'Business' category snapshot.

This is a static snapshot in time. For the latest 'Business' news, see:  News Wire Mexico: Business →

For all the latest news, see:  News Wire Mexico →

Published August 11, 2020 5:41 am (Mexico City time).

UK job losses hit decade-high, worse seen ahead.

The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labour market as the government winds down its huge job-protection scheme.

Published by Reuters at August 11, 2020 5:25 am.

Reuters →
UK's Heathrow Airport passenger numbers down 88% amid ongoing travel restrictions.

Britain's Heathrow Airport renewed its call for COVID-19 testing at airports on Tuesday as it reported an 88% plunge in July passenger numbers due to ongoing restrictions on travel which it said were strangling the UK economy.

Published by Reuters at August 11, 2020 5:00 am.

Reuters →
Private transport in companies fails to comply with healthy distance for workers.

Leon, Gto. "We did not rest, they did send some, but right now we are all here and we are always here in the van as you see it, and to each one whether or not they want to wear a mask", says Gerardo, who works for a cement company, in the van 8 people go, although not totally together it is complicated ...

Published by Zona Franca at August 11, 2020 4:00 am.

Zona Franca →    English →
Pandemic chokes almost 10,000 requests for information.

Cynthia Cantero, president of the Itei, highlights that pending requests must be answered within eight business days

Published by El Informador at August 11, 2020 4:00 am.

El Informador →    English →
Indonesia retail sales contract in June but slower, central bank says.

Indonesia's retail sales fell 17.1% in June year-on-year, slowing from the previous month's contraction, a central bank survey showed on Tuesday.

Published by Reuters at August 11, 2020 2:25 am.

Reuters →
BoE to step up QE if economy slows again, deputy governor says - The Times.

The Bank of England will step up on quantitative easing (QE) if the British economy slows and struggles again, Deputy Governor Dave Ramsden said in an interview published on Tuesday, adding to his previous comments that BoE has more headroom to act.

Published by Reuters at August 11, 2020 12:30 am.

Reuters →
Dollar holds its ground as investors await U.S. stimulus talks.

The dollar held overnight gains on Tuesday following seven weeks of an almost relentless fall as investors clung to hopes of a bipartisan stimulus deal in Washington and U.S. bond yields rebounded from multi-month lows.

Published by Reuters at August 11, 2020 12:00 am.

Reuters →
Cuerámaro private school announces closure for this school year 2020-2021.

Cuerámaro, Gto.- After 76 years of being in the educational service in Cuerámaro, the 'Cristóbal Colón' school announced its closure for this school year that is about to begin, as a result of the economic impact that the Covid-19 A pandemic brought with it Through a statement, the authority of said private institution that offered ...

Published by Zona Franca at August 10, 2020 11:24 pm.

Zona Franca →    English →
Restart of economic activities approved.

San Miguel de Allende, Gto. - As of Wednesday, August 12, the reopening of productive activities in San Miguel de Allende begins, as approved by the City Council. As anticipated since August 5, President Luis Alberto Villarreal García, the plenary session of the City Council unanimously approved the Protocols for the ...

Published by Noticias Con Valor at August 10, 2020 11:02 pm.

Noticias Con Valor →    English →
Traders protest in front of the Acámbaro presidency.

Acámbar, Gto.- Some 100 merchants blocked access to the Municipal Presidency for a few hours, rejecting the creation of two street markets in the city. The merchants accused Josefina Sánchez Silva, director of the Directorate for Women, who allegedly formed two tianguis and caused unfair competition. The merchants accused that, after more than ...

Published by Zona Franca at August 10, 2020 10:54 pm.

Zona Franca →    English →
Investors call for greater Rio accountability over destroyed ancient caves.

British and Australian investment funds said on Monday that Rio Tinto's testimony last week over its destruction of ancient caves in Australia raised questions about the accountability of its senior leadership.

Published by Reuters at August 10, 2020 10:00 pm.

Reuters →
The members of the Labor Equality Committee protest.

The objective will be access to work, training and job promotion, among other points

Published by El Sol de Puebla at August 10, 2020 9:47 pm.

El Sol de Puebla →    English →
No, Americans Aren’t Suddenly Flying Again, Despite What the Media Said Today to Boost Stocks of Airlines and Boeing.

But another $25-billion taxpayer bailout is tucked into the stimulus package. The stock market loves bailouts and hates the effects of capitalism.

Published by Wolf Street at August 10, 2020 9:19 pm.

Wolf Street →
Voluptuous, makeup and designer dresses: who are the buchonas and what is their relationship with the drug trafficker.

They are charming and beautiful women, some of them have been more than partners of drug traffickers, they have been leaders in that market

Published by Infobae at August 10, 2020 9:01 pm.

Infobae →    English →
Australia business conditions improve, but new lockdown slugs sentiment - survey.

A measure of Australian business conditions rose in July as the service sector rebounded from a national lockdown, but confidence was badly hit by a renewed outbreak of coronavirus in the second most populous state of Victoria.

Published by Reuters at August 10, 2020 9:00 pm.

Reuters →
Two Municipal Services employees die, one from COVID-19, in the capital.

Guanajuato, Gto. In the last week two employees of the general direction of Municipal Services died, one due to COVID-19 and the other due to an accident. This was confirmed by the municipal president, Alejandro Navarro Saldaña, who specified that this Monday morning an employee assigned to the Public Lighting area suffered an accident ...

Published by Zona Franca at August 10, 2020 8:50 pm.

Zona Franca →    English →
National Guard "blocks the way" to turtle from San Luis Potosí.

The rescue was registered in a parcel company, when the officials carried out an inspection and detected that a kind of protected land was intended to be sent to a home in the state of Michoacán, so they proceeded to secure it. The entry National Guard "closes the way" to a turtle from San Luis Potosí was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 8:32 pm.

La Voz de Michoacán →    English →
Angry grandfather messes with everything and picks up OXXO.

Mexico City. (Source: Excelsior) .- A man took his truck and crashed it in a convenience store located in the town of San Cayetano, in Tepic, after employees denied him the service for not bringing face masks. I saw that he went inside, I think that there are comments that do not ...

Published by CSC Noticias at August 10, 2020 8:31 pm.

CSC Noticias →    English →
Healthy Living, among the new subjects of the SEP.

The opinion of teachers will be taken into account in the contents of books: Esteban Moctezuma

Published by Quadratín Michoacán at August 10, 2020 8:28 pm.

Quadratín Michoacán →    English →
States strain to carry out Trump order on unemployment aid.

RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially...

Published by The Associated Press at August 10, 2020 8:19 pm.

The Associated Press →
Two minors are arrested for attempted robbery in Los Olivos.

Celaya, Gto.- Two minors were detained by elements of the Municipal Police when they tried to rob a store in Los Olivos. Through the “pegasus” operation, the Police elements thwarted a robbery to the detriment of a business located in the Los Olivos neighborhood, achieving the arrest of two minors, in possession of ...

Published by CSC Noticias at August 10, 2020 8:08 pm.

CSC Noticias →    English →
Goodbye to Toshiba laptops: with the sale of Dynabook, it leaves that sector of the market.

The Japanese company launched in 1985 what is considered the first laptop in the world, the Toshiba T1100, and it was always a pioneer in the field. first in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 7:47 pm.

La Voz de Michoacán →    English →
Twitter also wants TikTok and with it could overshadow Microsoft.

Despite the interest shown by the company, experts agree that it will not be able to compete against an offer from the multinational technology company, since it is presumed that it does not have the necessary capital. The entry Twitter also wants TikTok and with it could overshadow Microsoft, it was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 7:24 pm.

La Voz de Michoacán →    English →
Puerto Vallarta – Riviera Nayarit region gradually recovers air connectivity.

Eleven commercial airlines both national and international gradually restarted operations in June, landing at the Lic. Gustavo Díaz Ordaz International Airport and reconnecting the Puerto Vallarta-Riviera Nayarit region with top cities in Mexico and the United States. This is how, after a four-month hiatus, the airlines are contributing to the economic and tourist reactivation of ...

Published by Puerto Vallarta News at August 10, 2020 7:16 pm.

Puerto Vallarta News →
Here’s How Oil Could Skyrocket By 138%

The market is gradually beginning to give credence to something I've been discussing in past OilPrice articles for a long time now. In a June, 2020 article entitled, Underinvestment Could Send Oil Prices Soaring, I argued how the retrenchment and lack of capital investment the industry has seen the past five-years would lead to shortages of crude eventually. The huge volume of Saudi overproduction exacerbated the equal largess in American shale for the past couple of years, and led to a glut of crude globally. EIA-WPSR The blue line shows…

Published by OilPrice.com at August 10, 2020 7:00 pm.

OilPrice.com →
The top 3 unanswered questions about Trump's executive orders on coronavirus relief.

Will Trump's orders face legal challenges? How soon will the new unemployment benefit be available? Will all Americans be protected from evictions?

Published by USA TODAY at August 10, 2020 6:45 pm.

USA TODAY →
142 million pesos are allocated to maintain the streets of the Historic Center.

Some councilors mentioned that it should be invested in distance education issues because that is a priority during the contingency

Published by El Sol de Puebla at August 10, 2020 6:30 pm.

El Sol de Puebla →    English →
There will be no national or patronal holidays, I ask for your patience: LAV in meeting with merchants.

The municipal president, Luis Alberto Villarreal García in a meeting with all the leaders of the merchants of the tianguis on Tuesdays and Sundays, markets and squares asked them for patience and more participation to start up the sector at 50%, starting this Wednesday 12 of August. At the same time, Villarreal García thanked ...

Published by Noticias Con Valor at August 10, 2020 6:28 pm.

Noticias Con Valor →    English →
ECLAC reiterates the importance of strengthening regional agreements.

Faced with an economy facing the worst crisis of the century derived from the covid-19 pandemic, ECLAC reiterated the importance of strengthening regional agreements.

Published by Milenio at August 10, 2020 6:27 pm.

Milenio →    English →
China Sinopharm begins final phase of coronavirus vaccine trials.

Mexico City.- The Chinese state pharmaceutical company Sinopharm has begun phase III of clinical trials of the Covid-19 vaccine in Bahrain, after launching similar trials in the United Arab Emirates last month, it was reported this Monday. According to Forbes Mexico, the human trial, which began in mid-...

Published by Cambio de Michoacán at August 10, 2020 6:16 pm.

Cambio de Michoacán →    English →
Sanitizing mats are given away to protect merchants in the capital.

Guanajuato, Gto. The municipal government of Guanajuato invested more than 120 thousand pesos in the purchase of a thousand sanitizing mats that will be given to businesses that do not have this sanitary measure in the face of COVID-19. Mayor Alejandro Navarro commented that the acquisition of these objects is part of the economic reactivation measures ...

Published by Zona Franca at August 10, 2020 6:15 pm.

Zona Franca →    English →
With the application of these protocols, gyms and swimming pools reopen in León.

Leon, Gto. The instructors and owners of establishments dedicated to sports practice, promised to follow each of the recommendations to the letter, to prevent outbreaks of COVID-19 among their employees or customers. This was stated by the representative of the Unión de Gimnasios de León, Ramón Ortega. With the official authorization ...

Published by Zona Franca at August 10, 2020 6:15 pm.

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Opposition requested a report from Hugo López-Gatell on investment and distribution of vaccines against COVID-19.

Legislators seek to know how many doses will be purchased, how they will be physically distributed to the various states of the Republic and what criteria they will take to distribute them

Published by Infobae at August 10, 2020 6:13 pm.

Infobae →    English →
Mall owner Simon Property profit disappoints as pandemic cuts shopping days.

America's largest mall operator Simon Property Group Inc missed Wall Street estimates for quarterly profit on Monday, hurt by unpaid rent from retailers due to the COVID-19 pandemic that also led to a loss of 10,500 shopping days.

Published by Reuters at August 10, 2020 6:00 pm.

Reuters →
Money offered for info on former ‘Tiger King’ star husband.

ST. PETERSBURG, Fla. (AP) — The family of a Florida man who disappeared in 1997 and who appeared on the hit TV series “Tiger King,” has hired a lawyer and is offering $100,000 in exchange for...

Published by The Associated Press at August 10, 2020 5:44 pm.

The Associated Press →
Get to know the movies that Morelia's "drive-ins" bring for this weekend.

With the theme of the pandemic, drive-ins in the capital of Michoacán have become one of the ways to have a good time in the company of family, friends or partner safely, so here we bring you the programming for next Friday , Saturday and Sunday. The entry Meet the movies that the Morelia "drive-ins" bring for this weekend was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 5:22 pm.

La Voz de Michoacán →    English →
Sanitizing arches.

With an investment of more than three million Mexican pesos, 37 sanitizing tunnels were installed in the municipality of San Miguel de Allende, which were distributed between the historic center of the city, the entrances to the cityhall building and the Center for Community Development (CEDECOM). La entrada Sanitizing arches se publicó primero en Atención San Miguel.

Published by Atención San Miguel at August 10, 2020 5:09 pm.

Atención San Miguel →
Alert in the district of Jiquilpan about the delivery of plates and cloned driver's licenses.

Juan Carlos Miranda, Revenue Administrator in Jiquilpan, pointed out that the State Finance Secretariat does not collect through individuals. The Alertan entry in the Jiquilpan district about the delivery of plates and cloned driver's licenses was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 4:28 pm.

La Voz de Michoacán →    English →
Credit demand will improve, but conditions will be limited: Banxico.

Credit demand was affected by the covid-19 pandemic, financial institutions reported a narrowing in consumer credit items.

Published by Milenio at August 10, 2020 4:24 pm.

Milenio →    English →
PRI announces three actions to rescue national tourism.

The PRI leader, Alejandro Moreno, affirmed that the damage caused by Morena to the tourism sector goes beyond the ridicule generated by his peculiar translations

Published by Diario de Querétaro at August 10, 2020 4:22 pm.

Diario de Querétaro →    English →
Municipal government trained 50 communities for self-employment.

Morelia, Michoacán.- The Government of Morelia gave workshops to 1,350 young people, women, men and people with disabilities in the Training and Development Centers of the DIF Morelia. This with the aim of generating self-employment and supporting the economy of Morelian families. During the second year of the current administration, an investment was made ...

Published by Cambio de Michoacán at August 10, 2020 4:15 pm.

Cambio de Michoacán →    English →
They seek to avoid school dropouts by awarding scholarships for primary school students from Celaya.

Celaya; Gto.- The COVID-19 pandemic also had an impact on education, where a drop in enrollment is recognized and, to avoid school dropouts due to economic vulnerability, primary school students will be supported with school scholarships. The City Council's Education Commission approved the application of resources from the Stimuli Program ...

Published by Zona Franca at August 10, 2020 3:59 pm.

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Population in working poverty decreases to 48% in June.

Morelia, Michoacán.- With the opening of some economic activities during the period called “New Normality”, the percentage of people in working poverty reached 48.1 percent in June, which represented a reduction of 6.8 percentage points compared to May, when a record level of 54.9 percent was registered, the Council reported ...

Published by Cambio de Michoacán at August 10, 2020 3:53 pm.

Cambio de Michoacán →    English →
Artisans tell how the Covid pandemic affected them.

SAN MIGUEL DE ALLENDE. - We bring you the story of three artisans from San Miguel: Hermes, Ignacia and Edith, who tell us how the issue of the pandemic affected them, since with the arrival of Covid-19 the economy stopped, almost all the businesses in San Miguel had to close, in particular ...

Published by News San Miguel at August 10, 2020 3:52 pm.

News San Miguel →    English →
Report 22 officials of the Government of Celaya sick with COVID-19.

Celaya; Gto.- There were 22 municipal government employees who were infected with COVID-19 according to the data update from July 10 to August 10 presented by the Mayor's Office through the Occupational Medicine area. The highest number of positive cases was presented in the Secretariat of Security with five sick officials ...

Published by Zona Franca at August 10, 2020 3:49 pm.

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Life with coronavirus: How businesses are turning to tech to cope with COVID-19.

Companies are navigating the three stages of COVID, moving beyond sneeze guards and looking to integrate more technology solutions, writes Mike Feibus.

Published by USA TODAY at August 10, 2020 3:33 pm.

USA TODAY →
UTC students develop digital business models.

Based on the use of Big Data, also called big data or large-scale data, which allow efficient decision-making

Published by Diario de Querétaro at August 10, 2020 3:03 pm.

Diario de Querétaro →    English →
“We are One” craft fair announced in the CH of Puebla.

This initiative seeks to reactivate this economic sector

Published by El Sol de Puebla at August 10, 2020 2:57 pm.

El Sol de Puebla →    English →
The economy must adapt to coexist with COVID-19: Arturo Herrera.

The Secretary of Finance describes in an opinion column the way in which the different global economies have adapted after the arrival of the pandemic

Published by Infobae at August 10, 2020 2:57 pm.

Infobae →    English →
Start the delivery of municipal scholarships.

Celaya Gto.- Began the delivery of municipal scholarships that in 2020 will benefit 1,702 students from Celaya, from primary to higher and special education levels. President Elvira Paniagua participated in the start of the delivery of economic incentives that due to the health contingency, and to avoid crowds, will be carried out ...

Published by CSC Noticias at August 10, 2020 2:35 pm.

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Equinor Shakeup Hastens To Move Away From Oil.

Norway’s oil major Equinor announced on Monday that its incoming chief executive Anders Opedal – who will replace retiring Eldar Sætre in November – has a mandate from the board of directors to accelerate Equinor’s transition from an oil company to a broad energy company. Opedal, who was last Executive Vice President Technology, Projects and Drilling at Equinor, will assume the CEO role on November 2. “Equinor is entering a phase of significant change as the world needs to take more forceful action to…

Published by OilPrice.com at August 10, 2020 2:30 pm.

OilPrice.com →
This Tuesday begins restriction of public transport to those who do not wear a mask.

Celaya Gto.- Starting this Tuesday and without a refund of your money, you would be taken off public transport in Celaya for not wearing a face mask, informed the Director of Mobility, José Trinidad Martínez Soto. This Monday is the last day of the awareness campaign, as well as the distribution of face masks that were worn during the ...

Published by CSC Noticias at August 10, 2020 2:29 pm.

CSC Noticias →    English →
They predict recovery of 30 thousand jobs after economic reopening in Puebla.

About 589 companies were certified as the QR code to restart activities

Published by El Sol de Puebla at August 10, 2020 2:19 pm.

El Sol de Puebla →    English →
COVID-19 testing 'very likely' when Royal Caribbean returns to cruising, executive says.

Royal Caribbean Group is considering coronavirus testing as part of its plan to resume sailing, a company executive said.

Published by USA TODAY at August 10, 2020 2:19 pm.

USA TODAY →
McDonald's sues former CEO for having sex with female employees.

McDonald's sued its former CEO, Steve Easterbrook, of Britain, on Monday for lying about alleged inappropriate relationships with company employees. Easterbrook, 53, was fired in November 2019 for having a "consensual" relationship with a staff member, contrary to company rules. But McDonald's said ...

Published by CSC Noticias at August 10, 2020 2:13 pm.

CSC Noticias →    English →
Jim Farley new president of Ford, driven by love of cars.

Ford's new CEO faces the threat of electric car tech giants as he seeks to restructure the company.

Published by Milenio at August 10, 2020 1:58 pm.

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Jolie seeks removal of private judge in Pitt divorce case.

LOS ANGELES (AP) — Angelina Jolie asked Monday that the private judge overseeing her divorce from Brad Pitt be disqualified from the case because of insufficient disclosures of his business...

Published by The Associated Press at August 10, 2020 1:56 pm.

The Associated Press →
At SMA, they insist on the constant use of the face mask.

San Miguel de Allende, Gto., - The security measures through Public Security elements called Safe Distance Guardians ”to prevent, attend to and contain the Covid-19 are strengthened; with the opening to 50 percent of the tourism sector, as of August 12. In the first square of the city they are informed ...

Published by Zona Franca at August 10, 2020 1:55 pm.

Zona Franca →    English →
McDonald's sues former boss for lying about sex with staff.

The company is seeking to recover about $ 40 million in severance pay and benefits paid to the former CEO in the wake of his firing last year.

Published by Diario de Querétaro at August 10, 2020 1:53 pm.

Diario de Querétaro →    English →
McDonald's sues ousted CEO, saying he lied about sexual affairs with employees.

McDonald's Corp said on Monday it sued former Chief Executive Steve Easterbrook to recoup tens of millions of dollars in severance and benefits, claiming he covered up and lied about sexual relationships with at least three employees.

Published by Reuters at August 10, 2020 1:25 pm.

Reuters →
They make a second budget modification, they have stopped receiving 97 million pesos.

Celaya By: Karen Delgado.- The second budget modification suffered a reduction in the order of two million 901 thousand 241 pesos, derived from the fall in municipal collection for taxes and other services, as confirmed by the trustee Jorge Armengol, presiente of the Finance Commission. He explained that during the last 5 months the municipality stopped ...

Published by CSC Noticias at August 10, 2020 1:24 pm.

CSC Noticias →    English →
Gas pipeline explodes in uptown Baltimore, trapping multiple people.

Employees at an Applebees restaurant two blocks away told local CBS station WJZ. that they felt the shock wave of the explosion, which threw debris on the sidewalk and the street. The entry Gas pipeline explodes in a residential area of Baltimore and leaves several people trapped was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 1:13 pm.

La Voz de Michoacán →    English →
The Capital Temporary Employment Program starts.

Luis Nava welcomed the two thousand participants who will help in activities to sanitize public spaces, among others

Published by Diario de Querétaro at August 10, 2020 1:09 pm.

Diario de Querétaro →    English →
Russian watchdog says Apple abused mobile app market dominance.

Russian competition watchdog FAS on Monday said that Apple Inc has abused its dominant position in the mobile apps market through its App Store for iOS devices and will issue an order demanding that the company resolve regulations breaches.

Published by Reuters at August 10, 2020 1:00 pm.

Reuters →
Aramco Aims To Boost Production Capacity To 13 Million Bpd.

While the world is still awash with oil that it cannot quickly get rid of during a time of historic demand crumbling, the world’s largest oil company is looking to raise its production capacity by an extra million barrels per day, according to Reuters. Should the market be fearful? Aramco’s CEO Amin Nasser has confirmed that it is moving ahead with its plans to boost its oil production capacity from 12 million barrels per day to 13 million bpd, causing concern in a market that is already reeling under the weight of excess inventory.…

Published by OilPrice.com at August 10, 2020 1:00 pm.

OilPrice.com →
New Creel International Airport would be ready to receive passengers at the end of March 2021.

The Creel International Airport would be ready to receive passengers at the end of March 2021, since May they already have the resource to complete the work, reported the head of the Ministry of Innovation and Economic Development of the state of Chihuahua, Alejandra de la Vega Arizpe. During the video conference that was offered ...

Published by The Mazatlán Post at August 10, 2020 12:44 pm.

The Mazatlán Post →
U.S. Set To Roll Back Methane Rules For Oil & Gas Industry.

The U.S. Environmental Protection Agency (EPA) expects to finalize and sign this week new rules about methane emissions for the oil and gas sector, including putting an end to requirements that companies have systems in place to detect methane leaks, senior administration officials told The Wall Street Journal. The EPA has proposed updating the Obama administration’s rules on methane emissions and detection. Last year in August, the EPA proposed updates to the air regulations for the oil and gas industry in order to “remove regulatory…

Published by OilPrice.com at August 10, 2020 12:30 pm.

OilPrice.com →
Little tourism arrives in Izamal.

IZAMAL – On the second to last Sunday of the summer vacation in the midst.

Published by The Yucatan Times at August 10, 2020 12:30 pm.

The Yucatan Times →
Freelancers doubled due to the pandemic.

The pandemic promoted the home office, temporary jobs and self-employment in Mexico.

Published by Milenio at August 10, 2020 12:28 pm.

Milenio →    English →
Continues application of covid tests in workers of companies.

Published by Periódico AM at August 10, 2020 12:02 pm.

Periódico AM →
A String Of Bullish News Is Propping Up Oil Prices.

Crude oil markets remained optimistic over the past week supported by several bullish factors. Brent spot prices rose above $46 for the first time since April on a much weaker US dollar, with the dollar index plunging below 94, a level that hasn’t been seen since June 2018. The U.S. dollar was beaten down by rising unemployment data and uncertainty over the trillions in economic stimulus. At the beginning of the COVID-19 crisis, the U.S. dollar index was at record high and was viewed as the no.1 safe haven asset, but during the last…

Published by OilPrice.com at August 10, 2020 12:00 pm.

OilPrice.com →
Municipal authorities take belated steps to combat coronavirus.

They were necessary steps but the majority of people working in the market, who were just eking out a living before, are barely surviving now.

Published by Mexico News Daily at August 10, 2020 11:50 am.

Mexico News Daily →
Cancun International Airport records the busiest weekend since pandemic began.

Cancun, Q.R. — Passenger flights into Cancun continue to increase with the airport releasing new weekend figures of 639 flights. Airport managing company Grupo Aeroportuario del Sureste (ASUR) reported a daily average of 200 operations this weekend, closing with more than 630 scheduled flights. ASUR says on Friday, the airport recorded 199 operations, however, on ...

Published by The Mazatlán Post at August 10, 2020 11:40 am.

The Mazatlán Post →
Tenants of Guadalupe say that 'coperacha' for bows ask for it elsewhere; The Covid left them without money.

SAN MIGUEL DE ALLENDE. - Once again, the works have been taken on Guadalupe Avenue, the La Arcada project that had been left unfinished, started last week. This also started the increase in traffic in the area, the buses were left without stopping to go down to the ...

Published by News San Miguel at August 10, 2020 11:26 am.

News San Miguel →    English →
Federal Reserve announces post-stress test capital ratios for large banks.

The U.S. Federal Reserve announced on Monday how much each large bank that underwent its 2020 stress tests will have to hold in additional capital.

Published by Reuters at August 10, 2020 11:20 am.

Reuters →
They chase a tanner and in 41 seconds they strip him of the money he withdrew from the bank.

After making the withdrawal, the tanner went back to his tannery, he had not realized that five men in a car were watching him.

Published by Periódico AM at August 10, 2020 11:15 am.

Periódico AM →    English →
Saudi Aramco: Asian Oil Demand Recovery Almost At Pre-Crisis Levels.

The world’s biggest oil-producing and oil-exporting company, state oil giant Saudi Aramco, is optimistic about the pace of oil demand recovery in Asia, chief executive Amin Nasser said on Sunday, helping oil prices rise on Monday. “We are seeing a partial recovery in the energy market as countries around the world take steps to ease restrictions and reboot their economies,” Nasser said in a statement following Aramco’s Q2 report released over the weekend. Demand for crude oil in Asia has almost returned to the levels…

Published by OilPrice.com at August 10, 2020 11:00 am.

OilPrice.com →
McDonald's sues former CEO over sex with female employees.

An internal investigation revealed that Stephen Easterbrook, former CEO of McDonald's, withheld evidence and had sex with female employees.

Published by Milenio at August 10, 2020 10:58 am.

Milenio →    English →
44 dead, the balance of the coronavirus in Puebla during the weekend.

Authorities detect 653 new infected; they trust that there will not be a shot of figures after the economic and social reactivation of the entity

Published by El Sol de Puebla at August 10, 2020 10:55 am.

El Sol de Puebla →    English →
Salvador Varela, producer and icon of Mexican theater, dies this Sunday, his son reported.

Mexico City, (However) .- Salvador Varela, a Mexican theater producer, died at dawn this Sunday, as reported by his family, although they did not give details of the causes of death. Gabriel Varela, his son and also a theater producer, made the news known through his Twitter account. “I inform the theater community of the death of ...

Published by Zona Franca at August 10, 2020 10:35 am.

Zona Franca →    English →
They invest 2.6 million pesos in works for Guanajuato.

León corresponds to around 1,600 million pesos.

Published by Periódico AM at August 10, 2020 10:33 am.

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U.S. Oilfield Services Job Losses Accelerate.

The U.S. oilfield services industry lost another 9,000 jobs in July, up by 43 percent compared to the jobs lost in June, Bloomberg quoted the latest report from the Petroleum Equipment and Services Association (PESA) as saying on Monday. Last month, the oilfield services sector in the United States lost another 9,344 jobs, accelerating the job losses from June, with total jobs lost in the oilfield services industry at 99,253 since the pandemic crushed oil prices and oil demand, according to the report. The worst job losses may yet to come, according…

Published by OilPrice.com at August 10, 2020 10:30 am.

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Tourism increases in sma; reinforces ssp covid-19 prevention and containment measures.

San Miguel de Allende, Gto., August 8, 2020.– Security measures to prevent, attend to, and contain Covid-19 are strengthened; with the opening to 50 percent of the tourism sector, as of August 12. In the first box of the city they inform tourists and inhabitants about the use ...

Published by SMA Government at August 10, 2020 10:22 am.

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Carlos Loret: Emilio Lozoya will return two mansions he bought with money from corruption.

Saltillo, (Vanguardia) .— The former head of Pemex, Emilio Lozoya, would have reached an agreement with federal authorities to return two mansions of his property, which have been indicated by the Attorney General's Office (FGR) as having been acquired with resources from bribes. “The federal government is preparing an announcement of great impact in the Lozoya case. According to high-level sources in the current administration, details are being finalized so that the former CEO of Pemex can return two houses that he bought with money ...

Published by Zona Franca at August 10, 2020 10:21 am.

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Plácido Domingo: "I will never retire from music"

The singer did not want to talk about the harassment accusations, and limited himself to referring to the interview he gave to the Italian newspaper "La Repubblica" before traveling to Austria. The entry Plácido Domingo: "I will never retire from music" was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 9:58 am.

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Equinor appoints new CEO to speed up renewable investments.

Equinor has appointed Anders Opedal as its new chief executive as the Norwegian oil and gas group looks to speed up a move into renewable energy.

Published by Reuters at August 10, 2020 9:50 am.

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Gas stations receive recognition from AMLO for good prices.

Find out which gasoline and LP gas brands were recognized for maintaining good prices and being allies of the consumer.

Published by Milenio at August 10, 2020 9:44 am.

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McDonald's accuses ex-CEO Steve Easterbrook of hiding sexual relationships with employees and sending nude photos, videos.

McDonald's accused former CEO Steve Easterbrook of having sexual relationships with three employees and conspiring to destroy nude videos and photos.

Published by USA TODAY at August 10, 2020 9:04 am.

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Saudi Aramco Sticks With Big Dividend Despite Oil Crash.

Saudi Arabia’s oil giant Aramco said it will distribute dividends of $18.75 billion for the second quarter despite taking a severe hit to its earnings from the oil price crash and the coronavirus pandemic that savaged demand for oil products. The company said it had earned a net $6.6 billion during the second quarter, down from $24.7 billion a year earlier. Free cash flow stood at $6.1 billion at the end of June this year, versus $20.6 billion a year earlier. Given this discrepancy between available cash and the size of the dividend, Aramco…

Published by OilPrice.com at August 10, 2020 9:00 am.

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Antonio Banderas is infected with COVID-19; celebrates quarantined birthday.

Banderas explained in his account on the social network Twitter that he is "relatively well, just a little more tired than usual" The entrance Antonio Banderas is infected with COVID-19; celebrates birthday in quarantine was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 10, 2020 8:41 am.

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McDonald's sues ousted CEO, alleging employee relationships.

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with other...

Published by The Associated Press at August 10, 2020 8:21 am.

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Philadelphia Eagles linebacker Jatavis Brown abruptly retires at 26.

Eagles linebacker Jatavis Brown retired after four NFL seasons. He had just signed with the Eagles in March and was expected to be in mix to start.

Published by USA TODAY at August 10, 2020 8:13 am.

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They present 20 projects to solve problems derived from Covid 19.

It is about work in biomedical areas, health systems, social and economic consequences

Published by Quadratín Michoacán at August 10, 2020 8:08 am.

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Will Americans spend the record cash they've saved amid uncertain outbreak and economy?

Americans have been saving record amounts of money amid economic shutdowns and generous federal stimulus checks. When will they spend it?

Published by USA TODAY at August 10, 2020 7:45 am.

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All S&P 500 Sectors and Industries, by Size.

The core of the argument in last week’s discussion on Why Markets Don’t Seem to Care If the Economy Stinks surprised a few people. It is yet another reminder that the world is very complex and we don’t know what we don’t know. At times, it seems that Nobody knows anything. Which is why I… Read More __ The post All S&P; 500 Sectors and Industries, by Size appeared first on The Big Picture.

Published by The Big Picture at August 10, 2020 7:30 am.

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Temasek abandons $3 billion bid for Keppel after conglomerate's loss.

Singapore's Temasek Holdings is terminating its $3 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results.

Published by Reuters at August 10, 2020 7:25 am.

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Shares edge up as positive China industrial data outweighs trade jitters.

Share markets rose on Monday as stronger industrial activity in China offered signs it was recovering from the coronavirus pandemic that outweighed jitters over U.S.-Sino trade tensions.

Published by Reuters at August 10, 2020 6:55 am.

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Pandemic wrecks global Class of 2020's hopes for first job.

LONDON (AP) — British fashion school graduate Phoebe St. Leger’s dream of landing a job at a design label is on hold. Like many others in the global Class of 2020, the pandemic is clouding her...

Published by The Associated Press at August 10, 2020 6:05 am.

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State bakeries survive pandemic.

New color on the traffic light, could improve the bakery business; analyzes the National Chamber of the Bakery Industry Guanajuato delegation

Published by El Sol de Bajio at August 10, 2020 6:00 am.

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10 Monday AM Reads.

My back to work morning train WFH reads: • Do You Know the Difference Between Being Rich and Being Wealthy? To one man, money was a plaything. To another, it was a possibility. Guess which one came out ahead in the end? (Wall Street Journal) • Robinhood app luring and robbing amateurs — like in the… Read More __ The post 10 Monday AM Reads appeared first on The Big Picture.

Published by The Big Picture at August 10, 2020 5:45 am.

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