Mexico and Vietnam benefit from the «China plus one» model, in which China-dependent companies add a non-Chinese supplier. According to Morgan Stanley Institutional Fund, stock selection and an overweight allocation to Mexico contributed in 2022 to relative performance, led by the allocation to one of the country’s largest
Kansas City Southern’s (KCS) main businesses are Chemicals and Petroleum; Industrial and Consumer Products; Agriculture and Minerals; Energy; Intermodal; and Automotive. In 2022, KCS had revenues of $3.37 billion, an increase of 14.4%, and achieved net earnings of $984 million, a growth of 86.7%, year-over-year. Kansas City Southern
Bimbo, through Bimbo Bakeries USA (BBU), faces competition primarily from Flowers Foods and Campbell Soup Company (under the Pepperidge Farm brand) in the United States. According to IRI Flowers, BBU had a 31% share of the U.S. fresh and frozen bakery products market, which it estimates at $47
The collapse of FTX shook the volatile cryptocurrency market, which lost billions in value at the time, falling below a valuation of $1 trillion. On November 11, 2022, FTX’s CEO resigned and the company filed for bankruptcy. The entire collapse, in which FTX went from being worth an
The volume of world trade in goods contracted at a rate of 1.6% compared to the same period in 2022, reported the Economic Commission for Latin America and the Caribbean (ECLAC). In all of 2022, world trade increased 2.7% year-on-year. According to the latest World Trade Organization (WTO)
The lack of affordable housing remains a national problem in the United States, concludes the AFL-CIO Housing Investment Trust. For starters, renter households have seen their savings dwindle due to the high cost of living, resulting in approximately 49% of all renters having to pay more than 30%