The United States’ Foreign Direct Investment (FDI) abroad increased 2.8% year-on-year in 2019, to reach $ 5.96 trillion. In general, FDI is an investment made by an entity resident in one economy that represents a lasting interest, defined as 10% or more of voting property, in a company
In the first session of the week, the Mexican peso closed with a depreciation of 0.36% or 8.1 cents, trading at around 22.46 pesos per dollar. In the foreign exchange market, a mixed session was observed, with the dollar-weighted index oscillating between profit and loss. The Mexican peso
Industrias Peñoles sold its Zimapan Mine to Santacruz Silver Mining Ltd. for $ 20 million, plus the applicable Mexican value added tax of $ 3.2 million. Santacruz Silver Mining entered into this transaction through its wholly owned subsidiary, Carrizal Mining, signing a legally binding term sheet with Minera
Grupo Herdez reported that its associate Herdez Del Fuerte entered into various agreements for the partial divestiture of its tuna business. Under these agreements, Grupo Herdez and its associate are selling their tuna fishing vessels and related equipment, their processing and packaging plant for tuna products located in
The Ministry of Economy presented a methodology for the Creation of New Commercial Identification Numbers (NICOs). This methodology is in the approval process in the National Commission for Regulatory Improvement (Conamer). Business Identification Numbers If a substantive change to the methodology is subsequently required, it will be submitted
The European Union remained in 2019 as the leader among the largest exporters of steel (also includes iron) in the world, with 151,000 million dollars. Behind this bloc were, in descending order: China ($ 55 billion), Japan ($ 28 billion), South Korea ($ 26 billion) and Russia ($