Investment flows to the European Union remained strong in the first quarter of 2021, highlighted the European Central Bank. As a preamble, business investment (represented by non-construction capital) remains relatively resilient, increasing further in Q4 2020. On the one hand, non-construction investment has been supported by strong capital
Germany‘s exports (goods and services) were 2.1% lower in February 2021 than in the same month of the previous year, according to provisional data from the Federal Statistical Office (Destatis). Conversely, German imports increased 0.2% in calendar and seasonally adjusted terms in February 2020. For Germany, international trade
Kansas City Southern (KCS) posted a 4% drop in revenue in the first quarter of 2021, to $ 706 million. Among other causes, the result is due to lower volumes, lower fuel surcharge and fluctuations in foreign currency. Chemicals and petroleum As part of that income, it obtained
The Mexican peso closed the week with an appreciation of 1.15% or 23.2 cents, trading around 19.93 pesos per dollar, being the third consecutive week that it gained ground against the dollar, in which it accumulated an advance of 3.18 percent. The exchange rate touched a weekly maximum
The Federal Commission for Economic Competition (Cofece) denied that Infraestructura Portuaria Mexicana (IPM) participated in a tender in the Port of Tampico, Mexico. With number API/TAMPICO/TUM-II/01/20, the public tender aims to award a contract for the partial transfer of rights and obligations for the modernization, equipment and operation
China formally deposited the approval letter of the Regional Comprehensive Economic Association (RCEP) on Friday with the Secretary General of the Association of Southeast Asian Nations (ASEAN). With this, China finalizes the RCEP approval process. Earlier, on November 15, the 10 members of ASEAN, as well as China,