The Mexican Electricity Industry Law will affect the Mexican textile industry, an analysis by the Department of Agriculture (USDA) indicated. After the discussion and approval of the Chamber of Deputies, the Senate of the Republic approved on March 3 the Initiative for a Decree by which various provisions
Grupo Vasconia informed that it will operate, through its subsidiary Alucal, the largest aluminum rolling mill in Latin America. Headquartered in Cuautitlán, Mexico, Grupo Vasconia and its subsidiaries are dedicated to the manufacture and sale of flat aluminum, plate, sheet and foil, and to the manufacture and/or marketing
The peso begins the session with an appreciation of 0.17% or 3.5 cents, with the exchange rate trading around 20.28 pesos per dollar, after reaching a maximum on Thursday, April 1, of 20.4974 pesos. Since Friday, the main factor that has generated volatility in financial markets has been
The United States government asked its counterpart in Mexico that Mexican customs broker can operate in any port. Today, questioned the United States Trade Representation (USTR), Mexico continues to impose unjustified limits on the number of ports in which customs broker can operate. Specifically, Article 161 of the
The oil company Eni SpA reported that it is preparing two oil production platforms in Mexico. In general, the development activities of that company in Mexico refer mainly to the full field development program of the Area 1 operated license (Eni’s 100% stake), already in production. Development drilling
Marriott International reported that it plans to invest approximately $ 575 million to $ 650 million in 2021. In addition, these investments include contract acquisition costs, equity and other investments, loan advances, and various capital expenditures (including about $ 220 million for capital expenditures for maintenance and its