The peso advanced on Friday for the third consecutive session amid a general weakening of the dollar, which partially overshadowed a series of negative local news for the Mexican currency, including a cut in the key rate and a downgrade of Mexico’s credit outlook by Moody’s. In wholesale operations, the exchange rate concluded at 20.38 … Read more
Mexico City. The Mexican peso ended the week with gains, managing to overcome the turbulence caused by Donald Trump‘s victory in the presidential election in the United States last Tuesday, while investors continue to weigh the risks that Trump’s return to the House represents for Mexico. Blanca, who has threatened to impose tariffs on imports … Read more
According to income and tax records, Richard Schueler’s income dropped to zero last year. Schueler was known to live in Helsinki before, but now there is no information about his whereabouts. The Helsinki District Court imprisoned the man in absentia in September on suspicion of aggravated tax fraud and assault. Richard Schueler also goes by … Read more
Mexico City. On the eve of the election in the United States, volatility took over the financial markets this Monday. The exchange rate in Mexico, which began the day at 20.05 pesos per dollar, ended at 20.15 per spot dollar. Amid the global weakness of the dollar, emerging currencies, mainly those of Latin America, were … Read more
Mexico City. At the start of the week before the elections in the United States, the Mexican currency closed above 20 pesos per spot dollar this Monday, its worst level since September 10, 2024. The Mexican peso linked three sessions down (1.05 percent), where this Monday it reported a daily depreciation of 0.32 percent, equivalent … Read more
Youssef Al Bustanji (Abu Dhabi) The net profits of 16 national companies listed on local stock markets increased by 13% by the end of the first nine months of this year, to reach 44.9 billion dirhams, an increase of 5.2 billion dirhams, compared to the net profits they achieved in the equivalent period of 2023, … Read more
Take out a credit card for regular expenses, ask for a loan from the bank to renovate the house, finance purchases online in several installments and ask for microcredit for last minute emergencies. That’s how it is credit combo that is within the reach of any citizen and leads to excessive debt in Spain. Dangerous … Read more
Mexico City. The gain of the dollar in Mexico did not stop this Wednesday. For the third consecutive day, the Mexican currency weakened against its US counterpart this Wednesday, registering a daily depreciation of 0.75 percent, equivalent to 14.57 cents, to close at 19.4902 pesos per dollar spot. According to data from the Bank of … Read more
Eight years ago, Bayer wanted to strengthen its position in the field of agrochemicals, so in May 2016 it announced that it was buying Monsanto for $ 62 billion, the antitrust authorities approved the deal two years later. To date, this is the largest acquisition in the history of German companies. However, it didn’t turn … Read more
Mexico City. Financial markets in Mexico had a mixed day on Thursday. The exchange rate opened the session with a depreciation of over 20 pesos per dollar, while the stock market began the session on the rise. The Mexican currency reduced its morning decline, but the shares of Mexican companies closed with losses. The Mexican … Read more