Mexico Financial News

Nishant Dev faced a contentious quarter-final defeat at the Paris Olympics, losing to Mexico’s Marco Verde with a 4-1 split decision. Despite appearing dominant in the early rounds, Dev's performance did not reflect in the final score, igniting controversy over the scoring system used. Controversy Over Scoring System Nishant Dev’s close loss has drawn significant criticism from notable figures. Former Olympic bronze medalist Vijender Singh expressed his doubts about the scoring on X, stating, “I don’t know what’s the scoring system, but I think very close fight… he played so well… koi na bhai #NishantDev.” Actor Randeep Hooda also voiced his frustration, writing, “Nishant had won it. What’s this scoring? Robbed of the medal but won hearts. Sad!!! Many more to go chore!!”

India's Manu Bhaker narrowly missed out on a podium finish, placing fourth in the women's 25m pistol final in the ongoing Paris Olympics. The 22-year-old Bhaker shot 28 in the eight-women final. She lost to Hungarian bronze medallist Veronika Major in the shoot-off. Bhaker's third-medal achievement was highly anticipated. She had already secured two bronze medals in — the 10m air pistol and the 10m air pistol mixed team events with partner Sarabjot Singh.

Advocates say air conditioning is no longer a luxury but a public health and affordability issue

Apple on Friday reported yet another quarterly revenue record in India for the third quarter ending June 29, 2024, continuing the high pace of growth in the world’s second largest smartphone market where consumers are continuing to buy premium products. Apple chief executive officer Tim Cook told analysts in its third quarter earnings call that Apple has set “quarterly revenue records in more than two dozen countries and regions, including Canada, Mexico, France, Germany, the UK, India, Indonesia, the Philippines, and Thailand.” The bullish performance by the iPhone maker is when smartphone shipments in India fell 2% year-on-year in the June quarter as per market tracker Counterpoint Research which attributed the decline to the heatwave, seasonal slump, and a sequential slowdown in demand from the March quarter before.

Even Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods

A recall of Boar's Head products has expanded to include a whopping 7 million additional pounds of deli and poultry items in a deadly multistate outbreak of listeria infections.

Zydus Lifesciences Ltd on Wednesday said the Mexican regulatory authority has granted marketing approval for Mamitra, a Trastuzumab biosimilar used to treat various types of cancer. Following the approval by Mexican regulatory authority COFEPRIS (Federal Commission for the Protection Against Sanitary Risk), for Mamitra, the drug will be marketed in different strengths of 150 mg and 440 mg, Zydus Lifesciences said in a regulatory filing.

Facebook has admitted that it has committed a mistake by censoring the image of Donald Trump's assassination attempt. The Mark Zuckerberg-owned social media platform called the image of Donald Trump pumping his fist in the air after an assassination attempt against him an «altered photo.» After facing criticism, a spokesperson admitted Monday that it was a mistake. Meta Public Affairs Director Dani Lever explained on X it was an error as the systems were meant to detect a separate version of the image, reports 'Fox News Digital'. He explained that the fact check was initially applied to a doctored photo showing the Secret Service agents smiling, and in some cases, our systems incorrectly applied that fact check to the real photo. Tendering an apology, Lever said that it had been fixed.

El Chapo" Guzman's son Joaquín Guzmán López pleaded not guilty to drug trafficking and other charges Tuesday, days after an astonishing capture in the U.S. Joaquin Guzman Lopez's was produced in Chicago federal court before U.S. District Judge Sharon Johnson Coleman, who ordered him detained pending trial. Guzman Lopez could face the death penalty if convicted, as per a report on Reuters.

U.K.-based oil giant BP PLC said it will reward shareholders to the tune of $7 billion this year through the purchase of its own stock, even as it reported a near 30% decline in profits in the first half of 2024

Diageo reported 4.8% decline in annual profit on Tuesday, just short of analyst expectations, due to a steep decline in sales in Latin America and the Caribbean.

equity markets to record highs in the current financial year. The benchmark Nifty 50 index has delivered 10.5% returns since 1 April, and has outperformed the equity indices of several countries, including China, Mexico, Brazil, France, Canada, South Korea, Australia, Germany, the UK and Hong Kong. The benchmark indices of these countries have delivered returns between -8.2% and 2.9%.

Netflix, Prime Video, HBO Max, Hulu, and Apple TV+ are offering new movies and shows throughout the week. These will include "Kingdom of the Planet of the Apes", «Women in Blue», 'Influenced', and 'Unstable'.

tech tycoon was at a small coastal Mexican village when a small boat with just one fisherman docked. Inside the boat were several large yellowfin tuna. The techie complimented the fisherman on his fish and asked how long it took to catch them.

A court case could soon settle a spicy dispute: Who invented Flamin’ Hot Cheetos

Sharks off the coast of Rio de Janeiro, Brazil, have been found with cocaine in their systems, as revealed by a study published in the Science of The Total Environment. Researchers from the Oswaldo Cruz Foundation discovered cocaine in the muscle and liver tissues of 13 Brazilian sharpnose sharks. This contamination is largely due to inadequate sewage treatment facilities and clandestine refining operations.

Meta's newsroom, the AI chatbot is now accessible in Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and Cameroon. Additionally, the chatbot's multilingual functionality has been upgraded to include French, German, Italian, Portuguese, and Spanish, with plans to incorporate more languages in the future.Enhanced Image Generation and Editing FeaturesThe latest update also brings advanced image generation and editing features to the AI chatbot.

Tesla Inc. reported another quarter of disappointing profit and postponed a highly anticipated unveiling of autonomous taxis, sending the carmaker’s volatile stock plunging in early trading.

Meta AI is now available in seven new languages, including Hindi, according to the social media giant. The move, which extends capabilities of Meta's AI assistant in the multilingual domain, essentially means users will be able to also interact with Meta AI across WhatsApp, Instagram, Messenger and Facebook in these new languages.

Mexican officials say an explosion and fire erupted inside a tequila factory, killing at least five workers and injuring two others at the site in the liquor’s namesake town in Jalisco state

currencies touched multi-week lows on Wednesday tracking weakness in Chinese demand, while the yen has surged as short-sellers bail out ahead of a central bank meeting. Purchasing managers' index figures will be particularly watched in Europe later in the session to see whether they support bets on two European rate cuts by the end of January.