Mexico Financial News

LTIMindtree has opened a new delivery centre in Mexico City to expand its presence in Latin America, the company said on Friday. The centre will enable workforce transformation and localisation for LTIMindtree in the Americas and was inaugurated on Thursday. It will support the company’s capabilities in the region, bringing LTIMindtree’s services closer to its customers in the SAP and digital engineering service lines. As the LATAM delivery & operations head, Anurag Tripathi, associate vice president of LTIMindtree will lead the Mexico City delivery centre with a focus on future growth and delivering high-quality results for customers.

performance at the Fontainebleau in Las Vegas, Justin Timberlake offered a prelude before singing "Cry Me a River," a song widely speculated to be about his ex-girlfriend Britney Spears. In a fan-captured TikTok video, Timberlake made it clear he intended no disrespect with the song choice. The track, released in the same year Timberlake and Spears ended their relationship, raised eyebrows due to its music video featuring a woman who bore a striking resemblance to the «Toxic» singer. In the song, Timberlake sings, «You don’t have to say, what you did / I already know, I found out from him.»

MEXICO CITY (Reuters) — Citigroup's Mexico retail unit, known as Banamex, is set to split off from its parent by the second half of 2024, the lender's Mexico head Manuel Romo told local media on Thursday.

A federal agency says a chemical leak that killed six workers at a Georgia poultry plant in 2021 could have been prevented

By Makini Brice and Ted Hesson

The Bank of Nova Scotia will reallocate capital from developing markets to developed ones, prioritizing Canada, the United States and Mexico in that order, as it seeks to bolster profitability and shareholder returns, chief executive Scott Thomson said Dec. 13 as he unveiled a much-anticipated strategic update.

WASHINGTON : A looming election rematch next year between US President Joe Biden and his predecessor Donald Trump would be closely fought, a new Reuters/Ipsos poll found, with both candidates saddled with profound vulnerabilities that could cost them the White House. Biden, an 81-year-old Democrat, continues to be plagued by voters' doubts about the strength of the economy, as well as concerns about the security of the US-Mexico border and worries about crime. Republican former President Trump, 77, faces his own worries, including four criminal trials on a bevy of charges related to his attempts to overturn the 2020 presidential election and his handling of classified documents.

hiring sentiment for the next three months is one of the highest across the world, with 37 per cent of employers planning to increase their staff strength amid buoyant domestic demand conditions, says a survey. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,100 employers across sectors and regions, the Net Employment Outlook (NEO) in India is the highest amongst 41 countries. The outlook for January-March 2024, calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire, stood at 37 per cent, up 5 per cent from the corresponding period of 2023, and same when compared with the last quarter. «Domestic demand remains buoyant, and private investments continue to flow in making India a lucrative economy. With stability in the political arena, progressive India is not a dream but a reality,» Sandeep Gulati, Managing Director of ManpowerGroup India and Middle East, said. As per the survey, India and the Netherlands reported the strongest net employment outlooks at 37 per cent, followed by Costa Rica and the US at 35 per cent in second place, and Mexico at the third position with 34 per cent of the net employment outlook. The global average stood at 26 per cent.

Earthshot Prize, launched by Prince William to support climate and environmental innovators across the world, plunged into disarray after two of its judges were forced to step down amid legal wrangles. Singer Shakira and footballer Dani Alves have quit as judges for the coveted prize, as per media reports.

Canada’s economy is stalling, the unemployment rate is rising and housing costs are crushing some households. The country’s banks are exposed to all of that, yet their shares are surging.

Visitors walking along the river that flows through downtown Rotterdam might be surprised to see a three-tiered structure moored in the water, with a top level occupied by brown and white cows grazing on hay dropped from a conveyor belt

Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company.

Narendra Modi retained his position as the world's most popular leader with an approval rating of 76 per cent, as per the data released by US-based consultancy firm ‘Morning Consult’ on December 7. Mexico President Andrés Manuel López Obrador is ranked second on the list with an approval rating of 66 per cent. Alain Berset, the President of the Swiss Confederation, bagged the third spot with a 58 per cent approval rating.

celestial spectacle set to captivate gazers, a momentary eclipse is predicted as an asteroid passes in front of one of the night sky's prominent stars. Betelgeuse, a red supergiant in the Orion constellation, is slated to be obscured by the slowly rotating asteroid Leona, offering a fleeting yet rare glimpse for observers across specific regions. The anticipated event, occurring from late Monday into early Tuesday, will grace the skies along a narrow trajectory from central Asia's Tajikistan and Armenia, traversing Turkey, Greece, Italy, Spain, Miami, the Florida Keys, and parts of Mexico. Astronomers anticipate a window of visibility lasting no more than 15 seconds.

earthquake is calculated at 6 degrees. Epicenter is located on the border of Puebla and Guerrero.

The United States and Mexico have agreed to monitor foreign investments and regularly share information about the screening process

By Patricia Zengerle

Copa America title in 2024 on the US soil as the century-old prestigious tournament returns to the shores of America. While Messi-led Argentina defeated France to lift the soccer World Cup, «La Albiceleste» edged past Brazil in the Copa America final in 2021. South American football federation CONMEBOL has unveiled the 14 cities that will serve as hosts for matches at the 2024 Copa América, marking the tournament's return to the United States for the first time since 2016. The selected cities include Arlington, Las Vegas, Orlando, Miami Gardens, Santa Clara, Charlotte, East Rutherford, Austin, Atlanta, Inglewood, Houston, Glendale, and two stadiums in Kansas City. The tournament's inaugural match is scheduled to take place at Atlanta United's Mercedes-Benz Stadium, while the final will be hosted at Miami's Hard Rock Stadium. This marks only the second occasion, following the special centenary Copa América in 2016, that the tournament will be held outside of South America. Initially designated as the host, Ecuador withdrew in November 2022 due to economic and security concerns, along with a lack of suitable stadiums. The hosting of the 2024 Copa América stands as a significant boost for the USA as the nation prepares to co-host the 2026 World Cup alongside Canada and Mexico.

Biden administration on Monday sent Congress an urgent warning about the need to approve tens of billions of dollars in military and economic assistance to Ukraine, saying Kyiv's war effort to defend itself from Russia's invasion may grind to a halt without it. In a letter to House and Senate leaders and released publicly, Office of Management and Budget Director Shalanda Young warned the U.S. will run out of funding to send weapons and assistance to Ukraine by the end of the year, saying that would «kneecap» Ukraine on the battlefield.

Mexico's president says its minimum wage will rise by 20% in 2024, to the equivalent of about $14.25 per day

Deadly Quiet City. By Murong Xuecun. New Press; 336 pages; $27.99.