The European Union, Japan, the United States and Mexico were the largest automotive exporters in 2019, according to statistics from the World Trade Organization (WTO). The automotive sector is one of the most globalized in the value chains of the world, with a strong tendency to robotization and
The peso closed the session with a depreciation of 1.58% or 35.2 cents, trading around 22.63 pesos per dollar, hitting a maximum of 22.7000 pesos per dollar, ranking as the second most depreciated currency in the exchange market behind the Brazilian real that it lost 1.84% when closing
Illinois leads energy consumption in the Midwestern United States, according to data from the United States Energy Information Administration (EIA). That state was also the third largest energy producer in the region. In 2018, Illinois customers consumed 4.0 trillion British thermal units (Btu) of energy, and 2.6 trillion
Elanco Animal Health Incorporated announced on Monday that it completed the acquisition of Bayer Animal Health for a value of $ 6,890 million. At the closing, Bayer AG received $ 5.17 billion in cash, comprised of the company’s capital income and issues from the tangible capital unit in
Cemex reported Monday that it closed the previously announced sale of certain UK assets to the Breedon Group for approximately $ 230 million. The amount includes about $ 30 million of debt. Assets generated nearly $ 29 million of EBITDA in 2018. According to Intercam Banco, with the
The collection of remittances from Mexico totaled 19,075 million dollars in the first half of 2020, which represented a 10.6% year-on-year rise and a record, Banxico reported. Remittances are the sending of money from those who live in another nation to their country of origin. For example, money