Mexico Financial News

solar eclipse will occur across North America on Saturday, Oct. 14.Unfortunately for Canadians, the eclipse — annular, not total, but more on that later — will track south of the border, though its sky-darkening effects will still be seen north of the 49th parallel.The eclipse’s path will start over the Pacific Ocean, west of Vancouver Island, then will track southeast.It will make landfall in Oregon, just below Portland around 9:15 a.m.

MEXICO CITY (Reuters) — A four-month-long labor strike has been lifted at Newmont's Penasquito gold mine in Mexico after a deal was reached between workers and the firm to boost salaries, according to statements from the union and Mexico's labor ministry on Thursday.

US President Joe Biden has said that he does not believe that border walls work. The Federal Register put a notice on Wednesday announcing that construction of the wall will be paid for using already appropriated funds earmarked specifically for physical border barriers.

Elon Musk, the founder of SpaceX, said the company could land a spacecraft on Mars three to four years from now. The suggestion was made as Musk appeared via videoconference Thursday at the International Astronautical Congress in Azerbaijan, along with other tidbits on the progress of Starship, a gargantuan rocket that SpaceX is developing.

Hyundai and Kia say they're adopting North American Charging Standard ports for their electric vehicles in the U.S. and Canada, which will give the vehicles access to thousands of Tesla Superchargers across the two countries and Mexico

True North has agreed to invest $75 million for a minority stake in US-based digital transformation solutions provider iLink Digital. The investment, made by True North’s $600-million (around Rs 4,200 crore) Fund VI, is aimed at expanding iLink Digital’s organic and inorganic growth in the IT services space.

The Inter-American Development Bank (IDB) and the Cambridge Centre for Alternative Finance (CCAF) have jointly released a report that provides growing trends in the cryptocurrency industry in Latin America and the Caribbean.

MEXICO CITY (Reuters) -Mexico's president announced that he expects to have a new action plan in the next couple weeks to better address a toxic spill that fouled a river nine years ago and was blamed on one of the country's top mining and transportation companies.

MEXICO CITY (Reuters) — The costs of spiking migration for a key Mexican border state due to a sharp downturn in U.S.-bound cargo trucks total nearly $1 billion over about two weeks, state officials said Tuesday, as authorities in both countries struggle with the latest surge.

Peso Pluma, Yng Lvcas and Grupo Frontera, rising stars in Mexican music, discussed their careers and the genre's evolution at the Billboard Latin Music Week 2023. During The New Mexican Music Revolution panel presented by BMI, the artists emphasized collaboration's role in advancing the genre. Collaborations have played a crucial role in expanding the genre globally. Peso and Yng Lvcas teamed up for «La Bebe (Remix),» reaching No. 11 on the Billboard Hot 100. Grupo Frontera and Peso's «Tulum» reached No. 6 on the Hot Latin Songs chart. Greeicy and Mike Bahía started the Latin Music Week 2023 «Billboard En Vivo» concert series on Monday, October 2. They performed for an hour at the Faena Theater. The show was sponsored by Michelob Ultra 21+. During their performance, they sang their popular songs from their solo careers and their collaborations. The Latin Music Week 2023 features various events, including a Superstar Q&A with Shakira and panels with industry veterans. Showcases by artists like Peso Pluma, etc were also part of the week. The official partners for the event included AT&T, Cheetos, CN Bank, Delta Air Lines, Lexus, Netflix, Michelob ULTRA, and Smirnoff. Latin Music Week coincided with the Billboard Latin Music Awards 2023 ceremony, which broadcasted live from Coral Gables, Florida, and was aired on Telemundo and other platforms throughout Latin America and the Caribbean.

CNBC report. Other than falling trend of travelling in many countries, leisure travelling continues to be popular in countries like China, Mexico, Japan, and Brazil, reported CNBC citing Morning Consult’s “The State of Travel & Hospitality" study published in September. At the global level, the falling interest in travelling in most of the countries can be explained by the fading away of the phenomenon of ‘revenge travelling’.

migrants died and 25 were injured early Sunday when a cargo truck clandestinely carrying them overturned on a highway in the southern Mexican state of Chiapas, local security officials reported. The accident took place near the border with Guatemala, the report said.

VILLA AHUMADA/PIEDRAS NEGRAS (Reuters) — Migrants were stranded in Mexico on Friday miles from the U.S. border after the freight train they were traveling on top of abruptly stopped, amid the ongoing suspension of dozens of northbound trains over fears around migrant safety.

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

Elon Musk, assuming the role of a citizen journalist, ventured to the Texas-Mexico border on Thursday, immersing himself in the hotly debated issue of migration. Musk's visit not only delved into the unfolding situation at the Southern border but also served as a platform to advocate for citizen journalism through his social media venture, X.

By Brian Snyder

Citrus farmers in the southeast corner of Louisiana are scrambling to find ways to irrigate their crops with fresh water

Also Read: US House passes Republican bill to stop illegal immigration from Mexico as Title 42 ends "This is real-time, unfiltered," he said. "What you see is what I see" Musk said.

A new report about policing of Metro Vancouver port terminal facilities says there’s “literally no downside” for organized criminals to set up shop, and one British Columbia city is sounding the alarm.

Sun Pharmaceutical: The drug major will buy out local partner Indi Pharma from its Mexican arm for over ₹75 crore. The company has signed a binding letter of intent to acquire the balance 25% outstanding shares of Sun Pharma de Mexico, SA de CV, a subsidiary where it currently holds 75%. Adani Green & Adani Energy: Abu Dhabi conglomerate International Holding Company on Thursday said it will sell its stake in two of India's Adani Group companies, a move that comes as billionaire Gautam Adani's business continues its battle against fraud allegations, Reuters reported.

Kendall Jenner recently shared a surprising turn of events during a family trip in the latest episode of «The Kardashians”. Kendall opened up about a feud from three years ago that had created a rift between her and Kris Jenner's boyfriend, Corey Gamble. The unexpected reconciliation between Kendall and Corey took place during a family getaway to Cabo. The trip included Kendall, her sisters Kim Kardashian, Khloe Kardashian, and Kylie Jenner, along with Corey Gamble. Kris Jenner couldn't help but express her amazement, telling Kim, „I think hell froze over because Corey and Kendall are chatting.“ Even Kim chimed in, highlighting, „They haven't talked since Palm Springs.“