Page 5 - Mexico

Larsen & Toubro dispatches six of world's largest coke drums to Mexico

Larsen & Toubro (L&T) on Thursday said its heavy engineering arm has dispatched six of the world's largest coke drums to Mexico. These coke drums were successfully manufactured during the COVID-19 pandemic at L&T's state-of-the-art Heavy Engineering Complex located at Hazira near Surat, the company said in a statement. "The heavy engineering arm of Larsen & Toubro, dispatched six of the world's largest coke drums weighing 658 tons each for a refinery project in Mexico ordered by PTI Infraestructura de Desarrollo, (PTI-ID), a subsidiary of the Mexico's state-owned oil company PEMEX (Petrleos Mexicanos)," the statement said. These coke drums are part of a delayed coking unit in the PEMEX Dos Bocas Refinery Project, which will convert the residue from the combined distillation plant into higher-value products. "We thank PTI-ID for reposing faith in L&T for supplying world's largest Coke Drums for such prestigious project. It's heartening to have lived up to the ...

Mexico studies antitrust implications of Citi sale, expects bidder interest

Ministry says the departure from Mexico of the country's no. 3 consumer bank 'raises delicate matters for the finance and regulatory authorities'.

Citi to exit Mexican consumer business as part of strategy revamp

Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail presence in the country

Mexican president Manuel López Obrador says he has Covid-19 for second time

Mexico's president announced on Monday he has come down with COVID-19 a second time, as coronavirus infections spike in Mexico and virus tests become scarce. President Andrs Manuel Lpez Obrador wrote that he tested positive, after he had sounded hoarse at a morning news briefing. He contracted COVID-19 and recovered from it the first time in early 2021. Even though the symptoms are light, I will remain isolated and only work from the office and hold on-line meetings until further notice, the president wrote in his social media accounts. In the meantime, Interior Secretary Adn Augusto Lpez Hernndez will take over for me at press conferences and other events. Two of the president's Cabinet secretaries, the heads of the Environment and Economy departments, announced they had tested positive in recent days. Earlier on in the day, the president told Mexicans to just assume they had COVID-19 if they had symptoms. The number of confirmed cases spiked by 186 per cent last week. Lpez Obra

Mexico aims to suspend crude oil exports by 2023: State-owned Pemex

Mexico's state-owned oil company Petroleos Mexicanos (Pemex) is looking to suspend its crude exports by 2023 to allocate all of its output toward domestic consumption, CEO Octavio Romero has said.

6.0-magnitude earthquake hits 217 km SW of La Cruz de Loreto, Mexico

An earthquake with a magnitude of 6.0 jolted 217 km SW of La Cruz de Loreto, Mexico at 23:22 GMT on Wednesday, the US Geological Survey said.

53 migrants dead, 54 injured after cargo truck crashes in south Mexico

A cargo truck jammed with people rolled over and crashed into a pedestrian bridge over on a highway in southern Mexico on Thursday, killing at least 49

Mexico reports first case of Covid variant Omicron in S Africa returnee

Mexico detected its first case of the Covid-19 Omicron variant in a person who arrived in the country from South Africa on November 21, the Health Ministry has said.

Mexico overhauls handling of migrants at south border to release pressure

Benjamn Villalta couldn't believe that a Mexican immigration office would open in the middle of the night to give him visaallowing them to move about Mexico and work.

EAM S Jaishankar in Mexico on 3-day visit to boost bilateral cooperation

External Affairs Minister S Jaishankar is paying a three-day visit to Mexico beginning Sunday with an aim to boost bilateral cooperation in trade and investment as well as other areas.

United States steps up effort to unite families separated under Trump

The Biden administration is expanding its effort to find and reunite migrant families who were separated at the US-Mexico border under President Donald Trump

Oil price jumps as storm approaches Gulf of Mexico production hub

Oil prices rose on Friday and were on track to post big gains for week on worries about supply disruptions as energy companies began shutting production in Gulf of Mexico ahead of possible hurricane

Hurricane Grace lashes eastern Mexico, causing power outages, felling trees

Federal authorities said much of central and eastern Mexico would be hit by torrential rain, but did not provide any early word of the damage caused by Grace.

India, Mexico markets push Walmart international business grow 13% in Q2

US retail giant Walmart saw its operations in markets like India, China and Mexico push its international business growth by 13 per cent in the second quarter ended July 31

World Covid dispatch: FDA clears third shot for immunocompromised patients

Thailand coronavirus cases hit record high, US FDA amended the emergency use authorizations for both Pfizer-BioNTech and Moderna Covid-19 vaccines

World Coronavirus Dispatch: Fauci favors boosters for most vulnerable

Fauci favours booster shots for vulnerable, Deaths in Russia remain near last month's record high, with 787 deaths in the last 24 hours

Mexico's economy rebounds 19.7% helped by strong showing across sectors

The agricultural sector grew 6.7 per cent year-on-year

Two-wheeler maker Hero MotoCorp commences retail operations in Mexico

Hero MotoCorp has established presence in various global markets over the last few years.

Mexican President calls for 'new coexistence' of American states

Mexican President Andres Manuel Lopez Obrador called for 'a new coexistence' of all countries of Americas after stating that model imposed more than two centuries ago 'is exhausted; it has no future'.

Mexico opens Olympics with 4-1 victory over France in soccer

Alexis Vega scored the first of four second-half goals for Mexico in a 4-1 victory over France on Thursday in the men's Olympic soccer tournament. Mexico, which won gold at the 2012 Olympics, had the better chances in the first half but the game was scoreless at the break. Vega scored first in the 47th minute and Sebastian Cordova added a second in the 55th. Andre-Pierre Gignac, who plays for Mexican club Tigres, scored from the penalty spot in the 70th minute to narrow the gap for France, which won the Olympic title in 1984. But Uriel Atuna put Mexico ahead 3-1 in the 80th and Eduardo Aguirre added a goal in stoppage time for El Tri. While the Olympics is for under-23 squads, coaches are able to name three players born after 1997. So teams in Tokyo are dotted with stars, including Florian Thauvin, who won the 2018 World Cup with France and also plays for Tigres. Mexico's team featured goalkeeper Guillermo Ochoa, a 36-year-old veteran of four World Cups, and Club America teammate .