Inbursa’s profits grow 22.5% from January to September

Inbursa’s profits grow 22.5% from January to September

High interest rates still make profits for private banks. From January to September, Grupo Financiero Inbursa, owned by businessman Carlos Slim, reported profits of 25,554 million pesos, an increase of 22.5 percent compared to the 20,860 million reported in the same period of 2023. According to the results report corresponding to the third quarter, sent … Read more

América Móvil seeks agreement with SpaceX; Stocks rise after solid report

América Móvil seeks agreement with SpaceX; Stocks rise after solid report

Mexico City. The Mexican telecommunications giant América Móvil is exploring an agreement with the space technology company SpaceX, owned by tycoon Elon Musk, to expand collaboration between both companies, executives said this Wednesday. During a call with analysts to discuss third-quarter corporate results, América Móvil AMXB.MX executives explained that the agreement would allow SpaceX to … Read more