MEXICAN BUSINESS NEWS

Lithium exploitation seems to be the answer to many of the planet's economic and environmental challenges; however, all the implications of this resource must be considered. Currently, Mexico does not have any lithium deposits in operation; meanwhile, in the states of Baja California, San Luis Potosí, Zacatecas, and Sonora, there are three lithium...

Mexico's chief negotiator of the trade agreement between Mexico, the United States, and Canada (T-MEC), Jesús Seade Kuri, was ratified this Tuesday as ambassador to China, informed the Mexican Congress. The ratification was carried out by the Permanent Commission, the body that replaces both Chambers of the Mexican Congress during legislative...

The Federal Telecommunications Institute (IFT) published in the Official Gazette of the Federation (DOF) on July 5 the guidelines for traffic management and network administration, to which concessionaires and licensees that provide Internet access services in the country must adhere. We tell you what they are.

In June 2021, 234,394 automobiles were exported from Mexico, 18.3 percent higher than in the same month last year, the National Institute of Statistics and Geography (Inegi) reported on Wednesday. This is the largest increase reported by the industry for a similar period in nine years although the volume is still below what was reported in 2019...

As we surface from the COVID pandemic, we are finding once again that there will be clear winners and losers. Developed economies and inventors of vaccines will recover more quickly economically speaking, while those in emerging and developing economies (such as Mexico, Brazil, India, or South Africa) will struggle to attract investment for...

Avocados have historically been an important part of the Mexican and Central American diet. Currently, the demand for this fruit has increased, since its market includes the United States, Europe, and Asia. The communities that produce it have begun to face different challenges associated with the increase in national and international demand, but...

The COVID-19 pandemic 'eliminated' 10 millionaires in Mexico. Of the 274 individuals with at least 1 million dollars in 2019, at the end of 2020, there were 264. With this drop, the country entered the Top 10 of the nations with the greatest loss of millionaires and led by Brazil, India, Russia, and Hong Kong, economies where the exchange rate...

Mexico entered the ranking of the 10 countries that receive the most Foreign Direct Investment (FDI), going from 14th place in 2019 to 9th in 2020, revealed the United Nations Conference on Development (Unctad). Mexico's advance in the list occurred despite the fact that in 2020, according to data from the organization, the FDI that came to the...

Emilio Azcárraga Jean is one of the richest businessmen in Mexico and occupies the thirty-second position in the Mexican Millionaires ranking, published and updated annually by Forbes, the magazine specialized in business and finance. The fortune of the magnate and owner of Grupo Televisa, one of the most important media companies in Mexico and...

Mexico contemplates including in its 2022 budget the minimum global tax rate of 15% for large companies after an agreement between the G7 was reached over the weekend. "We see the initiative well because it makes it easier to reach a global agreement," Gabriel Yorio, undersecretary of finance, said in an interview Monday night. "It also avoids...