Grupo México gives Citi 10 days to respond to their bid for 100% of Banamex
Grupo México informed the Mexican Stock Exchange that it has given Citigroup 10 days for its board of directors and...
Tesla’s next event will feature the launch of a more inexpensive electric automobile
Tesla has scheduled an event for October 7, during which investors and analysts expect the unveiling of a more affordable...
Mattel works with OpenAI to test an artificial intelligence video model
Toy manufacturer Mattel has partnered with OpenAI to test the ChatGPT creator's Sora 2 artificial intelligence video model. OpenAI CEO...
Elon Musk’s $1 billion payment proposal is facing rejection from investors and state regulators
Tesla shareholders, including SOC Investment Group and various state authorities, asked investors to vote against Elon Musk's $1 trillion pay...
Grupo México bids to acquire up to 100% of Banamex
Grupo México declared that it has launched a binding offer for up to 100% of the shares of Grupo Financiero...
Cemex sold its operations in Panama to Grupo Estrella for $200 million
Cemex, the giant cement company, has sold its operations in Panama to Grupo Estrella for $200 million as part of...
OpenAI gets a valuation of $500 billion after selling shares to SoftBank and others
OpenAI, the business behind ChatGPT, was valued at $500 billion after current and former workers sold shares worth around $6.6...
Fitch raises Pemex rating
Fitch Ratings raised Pemex's long-term debt rating from 'BB' to 'BB+', citing a stable outlook. The agency ascribed the upgrade...
Apple halts the Vision Pro review to focus on smart glasses
Apple halted a planned overhaul of its Vision Pro mixed reality headset to redirect resources toward smart glasses that would...
Tariffs on Chinese cars will boost sales of vehicles manufactured in Mexico
Claudia Sheinbaum Pardo's government's tariffs on cars from China, South Korea, India, and Thailand are expected to stimulate sales of...