Mexican Stock Exchange is Worst Performer in the Americas
Economic analysts noted that key factors like President-elect Sheinbaum’s cabinet appointments and the outcome of the upcoming U.S. presidential elections
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Mexico’s Next President: Nearshoring
Nearshoring picked up steam when the covid-19 pandemic exposed the considerable risks inherent in the supply chains for numerous critically important products and intermediate goods for which there was often a single supplier
Read moreMexican Businesses Benefit by Delisting from Domestic Stock Market
The financial advantages of exiting the Mexican Stock Exchange have prompted 9 percent of Mexican companies on the market to delist from the exchange during the last six years
Read moreWorld on Edge: Calling All Statesmen
concerns have emerged over the possibility of an expanding crisis as Iran confirmed its involvement in the Hamas attacks and Iranian-backed Hezbollah intensifies its presence along Israel’s northern border
Read moreCitigroup Ends Direct Sale of Banamex, Announces IPO
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
Read moreAMLO Administration Expropriates Private Railroads from Grupo México
As a result of the railways expropriation, Grupo México shares on the Mexican Stock Exchange (BMV) fell by 4.29 percent
Read moreSlim Pulls Out of Banamex Purchase
PULSE NEWS MEXICO Mexican billionaire Carlos Slim’s Inbursa financial group announced on Wednesday, Nov. 23, that it was withdrawing from its former commitment to purchase Banamex, Citigroup’s consumer and corporate banking business in Mexico. “After the presentation of a nonbinding proposal for the acquisition of said businesses, the parties have mutually agreed that Imbursa will not continue in the following
Read moreMexico’s Opposition Parties Hang Tight for Next Election
OPINION By RICARDO CASTILLO For four Mexican opposition political parties, it is the lull before the storm, scheduled for Sunday, June 5, when elections for governor will be held in six states. For sure the leaders of those parties are keeping up the competitive spirit, claiming the candidates they support will come out victors, a hope contenders claim is wishful
Read moreAeroméxico Stock Crashes to Near Worthlessness
By THE PULSE NEWS MEXICO STAFF The value of stocks in Mexico’s official airlines, Aeroméxico, plunged by 29 percent, to just .41 pesos per unit, on Wednesday, March 16 — their lowest price ever — as the company began the final steps to emerge from Chapter 11 bankruptcy. Aeroméxico won a U.S. court permission to emerge from Chapter 11 in
Read moreAeroméxico Drops $80.4 in Value Over Two Days
By KELIN DILLON Mexico’s flag carrier airline, Aeroméxico, experienced massive losses at the end of last week, losing more than $80.4 million in value over the course of two days and dropping stock prices to 1.66 pesos per share, the airline’s lowest share price in history. While having a $118.6 million market share as of Wednesday, Dec. 15, Aeroméxico lost
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