Trinity Industries, one of the leading railcar manufacturers in North America, was negatively affected by problems in cross-border rail traffic between Mexico and the United States. This company recorded a year-on-year growth of 50.9% in 2023, to 2.983 billion dollars, and most of its railcars are manufactured in
Mercado Libre continues a competition investigation in Mexico, while increasing its revenues in Mexico by 54.4% in 2023 to US$1.979 billion. On February 13, 2024, the Mexican antitrust authority (Comisión Federal de Competencia Económica or Cofece) notified Mercado Libre of its preliminary findings, conclusions and recommendations regarding competition
US-based Coeur Mining reported gold and silver production results at its four mining units in 2023. To begin with, the Palmarejo gold and silver complex, located in the state of Chihuahua, in northern Mexico, decreased its gold production by 5.8%, to 100,605 ounces, at an annual rate. From
WTO agreements on Foreign Direct Investment (FDI), fisheries and e-commerce will be part of the negotiations and agreements among the 164 WTO members at the 13th WTO Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates. To begin with, ministers representing 123 WTO members issued a Joint Ministerial
Gatos Silver‘s silver production fell at a year-on-year rate of 10.7% in 2023, to 9.2 million ounces. Why? The decline is due to lower grades, as expected in the mine plan. The lower grades were partly offset by higher mill throughput, which averaged 2,935 tonnes per day in
The battery electric vehicles market is expected to account for 15% of global light vehicle production by 2024. This would increase from 12% in 2023 and 10% in 2022, according to projections by S&P Global Mobility. Overall, the electric vehicle market is steadily growing, experiencing a significant increase