Competition between América Móvil, owner of the Telcel brand, and Telefónica, owner of the Movistar brand, continues in Mexico, but both have lost market share in terms of the number of lines. According to the latest statistics from the Federal Telecommunications Institute (IFT) corresponding to the last quarter
Mexico‘s Secretary of Economy, Raquel Buenrostro, held a virtual meeting with the representative of the USTR, Katherine Tai, to address shared concerns about steel trade in North America. During the meeting, both officials agreed that frank and direct dialogue is part of the success of the trade relationship
The largest markets for Pepsico, a multinational food and beverage company, were the United States, Mexico and Canada in 2023. Globally, this company’s revenues were US$91.471 billion last year, up 5.9% over 2022. Through its operations, authorized bottlers, contract manufacturers and other third parties, Pepsico manufactures, markets, distributes
Aptiv PLC, an automotive technology supplier, operates 11 major technical centers in China, Germany, India, Mexico, Poland, Singapore and the United States. In general, companies often establish technical centers to advance innovation, improve existing products and develop new technologies. In 2023, this company had a 14.6% year-on-year increase
Gasoline imports to Mexico totaled US$16.775 billion in 2023, an amount 28% lower compared to 2022. In the context of that trade, Mexico’s Energy Ministry opened the Olmeca refinery in Dos Bocas, Tabasco, for testing on July 1, 2022, and the site is expected to process 340,000 barrels
Exports of fresh strawberries from Mexico to the world fell 4.6% from 2022 to 2023, totaling US$750 million, according to data from the Ministry of Economy. Mexico has year-round strawberry production due to the use of protected horticulture and its favorable climate in different regions. After growing from