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'Failure:' Mexico admits bungled arrest of kingpin's son after mayhem

19 Oct 2019

MEXICO CITY Mexican officials on Friday admitted they had bungled the arrest of kingpin Joaquin "El Chapo" Guzman's son, who they let go during shootouts with drug gangs in the streets of a major city, but the president insisted his security strategy was working. | Video

Cartel gunmen chase away security forces, free El Chapo's son

18 Oct 2019

MEXICO CITY Heavily armed cartel fighters surrounded security forces and made them free one of drug lord Joaquin 'El Chapo' Guzman's sons, whose brief apprehension triggered intense gunbattles across the city of Culiacan.

Mexican motor city 'getting desperate' as GM's U.S. strike takes heavy toll

12 Oct 2019

SILAO, Mexico Half a continent away from the auto plants of Detroit, U.S. strikes at General Motors (GM) have sent shivers through the central Mexican city of Silao, where the local GM factory furloughed 6,000 workers last week when parts from the United States ran out.

Mexico plans infrastructure blitz worth billions to shore up economy

02 Oct 2019

MEXICO CITY Mexico will soon unveil a set of major infrastructure projects drawn up by the private sector to lift the economy, President Andres Manuel Lopez Obrador said on Wednesday, seeking to banish the specter of recession from his young administration.

Mexico's Femsa plans second major foreign investment in two months

27 Sep 2019

MEXICO CITY Mexican conglomerate Femsa said on Thursday it had signed a non-binding agreement to acquire a minority stake in U.S. cash-and-carry retailer Jetro Restaurant Depot, adding to recent investments by Mexican firms abroad.

Mexico's Femsa plans second major foreign investment in two months

27 Sep 2019

MEXICO CITY, Sept 26 Mexican conglomerate Femsa said on Thursday it had signed a non-binding agreement to acquire a minority stake in U.S. cash-and-carry retailer Jetro Restaurant Depot, adding to recent investments by Mexican firms abroad.

Mexico president says El Chapo's drug wealth should go to Mexico

05 Sep 2019

MEXICO CITY Mexico's president on Thursday welcomed a proposal to give the alleged fortune of drug kingpin Joaquin "El Chapo" Guzman to the country's indigenous people, and said the wealth of Mexican criminals in the United States should be returned to Mexico.

Mexican president says referendums could decide fate of ex-presidents

04 Sep 2019

MEXICO CITY Mexican President Andres Manuel Lopez Obrador said on Tuesday the public should have the right to choose whether ex-presidents should face trial once a bill has passed Congress making it easier to hold referendums.

Mexico president girds for key address ringed by problems, riding high in polls

31 Aug 2019

MEXICO CITY Mexican President Andres Manuel Lopez Obrador gears up for his first state of the union address on Sunday with the economy flirting with recession, murders reaching record levels - and his popularity riding high.

Mexico expects to save $4.5 billion after pushing firms to rework pipeline contracts

28 Aug 2019

MEXICO CITY Mexico's government said on Tuesday it had persuaded companies to waive "significant" profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion.

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