Alfa‘s shareholders’ meeting approved on Monday a proposal for the constitution of a new company called “Controladora Nemak”, to which Alfa will transfer certain assets and capital, including the transfer of the 75% stake that Alfa has in Nemak. It is estimated that this process could be completed
Singapore’s non-oil exports grew 6% in July 2020, at an annual rate, after expanding 13.9% in the previous month. According to the World Trade Organization (WTO), the main feature of Singapore’s trade policy remains openness to trade and investment, at a time when the country’s trade (goods and
The peso closed the session with a depreciation of 0.91% or 20 cents, trading around 22.18 pesos per dollar, falling along with other currencies of emerging economies, mainly the Brazilian real, which lost 1.54% and closed at 5.5060 reais per dollar, being the worst performing currency during the
Officials from the United States Customs and Border Protection (CBP) and agricultural officials in Seattle seized a total of eight shipments of unauthorized influenza treatments that were marketed to treat Covid-19 . In addition to their role as Customs and Immigration enforcers, CBP Officers and agriculture specialists actively
The US government further restricted Huawei Technologies (Huawei) and its non-US affiliates from the entity list to items produced domestically and abroad from US technology and software. The measure was taken by the Bureau of Industry and Security (BIS, for its acronym in English) of the Department of
José Guillermo Zozaya Délano was elected as the new executive president of the Mexican Association of the Automotive Industry (AMIA). This association integrates 21 companies, in one of the most dynamic sectors in Mexico, in which Mitsubishi Motors and Giant Motors Latin America also participate as producers of