Grupo Cemza subsidiaries Marinsa and Enermar were recently granted 160 million pesos worth of contracts by Petróleos Mexicanos despite allegations of money laundering and non-compliance against the parent company’s leadership
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As Mexico’s corn farmers protest against the low price of corn and stalled negotiations with the federal government, the National Regeneration Movement governor attempted to shift blame away from the government and onto private enterprise
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By coordinating and verifying personal biometrics and facial recognition technology online with the National Electoral Institute (INE), Banca Azteca can check and authenticate applicants’ data to prevent possible identity thefts
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In the first five months of 2023, vehicle production rose 13.4 percent and car exports grew by 9.2 percent to 1,273,915 units, with the bulk of shipments going to the United States
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According to López Obrador, Grupo México has volunteered to temporarily concede the 120 kilometers of tracks on Ferrosur’s southeastern Tehuantepec Isthmus Railroad to Semar in exchange for an extended eight-year concession period for this same stretch of tracks spanning from 2036 to 2044
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Citigroup’s pivot away from the direct sale of Mexican bank Banamex to instead seek an IPO in 2025 was partially prompted by López Obrador’s continued demands surrounding the sale, financial experts say
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After a year and a half of negotiating with Mexican firms for the sale of Banamex, New York financial firm Citigroup announced that Banamex will instead be sold via initial public offering in 2025
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As a result of the railways expropriation, Grupo México shares on the Mexican Stock Exchange (BMV) fell by 4.29 percent
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The bank said it expects inflation to stand at 4.7 percent at the end of 2023 and 3.1 percent at the end of 2024
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Hundreds of thousands of fans queued online for tickets to Miguel’s highly anticipated fall tour in Mexico on Tuesday, prompting the Mexican singer to announce new tour dates to meet demand
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