European Union Flags Waving In Brussels Opposite The European Commission Building

Mexico-EU trade deal promises legal certainty for billions in transatlantic investment

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El Economista also reported that under the terms of the Mexico-EU Modernized Global Agreement (MGA) — which is to be signed on Friday — EU companies in Mexico and Mexican companies in the EU must receive the same treatment as local companies.
cars at airport

Airport taxis reject rideshare pickup zones at Mexico City International —...

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Authorities at Mexico City International Airport proposed converting a short-stay parking lot into a place for quick passenger pick-up and drop-off, but airport taxi service providers shot down the idea on Friday, creating a confusing scenario ahead of the World Cup.
President and heallth minister

WHO warnings on Ebola outbreaks in Africa prompt Mexico to issue...

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As with the hantavirus, there are no confirmed cases in Mexico and the probability of a local outbreak is low, but the Health Ministry and the World Health Organization urge travelers to take precautions.
Beer

More than half of Mexico’s expected economic windfall from the World Cup will be...

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But the 9.9% increase in sales in the three World Cup cities also presents a logistical challenge: How to get all that beer to all those people gathered together in crowded areas in crowded cities?
site fof Perfcdt Day

Sheinbaum suspends work on Royal Caribbean’s ‘Perfect Day’ megaproject in Mahahual

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The "Perfect Day Mexico" project will bring 20,000 cruise ship passengers per day to a huge water park complex at a tiny fishing village aside the world's second-largest reef and threatened mangrove forests.
Former Governor of Sinaloa Rubén Rocha Moya

Mexico blocks bank accounts of former Sinaloa Governor Rocha Moya and other officials

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The federal government's Financial Intelligence Unit (UIF) has blocked the bank accounts of Sinaloa Governor Rubén Rocha Moya and nine other current and former officials accused of drug trafficking by U.S. prosecutors in an indictment that was unsealed on April 29.
The inside of a computer featuring an Intel processor

Tech exports boom as Mexico cements top spot in US trade

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Mexico's exports of advanced technology products, including computers, to the U.S. between January and March generated revenue of $42.82 billion, a 35.2% increase compared to a year earlier.
Ricardo Salinas

US files fraud charges over alleged US $450 million scam of Mexican media magnate Ricardo Salinas

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Ricardo Salinas didn’t become one of Mexico’s richest men by being foolish. But after being duped for hundreds of millions, he told the WSJ: “I feel like an absolute idiot.”

Opinion: What would a regional utopia look like? Part 7

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This summer's World Cup is the perfect excuse to lock in permanent structures that turn the pitch into the place where Mexico, the U.S. and Canada finally play as one team, Pedro Casas writes.
Cars for sale

Mexico sets a new record for car sales in the first 4 months of the year

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While auto exports have been working their way back from a slump, car sales in Mexico keep humming along, topping the half-million mark for the January-April period for the first time.
Revolut logo signboard on modern office building in Vilnius, Lithuania on May 30, 2021. Revolut is financial technology company that offers banking services

With US $64M in April, digital bank Revolut has invested $167M in Mexico in less than half a year

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Having received 3.75 billion pesos in deposits just nine weeks after its launch, Revolut is taking full advantage of what's turning out to be a ravenous appetite among Mexicans for digital banking services.
Carlos Torres Vila, president of BBVA Group, kicks off BBVA México's National Meeting of Regional Advisors in Mexico City on Tuesday.

Mexico has ‘enormous opportunities’ but a productivity crisis, say experts at BBVA meeting

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Productivity was the buzzword at BBVA México's National Meeting of Regional Advisors on Tuesday, with several speakers noting that inefficient processes and the stagnating formal labor force continue to weigh on the country's growth.
Sheinbaum presenting new measures aimed at streamlining foreign investment

Mexico cuts red tape for big investors with 30-day approval deadline and unified trade platform

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The federal government announced on Monday a package of measures within the Plan Mexico framework to unlock and accelerate investments, especially large and strategic ones, by shortening authorization times, creating one-stop shops and offering greater regulatory certainty.
tim hortons fundidora park

Tim Hortons, the pride of Canada, opens its 200th coffee shop in Mexico

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The 200th site in Mexico of the restaurant chain of "Always Fresh" coffee may be the perfect symbol of the Canada-Mexico friendship, beloved as it is in both countries.
A greenhouse worker inspects tomato plants in Zacatecas.

Mexican economy contracts 0.8% in the first quarter of the year

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A sharp decline in the primary sector dragged Mexico's economy down in the first quarter of the year, despite strong growth in the export and tourism industries.
Citibank

With new investors on board, Citigroup advances its disinvestment from Banamex

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Citigroup's acquisition of the historic Mexican bank Banamex seemed sudden at the time, but its divestiture of its Banamex stake is a slowly unfolding process, that stands today at just short of 49%.