Almost a year after the magnate of tesla, Elon Muskwill confirm the construction of the assembly plant electric carsin the northern Mexican state of Nuevo León, President Samuel García assured that the project works will begin next Sunday, March 3. During an event held this Friday, the head of the state executive spoke about the […]
Tag: Mexico
López Obrador calls the Judiciary a corrupt oligarchy for freeing the former head of Pemex
The president of Mexico, Andrés Manuel López Obradoraccused the Judiciary this Wednesday of being a “corrupt oligarchy” after a judge granted procedural freedom to the former director of Petróleos Mexicanos (Pemex) Emilio Lozoya, main defendant in the Brazilian Odebrecht bribery network. “The Judiciary is now dominated by the corrupt oligarchy, it is at the service […]
They grant procedural freedom to the former director of Pemex involved in the Odebrecht case
:quality(75)/s3.amazonaws.com/arc-authors/elcomercio/d7dd75bf-cad5-4b80-bf44-b4db84941f7a.jpg?fit=%2C&ssl=1)
A Mexican judge granted procedural freedom this Tuesday to Emilio Lozoya, former director of Petróleos Mexicanos (Pemex) and the main person implicated in the country in the bribery scandal of the Brazilian Odebrechtso he will remain under house arrest, according to the Attorney General’s Office (FGR). “Today, the amparo judge Juan Pedro Contreras Navarro, leaves […]
Grupo Bimbo: net profits fall 67% in 2023 due to pension plans
He Mexican group Bimbothe largest bakery company in the world, reported this Monday net profits of 15,477 million pesos (about US$ 908.3 million) in all of 2023, 67% less than the 46,910 million pesos (US$ 2,752 million) in 2022. According to its fourth quarterly report of the year to Mexican Stock Exchange (BMV), The Mexican […]
Mexican presidential campaign heats up engines with protest and registration of favorite
Two weeks before the start of the presidential campaign in Mexicotens of thousands of opponents demonstrated this Sunday for a “free vote”, while the official leader Claudia Sheinbaum, favorite in the polls, formalized her candidacy. Dressed in white and pink, the detractors of the leftist president Andrés Manuel López Obrador filled the Zócalo, the main […]
Cemex issues sustainable stock certificates for US$ 322 million
The Mexican cemexone of the largest cement producers in the world, reported this Friday the issuance of long-term stock certificates related to sustainability for 5.5 billion Mexican pesos (about US$322.6 million). The settlement of the issued bond, with the HSCB bank as intermediary, is anticipated for next February 20 “and is subject to compliance with […]
Bank of America sees Pemex as the main fiscal risk for Mexico
The state Mexican oil (Pemex) is the main fiscal risk that the Mexican Government will face in the coming years, warned this Tuesday Carlos Capistrán, chief economist for Mexico and Canada at Bank of America (BofA). “Indeed, Pemex It is a risk and probably the number one fiscal risk that the present Administration has and […]
President of Mexico rejects the Government’s repurchase of Telmex telephone company
The Mexican president, Andrés Manuel López Obradorrejected this Tuesday that the Government buy back Telephones of Mexico (Telmex) after the magnate Carlos Slimwho acquired the former state company in 1990, acknowledged that “it’s no longer business”. “No, no, no, not at all. And Carlos has done well because he is a good businessman, just as […]
The US imported more from Mexico than from China in 2023, the first time in two decades
For the first time in 20 years, USA imported more goods and services from Mexico than from Chinaaccording to official data published this Wednesday, which indicates that the US deficit in its foreign trade in goods and services closed 2023 with a drop of 18.7%. The pandemic and the trade tensions between the two in […]
Mexico admits US labor review in call center that operates for BBVA
This Tuesday, Mexico admitted a request for a review from the United States on collective rights in the company Atento Servicios, a call center whose clients include BBVA México in the city of Pachuca, in the center of the country. The review will occur under the Rapid Response Labor Mechanism (MLRR) of the Treaty between […]