The peso closed the session with a depreciation of 0.46% or 9.2 cents, trading around 19.86 pesos per dollar, as a weakening of most currencies was observed against the dollar, which led the weighted index of the US dollar to advance 0.15%, its first daily increase since Monday,
China’s imports of products totaled 192.65 billion dollars in November, a year-on-year increase of 4.5%, the General Administration of Customs of that country reported on Monday. Conversely, Chinese exports totaled 268.07 billion dollars, an increase of 21.1%, at an annual rate. In China, the economic recovery continued during
The European Commission reported this Monday that it approved the proposed acquisition of BASF Colors & Effects by DIC Corporation (DIC). Approval is conditional on full compliance with a package of commitments offered by DIC. Executive Vice President Margrethe Vestager, in charge of competition policy, said: “Pigments are
América Móvil topped the ranking of the largest mergers and acquisitions of trans-Latin companies 2019-2020, reported the Economic Commission for Latin America and the Caribbean (Cepal). Among the purchasing companies, the following stood out: América Móvil, Empresas CMPC, LATAM Airlines Group, BICECORP, NCB Financial Group, Arauco, Enel Américas,
Estafeta and Volaris led the air cargo sector in national regular services in Mexico from January to October 2020, according to data from the Ministry of Communications and Transportation (SCT). During that period, Estafeta transported 19,224 tons, a year-on-year drop of 14.5 percent. For its part, Volaris handled
Tatiana Clouthier, Deputy Coordinator of Morena in the Chamber of Deputies, was proposed by President Andrés Manuel López Obrador to occupy the post of the Ministry of Economy. In turn, the current Secretary of the Economy, Graciela Márquez, was proposed as a new member of the governing board