General Motors reported this Thursday that it will produce electric vehicles in Mexico for which it will have part of an investment of more than 1,000 million dollars in the country. Also part of that investment will go to the Ramos Arizpe Manufacturing Complex, Coahuila, to inaugurate a
The European Union (EU) rejected on Wednesday the establishment of a panel on imports of palm oil and certain biofuels within the framework of the World Trade Organization (WTO). Initially, Malaysia submitted a first request for a panel to examine certain measures imposed by the EU and EU
China on Wednesday rejected the installation of a panel on barley imports from Australia within the framework of the World Trade Organization (WTO). Since May 2020, China imposed quotas of 80.5% on barley imports originating in Australia following the conclusion of an 18-month investigation. Australia then filed a
Higher PVC prices boosted Orbia’s revenue at a year-on-year rate of 18% in the first quarter of 2021, to $ 1.914 billion. In addition, while the profits of this company grew 125%, to 173 million dollars, its Ebitda climbed 46%, to 451 million dollars, in the same comparison.
The peso starts the session with a depreciation of 0.29% or 5.9 cents, trading around 19.97 pesos per dollar, with the exchange rate touching a minimum of 19.8695 and a maximum of 19.9769 pesos, in view of the expectation that the accelerated economic recovery may cause the Federal
Walmart de México y Centroamérica (Walmex) reported that it is building two distribution centers in Mexico. For the company, logistics is one of the key enablers of its strategy. Currently, Walmart de México is building two new distribution centers that will be ready to operate soon: one dedicated