Mexico

GM promises UAW $1.9 billion for US operations, 3,300 union jobs

General Motors promised The United Auto Workers union a $1.9-billion investment in US operations that would add 3,300 union jobs in the country under a proposed four-year contract.

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AT&T counting on DirecTV, expansion in Mexico for topline, bottomline growth

Despite escalating capital expenditure, the US-based wireless carrier AT&T is optimistic of achieving double-digit growth in revenues for the second half of 2015.

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Mexican government hikes dollar auction by almost 4 folds; holds rates

The continuous fall of peso currency is giving jitters to the Mexican economy. The second largest economy in Latin America is making all the possible efforts to prevent the arrest of its falling peso. It increased dollar auction level by almost four times to support the weakening peso.

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Not all cities are created equal: Here are the best places to retire abroad

Retirees planning on settling overseas often consider costs of living as their deciding factor. Aside from the coveted seaside views, friendly English-speaking community and safety, investment is also a factor to contemplate on.

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Mexico auctions oil blocks to increase production but failed to attract giant international companies

Mexico kicked out foreign companies 77 years ago, but just last Wednesday the tables seem to turn as its government auctioned 14 exploration blocks to attract international energy companies, which will hopefully redeem the country's dwindling production.

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T-Mobile Users Get Unlimited Calling to Mexico and Canada at No Extra Cost with Mobile without Borders

The Simple Choice North America Plan, otherwise known as "Mobile without Borders," is the latest installment of T-Mobile's Un-carrier Amped program.

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From 'Minions' to millions: the animated film beats Toy Story 3 for biggest opening weekend

Universal and Illumination Entertainment's Minions had made it as the second biggest animated movie when it was first shown in cinemas on July 12, ending the week with $115.2M next to Shrek the Third ($121.6M) in 2007 and beating Toy Story 3 ($110.3M) in 2010.

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Big oil options trades revive speculation about producer hedging

Two big trades in oil options worth nearly $60 million last week boosted volatility in that market and revived speculation among traders that U.S. producers are placing hedges to guard against another price rout this fall.

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Congress victory moves Obama's Pacific trade pact forward

U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama's efforts to strengthen U.S. economic ties with Asia.

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Delta Air Lines looks to strengthen global partnerships

Delta Air Lines Inc (DAL.N) is hoping to strengthen partnerships with carriers in South Korea, Mexico and Brazil, and it has been approached about investing in Japan's bankrupt Skymark Airlines, Delta's president Ed Bastian told reporters Monday.

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U.S. airlines group expects busiest summer travel season ever

Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.

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Trade supporters breathe easier as U.S. trade bill clears Senate hurdle

A 12-nation Pacific trade agreement cleared a crucial test in the U.S. Senate on Thursday, giving a resounding thumbs-up to legislation that holds the key to President Barack Obama's diplomatic pivot to Asia.

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Ford recalls over 591,000 vehicles for steering, other problems

Ford Motor Co (F.N) said on Wednesday it is recalling more than 591,000 vehicles in North America for four separate problems, including possible broken bolts that could make steering more difficult.

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U.S. presses Mexico to ease poultry import limits brought by bird flu

The United States is pressing Mexico, the top importer of U.S. chickens and turkeys, to relax restrictions imposed on poultry shipments because of an outbreak of a strain of avian flu deadly to birds, an Agriculture Department spokeswoman confirmed on Friday.

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Toyota resumes expansion with new Mexico, China plants

Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on global rivals.

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