the country, Piyush Shah, president of Glance, told ET. Singapore-headquartered Glance has already expanded in Indonesia and is now eyeing the US market.

The Mexican government says it has sent 1,200 more troops to the cartel-dominated western state of Michoacan after a weekend of violence

FIBA Basketball World Cup, the USA have registered two initial wins, cruised past Greece, and have clinched the group round. Canada defeated France, who were eliminated on Sunday after yet another defeat at the hands of Latvia. Steve Kerr has coached Team USA and led by Anthony Edwards, Jalen Brunson, Jaren Jackson Jr. and Mikal Bridges led them. The US finished seventh in 2019 and they hope for a better result this year.

Idalia formed Sunday in the Caribbean, buffeting southeastern Mexico with wind and rain, as forecasters predicted it will strengthen to a hurricane before reaching Florida later in the week. The storm, which is not forecast to make landfall in Mexico, will travel across the Gulf of Mexico before reaching northwest Florida, the US National Hurricane Center said. Idalia will create «increasing risk of life-threatening storm surge and hurricane-force winds along portions of the west coast of Florida and the Florida Panhandle beginning as early as Tuesday,» the NHC warned. «There is considerable spread in the model intensity guidance, ranging from minimal to major hurricane status before landfall on the northeast Gulf coast,» the NHC added. The NHC predicted Idalia will have made landfall in Florida by 7:00 am (1100 GMT) Wednesday, in an image showing the storm's likely path. At 0300 GMT Monday, Idalia was swirling in the Caribbean, headed northeast with maximum sustained winds of 60 miles (95 kilometers) per hour, the NHC said. Storm surge and hurricane watches have been issued for parts of Florida's coast and scattered flash flooding can be expected, the NHC said. Governor Ron DeSantis has declared a state of emergency in 33 counties in preparation for the storm's arrival. In the Mexican state of Quintana Roo, home to Cancun and other coastal tourist resorts, Idalia dumped rain and put a damper on one of the last weekends of summer vacations. Heavy rainfall is expected across parts of the eastern Yucatan in Mexico and western Cuba. A week ago, Hilary, which at one point rose to a Category 4 hurricane on the five-point Saffir-Simpson scale, hit the state of Baja California on Mexico's Pacific coast as a tropical storm,

State and federal agencies are scrambling to find measures to combat what experts call one of the harshest and most neglected effects of climate change in the U.S.: rising heat deaths and injuries of people who work in triple-digit temperatures

COVID-19 pandemic, US President Biden has unveiled a proactive strategy, intending to seek additional funding from Congress for the development of a novel COVID-19 vaccine. Furthermore, he suggested the possibility of mandating this new vaccine for all individuals, regardless of their prior vaccination status.

(Reuters) — Tropical Storm Idalia has formed near the Yucatan Channel about 80 miles (130 km) east-northeast of Cozumel in Mexico and is heading toward Florida, the U.S. National Hurricane Center (NHC) said on Sunday.

By Fergal Smith

Investing.com — With just a week symbolically left for the peak of summer driving, most Americans must be relieved that they survived not just the road but also prices at the pump.

MEXICO CITY (Reuters) — A U.S. judge has canceled a hearing on a $10 billion lawsuit filed by Mexico seeking to hold U.S. gun manufacturers responsible for facilitating arms trafficking to drug cartels, Mexico's foreign ministry said on Saturday.

AFTER YEARS of praying for more rain, Californians unexpectedly found themselves wishing for less this week, when tropical storm Hilary blew in from Mexico on August 21st. Rainfall records were smashed in Los Angeles and San Diego. Death Valley, farther inland, was deluged with as much rain in a day as it normally receives in a year.

Gulf of Mexico, raising the likelihood of affecting Florida in the upcoming week, according to meteorologists. The forthcoming named storm in the 2023 Atlantic hurricane season is predicted to be Idalia (pronounced as «ee-DAL-ya»). The National Hurricane Center has expressed agreement with the potential development of this system, attributing an 80 per cent probability to its formation. The prevailing environmental conditions seem favorable for the gradual evolution of this system over the forthcoming days. As it progresses generally northward across the northwestern Caribbean Sea and the eastern Gulf of Mexico, it is anticipated that a tropical depression will likely emerge either late this weekend or early the following week. Dolce mentioned that although the Gulf waters possess ample warmth to facilitate the formation of a depression or storm, the potential hindrance of wind shear needs to be considered. Wind shear, denoting variations in wind speed and direction with altitude, typically acts as an inhibiting factor for storm development. With Florida situated in the prospective trajectory of the impending storm, precautionary measures are being initiated. Governor Ron DeSantis' official schedule confirmed his communication with Kevin Guthrie, Director of the Division of Emergency Management, on Thursday. Subsequently, DeSantis shared an update on X (formerly known as Twitter), directing attention to the state's emergency management team's readiness for the possible tropical system's movement across the Yucatán Peninsula. He advised residents to stay vigilant and prepare for potential impacts in the early days of the forthcoming week, directing them to follow @FLSERT for updates.

Oil companies are challenging a Biden administration move to protect an endangered species of whale by scaling back a planned September auction of Gulf of Mexico oil and gas leases

Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X post.

Woodside Energy has taken steps to streamline its enlarged portfolio after its merger last year with BHP Petroleum, tapping Morgan Stanley to sell its interests in the mature Macedon and Pyrenees oil and gas ventures off Western Australia.

Paul McCartney has revealed plans to return to Mexico City for a concert on November 14. The performance is part of his international Got Back Tour and marks his first appearance in the Mexican capital in six years. The former member of The Beatles shared the news in a video via Instagram, with the Mexican promoter Ocesa also confirming the event in an official statement. «I'm thrilled to announce that I'll be heading to Mexico for some concerts with my Got Back Tour in November. Mexico holds wonderful memories for me. Whenever we're there, we have a blast. So let's make more great memories… let's rock… let's roll. And let's have a party! Party!» McCartney conveyed through the promoter’s press release. Ocesa disclosed that general ticket sales for the concert are scheduled to commence on September 2 at 2 p.m. Central Mexico time. A pre-sale exclusively available for Citibanamex cardholders will begin a day earlier, on September 1 at 2 p.m. local time, accessible through www.ticketmaster.com.mx. Paul McCartney embarked on the Got Back Tour on April 28, 2022, starting in Spokane, Washington, and visiting 13 cities across the United States. In June 2022, McCartney headlined England's Glastonbury Festival. McCartney, now 81 years old, will stage his first performance in Mexico City since 2017. On that previous occasion, he held an emotive show at Estadio Azteca, attended by approximately 48,300 people, according to the promoter's records. During that event, he expressed solidarity with Mexicans in the aftermath of the September earthquakes that year.

Mother Nature is playing a double game with the natural gas market. The question is, which one will win?

equity market was either likely or very likely. The remaining 22 said unlikely or very unlikely. Of 15 stock indices polled on, analysts forecast only four to rise more than 5% by year-end.

Dozens of cranes lift blocks weighing several tons and drop them to compact the soil of a roughly one-square-mile area on Peru’s Pacific coast, part of China’s most ambitious port project in Latin America designed to facilitate trade between the regions

Known as the Zorro Ranch, a high-desert property once owned by disgraced financier Jeffrey Epstein has been sold after two years on the market