Grupo Mexico, the fifth largest copper producer in the world, reported on the progress of its El Arco project in Mexico. The project is based on a world-class copper deposit located in the central part of the Baja California peninsula, with ore reserves in excess of 1.23 billion
Walmart de México‘s e-commerce sales represented 5.7 percent of its revenues in the second quarter of 2023. Thus, this indicator continued to advance at a double-digit rate (21 percent). The company’s revenues rose at a year-on-year rate of 9.3 percent in the second quarter of the current year,
Banco Base published an analysis on the United States economic projection, after announcing that the U.S. GDP grew during the second quarter of 2023 at an annualized quarterly rate of 2.4% and at an annual rate of 2.6 percent. Therefore, GDP growth for the first half of the
Orbia‘s outlook is cautious, after posting a 15 percent year-on-year drop in net sales in the first half of 2023, to US$4.457 billion. At the same time, its net income was US$112 million, a plunge of 81 percent. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building
Cemex‘s sales totaled US$8.602 billion in the first half of 2023, with cement sales in Mexico standing out. On a year-over-year basis, this amount grew 11%, according to Cemex, a global building materials company. On the one hand, the results implied for Mexico its first increase in cement
Inegi reported this Thursday Mexico‘s foreign trade statistics for the first half of 2023, with a deficit of 6.344 billion dollars. On the one hand, Mexican exports totaled 291,968.5 million dollars, this is an increase of 3.9% year-on-year. On the other hand, imports to Mexico totaled 298,312.3 million