The World Trade Organization (WTO) will be led for the first time by a woman, Nigerian Ngozi Okonjo-Iweala, after a consensus on her candidacy emerged. Eight candidates were in the running, and on October 8, Okonjo-Iweala from Nigeria and Yoo Myung-hee from South Korea advanced as the top
Valero Energy Corp and its partner Darling Ingredients Inc reported that they will build a new 470 million gallon per year (DGD 3) renewable diesel plant at the Valero refinery in Port Arthur, Texas, in United States. The new plant is expected to begin operations in the second
The peso closed the week with an appreciation of 2.25% or 46.2 cents, trading around 20.11 pesos per dollar, touching a minimum of 20.0742 and a maximum of 20.5158 pesos. The exchange rate performance during the week was lateral, with no clear trend being observed. From a technical
The United States Chamber of Commerce (USCC) opined that the reform and addition to various provisions of the Electricity Industry Law could violate Mexico’s commitments in the Agreement between Mexico, the United States and Canada (T-MEC). The USCC also considered that this same initiative could create a monopoly
SilverCrest Metals approved the construction of a new gold and silver mine in Mexico. The mine will be located at the Las Chispas Property, which consists of 28 concessions, is 100% owned by the company and is located in the state of Sonora. The Feasibility Study estimates initial
The Gross Fixed Investment of Mexico accumulated 22 consecutive falls in November 2020 at an annual rate, informed the Inegi this Friday. In year-on-year terms, Gross Fixed Investment showed a contraction of 11.3% in November. Within it, total machinery and equipment expenses decreased 14.1% and in Construction they