US carmaker scraps plans to build a $1.6bn plant in Mexico in a move announced hours after Trump took aim at GM and the cars it produces in Mexico
Tag: Donald Trump
Posted inWeb Articles
Trump meets Carlos Slim amid uncertainty over US-Mexico relations
The US president-elect confirms the two recently met for a private dinner as business leaders on both sides of the border look for clues about Trump’s Mexico policies
Posted inDaily Brief
Fitch revises Mexico outlook to negative
Rating agency warns of economic uncertainty after Donald Trump’s victory in the US presidential elections last month
Posted inDaily Brief
José Cuervo moves ahead with IPO
Mexican tequila maker may struggle to raise $1bn from equity offering, sources say
Posted inDaily Brief
Banxico hikes rates to combat slumping peso
Mexico’s central bank lifts key interest rate by 50bp to 5.25%, the highest it has been since 2009
Posted inDaily Brief
Mexico faces economic headwinds
Moody’s drops the country’s GDP growth estimates to 1.9% in 2017 and 2.3% in 2018
Posted inDaily Brief
AA2000 halts bond sale
Argentine airport operator’s 2020 bonds have widened at least 60bp since the US presidential elections
Posted inDaily Brief
Mexican corporate issuers face headwinds
Slumping peso and potential protectionist measures in the US pose credit risks to Mexican corporates, including América Móvil and Televisa
Posted inDaily Brief
Possible US rate hike will hit Mexico, Central America
Mexico’s reliance on US foreign direct investment leaves it open to slower economic growth if the Fed hikes interest rates
Posted inDaily Brief
Trump concerns keeps pressure on Mexican, Brazilian currencies
LatAm currencies battered as investors raise concerns over a potential Fed rate hike