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Cemex refinances US$347m loan

Cemex refinances US$347m loan ....

Mexico's Banorte plans to hire up to 1,200 people to tap into nearshoring

Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from global manufactures wishing to relocate their factories, a company executive said on Wednesday. Speaking at an event, Alejandro Padilla, Banorte's deputy managing director of economic analysis, said that nearshoring was set to "change the foreign trade paradigm" and the bank was ready to adapt. The latest hiring estimate marks an increase from Banorte's March announcement that it would hire 800 new employees to tap into nearshoring, in which businesses set up shop in Mexico near the U.S. border. ....

United States , Isabel Woodford , Marion Giraldo , Alejandro Padilla , Leslie Adler , North America , Carolina Pulice , Economic Analysis , Alejandro Padilla , Company Executive ,

Mexico's Banorte posts 21% profit jump, helped by higher rates

Mexico s Grupo
Financiero Banorte reported a 21% increase in its
first quarter net profit from the year-ago period fueled by
higher interest rates, the company said in a statement on
Thursday.
. | April 20, 2023 ....

Grupo Financiero Banorte , David Alire Garcia , Sonali Paul , Noe Torres , Isabel Woodford , Sab Decv Stock Exchange , Press Release , Tatement Gfnorteo Mxp370711014 ,