News
Mexico's Economy Contracts 0.9% in January
4+ hour, 5+ min ago (551+ words) The Global Indicator of Economic Activity (IGAE) contracted due to weak performance in industrial activities, which fell 1.1% from December 2025. The decline affected multiple sectors within secondary activities: construction, manufacturing, and mining each dropped 1.1%, while electricity generation, transmission and distribution, along…...
Energy Authorities Visit Altamira's Plastic-to-Fuel Plant
4+ day, 7+ hour ago (536+ words) Energy Authorities Visit Altamira's Plastic-to-Fuel Plant'Mexico Business News SENER, the National Energy Commission (CNE), and Tamaulipas' Ministry of Energy Development conducted the walkthrough of Green Bauen's plastic pyrolysis facility, a company proudly described as Tamaulipan in origin, on instructions from…...
Mexico’s Low Bank Inclusion Offers Growth, Santander Says
1+ week, 4+ day ago (683+ words) For Garc'a, the key challenge lies in increasing access to financial services while ensuring responsible lending practices and improving financial education among new users. In response, Santander M'xico has structured its strategy around three banking licenses, including its newest fully…...
Strait of Hormuz Closure Deepens Global Aluminum Supply Crunch
2+ week, 5+ hour ago (455+ words) The Iran war has forced smelter closures and force majeure declarations across the Middle East's aluminum industry, threatening a supply crunch in a market where global stocks are near historic lows and LME prices have hit a four-year high of…...
Mexico Inflation Rises to 4.02% as Food Prices Increase
2+ week, 1+ day ago (447+ words) Mexico Inflation Rises to 4.02% as Food Prices Increase'Mexico Business News Consumer inflation in Mexico accelerated to 4.02% annually in February, its highest level since June 2025, driven largely by rising food prices. The increase pushed inflation above Banxico's target range of 3% "1 percentage…...
Gold Retreats as Dollar Surges on Day 10 of Iran War
2+ week, 1+ day ago (169+ words) Gold pulled back 1.7% on March 9 as dollar strength and rising rate concerns outweighed safe-haven demand," reversing the previous week's rally to near four-week highs as the US-Israel conflict with Iran entered its tenth day and oil prices neared US$120 a…...
US to Raise Tariffs to 15%; Courts Order Refunds on Duties
2+ week, 4+ day ago (703+ words) The United States is set to raise its global tariff rate to 15% this week, even as federal courts begin ordering customs refunds on the prior duties the Supreme Court struck down, leaving businesses navigating a deepening tug-of-war between the executive…...
Mexico's Health Insurance Crisis: Inflation and GMM Evolution
2+ week, 4+ day ago (673+ words) For decades, medical inflation in Mexico has consistently outpaced general inflation. However, the 15% spike in 2025 was a watershed moment. Several factors contributed to this surge: the increasing cost of imported medical technology, the soaring prices of specialized biological drugs, and…...
Investment, Inflation and Supply Chain Transformation
2+ week, 6+ day ago (91+ words) The Coca-Cola Company announced a US$6 billion investment in Mexico as the country implements higher excise taxes on sweetened beverages. Meanwhile, FAO reported that hunger in Latin America fell for the fourth consecutive year." This is the Week in Agribusiness…...
Mining Stocks Fall Amid US–Israel–Iran War
2+ week, 6+ day ago (414+ words) Rising Middle East tensions following the US'Israel military campaign against Iran triggered retaliatory strikes across the region, unsettling global financial markets and commodity prices. Uncertainty led global mining equities to fall sharply, with precious metals producers losing up to 13% in…...