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America Movil to Spin Off Mexico Towers While Studying Breakup
America Movil SAB (AMXL) is planning a spinoff of its wireless towers in Mexico as the company studies how to break apart its wireless and landline phone operations in the country, where tougher regulations are cutting into profits.

Mexico remains identified
Human remains found in two plastic bags near a beach in southwestern Mexico have been identified as those of Harry Devert, a New Yorker who left his job as a trader in finance for a transcontinental motorcycle journey from the United States to Latin America, Mexican authorities said.


Mexico approves oil and gas reform legislation
Mexico's Senate has approved legislation to implement historic constitutional reform that would open the country's oil and gas industry to foreign investment for the first time since 1938. In an 85-26 vote, lawmakers passed the last of four packages of laws Monday to end the monopoly held by state oil company Pemex for 75 years in the exploration and exploitation of energy resources. The Chamber ...

What's Driving Mexico's Growth?
Mexico’s increasing purchasing power, as well as key reforms passed by recently elected President Enrique Peña Nieto, have contributed to what economic experts at HSBC say may become the world’s eighth-biggest economy by 2050. While it hasn’t ...

Brazil, Mexico to determine Halliburton's LatAm turnaround, says CEO
A turnaround in US oil services firm Halliburton's Latin American operations is dependent on events in Brazil and Mexico, the firm's CEO David Lesar said during a 2Q14 conference call. Halliburton's total Latin America revenue fell to US$897mn in the ...

Mexico's Assault on Soda Takes to the Airwaves
Last July, a report from the United Nation’s Food and Agriculture Organization found that Mexico had become the fattest nation, with 70 percent of its population overweight or obese. While the U.S. slid down in the rankings thanks only to Mexico’s expanding collective waistline, our southern neighbors have done more on the policy front in the past 12 months to combat its weight problem than we ...

Mexico's auto industry looks to luxury cars
Mexico, long a source of auto imports into the U.S., has become so sophisticated at making cars that its now moving into luxury. Just when luxury buyers were getting used to the idea that their BMW or Mercedes-Benz could be made in the U.S., both German ...

Mexico declares group home owner mentally unfit
MEXICO CITY — The owner of a group home raided last week is mentally unfit to face allegations that she frequently hit children living in the shelter, Mexico’s top federal prosecutor said Monday. Attorney General Jesus Murillo Karam said the woman who ...

Mexico telecoms overhaul starts to drag on America Movil
By Christine Murray MEXICO CITY (Reuters) - Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance. In Mexico, where the company makes almost two-thirds of its core profit, tough new regulations that force it to share infrastructure, stop national roaming charges and slash what ...

Mexico declares group home owner mentally unfit
MEXICO CITY (AP) — The owner of a group home raided last week is mentally unfit to face allegations that she frequently hit children living in the shelter, Mexico's top federal prosecutor said Monday.

Mexico closer to opening energy sector
Daniel J. Graeber MEXICO CITY, July 22 (UPI) -- Legislators in the Mexican government signed off on most of the rules meant to open an oil and gas market controlled by a state monopoly.

Blockbuster retreated to Mexico, and now Netflix plans to track it down and kill it there
Blockbuster may have shuttered most of its stores in the United States, but the video rental chain is still alive and kicking in Mexico. Perhaps not for long. Netflix, which was partially responsible for Blockbuster’s demise in the US, has now outlined ...

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