Wealth Growth Daily

Central America

Mexican president: ‘No problem’ if Grupo Mexico buys Citi’s Banamex unit

BY Reuters  • May 16, 2023May 16, 2023
By Brendan O’Boyle MEXICO CITY (Reuters) -Negotiations over the sale of Citigroup Inc’s Mexican retail bank Citibanamex are “going really well” and the government is upbeat abo[...]
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Business Central America Economy Latin America Politics Updated US

Mexico asks Texas to halt costly cargo inspections; will file USMCA complaint

BY Reuters  • May 15, 2023May 15, 2023
MEXICO CITY (Reuters) – Mexico’s economy ministry is urging the U.S. state of Texas to remove inspections of cargo crossing the border, which it said in a statement on Monday is causing mi[...]
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Business Central America Economy Latin America Politics US

Analysis-Tesla’s new car-making process stokes debate among industry experts

BY Reuters  • May 15, 2023May 15, 2023
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) – Tesla Inc’s new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate am[...]
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Asia Business Central America Latin America Technology US

Grupo Mexico nearing $7 billion deal for Citi’s Banamex unit -source

BY Reuters  • May 11, 2023May 11, 2023
By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for about $7 billion in a deal that could be announced as early a[...]
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Business Central America Economy Latin America US

Walmart takes fintech plunge into Mexico’s risky marketplace

BY Reuters  • May 9, 2023May 9, 2023
By Diego Oré MEXICO CITY (Reuters) – U.S. retail giant Walmart wants to get on top of Mexico’s fintech market with its Cashi digital wallet, yet analysts say its drive is strewn with poten[...]
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Business Central America Latin America Technology Updated

Mexico rolls out investment plans for southern industrial corridor

BY Reuters  • May 8, 2023May 8, 2023
By Kylie Madry MEXICO CITY (Reuters) -The Mexican government on Monday set out fresh details of a plan to attract businesses to a corridor straddling a narrow isthmus of southern Mexico, part of a lar[...]
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Business Central America Economy Latin America Politics Updated

33 Democrats urge ban on investor-state dispute provisions in all U.S. trade deals

BY Reuters  • May 3, 2023May 3, 2023
By David Lawder WASHINGTON (Reuters) – Democratic U.S. lawmakers on Wednesday urged the U.S. Trade Representative and State Department to eliminate investor-state dispute settlement provisions f[...]
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Business Central America Economy Latin America Politics Updated US

Chile peso to hold stable as economic and political worries fade: Reuters poll

BY Reuters  • May 3, 2023May 3, 2023
By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, validating the central bank’s decision to un[...]
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Business Central America Economy Latin America Politics

Thousands of union contracts to dissolve in Mexico’s fight against pro-company deals

BY Reuters  • May 3, 2023May 3, 2023
By Daina Beth Solomon MEXICO CITY (Reuters) – Thousands of pro-business union contracts in Mexico are set to expire as Mexico ends a historic campaign to wipe out deals between employers and uni[...]
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Business Central America Economy Latin America US
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