Financial
CFE’s net income falls 43.3% by half of 2026
The Federal Electricity Commission (CFE) reported a 43.3% drop in its net income during the second quarter of the year,…
The peso gains ground against the dollar
While the dollar reversed its gains, Mexico’s financial markets decoupled from Wall Street and closed with slight gains. With Wall…
AI adoption in banks: Risks vs. benefits
Within the financial system, the conversation about the adoption of artificial intelligence is focused on the benefits it offers as…
Funding for competitiveness; key factor in the aerospace industry
The Mexican aerospace industry is valued at approximately US$8.8 billion, with projections indicating it will exceed US$12 billion in the…
Banorte predicts 9% increase in loans
During the presentation of its quarterly results, Banorte expressed confidence that the trade agreement between Mexico, the United States, and…
Groups create the Environmental Capital Fund for Mexico
Edgar Amador Zamora, Secretary of Finance and Public Credit (SHCP), stated that projects related to water security, watershed restoration, ecosystem…
SERFIMEX plans to invest in solar energy
Quintana Roo is one of the states with the highest electricity consumption relative to its Gross Domestic Product (GDP), exceeding…
IBC Bank offers solutions for companies interested in expanding
Against the backdrop of growing demand for specialized financial services for businesses, IBC Bank highlighted the importance of building business…
Hacienda subsidies gasoline due to rising oil prices
According to a publication in the Official Gazette of the Federation (DOF), Premium gasoline will receive a tax incentive of…
Gasoline prices remain stable
President Claudia Sheinbaum stated that, given the war in Iran, the country cannot afford to let fuel prices continue to…
Audi Mexico contributes to the SeaFinder project
The ocean regeneration initiative “SeaFinder” is the second pioneering project to come to fruition thanks to a financial donation from…
Siemens Energy switches to Omterra: A brand of its own
Following the split of Siemens AG in 2020—and the company’s subsequent success—Siemens Energy is now preparing to launch an independent…
CFE will invest US$600 million in public telecommunications
The Federal Electricity Commission (CFE) will resume the state’s connectivity project with the rollout of a Public Telecommunications Network, which…
Financial markets report less pressure
Recently, financial markets have seen some relief, with oil prices stabilizing and the dollar weakening further. The attacks between the…
Nexu gets US$142 million from HSBC for car loans
Nexu, a Mexican fintech platform that offers auto financing solutions, announced that it has received a new line of credit…
