NYT - President Enrique Peña Nieto, in what could be the biggest economic change in two decades, is on the verge of rewriting the constitution to open Mexico’s oil, gas and electricity industry to private investment — a provocative move that could shake up the North American energy industry and test the storied grip Mexico’s oil has had on its soul.
Bloomberg - President Enrique Pena Nieto might expand the congested Mexico City airport, the busiest in Latin America, on government-owned land east of the capital. Construction could begin as soon as 2014 and amount to about $5 billion.
My SA - Enrique Beltranena, CEO of Volaris, insists that the sizzling business climate in Guadalajara has nothing to do with his drive to be the first of two Mexican carriers to recently announce direct service between that city and San Antonio.
Reuters - Mexican industrial production bounced back in October from a slump in September on rising factory output, though shrinking construction underscored the fragility of an economic recovery.
NYT - When the Mexican Revolution struggle ended in 1917 and a new constitution was enacted, re-election was banned. And so Mexicans became one of the few peoples in the Western hemisphere who could not re-elect most officials.
Variety - Mexico and L.A.-based Canana, one of Latin America’s top independent production-distribution companies, has optioned big-screen rights to Alfredo Corchado’s “Midnight in Mexico: A Reporter’s Journey Through a Country’s Descent into Darkness.”
Newscom.au - Mexican police have arrested Felipe Viveros Garcia, 30, a man accused of ordering and participating in the murders of more than 200 people, including kidnap victims, rival gang members and drug dealers.
Bloomberg - Enel Green Power, a unit of Italy’s biggest utility, started work on a $196 million wind farm in Mexico’s central municipality of Charcas through a local subsidiary. The 100-megawatt project will be completed in the second half of next year.
Reuters - Mexico's Senate on Wednesday signed off on an energy bill that aims to lure private capital into the state-run oil and gas industry in the biggest shake-up since a 1938 nationalization, sending it to the lower house for debate and final approval.
KPBS - U.S. and Mexico officials joined together to wave orange flags and signal construction crews to begin work on a $700 million border infrastructure project. The goal of the new freeway, and eventually a new port of entry, is to cut border wait times and boost trade.
Goal.com - Mexican Carlos Vela was once again noncommittal when it came to the question of the Mexican national team, despite the suggestion that incoming coach Miguel Herrera will travel to Europe and sit down with Mexicans playing there in February.
HM Media - Johnson Controls informed employees in its Waynesboro plant Tuesday it will proceed with a plan to transfer some production lines and jobs to Mexico. The move is expected to begin in early 2014.
Forbes - América Móvil and Grupo Televisa were told that they were placed under preliminary review to determine whether they are dominant players in the telecommunications sector. According to Mexican experts, there is little doubt that both América Móvil and Televisa will be declared “market dominant.”
Fox News Latino - Reggaeton star Yandel suffered a crash while shooting the Mexican version of “The Voice,” on which he and his performing partner co-coach one team. The accident occurred in Valle de Bravo late last week.
International Business Times - The bodies of eight members of the same family, including two women, have been found in plastic bags along the road near the southwestern Mexican city of Teloloapan in the state of Guerrero.
MLS Soccer - Landon Donovan recently signed a new contract with the LA Galaxy and has repeatedly expressed his happiness with life at his hometown club. But that might not stop a newly deep-pocketed Mexican club from making a strong play for his services.
Reuters - Banco Popular said on Wednesday it would carry out a capital increase of up to 450 million euros and use the cash obtained to buy a stake in Mexican financial group BX+ and boost its core capital ratio.
WBRC - U.S. Immigration and Customs Enforcement agents seized nearly $400,000 from three Mexican nationals in Cuba, Ala., following a traffic stop of a passenger bus bound for Mexico Sunday.
Hotel News Resource - Hyatt Hotels Corp. and Grupo Hermosillo announced the opening of Hyatt Place San Jose del Cabo in Baja California Sur. The hotel introduces the Hyatt Place brand to Mexico.
Reuters - Mexican inflation picked up less than expected in November on a spike in fresh food and electricity costs and muted underlying price pressures boded for steady borrowing costs through next year. Inflation in the 12 months through November rose to 3.62 percent.
Mexico Business News