Ferromex carried out a successful issuance of stock certificates at a fixed rate of seven years and another at a variable rate of four years, for a total of 5,000 million pesos. «This debt placement confirms the confidence that the company has in the recovery of the Mexican
The Kansas City Southern (KCS) network allows it to play an important role in linking Mexican manufacturers, especially in the automotive sector, with customers anywhere in North America, highlighted an analysis by the US Congress. Above all, KCS is one of the two largest railroads in Mexico and
The peso starts the session with an appreciation of 0.14% or 2.8 cents, trading around 19.75 pesos per dollar, with the exchange rate touching a maximum of 19.7981 and a minimum of 19.7197 pesos. The appreciation of the peso is due to a greater appetite for risk at
The Canadian government is concerned about the investment climate in the mining sector and the energy industry in Mexico, said Mary Ng, Canadian Minister for Small Business, Export Promotion and International Trade. Mexico is the world’s fourth largest recipient of foreign direct investment (FDI) for mining and the
Katherine Tai, trade representative of the United States, reported in a statement points about her virtual meeting with Tatiana Clouthier, Secretary of the Economy of Mexico. The meeting was held within the framework of the Free Trade Commission of the United States-Mexico-Canada Agreement (USMCA). Katherine Tai and Tatiana
The Federal Economic Competition Commission (Cofece) of Mexico approved the merger between China Communications Construction Company (CCCC) and Mota-Engil The notified operation consists of the acquisition by CCCC a part of the total issued and outstanding shares of Mota-Engil. CCCC, which is the fourth largest construction company in