Mexico Financial News

Stocks that traded heavily or had substantial price changes on Tuesday: Bank of America, Novartis rise; Masimo falls

On the eve of the Women’s World Cup, U.S. Soccer has extended its partnership with Visa for the next five years

Bosch said he was optimistic India could be the only region to have a substantial growth path in the next two years, at a time China faces a slowdown and economic uncertainty dogs Europe and US. Introduction of economic regulations such as GST, interventions to incentivise industrial production are key developments seen as enablers for growth, which also fuel the bullishness, said Stefan Hartung, chairman, Bosch. For Bosch, India isn't among its top markets yet. Home market Germany, and China are. However, the German major still has high stakes in the country, where its subsidiary Bosch India clocked sales of ₹1.67 billion (₹14,929 crore) in 2022-23. That's because, he said, «It has contributions far beyond that sales as it's involved in many projects globally. That gives it a special role.»

U.S. federal prosecutors can’t auction off 800,000 barrels of seized Iranian oil sitting in a Greek tanker off the coast of Texas because U.S. companies are reluctant to unload it, according to people familiar with the matter.

An Australian sailor who was stranded for months off the coast of Mexico with his dog Bella is finally back on dry land after being rescued by fishers.

Blockchain network Gnosis has unveiled two products that allow users to spend their digital assets directly from wallets using Visa's payment system.

The collections are 15% more than Mission: Impossible Fallout, reports Deadline. Globally, Mission: Impossible 7 has had the biggest opening weekend as compared to other M:I franchise movies. These results are from 35 international markets, including India, Australia/New Zealand, Brazil, Netherlands, Scandinavia and the UK.

steel imports of India in June '23 as compared to June 22...," it said. In June 2022, China constituted 26.1% of India's steel imports, while Vietnam's share was 1%.

Sydney resident Tim Shaddock, 51, and his dog Bella embarked on a journey from Mexico to French Polynesia in April. However, their voyage took a turn for the worse when their boat was damaged by a storm a few weeks later, leaving them stranded in the vast and hostile North Pacific Ocean. For over two months, Shaddock and Bella drifted at sea, surviving on a diet of raw fish and rainwater.

Threads has crossed 150 million user sign-ups despite a usage drop. Meta launched Threads on July 5 for iOS and Android users in 100 countries, and it is among the top free apps on the App Store.

China and Vietnam in India's 4.84 LMT steel import basket during June 2023 has increased on a year-on-year (y-o-y) basis, according to official data. At 4.84 lakh metric tonne (LMT), India's overall steel import registered a 5.9 per cent increase on a month-on-month (m-o-m) basis and 7.6 per cent over June 2022, the Ministry of Steel said. «Share of China, Japan, Vietnam, Saudi Arabia, Russia, Nepal and the USA increased in total steel imports of India in June '23 as compared to June 22,» it said. In June 2022, the import from China was 26.1 per cent and Vietnam was 1 per cent. However, in June 2023, the import from China contributed 37.1 per cent and Vietnam's share was 4.8 per cent in India's steel import basket. The development assumes significance as India has set an ambitious target to increase its steel making capacity to 300 million tonnes and Indian players eyeing for a significant share in the global steel markets.

By Lucy Craymer

Booking.com reported that 73% of people are more optimistic about travel than they were in 2022. As per the report, 2023 is also likely to see a shift in why people want to get away and the different types of vacations individuals are taking.

Citi from a business standpoint and we will continue to grow our employee base at our solution centres in India,” Sara Wechter, Citi’s head of human resources, told ET’s Rica Bhattacharyya in an exclusive interview. Wechter, who is currently visiting India, said Citi’s ‘Solution Centres’ (CSC) in the country will hire at least 5,000 people in the next two years taking its total strength to more than 32,000. The US banking major, which recently exited its consumer banking business in India, will focus on areas of technology, engineering, analytics, AI, and risk, among others, as it expands its talent base at its captive units here.

Belt and Road Initiative (BRI) have had a negative impact on the environment of all the countries where they have been implemented. They have increased the environmental crisis in already vulnerable regions by increasing air and water pollution and have led to water shortage and soil erosion.

Inter Miami has become the topic of curiosity for football fans across the world ever since the Major League Soccer (MLS) club has initiated the process of signing the Argentine legend and FIFA World Cup 2022 winner. The seven-time Ballon d'Or winner landed in Florida on Tuesday. Messi, who left French club Paris Saint-Germain (PSG), will be completing his move to Inter Miami in coming days.

Most of the expats find Mexico as their most favoured destination, followed by Spain, Panama, Malaysia, and Taiwan, according to a recent survey by InterNations, titled as ‘Expats Insider 2023’. On the other hand, Germany, South Korea, Turkey, Norway, and Kuwait appeared as the worst places for expats in the survey. India stood at 36th position in the index containing 53 nations.

By Ana Isabel Martinez

The Organisation for Economic Co-operation and Development (OECD) is a 38-member bloc, spanning mostly wealthy nations but also some emerging economies like Mexico and Estonia. There is little evidence the emergence of AI is having a significant impact on jobs so far, but that may be because the revolution is in its early stages, the OECD said. Jobs with the highest risk of being automated make up 27% of the labour force on average in OECD countries, with eastern European countries most exposed, the Paris-based organisation said in its 2023 Employment Outlook.

Nepal Army and Nepal Police has retrieved all the bodies of victims from a helicopter crash site in Solukhumbu District of Nepal. «We have recovered all the bodies at the crash site.

A U.N. agency tasked with regulating the deep sea is debating whether to open the Earth’s watery depths to countries and companies that are now allowed to start applying for provisional mining licenses