'Business' category archive. Published August 20, 2020 5:45 am (Mexico City time).

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

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They foresee investment of 1,500 million pesos in colonias tapatías.

The disbursement is part of the project "You and the City for a calm and orderly Guadalajara", which established a "traffic light" to identify the needs of each area of the municipality

Published by El Informador at August 20, 2020 4:20 am.

El Informador →    English →
Despite being a red light, only two investigations for trafficking in Puerto Vallarta.

In the last five years, two investigations have been opened for this crime, despite the fact that the UN has warned about practices of pornography, tourism and child sexual exploitation

Published by El Informador at August 20, 2020 4:00 am.

El Informador →    English →
Starting the school year at a distance implies extra expenses for parents.

* With information from Jorge Hernández and Ricardo Aguilar Guanajuato. The return to distance classes has implied a radical change in family dynamics but also changes in the economy. While some parents have opted for their children to leave private schools to go to public institutions, thus generating savings in ...

Published by Zona Franca at August 20, 2020 4:00 am.

Zona Franca →    English →
Life after the annex and the fight to regulate them in Guanajuato.

Leon, Gto. The most common addiction in young people is methamphetamine, known as crystal, and if there is no money to get it, many start stealing. Jorge Montañez, part of the board of directors of the United Rehabilitation Centers of Bajío (CRUB) points out that they have identified that young addicts commit up to 3 crimes when ...

Published by Zona Franca at August 20, 2020 4:00 am.

Zona Franca →    English →
Ethylene XXI from Calderón to Peña Nieto: the details of 84 million pesos in bribes, according to Emilo Lozoya.

The controversies in the plant contract would have been known to both former presidents, as well as the money granted for its continuity

Published by Infobae at August 20, 2020 3:50 am.

Infobae →    English →
Disruptors | This platform advances your payroll.

Minu, a fintech from Nima Pourshasb, works hand in hand with companies to anticipate the payment of days worked to employees

Published by Diario de Querétaro at August 20, 2020 2:30 am.

Diario de Querétaro →    English →
They prepare to negotiate a new Fiscal Pact.

The governors achieved that the President will agree to review the formula for the distribution of public resources to the states

Published by Diario de Querétaro at August 20, 2020 2:10 am.

Diario de Querétaro →    English →
The strange places where Emilio Lozoya delivered Odebrecht bribes.

In suitcases, transparent or gray plastic bags, at the home of the 'beneficiaries', the links received in the money in emblematic places of Mexico City

Published by Infobae at August 20, 2020 1:00 am.

Infobae →    English →
Canirac assures that it faces a pandemic crisis.

Peña Medrano said there are establishments that keep their curtain down, because low sales and investments to face the new normal have not allowed them to reopen

Published by Periodico Correo at August 20, 2020 1:00 am.

Periodico Correo →    English →
Entities and 4T agree on a fiscal pact.

The delivery of the federal shares to the states was agreed without delay and the state's debts will be restructured

Published by Periodico Correo at August 20, 2020 12:39 am.

Periodico Correo →    English →
They join the fight against cancer in an event organized by the Association 'Va x ti Paula'

This event is called Unidos Salvando Vidas; the business owners commented that Sandra Moreno told them about the association and they found it interesting what they were doing

Published by Periódico AM at August 19, 2020 11:57 pm.

Periódico AM →    English →
They have fired members of the Coparmex Irapuato 60% of workers.

Due to the health and economic contingency, some employees lost their position and others agreed to receive a lower salary in order to keep it

Published by Periódico AM at August 19, 2020 11:51 pm.

Periódico AM →    English →
California Legal Pot Industry Heats Up, Cannabis Tax Revenues Soar, But Black Market Still Bigger.

Growth during the Pandemic. And the state sure needs the money.

Published by Wolf Street at August 19, 2020 11:50 pm.

Wolf Street →
Telephone operators in Celaya join national strike.

Some 200 unionized workers from section 12 of Telmex in Celaya, which includes four other municipalities, joined the national strike this Wednesday to demand the elimination of the retirement clause for new workers

Published by Periódico AM at August 19, 2020 11:20 pm.

Periódico AM →    English →
Felipe Calderón reacted like this to the accusations of Emilio Lozoya: “It is used by López Obrador as an instrument of revenge.

The former president is accused of responsibility in the bribes of the Odebrecht company

Published by Infobae at August 19, 2020 9:25 pm.

Infobae →    English →
Rather than negotiating the PAN, it extorted money to approve energy reform, Lozoya assured.

Emilio Lozoya declared that a group of PAN legislators, including Ricardo Anaya, received up to 80 million pesos to approve the reform

Published by Infobae at August 19, 2020 8:54 pm.

Infobae →    English →
They will extend forgiveness of charges to merchants.

Mayor Navarro pointed out that the strategy of the municipal administration is not only to give support, but also that citizens can reactivate the economy

Published by Periodico Correo at August 19, 2020 8:05 pm.

Periodico Correo →    English →
Emilio Lozoya declares having delivered 6 million pesos to Ricardo Anaya.

This money came from bribes that the Odebrecht firm had given him and was given to Anaya on the instructions of the then Secretary of the Treasury, Luis Videgaray

Published by Periodico Correo at August 19, 2020 8:02 pm.

Periodico Correo →    English →
"Safe Guanajuato" must seek homologation of criminal indicators: CCEL.

José Arturo Sánchez Castellanos, president of the León Business Coordinating Council, considered that the figures should be evaluated by an external body every month
The entry "Safe Guanajuato" must seek homologation of criminal indicators: CCEL appears first in Noticieros Online.

Published by Noticieros En Linea at August 19, 2020 7:55 pm.

Noticieros En Linea →    English →
Brazil could extend emergency payments to the poor until the end of 2020.

BRASILIA, Brazil - Emergency payments to Brazil's poor could be extended until the end of the year, President Jair Bolsonaro said Wednesday, but they would be less than 600 reais ($ 108) a month today. According to El Economista, payments are widely mentioned as one of the reasons why the economy seems to have ...

Published by Cambio de Michoacán at August 19, 2020 7:48 pm.

Cambio de Michoacán →    English →
Videgaray instructed Emilio Lozoya to deliver 6 million pesos to Ricardo Anaya, settles in complaint.

The former director of Pemex explained that a representative of the PAN received the money in the parking lot of the Chamber of Deputies
The entry Videgaray instructed Emilio Lozoya to deliver 6 million pesos to Ricardo Anaya, settles in the complaint was published first in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 7:21 pm.

La Voz de Michoacán →    English →
Is It Time To Buy Canadian Oil Stocks?

Canadian exploration and production companies have not rebounded from the sharp sell-off that took place in the oil patch after the OPEC+ fallout in March and the almost simultaneous advent of the coronavirus. Immediately oil prices began to crater, dragging down oil equities in lock-step with them. In April, when the Saudis and the Russians announced an agreement to cut production, oil prices bottomed and began to rebound. At the same time, it seemed that the coronavirus would not be as deadly as some had initially feared, giving oil futures…

Published by OilPrice.com at August 19, 2020 7:00 pm.

OilPrice.com →
America's Oligarchic Dozen already owns more money than the GDP of Belgium and Austria combined.

Elon Musk nearly tripled the $ 24.6 billion he owned in mid-March to accumulate $ 73 billion by August 13.
The entry The Oligarchic Dozen of the United States already has more money than the GDP of Belgium and Austria together was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 6:49 pm.

La Voz de Michoacán →    English →
They maintain sanitary operations in markets and flea markets.

Morelia, Michoacán.- The government of Morelia maintains constant operations in the flea markets that are installed in different parts of the city, in order to supervise compliance with the sanitary measures aimed at reducing the contagion of Covid-19. This Wednesday, brigades traveled to the Independence and Revolution markets, as well as to the street markets that ...

Published by Cambio de Michoacán at August 19, 2020 6:41 pm.

Cambio de Michoacán →    English →
Due to the pandemic, 1 million 117,583 Mexicans have lost their jobs.

Mexico City.- Last July, the second month after the end of the National Sana Distancia Day to contain the spread of Covid-19, the loss of formal jobs was significantly reduced, with 3,907 layoffs registered, figure 95% lower than that observed in June, according to the report ...

Published by Cambio de Michoacán at August 19, 2020 6:25 pm.

Cambio de Michoacán →    English →
Governors and SEP agree measures to reduce school dropouts.

Moctezuma Barragán accepted the agreement proposed by the governor of Oaxaca, Alejandro Murat Hinojosa, so that teachers receive the salaries and benefits that correspond to them

Published by Diario de Querétaro at August 19, 2020 6:10 pm.

Diario de Querétaro →    English →
"We are victims and you must return the money you received": PRI will sue Emilio N.

Alejandro Moreno argued that any type of corruption is unacceptable, so he warned that Emilio N must pay for his crimes

Published by Diario de Querétaro at August 19, 2020 6:02 pm.

Diario de Querétaro →    English →
The 3 Most Exciting Gold Stocks Of 2020.

With gold prices breaking new records daily now and some analysts saying its heading directly for $2,500, it’s time again to pay close attention to the discovery world because buying it before it comes out of the ground is the most efficient way to make money on this precious metal. And there’s every reason to be bullish, and not just at the moment: Goldman Sachs has revised its 12-month forecast to $2300 per ounce--or a 20% gain.UBS has a $2,000 price target on gold for the end of September, while Deutsche Bank is…

Published by OilPrice.com at August 19, 2020 6:00 pm.

OilPrice.com →
Congress approves glosses on health, social and urban development of the State Report.

Morelia, Michoacán.- In an extraordinary session of the Plenary of the 74th Legislature, the glosses were approved in relation to the State Report kept by the State Public Administration, prepared by the Health and Social Assistance Commissions; Social development; Urban Development, Public Works and Housing, as well as Industry, Commerce and Services. Derived from the study and analysis of ...

Published by Cambio de Michoacán at August 19, 2020 5:56 pm.

Cambio de Michoacán →    English →
The La Capilla Industrial Zone will be paved for 7 million pesos.

Leon, Gto. In order to reactivate the economy, this morning the municipal government announced the paving for 7 million pesos in the La Capilla industrial zone, which could be ready in 4 or 5 months. The Director of Public Works, Carlos Cortés Galván, stressed that there will be 240 meters of paving in the ...

Published by Zona Franca at August 19, 2020 5:52 pm.

Zona Franca →    English →
Morena's Finance Secretary dismissed.

The morenista was separated from her position after verifying that she received double salary

Published by El Sol de Puebla at August 19, 2020 5:46 pm.

El Sol de Puebla →    English →
Russia Complies 100% With OPEC+ Production Cut Quota.

Russia is complying 100% with the OPEC+ production cut quota, according to Alexander Novak, who spoke to Rossiya-24 television on Wednesday, Russian news agency Tass reported. “We are at a high level. In July, we fulfilled 97% of our level. This is a high figure for us. We have attained 100% in August. As of today, we are fulfilling 100% of the obligations we assumed in August,” Novak claimed. Novak also claimed that the oil market is close to balancing itself. Meanwhile, Saudi Arabia’s energy minister Prince Abdulaziz said that…

Published by OilPrice.com at August 19, 2020 5:30 pm.

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ABM: We have not seen an agreement to accelerate the country.

Luis Niño de Rivera pointed out that the ABM's concern is that there is lower income in borrowers, less dynamism in consumption and low levels of gross fixed investment

Published by Diario de Querétaro at August 19, 2020 4:35 pm.

Diario de Querétaro →    English →
Guanajuato steals the look of Travel Operator Pe-Tra.

Salvatierra, Guanajuato, on August 19, 2020. The tourist destinations of the state of Guanajuato captivated the gaze of Pe-Tra, Mexico City Travel Operator with more than 50 years serving tourism focused on business trips, pleasure, seminars, incentives and conventions. Juan José Álvarez Brunel, Secretary of Tourism of ...

Published by Boletines Dependencias at August 19, 2020 4:33 pm.

Boletines Dependencias →    English →
90% of formal businesses reopen in San Andrés Cholula.

They reported that the formal and civic act of the Cry of Independence and the government report were authorized

Published by El Sol de Puebla at August 19, 2020 4:31 pm.

El Sol de Puebla →    English →
10 schools in Zinapécuaro receive furniture.

Morelia, Michoacán.- With an investment of 33 million 785 thousand 876 pesos in different actions of construction, rehabilitation and / or equipment for elementary and upper secondary schools, the Institute of Physical Educational Infrastructure of the State of Michoacán (IIFEEM) supports the municipality of Zinapécuaro. The deputy director of works and equipment of the IIFEEM, Cristóbal Torres Mendoza, ...

Published by Cambio de Michoacán at August 19, 2020 4:18 pm.

Cambio de Michoacán →    English →
From the Covid I learned that: Life is short, employment is temporary, health is wealth, and that I have to save.

Mexico City. By: Christian Allen.- Not everything is bad with the issue of Covid-19, despite the fact that the damage caused to the world is countless, especially the loss of life (which is what hurts us the most), the fall of the economy and a divided society ...

Published by CSC Noticias at August 19, 2020 4:05 pm.

CSC Noticias →    English →
They will carry out works for three months in Hidalgo Street; there will be a change of direction in Zaragoza.

2 million 726 thousand 448 pesos will be invested for this work and will be in charge of the company Semmco Construcciones

Published by Periódico AM at August 19, 2020 4:02 pm.

Periódico AM →    English →
Lies and infamies, says Pancho Domínguez, the governor of Querétaro who faces the scandal for the umpteenth time.

This Monday López Obrador offered his conference in the company of Governor Francisco Domínguez, who refused to answer questions from the press regarding the video where his former private secretary is seen receiving cash, presumably they would be bribes from Odebrecht

Published by Infobae at August 19, 2020 3:57 pm.

Infobae →    English →
They demand telephone operators who do not modify their retirement.

Members of the Union of Telephone Operators of the Mexican Republic (STRM) of Irapuato demonstrated because they disagree with the changes that will be made in the retirement process

Published by Periódico AM at August 19, 2020 3:36 pm.

Periódico AM →    English →
EV Metal Index Surges 64% As Europe Becomes Largest Market For Electric Vehicles.

Europe has now overtaken China – not long ago responsible for every other electric car sold worldwide – as the globe’s largest EV market. Over the first seven months of the year, Europe’s electric vehicle sales (including plug-in hybrids) outpaced that of China, reaching the half-million mark thanks to record-breaking monthly sales of 53,000 units on the continent in July. More remarkable, considering Chinese so-called New Energy Vehicle (NEV) sales data also include fuel cell and commercial vehicles.…

Published by OilPrice.com at August 19, 2020 3:30 pm.

OilPrice.com →
The Fed Made Sure the Rich Got Richer During the Pandemic. Why That’s Bad for the Economy.

Over 30 million people lost their jobs while the wealth of America’s 600-plus billionaires ballooned by $434 billion, to $3.4 trillion. Why did this happen?

Published by Wolf Street at August 19, 2020 3:26 pm.

Wolf Street →
They invest 1,500 million pesos to improve the environment of the Guadalajara neighborhoods.

According to the mayor of Guadalajara, Ismael del Toro, so far this year 89 public works have been carried out in various neighborhoods of the municipality

Published by El Informador at August 19, 2020 3:05 pm.

El Informador →    English →
Governors ask AMLO to allocate 1.5 bdp to reactivate the economy affected by the pandemic.

Governors ask to apply a comprehensive investment plan in priority infrastructure works by entity, agreeing on the greatest possible participation of local companies, to reactivate local economies.
The entry Governors ask AMLO to allocate 1.5 bdp to reactivate the economy affected by the pandemic was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 2:19 pm.

La Voz de Michoacán →    English →
They execute it behind the Chignahuapan market.

Due to the detonations, shops closed their doors

Published by El Sol de Puebla at August 19, 2020 2:13 pm.

El Sol de Puebla →    English →
Builders ask Conago to push 5 projects in Guanajuato.

The Federal Government must prioritize supporting the 5 Guanajuato projects that add up to an investment of 7,863 million pesos.

Published by Periódico AM at August 19, 2020 2:06 pm.

Periódico AM →    English →
They define new sanitary measures in convenience stores, in San Felipe.

San Felipe Gto. Civil Protection of this municipality, held a meeting with managers of department stores, commercial and supermarkets, to publicize the new strategies and economic reactivation measures due to the change of the State Traffic Light. As part of the agreements obtained, it is to have 30% of the capacity with registration certificate by the ...

Published by Zona Franca at August 19, 2020 2:04 pm.

Zona Franca →    English →
Demand For Oil Tankers Plunges As OPEC+ Restricts Exports.

Ton-mile demand, a proxy for demand for oil tankers, has slumped in the summer as OPEC’s oil production dropped to a three-decade low and exports were drastically cut as part of the OPEC+ deal, according to a Lloyd’s List Intelligence analysis. Ton-mile demand – measuring the crude oil volumes carried by distance traveled – dropped by 18.6 percent year over year in July. The plunge in crude tanker demand in July was the steepest fall since the coronavirus started to impact global oil markets, Michelle Wiese Bockmann writes…

Published by OilPrice.com at August 19, 2020 2:00 pm.

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Telephone operators are going to stop in Puebla; seek contractual review.

The employees informed that the mobilization will be for 24 hours

Published by El Sol de Puebla at August 19, 2020 1:54 pm.

El Sol de Puebla →    English →
Telephone operators from Irapuato and Salamanca demonstrate; defend retirement.

Irapuato, Gto.- To join the national movement, unionized workers from Telefonos de México (Telmex) led a demonstration in offices in Irapuato and Salamanca in defense of their collective labor agreement. According to the trade union leader in Guanajuato, Juan Carlos Ramos Torres, the representatives of the company have closed the negotiation and ...

Published by Zona Franca at August 19, 2020 1:49 pm.

Zona Franca →    English →
Huge Texas factory fire will take two days to extinguish.

This is because there is a lot of plastic in the area despite the efforts of the firefighters in the area to put out the flames; no injuries or deaths are reported

Published by Periodico Correo at August 19, 2020 1:39 pm.

Periodico Correo →    English →
Construction of the Candiles Multicultural Forum begins.

In its first stage, it will have an investment of 18 million 931 thousand 629 pesos to benefit 88 thousand 892 inhabitants

Published by Diario de Querétaro at August 19, 2020 1:33 pm.

Diario de Querétaro →    English →
400 workers attached to the Telephone Operators Union do work stoppages.

They ask that they resume the review of the collective bargaining agreement so that clause 149 of retirement does not disappear

Published by El Sol de Bajio at August 19, 2020 12:56 pm.

El Sol de Bajio →    English →
Moroleón, Guanajuato capital and Salamanca join the Telmex national strike.

The Telmex union demands to maintain the retirement scheme for new workers.

Published by Periódico AM at August 19, 2020 12:54 pm.

Periódico AM →    English →
Apple, first US company worth 2 bdd in the stock market.

The computer giant saw its results rise thanks to confinement due to the coronavirus pandemic

Published by Diario de Querétaro at August 19, 2020 12:48 pm.

Diario de Querétaro →    English →
Apple makes history: it becomes the first US company with a value of 2 trillion dollars.

New York, (AP). Apple became the first American company to have a market value of $ 2 trillion, just two years after reaching $ 1 trillion. Apple's shares have risen nearly 60 percent so far this year, after recovering from the closure of its factories in China that produce the iPhone and the closure of its physical stores due to the coronavirus crisis. Its clientele is so loyal that ...

Published by Zona Franca at August 19, 2020 12:28 pm.

Zona Franca →    English →
The PRI will sue Emilio Lozoya: they call themselves victims and ask him to return the money.

Alejandro Moreno indicated that they will not allow acts of corruption and everyone must assume their responsibility

Published by Infobae at August 19, 2020 12:23 pm.

Infobae →    English →
Subjects rob office and hit worker on head.

The employee tried to stop the crime but was injured; those responsible left the scene taking a van with them

Published by Periodico Correo at August 19, 2020 12:21 pm.

Periodico Correo →    English →
Lozoya's sayings are an infamy, says Queretaro governor after bribery video.

The governor of Querétaro, Francisco Domínguez, pointed out by the former director of Pemex, Emilio Lozoya, of having received millionaire bribes from the construction company Odebrecht to approve the energy reform, has denied this Wednesday being involved in an act of corruption of which there is a record on video of Guillermo Gutierrez receiving money.
The entry Sayings of Lozoya are an infamy, says the governor of Querétaro after a video of bribes was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 12:16 pm.

La Voz de Michoacán →    English →
Tech Giants Are Building Carbon Footprint Software For Big Oil.

A growing number of oil and gas companies are looking to measure and reduce their carbon emissions under increased pressure from shareholders to join the fight against climate change - and the result is that the tech industry is starting to get into the oil and gas game. A growing number of technology companies – from well-established names to start-ups – are now launching carbon emissions tracking and accounting software, Reuters reports. In June, Germany's SAP launched a carbon emissions accounting system to help firms manage and…

Published by OilPrice.com at August 19, 2020 12:15 pm.

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"Where's the money!": López Obrador's opponents and supporters clashed in Querétaro.

About 200 protesters gathered outside the site where the president held his usual morning lecture.

Published by Infobae at August 19, 2020 12:03 pm.

Infobae →    English →
Irapuato joins the strike of unionized Telmex workers.

Around 80 workers demonstrated in two locations to demand that the salary conditions and benefits that the company would eliminate be analyzed

Published by Periodico Correo at August 19, 2020 12:01 pm.

Periodico Correo →    English →
Europe’s Big Oil Companies Aim To Become Big Energy.

Big Oil’s most profitable business is no longer oil. This attention-grabbing headline published by Oilprice.com earlier this month may be dramatic, but it’s not hyperbole - it’s the truth. “Even as oil demand and prices have recovered, the tried and true economic model is no longer a failsafe option for oil and gas companies,” reads the article. “Pumping crude just isn’t paying the bills.” Instead, the sector is evolving from Big Oil to Big Energy. “Companies like Shell aren’t going…

Published by OilPrice.com at August 19, 2020 12:00 pm.

OilPrice.com →
Collective unemployment in Telmex leaves 80% of rural population without internet.

The Telephone Operators Union of section 185 led its support for the strike, which aims to point out the lack of the right to retire of new staff

Published by Periodico Correo at August 19, 2020 11:55 am.

Periodico Correo →    English →
2020 continues to surprise: now it's raining chocolate in Switzerland.

The strong winds registered in the area on Friday morning spread cocoa powder around the factory.

Published by Periodico Correo at August 19, 2020 11:50 am.

Periodico Correo →    English →
Woman sells 'Gibson Honey' has a happy ending for her business.

The Chilean says that she will dedicate herself totally to her new business after having a great demand in her country, Mexico and Brazil

Published by Periodico Correo at August 19, 2020 11:43 am.

Periodico Correo →    English →
Apple's market value exceeds two trillion dollars.

Apple surprised Wall Street by getting its customers to buy iPhones, iPads and Macs online, when their stores closed due to quarantines

Published by Diario de Querétaro at August 19, 2020 11:39 am.

Diario de Querétaro →    English →
They find 4 murdered, handcuffed and burned next to a burned car in Cuitzeo.

The incinerated vehicle is a Nissan Tsuru brand, apparently a taxi type, with an unreadable license plate due to the damage caused by the fire.
The entry They find 4 murdered, handcuffed and burned next to a burning car in Cuitzeo was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 11:34 am.

La Voz de Michoacán →    English →
Presents initiatives, none approved.

Senator Juan José Jiménez indicated that the initiatives presented are related to issues of ecology, economy, transportation and theft of livestock

Published by Diario de Querétaro at August 19, 2020 11:30 am.

Diario de Querétaro →    English →
AMLO: They gave control of the Port of Veracruz to a company for 100 years.

AMLO accused the 100-year concession of the Port of Veracruz of "simulation".
The entry AMLO: They gave control of the Port of Veracruz to a company for 100 years was first published in La Voz de Michoacán.

Published by La Voz de Michoacán at August 19, 2020 11:21 am.

La Voz de Michoacán →    English →
Governor of Querétaro refuses to be part of the corruption in the Lozoya case, 'I have nothing to fear'

Querétaro.- The governor of Querétaro, Francisco Domínguez, assured that “I have nothing to fear”, after his former private secretary, Guillermo Gutiérrez Badillo, was caught on a video receiving bundles of money, presumably for acts of corruption in the case scored by Emilio Lozoya. “Have nothing to hide. No one can buy what they already have. Since I went ...

Published by CSC Noticias at August 19, 2020 11:10 am.

CSC Noticias →    English →
U.S. Brokerage Faces Lawsuit Over Trades At Negative Oil Prices.

E*Trade Securities, one of the largest U.S. brokerages, was slapped with a class-action lawsuit on Tuesday for allegedly failing to disclose proper risks to clients that were burnt by the negative WTI Crude oil prices in April, Bloomberg reported, citing the lawsuit filed in California. As the WTI Crude futures collapsed into negative territory on April 20, many retail investors lost a lot of money as they were unable to sell the front-month futures contracts they had purchased. Some brokerages limited the ability of their smaller…

Published by OilPrice.com at August 19, 2020 11:00 am.

OilPrice.com →
They will close 2.13% of businesses in the capital.

There are more than 770 establishments that have expressed their intention not to continue

Published by Diario de Querétaro at August 19, 2020 11:00 am.

Diario de Querétaro →    English →
The peso advances pending the Fed's minutes.

The dollar has a gain of 0.35%

Published by Infobae at August 19, 2020 10:39 am.

Infobae →    English →
Restaurant forced its customers to weigh themselves before ordering a dish.

This caused a great deal of controversy that caused the business to apologize, acknowledging that this strategy did not serve to prevent food waste.

Published by Periodico Correo at August 19, 2020 10:38 am.

Periodico Correo →    English →
Trump Seeks To Slap More Sanctions On Venezuela.

The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government and oil revenues that, according to Washington, are the only thing keeping Nicolas Maduro in power. Bloomberg reports, citing unnamed sources familiar with the situation, that Washington is mulling over sanctioning swap deals between PDVSA and other energy companies. The discussions have been going on for months but no decision has been made yet as the administration prioritized punishing Iran for helping Venezuela…

Published by OilPrice.com at August 19, 2020 10:30 am.

OilPrice.com →
Port of Veracruz has not improved after concession to a company for 100 years: AMLO.

The president assured that the ports of Manzanillo and Lázaro Cárdenas have more activity than the port of Veracruz

Published by Diario de Querétaro at August 19, 2020 10:17 am.

Diario de Querétaro →    English →
Preparing for Caring for Someone at Home with COVID-19.

San Miguel’s Covid-19 epidemic has had a very slow start -- a huge credit to the efforts of our whole community! At this point, however, we have entered a growth phase. The main message here is that this is NOT the time to relax your precautions.
La entrada Preparing for Caring for Someone at Home with COVID-19 se publicó primero en Atención San Miguel.

Published by Atención San Miguel at August 19, 2020 10:00 am.

Atención San Miguel →
SICOM maintains job creation and ensures the protection of workers.

So far, the Ministry of Infrastructure, Connectivity and Mobility has contracted works for 1,216.47 million pesos, 113% more than in the same period of the previous year. To ensure that sanitary protocols are implemented in all works, SICOM requests contractors to have safety and hygiene supervisors. With simplification ...

Published by Boletines Dependencias at August 19, 2020 9:57 am.

Boletines Dependencias →    English →
17 Japanese companies arrive in 5 years.

With an amount greater than 5 billion pesos, and the generation of more than 3,400 highly specialized jobs

Published by Diario de Querétaro at August 19, 2020 9:52 am.

Diario de Querétaro →    English →
The stars have a great message for you !; check your horoscope and find out.

#Leo, money that someone owes you will arrive today. This is your day ...

Published by La Voz de Michoacán at August 19, 2020 9:42 am.

La Voz de Michoacán →    English →
Putting the Economic Recovery into Context.

Interesting conversation yesterday about the economic “Recovery.” The people involved could not have been more different in their assessments and were only projecting their own subjective experiences. Looking at absolute performance while ignoring relative numbers is a recipe for being misinformed. It was a good reminder to always put data into broader national…
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The post Putting the Economic Recovery into Context appeared first on The Big Picture.

Published by The Big Picture at August 19, 2020 9:30 am.

The Big Picture →
Employees have not received their fortnight.

Once the internal mayor of Colón takes office, the collection will be released from the banks

Published by Diario de Querétaro at August 19, 2020 9:30 am.

Diario de Querétaro →    English →
How Negative Interest Rates Sap Consumer Spending by an Ever Larger Part of Consumers.

Over-65s, a large and growing demographic in Europe, are cutting their spending at worst possible time as NIRP eats into savings, pensions, investments, and annuities.

Published by Wolf Street at August 19, 2020 9:15 am.

Wolf Street →
Program in Puerto Vallarta seeks to stop COVID-19 spread in 50-days.

Through the campaign “Put a stop to contagion!”, which promotes the use of face masks for at least 50 days, the Employers’ Confederation of the Mexican Republic (Coparmex) will deliver face masks in the most vulnerable neighborhoods of Puerto Vallarta to be able to return to everyday life as soon as possible. In an effective ...

Published by Puerto Vallarta News at August 19, 2020 8:50 am.

Puerto Vallarta News →
The Treasury will deliver resources to states on a monthly basis: it transferred 13,000 million in August.

The above is intended to enable entities to boost the reactivation of their economy

Published by Infobae at August 19, 2020 7:54 am.

Infobae →    English →
UAQ advances its COVID-19 vaccine with its own resources: the government has not invested in national developments.

The rector Teresa García Gasca told Infobae Mexico that the Foreign Ministry assured her that it would invest in the investigation, but until today they have not provided resources

Published by Infobae at August 19, 2020 6:50 am.

Infobae →    English →
More than 6 thousand businesses at risk of disappearing.

COPARMEX reported that due to the pandemic, 45% of micro, small and medium-sized companies could close

Published by El Sol de Bajio at August 19, 2020 6:00 am.

El Sol de Bajio →    English →
They will invest 18.7 million pesos in home improvement.

They will support 2,500 families of Juventino Rosas

Published by El Sol de Bajio at August 19, 2020 6:00 am.

El Sol de Bajio →    English →
No money for the fair.

Due to the pandemic and the budget cut, there are no resources to carry it out, so it could be canceled or made virtual

Published by El Sol de Bajio at August 19, 2020 6:00 am.

El Sol de Bajio →    English →