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Iberdrola divests 55% stake in Mexican business for $6 2bn

Spanish energy giant Iberdrola has completed the divestiture of 55% of its operations to the Mexican government for $6.2bn.

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Mexican Watchdog Says Amazon, Mercado Libre Stifle E-Comm Competition

COFECE proposed a series of “corrective measures” to foster competition as the e-comm giants comprise 85 percent of online sales in Mexico.

United statesMercado libreEconomic competition commissionLatin americanFederal economic competition commissionUruguay headquartered mercado libreBuy boxStreaming servicesAnticompetitive behaviorPreferential treatmentHe commissionLoyalty programsBuyers and sellers

Amazon denies restricting competition in Mexico (AMZN)

Amazon denies restricting competition in Mexico (AMZN)
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Mexican Peso Forecast: Which factor would impact the most in 2024, economics or politics?

The USD/MXN began the year near the highs for 2023, extending the downtrend that started in April 2020 for the third consecutive year.

United statesClaudia sheinbaumJoe bidenSamuel garciaAndres manuel lopez obradorEl financieroPartido verdeDonald trumpMovimiento ciudadanoXochitl galvezFrente amplioMexican congressFund ratesBanxico governing councilCommunications instituteInternational monetary fund

López Obrador announces plan to close Mexico s national transparency agency

López Obrador announces plan to close Mexico s national transparency agency
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Mexico cityDistrito federalClaudia sheinbaumGabriel espinozaEconomic competition commissionSupreme courtMexico supreme courtMexico federal telecommunications instituteMexican president andrCarlos bravo regidorMexico city mayorFederal telecommunications instituteFederal economic competition commission