The Federal Commission for Economic Competition (Cofece) authorized the merger between Premier Oil PLC (Premier) and Harbor North Sea Holdings, LID (HNSH). At the beginning, on November 17, 2020, Premier and HNSH notified Cofece of their intention to carry out a concentration, in accordance with the provisions of
The peso closed the session with a moderate depreciation of 0.26% or 5.2 cents, trading around 19.95 pesos per dollar, with the exchange rate touching a minimum of 19.8648 and a maximum of 19.9809 pesos. In the foreign exchange market, the Mexican peso lost along with most of
The demand for air cargo will exceed the demand levels registered before the pandemic, according to forecasts by the International Air Transport Association (IATA). Today, IATA forecasts point to air cargo demand growing 13.1% during 2020. This puts the air cargo business in positive territory compared to pre-crisis
América Móvil and AT&T lost share in the mobile telephony market in Mexico in the second quarter of 2020, according to the latest data available from the Federal Telecommunications Institute (IFT). On the one hand, América Móvil went from a participation of 63.8 in the second quarter of
US President Joe Biden has given hope of re-establishing the Appellate Body of the World Trade Organization (WTO), according to an analysis by the European Parliament. At the WTO General Council level, a coalition of members initially put forward specific solutions to the deadlock in a 2018 communication
Mexico and Brazil grant each other tariff preferences under the Economic Complementation Agreement (ACE 53). Preferential treatment under the ECA 53 is granted through a margin of preference over the MFN tariff rate. Originally Brazil granted preferences for 767 lines and Mexico for 770 lines (with the 8-digit