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  • Ikea plans to open first Mexico store in 2020

  • IKEA, the world's largest furniture seller, will open its first store in Mexico next year and plans to launch other stores around the country, the company said on Wednesday, as it expands in Latin America to counter growing competition in its core U.S. and European markets.
  • Ikea says it will open first Mexico store in 2020

  • IKEA, the world's largest furniture retailer, will open its first store in Mexico in the fall of 2020, the company said on Wednesday, as the furniture retailer expands in Latin America to counter growing competition in its core U.S. and European markets.
  • EMERGING MARKETS-Most Latam FX firm after Fed minutes, Brazil real retreats from gains

  • Most Latin American currencies firmed on Wednesday after minutes of the U.S. Federal Reserve's May meeting showed members agreeing to maintain their patient stance "for some time." Mexico's peso rose 0.4%, hitting a 2-1/2 week high, before retreating to trade 0.07% higher, while Colombia's currency climbed 0.1% as an interest rate hike in the United States - which usually spurs outflow from riskier emerging market bets - seemed unl
  • Mexico’s refugee agency asks UN for help amid application surge

  • MEXICO CITY – Buckling under surging asylum applications and the lowest budget in years, Mexico’s tiny refugee agency has turned to the United Nations for help opening three new offices across the country starting next month, its director said on Tuesday. Mexico is on track for 60,000 asylum application this year, double 2018 applications, said...
  • Mexican government sanctions two senior former Pemex officials

  • Mexico's government announced on Wednesday it had sanctioned two senior officials at state oil firm Petroleos Mexicanos (Pemex) from the previous administration, saying public funds had been misused in the purchase of fertilizer business Fertinal.
  • Mexican president says won't fight with Trump over migration

  • Mexican President Andres Manuel Lopez Obrador said on Wednesday he would not be drawn into a dispute with the United States when asked about his U.S. counterpart Donald Trump's latest criticism that Mexico was not doing enough to stop illegal immigration.
  • Trump calls for trade deal passage before infrastructure bill

  • President Trump told Democratic lawmakers in a letter Tuesday that Congress should take up and pass a trade deal with Canada and Mexico before debating a bill about infrastructure in the US. Trump sent the letter to Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi ahead of a Wednesday meeting at the White...
  • Mexico to auction Lamborghini, other seized assets to help poor

  • Mexico's government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, officials said on Tuesday, part of a "Robin Hood" program to use millions of dollars in ill-gotten gains to aid the poor.
  • Mexican health service chief quits over spending cuts

  • The head of Mexico's social security institute has stepped down, citing budget cuts that he said would harm health services for the poor, in one of the first major resignations in the administration of leftist President Andres Manuel Lopez Obrador.
  • Mexico studies building new immigration facilities

  • Mexico is studying a change in the way it handles the migrants who have been overwhelming its facilities near the border with Guatemala, and may try to keep more of them in newly constructed voluntary shelters rather than in detention facilities.
  • Nxivm leader Keith Raniere hid in closet to avoid arrest: testimony

  • Nxivm leader Keith Raniere fancied himself an all-powerful “grandmaster” to his harem of sex slaves — yet ran and hid in a closet when the feds stormed his Mexico hideout, a witness testified Tuesday. The self-styled guru left his slave master — and longtime lover — Lauren Salzman to confront the heavily armed police at...

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