The Mexican peso begins the session with an appreciation of 0.29% or 5.7 cents, trading around 19.86 pesos per dollar. The appreciation of the peso is due to three factors: First factor The market is anticipating the Federal Reserve’s monetary policy announcement to show accommodative language. On this
Latam Airlines reported that its indicator of Passengers per Kilometer Transported (RPK) registered a year-on-year decrease of 70.6% from January to November 2020. The RPK is the number of passengers carried multiplied by the distance traveled. Latam also presented a 66.6% drop in its Seats per Kilometer Offered
The peso closed the session with an appreciation of 1.60% or 32.4 cents, trading around 19.92 pesos per dollar, the highest daily advance since September 9. With this, the Mexican peso became the most appreciated currency in the wide basket of main crosses, followed by the South African
The United States is ranked first among the world’s largest commercial services exporters, according to UNCTAD data. In descending order, the United Kingdom, Germany, France and the Netherlands follow, among the developed economies of the planet. After a modest 1.9 percent increase in 2019, global services exports fell
Games, including casinos, is the main economic activity in Macau, China, although its contribution to GDP decreased from 62.9% in 2012 to 50.5% in 2018, a report by the World Trade Organization (WTO) indicated. The authorities have tried to diversify the economy into different sectors, as the high
TC Energy Corporation announced Tuesday that it has entered into a definitive agreement and merger plan to acquire all outstanding common units of TC PipeLines, LP that are not owned by TC Energy or its affiliates in exchange for TC Energy Common Shares. Pursuant to the agreement, TC