MEXICO NOW With an overall growth of 27%, Guanajuato’s automotive industry improves despite the COVID-19 pandemic. The state is consolidated as a leader in the automotive sector above the national average, which has currently managed to recover 95% of its […]
MEXICO NEWS DAILY Fear of the coronavirus seems at least partly responsible for record-breaking numbers in bicycle manufacturing and sales nationwide in August. The national statistics institute, Inegi, says there were 111,695 bicycles produced during the month, a 21% rise […]
REUTERS Mexico has reached a deal to honor a 1944 bilateral water-sharing agreement with the United States, tapping international dams to make up a shortfall, the government said on Thursday, heading off the risk of conflict with Washington. For weeks, […]
WORLD OIL Canadian oil prices are poised to strengthen next year as Mexican heavy crude exports to U.S. Gulf Coast refineries dwindle, according to BMO Capital Markets. Heavy Western Canadian Select’s discount to the West Texas Intermediate benchmark could narrow […]
ENERGÍA HOY La Secretaría de Energía (Sener) reportó un avance de 24% en la construcción de la refinería de Dos Bocas, así como la conclusión de los trabajos de la fase 1 que incluyen cimentaciones e ingeniería de detalle. Asimismo, el presidente Andrés […]
EL ECONOMISTA Amazon invirtió 100 millones de dólares en la apertura de nuevos almacenes en México, en un intento por ofrecer entregas más rápidas, incluidos sus primeros centros de envío fuera de la populosa zona metropolitana capitalina, dijo la compañía el jueves. […]
MEXICO NOW In September, manufacturing in Nuevo León was positioned as the main generator of employment. Through an analysis based on official figures from the IMSS, the Chamber of the Transformation Industry (Caintra) explained for said month the generation of […]
FORBES It has become common to argue that the pandemic is not affecting renewable energy (including electric vehicles) as badly as conventional energy, where usage and investment have plummeted. That was the takeaway from the recently published World Energy Outlook (by the […]
WARDS AUTO Given its strategic location, its wide network of trade agreements, developed network of Tier 1 suppliers and advanced manufacturing capability and production volume, Mexico is in a privileged place to benefit from nearshoring. COVID-19 has been a wake-up […]
THE YUCATAN TIMES “Heineken Mexico brewery will invest 180 million dollars in its areas of operation”. Said Mario Escobedo Carignan, Secretary of Sustainable Economy and Tourism in Baja California, during a visit to the plant located in Tecate and accompanied by […]
