The Federal Commission of Economic Competition (Cofece) of Mexico approved the concentration between Diageo, a British company dedicated to the manufacture and distribution of alcoholic beverages, and Mezcal Union. To start this transaction, on September 15, 2021, Diageo México Comercializadora (Diageo); Diageo Mexico Operations, and Mezcal Unión Holding
The American company Caterpillar reported this Friday that it registered sales and income of 51,000 million dollars, 22% more than in 2020. Mostly, the increase reflected increased demand for equipment and services from end users and the impact of changes in dealer inventories. Caterpillar is the world’s leading
The average growth of e-commerce in Mexico has been exponential, highlighted Icex, the organization that promotes trade and investment in Spain. Since 2016, Mexico has been above the Latin American average every year. Specifically, in 2020, this growth has been 59%, while the average in Latin America was
Rising geopolitical tensions risk becoming another force for global divergence, according to a report released by the World Economic Forum (WEF). As competition between the United States and China is increasing, China’s growing military prowess is changing the balance of power in the Western Pacific. The US is
Analysis by staff at the International Monetary Fund (IMF) suggests that supply chain disruptions reduced global GDP growth by 0.5 to 1.0 percentage points in 2021. At the same time, these interruptions added 1.0 percentage points to core inflation. First of all, the shift towards consumption of goods,
The Federal Economic Competition Commission (Cofece) of Mexico authorized the concentration of Ganfeng with Bacanora Lithium. First of all, on August 16, 2021, Ganfeng International Trading (Shanghai) Lirnited (Ganfeng International) notified Cofece of its intention to carry out a concentration, in accordance with the provisions of article 90