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Mexico reaches historic 15.9% share in U.S. foreign trade

That portion is equivalent to US$632.29 billion and reflects Mexico's first position among the main exporters to the United States and second place among the largest destinations for U.S. foreign sales.

Saasa will issue bonds for US$ 3 million to modernize operations at the new Jorge Chávez Airport

The private bond issue will allow Saasa to finance its growth in airport infrastructure and strengthen its regional presence in an expanding sector.

Brazil gives green light to companies to import Paraguayan energy for contracting on the free market

On October 30, the Ministry published guidelines for imports, with the aim of signing contracts that allow the commercialization of electric energy in accordance with Brazilian standards.

Mexico: Amazon and online supermarket Jüsto partner to deliver fresh produce

At launch, Jüsto on Amazon will be available in a select number of neighborhoods in Mexico City, before expanding to all cities where Jüsto has a presence in the coming months.

A possible Trump victory and the resulting increase in US tariffs could cut Mexico's GDP by up to 1.9%

Among the Republican candidate's most notable policy proposals is his support for blanket tariffs of 60% on Chinese imports and 10% on all other imports, though this would likely meet with significant political pushback.

Mexico recorded a 7% increase in new car sales in October

In the tenth month of the year, Nissan sold 21,002 new cars and General Motors sold 16,294 units.

Femsa completes divestment of its refrigeration equipment and food service operations

The transaction was initially announced to the market last July, once Femsa reached an agreement with Mill Point Capital LLC, a private equity firm.

Cencosud opens two new supermarkets of The Fresh Market line in the USA

The stores are located in Crofton, Maryland, and Chicago, Illinois, and are part of an expansion plan that hopes to reach more than 170 stores in the coming months.

IMF says that citizen insecurity does affect the Mexican economy

The international organization points out that this affects the southern states the most and limits their possibilities of closing the gap with more prosperous regions.

Peruvian Foreign Minister says Chancay port will facilitate promotion of megaprojects in the country

Elmer Schialer says that it is therefore very important to show the best image of Peru to the world during the organization of APEC 2024.

Mexican peso plummets ahead of US election

According to analysts, the return of Republican Donald Trump to the White House would put further pressure on the Mexican currency.

Colombia: COP16 ends without agreement to save nature

The Biodiversity Summit did reach consensus to create the "Cali Fund" that will establish payments for the use of digital genetic sequences and guarantee the distribution of benefits for biodiversity.

Credicorp to acquire remaining 50% stake in Banmedica insurance joint venture in Peru

Once the transaction is completed, Credicorp, through its subsidiaries Grupo Crédito SA and Pacífico Seguros, will become the exclusive owner of both the private health insurance business and Pacífico EPS.

How is the US housing market looking ahead to the presidential election?

While Kamala Harris promises subsidies for buyers, Donald Trump is betting on tax incentives for real estate corporations. Meanwhile, Latin American investors are gaining ground in Florida in search of financial stability.

Colombia: Banco de la República cut interest rates by 50 points, less than expected

The eighth rate cut since December has sparked debate again: four policymakers opted for a 50 basis point cut, while three others favoured a deeper cut. Market analysts had expected a broader decision.

Brazilian BRF buys 26% of Saudi Arabian meat company for US$84 million

Closing of this acquisition is subject to the satisfaction of conditions precedent applicable to transactions of this nature, including approval by regulatory authorities.

Brazilian official says permission to buy Paraguayan energy is a priority

The proposed ordinance for Brazilian agents to buy electricity from Paraguay was previously published for public consultation, a phase in which institutions had a period of ten days to present their comments and observations.

Peru: New Jorge Chavez Airport to open in January 2025

This was announced by Raúl Pérez-Reyes, Minister of Transport and Communications of the Andean country.

Pemex failed to fulfill promise of self-sufficiency in fuel supply for Mexico

In September, the state-owned company produced 475,000 barrels per day locally, which is less than half of what it had projected just three months earlier.

Brazilian brewer Ambev earns US$ 1.656 billion until September: 5.5% less than in 2023

By market, in Brazil, which represents 55.8% of its turnover, the company had revenues of US$ 6,048 million, 6.5% more than in September.

Mallplaza launches takeover bid to acquire all Falabella shopping centres in Peru

The Chilean mall operator plans to spend a total of US$455.23 million.

Energy crisis in Ecuador: mobile operators will offer payment facilities for November bills

Claro and Movistar will defer November consumer bills to three months, while CNT will defer them to six months.

Codelco recovers and manages to exceed production in the third quarter of 2023

In the first quarter, the difference compared to the previous year was -9.6%, while in September it decreased to -5%. Production in the quarter increased by 2% compared to the same period last year, and August and September exceeded the same months of the previous year in this indicator.

Uruguay will have its first hydrogen plant with an investment of more than 38 million euros

The plant will be operational in 2026 and will be located in the department of Río Negro, on a 24-hectare plot.

Bitel and the Central Bank of Peru announce a joint digital money project

The first ten districts to benefit from this innovation are in the Peruvian departments of Apurímac, Ayacucho, Cajamarca, Huánuco, Puno and San Martín.

Colombian justice gives green light to resume activities at Sirius gas well

The Superior Court of Santa Marta overturned the ruling on this well, which is the option for Colombia to become self-sufficient in natural gas again.

BMW Mexico to produce batteries for electric cars in 2025

The German automaker is also investing US$800 million to expand its plant in the state of San Luis Potosí, which includes the installation of a high-voltage battery factory for electric cars.

US GDP maintains upward trend in the third quarter after growing 0.7%

The US Department of Commerce has reported that the preliminary reading shows increases in household consumption, exports and federal government spending.

Uruguay: Regulator again denies Marfrig to sell its operations to Minerva

The Competition Commission denied the request for economic concentration for the second time and the decision can only be revoked by the Executive Branch.

Peru to become "the Singapore of Latin America" after inauguration of Chancay megaport

The Peruvian government monitored on Tuesday, together with various media outlets, the progress of the port construction, which is located 80 kilometers north of Lima.