The peso closed the session with a moderate appreciation of 0.32% or 7 cents, trading around 21.71 pesos per dollar, after losing ground during the morning, reaching a price of 21.8927 pesos. Along with the peso, other currencies of emerging economies gained ground, such as the Brazilian real,
Ford Motor Co. said Wednesday that it plans to cut 1,400 employees in the United States by the end of 2020. In the first half of 2020, the company posted revenue of $ 53.691 million, a year-on-year decline of 32.2 percent. The move comes as the impact of
The Mexico-Toluca Interurban Train, which was originally planned to open in 2018, is 87.6% complete, according to information from the federal government, as of June 2020. Slowly, the federal government continues with the construction of this proyect and plans that by the second half of 2020 the civil
Coca-Cola FEMSA announced on Tuesday that it placed a green bond for $ 705 million at 1.850% with maturity in 2032. The company is the world’s largest franchise bottler of The Coca-Cola Company by sales volume. In a statement, Coca-Cola FEMSA informed that it intends to allocate an
The peso begins the session with a depreciation of 0.28% or 6.1 cents, trading around 21.84 pesos per dollar, before an upward correction of the US dollar against its main crosses, which registers an advance of 0.25% according to the weighted index. In global financial markets, there is
The US government intends to impose a safeguard against imports of strawberries and bell peppers. The United States Trade Representation (USTR, for its acronym in English) reported on Tuesday that it will work with national producers to initiate an investigation by the International Trade Commission to monitor and