Fossil fuels accounted for the majority of America’s energy production and consumption in 2019, the International Energy Agency (EIA) reported. Fossil fuels are sources of energy formed in the earth’s crust from decomposing organic material, including oil, natural gas, and coal. In 2019, 80% of the national energy
The Mexican peso began the week with an appreciation of 0.88% or 18.6 cents, trading around 21.09 pesos per dollar, after hitting a minimum of 21.0402 pesos, a level not seen since March 11. In the session, the Mexican peso was the most appreciated currency, followed by the
América Móvil announced on Monday that it had entered into a contract with Verizon Communications Inc. (Verizon) for the sale of 100% of its subsidiary Tracfone Wireless, Inc. (Tracfone), the largest virtual operator of prepaid mobile services in the United States, which serves 21 million subscribers. The agreed
Global air cargo presented a year-on-year drop of 28% in the first half of 2020, according to data from the International Civil Aviation Organization (ICAO). Since the start of the Covid-19 outbreak, both the capacity offered and the demand for travel plummeted. The situation worsened along with the
Since the beginning of the restrictions around the health emergency, Alsea’s same store sales (SSS) have been affected by the temporary closure of its units, thus limiting its sales capacity to home and counter delivery of its food, Intercam Banco opined. More recently, some of Alsea’s units have
Grupo México plans to invest 71 million dollars in its highway projects in 2020. This item is part of investments for a total of 412 million dollars that the company estimates to spend in the current year. During 2019, Grupo México Autopistas had revenues of 43 million dollars,