World freight traffic by air transport registered a 12.6% year-on-year decrease in August of the current year, 0.9 percentage points more than the fall of the previous month, the International Civil Aviation Organization (ICAO) reported. For the first time since May, all regions registered improvements in the recovery
The Federal Economic Competition Commission (Cofece) approved the merger between Andean Social Infrastructure Fund I LP (Andean) and GEPIF II MCF Finance Dublin DAC (GEPIF). On August 20, both companies notified Cefece of their intention to carry out a concentration, in accordance with the provisions of article 90
Foreign Direct Investment (FDI) flows will recover «at the earliest» until 2022, the United Nations Conference on Trade and Development (UNCTAD) reported on Thursday. The Covid-19 pandemic has had an immediate and negative impact on FDI in 2020. The outlook remains dire, with further deterioration projected in 2021.
The number of cross-border mergers and acquisitions fell 15% in the first eight months of 2020, at an annual rate, the United Nations Conference on Trade and Development (UNCTAD) reported on Thursday, without specifying the number of transactions. In developed economies, where they represent a significant part of
The peso starts the session with little change compared to yesterday’s close, trading around 20.32 pesos per dollar, touching overnight a minimum of 20.29 and a maximum of 20.43 pesos. Although the exchange rate remains relatively stable, most currencies in the foreign exchange market lose ground against the
Customs and Border Protection’s Office of Field Operations (CBP) seized more than $ 20 million in designer jewelry in the Detroit Windsor Tunnel on Monday. The jewelry was destined for a New York auction house, where it would be appraised and eventually sold on behalf of the owner,