The United States and the European Union (EU) announced a bilateral reduction in tariffs for the first time in more than two decades. Under the agreement, the EU will remove tariffs on imports of US live and frozen lobster products. US exports of these products to the EU
The peso closed the week with little change, showing an advance of 0.03%, trading around 21.97 pesos per dollar. Volatile sessions were observed during the week, as the exchange rate traded between a minimum of 21,9067 and a maximum of 22,3289 pesos per dollar, without a clear trend
The Federal Electricity Commission (CFE) signed 61 contracts with industrial clients in their qualified supply business, equal to or greater than 1 MW. In the Supply business line, the federal government set up the Basic Supply subsidiary, which is oriented towards non-industrial customers in general, as well as
The companies Ferrocarril Mexicano (Ferromex) and Kansas City Southern de México (KCSM) registered drops of 1.2 and 3.1%, respectively, in the movement of rail freight in Mexico in the first half of 2020, at annual rates. Rail transport moved 58 million 962,000 tons in the first six months
Televisa’s exports totaled $ 11.381 billion in 2019, a 15.7% year-on-year drop. Televisa is a leading media company in the Spanish-speaking world, a major cable operator, an operator of a leading direct-to-home satellite pay television system, and a broadband provider in Mexico. Televisa’s exports totaled 10,050 million dollars
Coca-Cola FEMSA has relied increasingly on the Coca-Cola brand for its total sales volume in recent years. At the end of 2019, the company owned 49 bottling plants. By country, at that date, it had 17 bottling plants and 5 secondary plants for a total of 22 in