Fomento Economico Mexicano (FEMSA) announced this Monday that it has successfully closed the acquisition of OK Market, a chain of small format proximity stores in Chile, after having received the corresponding regulatory approvals. This transaction will add 134 locations to the existing presence of FEMSA’s Proximity business in
Pemex‘s total hydrocarbon production during the fourth quarter of 2021 averaged 2,474 million barrels of crude oil equivalent per day (MMboed). This is a growth of 89,000 barrels of crude oil equivalent (Mboced) compared to the same quarter of 2020. The data corresponds to the behavior of liquid
Mexico‘s car exports totaled 40,857 million dollars in 2021, a drop of 19.7% over 2019, according to statistics from the Bank of Mexico (Banxico). Compared to 2020, these exports increased 0.9 percent. Today, the automotive industry is experiencing a global supply shortage of semiconductors. For General Motors, supply
With a lot of schools closed due to the COVID-19 pandemic, more and more students are turning to online or remote learning. This can be a bit daunting for both teachers and students, but luckily, some great edtech tools can help make this process a little easier. As
Imports of alcoholic beverages to Mexico had an annual growth of 17.2% in 2021, to 832 million dollars, according to data from the Bank of Mexico (Banxico). With this, these sales practically reached their level of 2019, the year before the Covid-19 pandemic. Within these exports of alcoholic
The United States, Australia and China were placed as the main destinations for Mexican beer exports in 2021, according to data from the World Trade Organization (WTO). At the interannual rate, sales of beer from Mexico to the United States were 4,823 million dollars, an advance of 18%