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☆ Elon Musk eyes potential investment in Mexico's Nuevo Leon state - sources
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: 1 min

MEXICO CITY, Oct 24 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk is considering investing in the Mexican northern border state of Nuevo Leon, two people with knowledge of the matter said on Monday. Musk recently had a meeting in the state with Nuevo Leon Governor Samuel Garcia along with other local officials and Ken Salazar, the U.S. ambassador to Mexico, one of the sources said. A spokesperson for the Nuevo Leon government declined to comment. Neither Tesla nor the U.S. embassy immediately responded to requests for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daina Beth Solomon and Dave GrahamOur Standards: The Thomson Reuters Trust Principles.

☆ Tesla's Musk eyes potential investment in Mexican border state -sources
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 24 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk is considering investing in the northern Mexican state of Nuevo Leon, which borders Texas, two people with knowledge of the matter said on Monday. Musk recently held a meeting in the state with Nuevo Leon Governor Samuel Garcia along with other local officials and Ken Salazar, the U.S. ambassador to Mexico, one of the sources said. Register now for FREE unlimited access to Reuters.com RegisterA spokesperson for the Nuevo Leon government declined to comment. Musk's visit to Nuevo Leon was originally reported by Mexican media. Tesla, based in Austin, Texas, has its own lane at the U.S.-Mexico border crossing in Nuevo Leon to facilitate trade for local suppliers, the state government said in August.

☆ Mexico will propose expanding U.S. humanitarian access for Venezuelans
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: 1 min

MEXICO CITY, Oct 21 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday he will propose to the United States expanding a program announced last week to grant up to 24,000 Venezuelans humanitarian access to the United States by air. "We are going to be asking that they give out more," he told a regular news conference. Register now for FREE unlimited access to Reuters.com RegisterReporting by Valentine Hilaire; Editing by Daina Beth SolomonOur Standards: The Thomson Reuters Trust Principles.

☆ Walmart's net profit rises 10% in Mexico, even as expenses climb
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 20 (Reuters) - Walmart's Mexico unit on Thursday posted a 10% jump in third-quarter net profit, tracking analyst estimates, while expenses grew faster than revenue due to higher e-commerce and labor costs, the company said. Walmart de Mexico (WALMEX.MX), the biggest retailer in Mexico, posted a net profit of 12.15 billion pesos ($603.8 million), or 0.70 pesos a share, compared with the Refinitiv estimate of 0.69 pesos. The company known as Walmex said e-commerce makes up 4.8% of total Mexico sales, up from 4.5% a year ago. "The current environment requires a lot more focus and attention than the day-to-day business typically does," said Chief Executive Guilherme Loureiro in the results webcast. Annual inflation hit 8.76% in the first half of September.

☆ Walmart's Mexico unit sees quarterly net profit rise 10%
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 20 (Reuters) - Walmart's Mexico unit on Thursday said its third-quarter net profit rose 10% from the year-earlier period, helped by strong same-store sales as the retailer works to keep prices low at a time of swelling inflation. Walmart de Mexico (WALMEX.MX), the biggest retailer in Mexico, posted a net profit of 12.15 billion pesos ($603.8 million). The quarterly revenue of 197.89 billion pesos equated to a 12.4% rise from the prior July-to-September period. The company known as Walmex said in a statement it opened 26 stores in the quarter in Mexico and Central America, and invested in its e-commerce business, which now makes up 4.8% of total sales in Mexico. ($1 = 20.1271 pesos at end-September)Register now for FREE unlimited access to Reuters.com RegisterReporting by Daina Beth Solomon and Noe Torres; Editing by Cassandra Garrison and Will DunhamOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: Falling demand for COVID boosters puts price hikes on the table
▼ + stars: | 2022-10-20 | by ( Michael Erman | ) www.reuters.com time to read: +5 min

Last year, many on Wall Street were estimating the number of COVID-19 shots would be in line with the annual flu vaccine, which is the vaccine market leader with more than 160 million shots per year in the United States and 600 million shots globally. A recent poll by Kaiser Family Foundation found that two-thirds of American adults do not plan on getting a COVID vaccine soon. He added that instances of COVID infections in those who have been vaccinated has left many to question the effectiveness of the vaccine. The companies could make up for some of the weaker demand with price increases. That would mean annual revenue of $3 billion to $5 billion over the long-term for a company like Moderna, he added.

Venezuelan migrants, some expelled from the U.S. to Mexico under Title 42 and others who have not crossed yet, protest new immigration policies on the banks of the Rio Bravo river, in Ciudad Juarez, Mexico October 18, 2022. Ciudad Juarez, next to El Paso, has taken most migrants, with over 1,000 people, followed by Tijuana, opposite San Diego, with close to 700, according to local officials. Mexico, meanwhile, is worried many Venezuelans are still heading north to reach the U.S. border, a Mexican official said. Venezuelan migrant Franklin Pajaro told Reuters he was sent to Ciudad Juarez on Monday with his wife and two children after six days in U.S. detention, without food, clothing or money. "They left us on the street," he said, as his four-year-old son Saul wiped tears from his father's eyes.

☆ Mexican opposition lawmaker says he was target of Pegasus spyware
▼ + stars: | 2022-10-18 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

Federal lawmaker Basave from the center-left Citizens' Movement in the wealthy northern city of Monterrey said an analysis from leading cyber watchdog Citizen Lab found Pegasus on his phone in September 2021. Pegasus belongs to Israeli spyware firm NSO Group, which typically only sells the software to governments or law enforcement. When asked about Basave's case, NSO Group said Citizen Lab investigations are not able to differentiate between NSO tools and other cyber intelligence software. Citizen Lab said it rejects that assertion. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daina Beth Solomon; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Mexico probes whether Pegasus spyware purchases were legal
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 16 (Reuters) - The Mexican attorney general's office said on Sunday it is investigating the purchase of Pegasus computer spyware by the previous administration and whether it was carried out legally. In a statement, the office referred to existing probes of two people, including a prominent ex-official, into the use of Pegasus spyware, days after the current government denied it had spied on journalists or critics. read morePegasus belongs to Israeli spyware firm NSO Group, which typically only sells the software to governments or law enforcement organizations. Register now for FREE unlimited access to Reuters.com RegisterIn the statement, Mexican prosecutors said they were looking at the acquisition of Pegasus by the prior attorney general's office for 457 million pesos ($23 million). NSO noted it does not operate Pegasus, has no visibility on its usage, and does not collect information about customers.

Under the policy, up to 24,000 Venezuelans may apply for humanitarian entry into the United States by air. U.S. officials told Reuters that 300 had been expelled border-wide from the United States the day before. Ramirez said her husband was allowed to stay in the United States while she was sent back on Thursday, a move she called "inexplicable." Those trekking over land toward the United States have an arduous route through Central America and then into Mexico. The U.S. Department of Homeland Security (DHS) did not immediately respond to questions about the separated Venezuelans.

Tens of thousands of Venezuelans have left their troubled homeland for Mexico this year to get to the United States. Up to 1,000 Venezuelans per day could be expelled to Mexico under the new agreement, two U.S. officials told Reuters. "We've been overwhelmed by the news," said Lizbeth Guerrero, director of an aid group for Venezuelan migrants in Mexico City. She forecast many people would press on with plans to reach the United States because they had nothing to return to. Those who could not enter the United States or find work quickly risked becoming prey for violent gangs, she said.

☆ U.S., Mexico agree plan to tackle jump in Venezuelan migration
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 12 (Reuters) - U.S. and Mexican officials have agreed a plan for Venezuelan migrants that will enable thousands of people from the South American country to enter the United States by air and also send some Venezuelans to Mexico, Mexico's government said Wednesday. The latest scheme to manage higher border flows was launched as the United States and Mexico attempt to deal with a sharp increase in undocumented immigration from Venezuela. Register now for FREE unlimited access to Reuters.com RegisterFrom Oct. 12, U.S. authorities will begin managing access of 24,000 Venezuelan migrants by air, the statement added. Mexico would "temporarily" allow some Venezuelan nationals to enter Mexico through the U.S. border, the statement said. Venezuelans who enter Mexico from Oct. 12 will not be able to apply to enter U.S. territory from Mexico.

☆ Mexican union calls for U.S. probe into alleged labor abuses at Panasonic plant
▼ + stars: | 2022-04-18 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +4 min

"They were given a contract they didn't even know about," Moreno said of the Panasonic deal with rival union SIAMARM. The dispute at Panasonic grew out of a vote last year in which workers rejected their union contract. Labor authorities then scheduled a vote April 21-22 for workers to choose between two other unions vying to take over the contract - SNITIS and SIAMARM. However, SNITIS says Panasonic signed a contract with SIAMARM ahead of the April election and began to withhold union dues from worker paychecks. SIAMARM, part of one of Mexico's biggest labor groups, the Confederation of Mexican Workers (CTM), could not be reached for comment.

☆ Planurile a doi moldoveni, care au încercat să scoată din țară zeci de mii de țigarete de contrabandă, dejucate de câinii Serviciului Vamal (VIDEO)
▼ + stars: | 2021-05-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Planurile a doi moldoveni, care au încercat să scoată din țară zeci de mii de țigarete de contrabandă, au fost dejucate de câinii Serviciului Vamal, Daina și Dunai. Cazurile au fost înregistrate la posturile vamale ”Leușeni” și ”Cahul”, fiind ridicate în total 53.000 de țigarete. Primul caz a fost înregistrat la Leușeni. Vameșii au depistat 33.000 de țigarete, fără timbre de acciz, în rezervorul pentru combustibil a unui autocar ce efectua cursa regulată Chișinău-Timișoara. Produsele de tutungerie au fost confiscate, iar mijloacele de transport au fost indisponibilizate pe teritoriul vămii, în vederea confiscării sau încasării contravalorii acestora.

Organizations: Vameșii, Uniunii Europene Locations: Daina, Cahul, Leușeni, Chișinău, Timișoara, Republicii Moldova

☆ Zeci de mii de țigarete ce urmau să ajungă ilegal pe piața UE, depistate de patrupezii Serviciului Vamal /VIDEO
▼ + stars: | 2021-05-28 | by ( ) ziuadeazi.md time to read: +1 min

Câinii Serviciului Vamal, Daina și Dunai, au dejucat planurile a doi moldoveni de a scoate din țară zeci de mii de țigarete, prin eludarea controlului vamal. Cazurile au fost înregistrate la posturile vamale ”Leușeni” și ”Cahul”, fiind ridicate în total 53 000 de țigarete. Acesta a fost modificat prin sudarea unui perete dublu, care delimitează combustibilul de locul în care erau tăinuite produsele din tutun. Ca urmare a demontării rezervorului, funcționarii vamali au descoperit 33 000 țigarete ”Ashima”, fără timbre de acciz. Și de această dată, câinele specializat în detecția produselor din tutun a semnalat prezența țigărilor în autovehicul.

Persons: Vameșii Organizations: Uniunii Europene Locations: Daina, Cahul, Chișinău, Timișoara, Kent, Republicii Moldova

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