After nearly three years, Citi announces the successful separation from Banamex
Citi announced on Monday the "successful separation" of its institutional banking operation in Mexico from its consumer and corporate banking...
Mexico
Trump’s tariffs could cost automakers up to 17% of their combined profits: S&P
Ver la entrada Automakers in Europe and the United States might lose up to 17% of their combined annual core...
Automotive industry urges caution and preparation for possible new tariffs
The head of the Mexican Automotive Industry Association (AMIA) stated on Tuesday that it is vital to wait for the...
Peso falls sharply at the open after Trump’s tariff threats
The peso fell dramatically on Tuesday, after U.S. President-elect Donald Trump announced earlier in the day that he would put...
Banorte intends to boost its loan portfolio by ten percent by 2025
Given the high demand for finance for subnational governments (states) as a result of the dynamism of nearshoring, Grupo Financiero...
Toyota announces $1.45 billion investment in its BC and Guanajuato factories
Toyota de México will invest $1.45 billion in Mexico to improve operations at its facilities in Baja California and Guanajuato....
With a 3 billion pesos investment, IKEA has its largest opening in Mexico
IKEA, a Swedish business, has established the country's largest shop in Guadalajara. The new shop, which has a surface area...
Banks believe they are prepared to finance government infrastructure projects by 2025
Some Mexican banks have already expressed interest in financing infrastructure projects to be carried out during Claudia Sheinbaum's administration, which...
Banorte expects GDP growth of 0.8 percent in the third quarter of the year
Despite beginning from a low reference point in the third quarter of the year, the Mexican economy would have improved....
In addition to Foxconn, 4 companies to build chip factories in Jalisco
According to Antonio Lancaster-Jones Gonzalez, coordinator of Industriales de Jalisco, four international corporations, including Taiwan's Foxconn, would invest in building...
