'Business' category snapshot.

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

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Published August 13, 2020 5:40 pm (Mexico City time).

Potential COVID-19 vaccine developed by Oxford University will be produced in Mexico.

MEXICO CITY (AP) — A potential COVID-19 vaccine developed by Oxford University will be produced in Mexico if its advanced trials are successful and it receives regulatory approval, the government said Thursday. President Andrés Manuel López Obrador said the agreement with pharmaceutical company AstraZeneca, which also provides for production in Argentina, should result in a ...

Published by San Miguel Times at August 13, 2020 5:09 pm.

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Up to 500 pesos a tourist spends in San Andrés Cholula.

In 2019 the tourism sector reported an economic spill of 615 million pesos

Published by El Sol de Puebla at August 13, 2020 4:23 pm.

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Government of Raúl Morón strengthens the appointment of Creative City of Music.

Morelia, Michoacán.- Morelia is the Creative City of Music, an appointment granted by UNESCO worldwide to recognize the talent and musical life that exists in the capital of Michoacán, with the purpose of promoting creative industries and cultural companies as axes of the sustainable development of the municipality. With the formation of the Committee of ...

Published by Cambio de Michoacán at August 13, 2020 4:20 pm.

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Plastics factory workers demonstrate by accident that cost the life of a colleague, in Morelia.

In the plastics factory, the machines are not maintained, in addition to being required to increase production and they work 12-hour shifts
The entry Plastics factory workers manifest by accident that cost the life of a colleague, in Morelia it was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 13, 2020 4:14 pm.

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Carriers out of work and in an economic doldrums; they accuse political interests.

Dealers warned that they no longer have elements to operate

Published by El Sol de Puebla at August 13, 2020 4:08 pm.

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Rocío Nahle, Secretary of Energy, tests positive for coronavirus.

Morelia, Michoacán.- The Secretary of Energy, Rocío Nahle, reported this Thursday that she is in isolation due to Covid-19 contagion. “As I mentioned, I am in isolation due to COVID-19 infection. Attending from my home. Fortunately I am fine, without symptoms and with the recommended treatment, "he said on his Twitter account. The official added that, in ...

Published by Cambio de Michoacán at August 13, 2020 4:05 pm.

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Governor inaugurates Special Meeting Number 6.

Francisco Domínguez, stated that the creation of the Special Board responds to the demand of companies and workers and ends with the lag of more than four decades

Published by Diario de Querétaro at August 13, 2020 3:58 pm.

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Banco de México cut interest rate to 4.5%

The agency pointed out that, after a deep drop during the second quarter of the year, the country's economic indicators are beginning to recover

Published by Infobae at August 13, 2020 3:46 pm.

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I trust in Mexico that governments do not give in to pressure to reopen money orders.

The association expresses its concern about what could be an economic reopening that puts the population at risk

Published by El Informador at August 13, 2020 3:20 pm.

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CDMX invests 864 million pesos in mobility projects for people with disabilities.

Between 2019 and 2020, audible pedestrian traffic lights, sidewalks with accessibility and safe crossings for people with disabilities were placed in CDMX

Published by Infobae at August 13, 2020 3:16 pm.

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With the reactivation of the industry Puebla will recover, says Barbosa.

The president pointed out that the increase in jobs will be reflected in the IMSS register

Published by El Sol de Puebla at August 13, 2020 3:15 pm.

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They warn that they will continue to cancel massive events to prevent contagion.

Because the population refuses to respect the prohibition, many businesses have been closed, as well as parties and celebrations that have had to be vacated.

Published by Periodico Correo at August 13, 2020 3:10 pm.

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They will allow visits to the municipal pantheons of Celaya.

Celaya; Gto.- The economic reactivation traffic light in orange allows the opening of the seven municipal cemeteries, under strict health measures and with groups of no more than 10 people. Álvaro Rivera Rangel, director of Municipal Services, explained that although the doors of the pantheons are still closed, the people who visit the ...

Published by Zona Franca at August 13, 2020 3:08 pm.

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SDES about employment opportunities in the municipality of Celaya.

The Secretariat for Sustainable Economic Development carries out the strategy "Enlace Laboral Celaya 2020" as part of the strategies for economic reactivation and promotion of employment. The call is made through the page and accounts of official networks of the SDES, with which the people who participate in the 'Labor Links' ...

Published by Boletines Dependencias at August 13, 2020 3:02 pm.

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Turning Beer Into Energy.

For beer lovers, it may sound like a tragic waste. For those who abhor waste, it is a tale of the circular economy that could play a vital part in our future. Millions of liters of unsold beer in southern Australia were this year converted into biogas that was then used to power a wastewater treatment plant. The beer that went stale was one of the many commercial casualties of the coronavirus pandemic. When Australia went on lockdown in the spring, pubs, bars, and restaurants closed, leaving tons of produce unconsumed. But rather than taking a…

Published by OilPrice.com at August 13, 2020 3:00 pm.

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Tellurian Scraps Two LNG Pipelines To Cut Costs.

Tellurian is deferring all but one pipelines associated with the first phase of its proposed Driftwood liquefied natural gas (LNG) export project, the LNG producer said in an investor presentation. Tellurian has been trying to cut costs for its Driftwood LNG production and export terminal on the west bank of the Calcasieu River, south of Lake Charles, Louisiana, in view of the depressed market conditions for natural gas amid the pandemic. Tellurian has achieved cost reductions of 30 percent in its phase 1 planning for the project, including…

Published by OilPrice.com at August 13, 2020 2:30 pm.

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400 vacancies offered through the strategy enlace laboral 2020.

Celaya Gto.- With more than 400 vacancies that were offered by 12 companies in the region, Celaya was the state headquarters for the launch of the strategy "Labor Link 2020" that aims to reactivate employment with a new face-to-face modality, but with prior registration. President Elvira Paniagua participated in the opening of this conference, in ...

Published by CSC Noticias at August 13, 2020 1:25 pm.

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It would be impossible not to expect delinquencies in the following months: Banco Santander.

Due to the Covid-19 crisis, in Mexico 925 thousand 490 jobs have been lost, of which 75.1 percent correspond to permanent

Published by Diario de Querétaro at August 13, 2020 1:12 pm.

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Enrollment in private preschools in Guanajuato is low.

Several private preschools had to close, due to the economic crisis caused by the pandemic.

Published by Periódico AM at August 13, 2020 1:08 pm.

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Israel and the United Arab Emirates sign historic peace agreement.

U.S. Source: AFP.- A phone call between Donald Trump, Prime Minister Benjamin Netanyahu and Emirati Sheikh Mohammed Bin Zayed has ended in a historic peace agreement between the United Arab Emirates (UAE) and Israel, a pact negotiated by the United States, according to a joint statement between Washington and Abu Dhabi issued by Donald Trump ...

Published by CSC Noticias at August 13, 2020 1:01 pm.

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They will carry out Expo Puerta de Oro in support of local commerce and its economic reactivation.

This idea was born out of the concern of some merchants in the local area and the shoal area who have lost their client portfolio due to the situation

Published by El Sol de Bajio at August 13, 2020 12:47 pm.

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The municipality's economic reactivation continues.

Published by Periódico AM at August 13, 2020 12:25 pm.

Periódico AM →
Xbox Series X console will go on sale in November along with 100 optimized video games.

Madrid, (Europa Press). Xbox, Microsoft's video game unit, has confirmed that its next-generation Xbox Series X console will be released in November along with more than 100 optimized video games. The new console, which was announced in December 2019, will be the company's “fastest and most powerful console”, ...

Published by Zona Franca at August 13, 2020 12:22 pm.

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León prepares temporary jobs for those who lost their jobs due to the pandemic.

The program is aimed at those who have lost their jobs due to the Coronavirus pandemic.

Published by Periódico AM at August 13, 2020 12:05 pm.

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Finally: Number of People on State or Federal Unemployment Insurance Falls Below 30 Million for First Time Since June: Week 21 of U.S. Labor Market Collapse.

During the week, 1.49 million newly-out-of-work people filed for state or federal unemployment insurance. A huge number of job losses. But more people returned to work.

Published by Wolf Street at August 13, 2020 11:53 am.

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Ranking Covid-19 Crash in Market History.

How the S&P; 500 Performed During Major Market Crashes Source: Visual Capitalist I am working on a column on how concentrated big market indices can get when a handful of firms dominate the market cap (I’ll post it here next week). In the process of researching this, I came across the above chart…
Read More __
The post Ranking Covid-19 Crash in Market History appeared first on The Big Picture.

Published by The Big Picture at August 13, 2020 11:31 am.

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Now they 'lift' Holly; he went with his owner to the store.

SAN MIGUEL DE ALLENDE.- Yesterday afternoon, Holly was "picked up" by employees of Canine Control of San Miguel de Allende. They took her when she accompanied her owner to the store and went to her side. They are from the San Luis Rey neighborhood. Like «Chiquis», from Valle del Maíz, the employees of ...

Published by News San Miguel at August 13, 2020 11:29 am.

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$ 10 million paid for the feasibility study of the Silao-San Miguel de Allende highway.

GUANAJUATO.- The State Government paid almost 10 million pesos to carry out a feasibility study for the Silao-San Miguel de Allende highway project, reported Tarcisio Rodríguez Martínez, head of the Secretariat of Infrastructure, Connectivity and Mobility (SICOM ). Different sources of financing have been analyzed for this project, however, ...

Published by News San Miguel at August 13, 2020 11:21 am.

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IEA Sees 2020 Oil Demand Down 8.1 Million Bpd.

The International Energy Agency expects crude oil demand this year to be 8.1 million bpd lower than it was in 2019, a downward demand forecast revision of 140,000 bpd, the authority said in its latest Oil Market Report. “Global oil demand is expected to be 91.9 mb/d in 2020, down 8.1 mb/d y-o-y. In this Report, we reduce our 2020 forecast by 140 kb/d, the first downgrade in several months, reflecting the stalling of mobility as the number of Covid-19 cases remains high, and weakness in the aviation sector,” the IEA said. A day earlier,…

Published by OilPrice.com at August 13, 2020 11:00 am.

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One hundred merchants settled in Tianguis de La Colmena.

This open-air market will serve to keep a healthy distance and to reactivate the local economy after the health crisis that the pandemic has brought with it

Published by Periodico Correo at August 13, 2020 10:49 am.

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Complaints as medical waste piles up outside Mexico hospital.

Residents of Mexico’s Gulf coast state of Veracruz have complained after photos showed mountains of bagged hospital waste piling up in a patio outside a government hospital. The 10-foot (3-meter) tall garbage pile outside the Adolfo Ruiz Cortines hospital has apparently been growing for a couple of weeks, according to hospital employees and residents of ...

Published by Puerto Vallarta News at August 13, 2020 10:45 am.

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Disney + Releases New Preview of Mulan Live Action; the tape will hit the platform in September.

Madrid, (EuropaPress) .- With the premiere of Mulán already scheduled for Disney +, the Mouse company has just released the first trailer of the long-awaited remake of the animated classic in which the planned launch of the film on the platform is already announced for September 4. The advance, barely a minute, shows the intrepid warrior fighting against the enemies, commanded by Bori ...

Published by Zona Franca at August 13, 2020 10:40 am.

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Shell Looks To Snap Up $9 Billion India Petchem Stake.

Dutch oil major Royal Dutch Shell is planning to snap up a major stake in a petrochemical businesses, according to anonymous sources cited by Reuters. According to the source, Shell signed a memorandum of understanding to pick up a 50% stake in India-based Nayara Energy’s petrochem project. Nayara Energy Limited (formerly Essar Oil Limited), which also runs India’s second-largest single-site refinery that makes up 8% of India’s total refinery capacity, is 49.13% owned by PJSC NK Rosneft, which it picked up in August of 2017. The…

Published by OilPrice.com at August 13, 2020 10:30 am.

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Russia Doesn’t Expect OPEC+ To Change Course.

The OPEC+ panels will not be discussing next week any revisions of the ongoing production cut pact and are not expected to make any major decisions to tweak the deal, Russia’s Energy Minister Alexander Novak said on Thursday. The volatile oil market and the highly uncertain trajectory of global demand recovery has forced the OPEC+ group to have the Joint Ministerial Monitoring Committee (JMMC) hold meetings every month until the end of 2020, instead of ahead of every full OPEC+ meeting only. The meetings of the Joint Technical Committee (JTC)…

Published by OilPrice.com at August 13, 2020 10:00 am.

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STEP BY STEP: Calderón and Peña's impunity pact in Ethylene XXI that cost Mexico 1,935 million.

By Guadalupe Fuentes López –With information from Dulce Olvera Ciudad de México, (However) .– “These are not isolated events but rather a criminal scheme designed and executed by a sophisticated network of corruption in which public employees and businessmen participate to the detriment of Pemex and the national economy. A conspiracy of the State to benefit ...

Published by Zona Franca at August 13, 2020 9:46 am.

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So you can get the QR code to reopen your business in Puebla.

The distinctive accredits that businesses that have health protocols in place for the health emergency caused by Covid-19

Published by El Sol de Puebla at August 13, 2020 9:41 am.

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AMLO ensures universal access to vaccine against Covid-19.

The president pointed out that the cost of the doses is for the supplies since the company will not profit from it, so the poor should be calm

Published by Periodico Correo at August 13, 2020 9:39 am.

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Up to 300 calls per day registers Civil Protection to request certification.

Businesses are in search of the QR code that allows them to reopen in the new normal

Published by El Sol de Puebla at August 13, 2020 9:34 am.

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SEP: how Google Classroom works, the tool with which they will coordinate classes in the most remote areas of the country.

The capture of the jobs that the children must upload to the platform will be carried out by the LEC

Published by Infobae at August 13, 2020 7:50 am.

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Which products are healthier, they propose.

It is required that there is legislation that requires companies to produce a product that contains at least some nutritional elements

Published by Diario de Querétaro at August 13, 2020 7:15 am.

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They have already chosen the color, they only lack resources: public bicycle plan in Morelia requires 29 million pesos.

The alternative transport plan 'Más Biclas' has not been finalized due to lack of money, but the City Council ensures that they continue with the efforts. The entry They already chose the color, only resources are missing: public bicycle plan in Morelia requires 29 million pesos was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 13, 2020 7:00 am.

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Watch out! Businesses that exceed the quota allowed in the New Normal will close.

Barbosa will issue a decree to empower the State Civil Protection to carry out these operations after the first weekend of reopening

Published by El Sol de Puebla at August 13, 2020 6:00 am.

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10 Thursday AM Reads.

My morning train WFH reads: • To The Brink and Back in 175 Days: The return to February high is faster than past bear markets in a lopsided recovery with gains dominated by tech stocks (Bloomberg) • Warehouses and Data Centers, Market Favorites, Have Downsides: These real estate investments are pandemic investor front-runners, with high… Read More __ The post 10 Thursday AM Reads appeared first on The Big Picture.

Published by The Big Picture at August 13, 2020 5:45 am.

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Carrier Fantasy: Armored Tracks.

"The coronavirus with us is shielding us," expressed the leader of carriers, Daniel Villaseñor, as if it were a new Russian promise to vaccinate and make everyone immune from the lethal enemy: the coronavirus. Promising, although unrealistic, were the statements of the businessman before the tourism sector of León, who heard how Villaseñor ...

Published by Zona Franca at August 13, 2020 4:00 am.

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ASF documented alleged diversion of 3,134 million in the Rosario Robles Sedatu.

The agency could not classify the act as patrimonial damage because it could not identify the destination of the money

Published by Infobae at August 13, 2020 3:50 am.

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CDMX government prepares loans to the services sector due to the economic crisis of the health emergency.

Hotels, restaurants and shops will be the beneficiaries of programs that they prepare together with the Ministry of Finance, Banobras, among others

Published by Infobae at August 13, 2020 3:00 am.

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Private universities in Veracruz offer discounts in the event of a crisis.

In Veracruz, the economic crisis has made students leave school to work

Published by Diario de Querétaro at August 13, 2020 1:20 am.

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The Fairs 'silenced' with the pandemic.

Some “ferieros” try to survive by selling ceramic piggy banks and sweets on the street, or asking for donations while the authorities authorize the reopening of the business

Published by Periodico Correo at August 12, 2020 11:22 pm.

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The paving of streets in Dolores Hidalgo is progressing well; Miguel Angel Rayas.

Dolores Hidalgo, Gto. Favoring the social development of the Cradle of National Independence, the Municipal President Miguel Ángel Rayas Ortiz met with the inhabitants of the Loma Bonita and Mariano Balleza colonies to begin the paving of the streets Privada de Libertad and Privada Lázaro Cárdenas. Continuing the investment program ...

Published by Zona Franca at August 12, 2020 10:05 pm.

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Murals with a message say it loud: I mask-up and I’m proud.

_______________________________________________________________ A cynic might say there are more murals, statues and pictures wearing masks in San Miguel de Allende than actual people. I wouldn’t know. Lately, the only people I hang out with are murals, statues, and pictures. And they all seem to be wearing masks. Which is why I prefer their company to that ...

Published by Musings, Magic, SMA at August 12, 2020 9:37 pm.

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A brewing company in the Calzada de los Héroes gives off a foul odor and smells very ugly.

Dolores Hidalgo CIN Gto. August 12, 2020 Jesús Neri Fetid smells emanates from a brewing company that is located on one side of the Heroes' road, as the neighbors around the place let us know. In particular, most of the complaints come from the “Todos Santos Fraccionamiento”, they explain that some murky ...

Published by TV Independencia at August 12, 2020 9:32 pm.

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Jiquilpan Civil Registry is closed for not paying the rent for the building in 5 years.

The agreement that between the Official Office, the Ministry of Finance and the City Council would pay the rent, but no one has given a single peso to the owner The entry Closes the Civil Registry of Jiquilpan for not paying the rent of the building in 5 years was published first in La Voice of Michoacán.

Published by La Voz de Michoacán at August 12, 2020 8:28 pm.

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They leave workers 'to their own devices' in the capital.

Despite officials assuring that they provide protective equipment to their employees, photographs issued by the same administration left them 'exposed'

Published by Periodico Correo at August 12, 2020 7:39 pm.

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Fonatur rules out new airport project in Mérida.

So far, the National Tourism Promotion Fund (Fonatur) has no project whatsoever in relation to.

Published by The Yucatan Times at August 12, 2020 7:30 pm.

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They assault a young man in the historic center of the capital.

Guanajuato, Gto. In broad daylight and in the Historic Center of the state capital, a young man was assaulted with an armed hand. It was after noon when the 16-year-old went to a business on Calle Alonso, when a man approached him and threatened him with a ...

Published by Zona Franca at August 12, 2020 7:17 pm.

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20 countries already want to buy the vaccine, says Russia.

Mexico City.- The Russian Direct Investment Fund reported that after the announcement of the registration of the first vaccine against covid-19, 20 countries had already sent requests to buy one billion doses of the drug. According to the TASS agency, the foregoing was confirmed by the head of that body, Kiril Dmitriev, ...

Published by Cambio de Michoacán at August 12, 2020 6:44 pm.

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Volkswagen to stop production for nine days of the Tiguan segment.

The union said that they agreed with the company that the worker's rest period will not be affected

Published by El Sol de Puebla at August 12, 2020 6:30 pm.

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Dwayne Johnson, "The Rock", returns as the highest paid in Hollywood.

According to the annual tally published by Forbes magazine, the ex-wrestler-turned-actor earned nearly $ 88 million between June 1, 2019, and June 1, 2020, ranking him for the second year in a row as the top performer. Economic "fruits" obtained. The entry Dwayne Johnson, "La Roca", again listed as the highest paid in Hollywood was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 12, 2020 6:30 pm.

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This Sunday, the Guanajuato Cultural Forum presents the traveling company «Catapulta» as part of its Distance Art program.

They will offer a montage that is made up of four very different body works full of eclecticity, originality and freshness, aimed at spectators of any age. The show was recorded behind closed doors in the Mateo Herrera Concert Hall with all prevention measures. Its broadcast will take place on Sunday, August 16 ...

Published by Boletines Dependencias at August 12, 2020 6:30 pm.

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Navarro will grant provisional permission for more tables and chairs on public roads: 'they will be taken care of'

Guanajuato, Gto. Once again, the mayor of Guanajuato, Alejandro Navarro Saldaña, will use the power they have to grant provisional permits in a discretionary and unilateral manner, so that restaurateurs take tables and chairs on the public highway, as long as they are not on the sidewalks, do not saturate the places and generate employment. So ...

Published by Zona Franca at August 12, 2020 6:25 pm.

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They rehabilitate the "Arroyo de las Cachinches" in San Miguel de Allende Guanajuato.

August 12, 2020 By: Gladis Montserrat Padrón San Miguel de Allende, Gto.- With an investment of almost 20 million pesos, the “Cachinches Pedestrian Crossing” was inaugurated, in the Cuevitas neighborhood in San Miguel de Allende, an action carried out in two stages: the plumbing pipeline was changed, sidewalks were built and lighting was installed ...

Published by TV Independencia at August 12, 2020 6:16 pm.

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During the health contingency, 7 thousand requests have been authorized to refund the Payroll Tax.

Morelia, Michoacán.- The Ministry of Finance and Administration (SFA) reported that 7,353 requests have received a positive response for the application of economic support for Michoacan companies regarding the refunds of the Payroll Tax (ISN). As of August 7, the SFA has approved 7,353 applications for the benefit of the business sector and ...

Published by Cambio de Michoacán at August 12, 2020 6:11 pm.

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