Online fashion giant Shein is exploring plans to build a factory in Mexico, as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters.
A new oil refinery belonging to Mexico's state-owned Pemex, a top priority of the country's president, will again miss its promised launch date to begin production, according to an internal audit report seen by Reuters.
Mexican President Andres Manuel Lopez Obrador's administration is studying the possibility of buying a majority of shares in Citigroup's local retail unit known as Banamex, according to a government statement published on Tuesday.
Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, as food exporters feel the pinch from slower global growth, while banks take advantage of sky-high interest rates, a Reuters poll showed.