The Mexican Institute of Finance Executives published figures on Monday, December 2, on the country's economic contraction during the month of November.
According to the private organization, the sectors with the greatest stagnation are manufacturing and services.
“The IMEF Manufacturing indicator…
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México
Nvidia to have largest GB200 superchips factory in Guadalajara
Nvidia's largest GB200 superchips manufacturing plant will be located in Guadalajara, Mexico, as announced by Yong Liu, president of Foxconn, in early October.
Foxconn is the largest contract manufacturer of electronic products, primarily…
Mexico addresses the regulation of platform workers such as Uber or Rappi
Mexico could soon apply a reform to the Federal Labor Law to formalize and dignify the performance of app workers, such as Uber and Rappi, unionized under the National Union of Application Workers (UNTA).
According to this union, the…
Mexico will invest more than $20 billion in strategic areas
In Mexico, there is an air of confidence for investments. In this sense, President Claudia Sheinbaum has met with different sectors of the economy to propose an investment of more than $20 billion in strategic areas.
In these meetings, the…
Malware bank frauds in Latin America increased 113 % in one year
Bank fraud through malware in Latin America increased rapidly in one year, reaching 113 %. Victims, who have lost millions of dollars in these illegal acts, already have laws that force banks to reimburse in countries such as Chile and…
Microsoft to invest $1.3 billion in Mexico over the next three years
Microsoft CEO Satya Nadella recently participated in the inaugural Microsoft AI Tour conference in the Mexican capital, where he announced that the company will invest $1.3 billion over the next three years to expand artificial intelligence…
Latin America estimates growth in solar energy by 2025 at 15 %
Growth estimates for Latin America in solar energy could be between 10 and 15 % on average per country in 2025.
This was stated by Sergio Rodríguez, service manager of Solis, one of the largest manufacturers of photovoltaic inverters in…
Four Latin American nations lead cryptocurrency adoption
Four Latin American countries lead the adoption of cryptocurrencies in the region according to the “2024 Geography of Cryptocurrency Report” published by Chainalysis. These countries are Brazil, Argentina, Mexico and Venezuela.
The…
Inflation in Mexico reaches 5.16 % in the first half of August
According to data from the National Institute of Statistics and Geography (Inegi), inflation in Mexico stood at 5.16 % until the first half of August, with an increase in prices in items such as fruits, vegetables and livestock products.…
Fiscal deficit increases in Brazil, Mexico, Chile and Colombia
The risk rating agency Fitch Ratings issued its report on the fiscal deficit in Latin America for the first half of 2024, where an increase is seen in Brazil, Mexico, Chile and Colombia. On the other hand, it highlights the improvements in…
Hyundai celebrates 10 years in Mexico and consolidates its ranking of leading brands
In Mexico, Hyundai is celebrating a decade of success and is consolidating itself as one of the ten best-selling brands. Since its arrival in May 2014 with three initial models, the prestigious Korean automotive brand has expanded its range…
Latin America: Brazil and Mexico lead the fall in foreign investment
Brazil and Mexico lead the recent decline in Foreign Direct Investment (FDI). The scenario poses challenges that target key sectors such as economic development and modernization of the region.
FDI is, definitely, crucial for the…