The Tax Administration Service (SAT) seized goods at Mexican customs for 4,081 million pesos during the third quarter of 2021. Thus, the value of the illegally introduced merchandise was lower by 405.5 million pesos compared to the same period of the previous year. Likewise, the SAT determined the
Together with his counterparts from the United States and Canada, Juan Gallardo Thurlow, president of the CULTIBA Council and leader of the International Affairs Committee of the Mexican Business Council of Mexico, highlighted the upcoming North American Leaders Summit. At the regional level, Mexico is a member of
The companies Televisa, Megacable-MCM and Total Play gained market share in fixed telephony services in Mexico in 2020 compared to 2019, reported the Federal Telecommunications Institute (IFT). On the contrary, América Móvil, Axtel, Telefónica and Maxcom lost market share in the same measurement. At the end of 2020,
Mexico‘s Federal Economic Competition Commission (Cofece) approved the merger between Uber Freight and Tupelo Aggregator. To begin with, on July 22, 2021, Uber Freight Holding Corporation (Uber Freight), a subsidiary of Uber Technologies (Uber), announced that it had entered into a stock purchase agreement, by and between Uber
The automotive industry recorded the largest drop in the World Trade Organization (WTO) Trade in Goods Barometer. In particular, the auto products index (85.9) fell below trend, due to a shortage of semiconductors, which hampered vehicle production worldwide. This shortage was also reflected in the electronic components index
At an event held within the framework of COP26, ArcelorMittal and the Quebec government announced an investment of C $ 205 million by ArcelorMittal Mining Canada (AMMC) in its Port-Cartier pellet plant. With this, this facility will convert its 110 million tonnes of annual pellet production to drive