The Mexican peso closed the session with an appreciation of 0.93% or 18.9 cents, trading around 20.13 pesos per dollar, touching a minimum of 20.1118 pesos. The peso appreciated in line with other currencies of emerging economies, such as the Turkish lira, which gained 2.04%, being the most
The companies Ferrocarril Mexicano (Ferromex) and Kansas City Southern de México (KCSM) increased their market share in the movement of freight by rail in Mexico during the first three quarters of 2020. Comparing the periods from January to September 2019 and 2020, Ferromex increased its market share from
World freight traffic by air transport registered a 12.6% year-on-year decrease in August of the current year, 0.9 percentage points more than the fall of the previous month, the International Civil Aviation Organization (ICAO) reported. For the first time since May, all regions registered improvements in the recovery
The Federal Economic Competition Commission (Cofece) approved the merger between Andean Social Infrastructure Fund I LP (Andean) and GEPIF II MCF Finance Dublin DAC (GEPIF). On August 20, both companies notified Cefece of their intention to carry out a concentration, in accordance with the provisions of article 90
Foreign Direct Investment (FDI) flows will recover «at the earliest» until 2022, the United Nations Conference on Trade and Development (UNCTAD) reported on Thursday. The Covid-19 pandemic has had an immediate and negative impact on FDI in 2020. The outlook remains dire, with further deterioration projected in 2021.
The number of cross-border mergers and acquisitions fell 15% in the first eight months of 2020, at an annual rate, the United Nations Conference on Trade and Development (UNCTAD) reported on Thursday, without specifying the number of transactions. In developed economies, where they represent a significant part of