The Argentine multinational company Mercado Libre wants to have the largest digital bank in Mexico. “We see huge opportunities for Mercado Pago in Mexico. In June, we announced our intention to apply for a banking license, which will allow us to scale the business to achieve our ambition
Former President Donald Trump or Vice President Kamala Harris will eventually pursue trade protectionist policies should she become President of the United States. U.S. political analysts predict that the issue of imports, especially from China, will play a crucial role in the nomination decision. In May 2024, President
In 2023, Mexico stood out as the main importer of poultry genetic material from Brazil, reaching a total of 13,514 tons. This volume represents a remarkable year-on-year increase of 72.7%, according to data provided by Brazil’s Ministry of Industry, Foreign Trade and Services. The volume is also equivalent
Owned by Nexa Resources, the Cajamarquilla smelter is currently the largest zinc smelter in Latin America. It is also the only zinc smelter in Latin America outside of Mexico and Brazil, according to Wood Mackenzie. It uses the RLE process to produce metallic zinc. With an annual production
From 2017 to 2022, the global distilled spirits industry grew at a compound annual growth rate of 2.2% in volume terms, according to IWSR data referenced by Becle, owner of the Jose Cuervo brand. However, the market has experienced a 5.6% growth in terms of sales value. According
China‘s Geely Automobile achieved a 38% year-on-year increase in car sales in 2023, to 274,101 units. In addition to its Geely brand, these sales include the total sales volume of Lynk&Co and Livan vehicles. In 2023, the Geely brand reached a significant milestone in its international expansion. Geely