Global financial markets begin the session on Wednesday with mixed results, due to the absence of relevant economic indicators and to the fact that there is wide uncertainty about the future of the economic recovery. The capital markets show moderate losses in Europe, while the futures market announces
Televisa reported that its net sales decreased 7.8% at the annual rate in the second quarter of 2020, to 22,407.2 million pesos. This decrease is mainly attributable to the decrease in sales of Advertising and Other Businesses. The profit of the operating segments of Televisa fell 12.4%, reaching
The Ministry of the Economy and the Tax Administration Service (SAT) won an Investor-State case against Vento Motorcycles under the North American Free Trade Agreement (NAFTA). The NAFTA Arbitral Tribunal issued an award on July 6, determining that Mexico did not breach international commitments against Vento Motorcycles, Inc.,
Jesús Seade knows the economic dynamics of Asia, said Armando G. Álvarez, Mexico’s ambassador to Indonesia, as part of a dissemination campaign carried out by the Ministry of Foreign Affairs (SRE). In the race for the post of Director-General of the World Trade Organization (WTO), Jesús Seade has
The peso closed the session with a depreciation of 2.09% or 46.8 cents, trading around 22.82 pesos per dollar, ranking as the most depreciated currency in the basket of major crosses and among the currencies of emerging economies, as a result of an increase in perception global risk.
Volaris reported that it carried a total of 585,000 passengers in June, a drop of 68.9% year-on-year. The company is an ultra-low-cost airline serving Mexico, the United States, and Central America. At the same time, Volaris accumulated 6,382,000 passengers carried in the first half of the year, a