MND_BUSINESS
Cox Energy buys departing Iberdrola’s Mexican assets for US $4.2 billion
The sale marks the final chapter of Iberdrola's departure from the Mexican market, and a step forward in Cox's further investment in Mexican energy and water.
Mexican peso loses ground following a weak US jobs report
Despite a tough week, the peso remains in a significantly better position than where it was at the beginning of 2025.
Nissan announces plans to close its historic Cuernavaca plant, moving production...
The state of Morelo plant, which began operations in 1966, was not only Nissan's first production facility in Mexico but also the brand's first outside Japan.
Most US trade remains duty-free after Mexico secures a 90-day extension on Trump’s most...
Mexico will use the next three months to work toward a longer-term trade agreement, Sheinbaum said.
Mexico set to launch its own AI language model backed by Nvidia
The government’s ambition is to make its AI project accessible to over 5 million university students and more than 5 million businesses, with the expectation of seeing “visible and tangible results” in two years’ time.
Mexican officials optimistic about last-minute deal to avoid 30% US tariff
Mexico's economy minister said that "the results" of Mexico's negotiations with the United States over the 30% tariff will be known on Friday, Aug. 1.
Mexico’s economy grew 0.7% in Q2, outpacing analysts’ forecasts
The growth rate was 0.3 percentage points higher than the 0.4% median forecast of 13 analysts surveyed by Reuters.
42 Brazilian companies eye major investments in Mexico amid US trade concerns
The mutual interest in each other's markets has been simmering lately, as the two largest nations in Latin America look to diversify their trade agreements.
Pemex posts first quarterly profit in a year despite decline in production
The rise in Pemex’s fortunes was helped largely by the peso’s favorable exchange rate, but the company — the world's most indebted energy firm — still faces considerable challenges.
Mexico’s export revenue shot up 10.6% in June, with manufacturing leading the way
Total earnings from exports for the first half of 2025 were up 4.4% over the same six-month period last year, despite the turbulent year for foreign trade.
Surprise drop in inflation likely to trigger further interest rate cuts, experts predict
The drop in inflation has upended expectations that Mexico’s central bank would ease off rate cuts this summer.
Spanish energy giant Iberdrola to sell US $5B in assets, exit Mexico
Europe's largest power company has had a strained relationship with the Mexican government since the López Obrador administration, and is now selling off its Mexican assets worth US $4.7 billion.
Mexico and Brazil eye expanded trade deal ahead of August meeting
Sheinbaum and Lula discussed the expansion of the Brazil-Mexico trade agreement, highlighting the potential of the pharmaceutical, agricultural, ethanol, biodiesel, aerospace, innovation and education sectors.
Brazil to import avocados from Mexico, unlocking a market of over 200 million
Mexico is the largest global producer of avocados, contributing around 34% of the global volume, but has not previously exported avocados to Brazil.
OCN invests US $150M to make car rentals easier for gig workers in Mexico
The car-rental fintech is betting that there are thousands of gig workers in Mexico who are most in need of a car yet least able to get traditional financing for one.
Maya Train freight service set to begin operations by end of 2026
Construction on the freight network began in April and is currently at 5% completion, the general in charge of the project said.
