The Federal Economic Competition Commission (Cofece) authorized the merger between Smithfield Foods and Agrobiotecnología Industrial de México. The notified operation consists of increasing Smithfield’s indirect participation in the capital stock of Granjas Carroll de México. At the beginning, on December 18, 2020, Smithfield and Agrobiotecnología Industrial de México
Australia‘s exports posted 6% month-on-month growth in May to A $ 42.233 million. The amount includes both sales of products and services. Conversely, Australian imports totaled AU $ 32.552 million, an advance of 3% month-on-month. In both cases the comparison uses seasonally adjusted figures. Separately, Australia’s exports of
The IMEF Manufacturing Indicator of Mexico did not register a change in June compared to May and remained at 52.4 units, thus remaining in the expansion zone for the fourth consecutive month. Its trend-cycle series increased 0.4 points to settle at 52.4 units and register five consecutive months
Katherine Tai and Mary Ng, the trade ministers of the United States and Canada, respectively, will visit Mexico to celebrate the first year of the USMCA. The meeting will be held on July 7 in Mexico City, together with the Secretary of Economy, Tatiana Clouthier. Katherine Tai has
Unilever Mexico reported that it will expand its food and ice cream production in Mexico, which will allow it to export part of these products to North America. The company has already invested 4,000 million pesos from 2018 to 2020. «In this way, Unilever will increase the production
The manufacturing sector in the United States slowed in June, according to the PMI from the Institute of Supply Management (ISM). Indeed, the June manufacturing PMI registered 60.6 percent, a decrease of 0.6 percentage points from the May reading of 61.2 percent. Economic activity in the manufacturing sector