Thursday, October 23, 2025
A plume of oil in a river

Pemex pipeline spills into Veracruz’s Pantepec River, complicating flood cleanup

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It’s unclear when the pipeline first ruptured, but residents say they began noticing signs of a spill last weekend.
An engineer in a forklift next to a piece of machinery labeled WEG

Brazilian manufacturer, facing 50% US tariffs, looks to invest in Mexico

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The CFO of the manufacturing firm WEG said his company is working to "reallocate export losses" as U.S. tariffs continue to reshape global commerce.
Pan de muerto

Why do Mexicans eat pan de muerto all year long?

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If it's a sacred Day of the Dead tradition, why do Mexicans eat pan de muerto all the time? Our local expert explains.
The Friar Francisco de Burgoa Library in Oaxaca City

The Friar Francisco de Burgoa Library and Oaxaca’s cultural renaissance

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Oaxaca city's most historic library offers open access to knowledge for all. Discover how this national treasure is transforming the community that built it.
Sheinbaum Oct. 22, 2025

Sheinbaum’s advice for families hit by soda tax hike? Drink less: Wednesday’s mañanera recapped

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On Wednesday, the president gave an update on flood cleanup in central Mexico, train projects under construction and the 88% tax increase on soda that will take effect in 2026.
As the 2025 rainy season concludes, the Mexico City area's Cutzamala System has reached its highest levels in recent years, exceeding 90% of its capacity.

Drought affects just 7.5% of Mexico after summer of exceptional rainfall

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Though the percentage could possibly rise now that the rainy season is over, it's still almost four times lower than the percentage figure one year ago.
windmill

Energy Ministry sees 96% of private-sector energy investment going toward renewables

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While the private sector accounts for a minority of energy capacity production, its strong emphasis on renewables aligns with the government's emerging priority of energy diversity.
Yongmaotai logo

Shanghai-based Yongmaotai announces US $63M auto parts plant in Coahuila

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Yongmaotai said in July that the investment in Mexico will "help reduce the adverse effects of changing international tariff policies" on the supply chains of its clients in Europe and the United States.
Grupo Bimbo

Made in Mexico: Bimbo bread

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The world's biggest bakery has its fingers in a lot of pies, and on the pulse of what Mexicans value most.
cars for export

Mexico is now the leading exporter of electric vehicles to the US, surpassing Japan and South Korea 

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Mexico exported some 145,000 electric vehicles to the U.S. last year, mainly models by General Motors, Ford, Stellantis and Toyota, tripling the number of U.S.-bound exports from the previous year.
aftermath of murder in Culiacan

Sinaloa foreign direct investment plummets amid cartel turf war

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Federal data tells a clear story: FDI dropped 87% during the first six months of 2025. But Sinaloa state officials say business confidence is high, and Moody's seems to agree with them.
staff in front of electric transport vehicle

Electric trucks to haul cargo from Monterrey to Laredo starting in November

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A private company has developed a transport route for its state-of-the-art electric vehicles to cleanly haul cargo from Monterrey into the U.S.
Citibank logo on a glossy building

Citi rejects Grupo México’s US $9.3B offer to buy Banamex

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On Monday, Citi said that it remained "committed to realizing the full value of Banamex for our shareholders, and the agreement we announced with Fernando Chico Pardo ... continues to be our preferred path to delivering that outcome."
Salesforce logo on a building

Salesforce announces investment of US $1B to accelerate AI adoption in Mexico

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“This $1-billion investment is a commitment to Mexico as a key market for AI-powered growth,” Salesforce CEO Marc Benioff said.
a heavy-duty truck going down the highway

Trump expands 25% truck tariff to include medium-duty vehicles, moves date to Nov. 1

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The president of the United States initially said that a 25% tariff on heavy-duty trucks — but not medium-duty trucks — would take effect on Oct. 1. President Sheinbaum said on Tuesday that she would negotiate a carve-out for Mexico.
Banamex building

Grupo México seeks to acquire up to 100% of Banamex from Citigroup

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It's the conglomerate's second attempt to gain full ownership. A complication this time is that another mogul, Fernando Chico Pardo, has officially offered to buy 25% of the bank.