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Nov 9, 2023; Mexico City, MEX; A general overall view of the 2023 NBA Mexico City Game between the Orlando Magic and the Atlanta Hawks at the Arena CDMX. "(We want) a bigger footprint here in Latin America, ultimately, the dream of an NBA franchise coming to Mexico City one day," said Silver at a press conference. "Our goal is for the 30 NBA teams to play in here in Mexico City. A UNIQUE EXPERIENCEThe prospect of a Mexican franchise and more regular season games is exciting for local fans. ($1 = 17.6379 Mexican pesos)Reporting by Angelica Medina in Mexico City, additional reporting Amy Tennery Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Kirby Lee, Adam Silver, Silver, Bruno Fernando, Guerrero, Scottie Pippen, Orlando, Carlos Alcaraz, Josue, Angelica Medina, Amy Tennery, Christian Radnedge Organizations: Mexico City, Orlando Magic, Atlanta Hawks, USA, MEXICO CITY, National Basketball Association, NBA, NBA G League, Hawks, Chicago Bulls, Reuters, U.S, Ticketmaster, New York Knicks, Thomson Locations: Mexico City, MEX, Mexico, MEXICO, Central, America, Canada, Acapulco, Queretaro
Mexican businesses warmed by glow of 'nearshoring' dawn
  + stars: | 2023-11-06 | by ( Noe Torres | ) www.reuters.com   time to read: +4 min
MEXICO CITY, Nov 6 (Reuters) - Mexican businesses, particularly those linked to real estate and construction, are counting on investment from so-called "nearshoring" to boost profits and economic growth, especially in industrial zones near the U.S. border. "Many companies are already talking about this - about nearshoring and the economic benefits," said Gerardo Copca, an analyst at consultancy MetAnalisis. One notable project - electric vehicle maker Tesla's plans for a reported $5 billion factory in northern Mexico - has been credited with attracting $1 billion in Chinese investments to nearby industries. Mexican real estate investment trust Fibra Uno (FUNO11.MX) plans to launch a trust allowing investors to cash in on expected growth of industrial assets. Total Mexican construction output jumped almost by 46% in August year-on-year, with northern states performing strongly.
Persons: Gerardo Copca, Nearshoring, Fibra Uno, Andre El, Mann, AMPIP, Lorenzo Berho, El, Berho, Enrique Navarro, Andres Manuel Lopez Obrador's, Noe Torres, Dave Graham, David Alire Garcia, Christian Plumb, Josie Kao Organizations: MEXICO CITY, Fibra, Banco Regional, U.S, UBS, Cement, GCC, Thomson Locations: MEXICO, U.S, Mexico, Asia, Mexican, Queretaro, Guanajuato, Jalisco, United States, Canada, China, Swiss, Chihuahua, Texas
Watching for the Bus Stop Gallery
  + stars: | 2023-07-19 | by ( Jori Finkel | More About Jori Finkel | ) www.nytimes.com   time to read: +1 min
The artist Felipe Baeza knows something about waiting for the bus. Growing up in Chicago in the 1990s, he rode the city bus on his own starting around age nine. Going to college at Cooper Union in New York to study art, he took the bus or subway from his home in Spanish Harlem to get to class. They will also appear on digital kiosks and newsstands in Mexico City. Navigating a city by public transportation changes the way you experience the landscape, the world.”
Persons: Felipe Baeza, , Baeza, Organizations: Cooper Union, Art Fund Locations: Chicago, New York, Spanish Harlem, Los Angeles, Brooklyn, Baeza, Boston, Léon, Mexico, Mexico City, Celaya
MEXICO CITY, March 6 (Reuters) - The U.S. government on Monday filed its seventh labor complaint in Mexico under a trade pact that aims to improve workplace conditions, asking Mexican officials to probe alleged rights abuses at a plant owned by U.S. firm Unique Fabricating Inc (UFAB.A). "The union alleges Unique Fabricating refused to grant the union access to the facility and interfered with its organizing efforts," the Department of Labor said in a statement. Unique Fabricating did not immediately respond to a request for comment. Mexican officials did not immediately respond to requests for comment. Reporting by Daina Beth Solomon in Mexico City Editing by Dan Whitcomb and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
MEXICO CITY, March 3 (Reuters) - Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico's finance minister said on Friday, days after Tesla announced the construction of a "gigafactory" there. Tesla (TSLA.O) has not confirmed whether it will also build a battery plant in Mexico, but local officials say Tesla has visited the central states of Hidalgo, Queretaro and Puebla to scout potential sites. A decision on a battery plant in Mexico has yet to be announced. "The battery plant was not in (Tesla's) original plan, it was the Mexican government's suggestion," Ramirez said. Without legislation, Ramirez said, Mexico would not be able to match U.S. incentives.
BMW, General Motors and Ford have all recently announced plans to begin or step up EV production in Mexico as automakers transition away from fossil fuels. Tesla Chief Executive Elon Musk is expected to detail his Mexico plans at an Investors Day event on Wednesday at 4 p.m. EST (2100 GMT). "(Musk) is interested in investing more in Mexico," Mexican President Andres Manuel Lopez Obrador said, noting the two had discussed the government's plans to develop the Isthmus of Tehuantepec in southern Mexico when they recently talked. This closeness was very good for them," she told Mexican television. The factory will employ 5,000 to 6,000 people, she added, noting that similar Tesla plants elsewhere employ up to 10,000.
[1/2] Four human skulls wrapped in plastic and aluminum foil are seen during an inspection by the National Guard inside a package bound for the United States at a courier company located at the Queretaro Intercontinental airport, in Queretaro, Mexico in this photo distributed on December 30, 2022. Mexico's Guardia Nacional/Handout via REUTERSMEXICO CITY, Dec 30 (Reuters) - Four human skulls were discovered inside a package at a Mexican airport that was due to be sent by courier to the United States, local authorities said on Friday. The skulls were found wrapped in aluminum foil inside a cardboard box at Queretaro Intercontinental Airport in central Mexico, a statement from the National Guard said. The National Guard gave no further details on the age, identity or possible motive for the sending of the human remains. The transfer of human remains requires a special permit from a competent health authority which was not obtained, it said.
Companies Petroleos Mexicanos FollowMEXICO CITY, Dec 7 (Reuters) - Mexico will present a series of clean energy projects at the North American Leaders' Summit, scheduled for next month, Foreign Minister Marcelo Ebrard said Wednesday. "We're going to present the portfolio of projects tackling the subject, because we need to start now in the two years left in the administration," Ebrard said at an event with business leaders in the central state of Queretaro. Reporting by Kylie Madry; Editing by Brendan O'BoyleOur Standards: The Thomson Reuters Trust Principles.
CTM representatives say their unions defend worker rights, offer perks such as scholarships and sports programs and abide by Mexico's new labor rules. Along with La Liga, other new unions have also won victories over powerful rivals in the past year at GM, Japan's Panasonic (6752.T) and French glassmaker Saint-Gobain (SGOB.PA), pledging better pay. Even among the new crop, La Liga stands out for its broader vision: targeting companies no matter the sector, no matter the location. Leaving her three kids at home, she is traveling factory to factory seeking support. What's more, to drum up support, La Liga must fight a deeply embedded culture of fear and apathy around speaking out.
Fostul mare fotbalist brazilian Ronaldinho, cîştigătorul ”Balonului de Aur” în 2005, a anunţat, duminică, într-o înregistrare difuzată pe Instagram, că a fost testat pozitiv la COVID-19, asigurînd că este ”asimptomatic”. ”Salut prietenii, familia, fanii, am făcut testul COVID, rezultatul este pozitiv, dar sînt bine, asimptomatic pentru moment”, a afirmat fostul jucător al echipelor FC Barcelona şi Paris Saint-Germain, transmite Agerpres.ro. Ronaldinho, 40 de ani, va rămîne în carantină într-un hotel din Belo Horizonte, unde trebuia să participe la un eveniment organizat de un sponsor al stadionului Mineirao, în care a cîştigat Copa Libertadores în 2013, cu echipa locală Atletico Mineiro. Campionul mondial în 2002 cu Selecao a fost deţinut şi apoi plasat în arest la domiciliu, din martie pînă în august, într-un hotel din Paraguay, împreună cu fratele său Roberto Assis, pentru uz de paşapoarte false. Brazilia este a doua ţară ca număr de decese pe plan mondial din cauza COVID-19, după Statele Unite, cu peste 156.000 de morţi din această cauză.
Persons: Ronaldinho, Roberto Assis, Atletico Mineiro Organizations: FC Barcelona, Libertadores, Atletico Mineiro, AC Milan Locations: Paris Saint - Germain, Belo Horizonte, Selecao, Paraguay, Porto Alegre, Europa, Brazilia, Flamengo, Mexic, Statele Unite
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