The peso begins the session with a depreciation of 0.53% or 10.4 cents, trading around 19.87 pesos per dollar, being the second most depreciated currency in the exchange market in the face of a generalized strengthening of the US dollar, after last week the US currency reached minimum
South Korean automaker Kia is recalling 294,756 vehicles in the US market, after the US government warned that the engines could stall or catch fire. The estimated percentage defective for that universe is 1 percent. Korean companies, now largely merged into Hyundai-Kia, have grown strongly in recent years.
Canadian exports (products, excluding services) increased 2.2% in October year-on-year to C $ 46.5 billion, according to Statistics Canada. In October, 8 out of 11 product sections increased and non-energy exports increased 1.3 percent. In real (or volume) terms, total canadian exports increased 1.2 percent. After a sharp
Mexico’s oil exports to the United States grew 9.3% year-on-year in September 2020, to 17,149,000 barrels. Mexico is a major exporter of crude oil, the third largest in the Americas behind the United States and Canada. From January to September 2020, Mexico’s oil exports totaled 188 million 730,000
Orla Mining reported that it plans more drilling at a mining project in Zacatecas, Mexico, predominantly for gold and silver. It is being developed by the Red Path Oxide Gold Project and has begun a regional 6,000 meter reverse circulation drilling program to test geophysical induced polarization anomalies
Nemak announced this Friday that its controlling company, Alfa, received authorization from the National Banking and Securities Commission (CNBV) to register the shares of Controladora Nemak, S.A.B. de C.V. (BMV: NMK) in the National Securities Registry. As a result of the transaction, Alfa shareholders will receive one share