Industrias Peñoles plans to have 60% of its electrical energy from clean sources by 2024. The company is supplied with clean energy from two wind power plants, one in Oaxaca and the other in Coahuila, as well as cogeneration from steam at Química del Rey and Metalúrgica Met-Mex.
Mexico‘s Federal Economic Competition Commission (Cofece) authorized the merger between Uber Technologies and Cornershop. In October 2019, it agreed to buy a majority stake in Cornershop, an online grocery delivery platform that operates primarily in Chile and Mexico, which was completed in 2020. Consequently, Cofece authorized the concentration
Canadian company Fortuna Sirlver reported that it will invest $ 23.4 million in its San José mine in Mexico, including $ 13.4 million for sustained capital expenditures and $ 10.0 million for Brownfields exploration programs. Fortuna Silver Mines Inc. is a Canadian precious metals mining company with operations
Kansas City Southern (KCS) reported an 8.1% year-on-year decline in its 2020 revenue on Friday, to $ 2.632 billion. Covid-19 costs increased total expenses for the year ended December 31, 2020 by approximately $ 10.0 million, primarily due to wages paid to certain high-risk employees who were allowed
The Federal Institute of Telecommunications (IFT) and the Federal Economic Competition Commission (Cofece) will not disappear, said the Secretary of Economy, Tatiana Clouthier, on Friday in a virtual meeting with deputies from Morena. «There are relevant issues in the T-MEC that have to do with some of the
The peso closed January with a depreciation of 2.78% or 55.4 cents, trading around 20.47 pesos per dollar, with the exchange rate touching a minimum of 19.5494 and a maximum of 20.5500 pesos, with a volatility of 13.48%, the highest for the same month since 2017. In the