Daily Mexico News Blog
Free Mexico News Daily in English
Daily Mexico News Blog
Free Mexico News Daily in English

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Business

Shocking Exit: Why Cabify is Suddenly Pulling Out of Mexico for Good

Cabify, the Spanish ride-hailing service, announced on Wednesday that it will cease its operations in Mexico in October. The company, which has been operating in...
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American Companies Halt Investment in Mexico Over Judicial Reform Concerns

Several American companies have put a pause on announcing planned investments in Mexico due to uncertainties surrounding the reform of the Judicial Branch currently under...
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MG Motor Announces New Research and Development Center in Mexico Amid Sales Milestone

In a significant milestone for the automotive industry, MG Motor has announced plans to establish a Research and Development Center in Mexico following the sale...
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Political Uncertainty Dampens Business Investment in Mexico

The willingness of businessmen to invest in Mexico has seen a significant decline of 13.9 percentage points from April to July 2024 compared to the...
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Oxxo Expands into the U.S. Market with Acquisition of Delek US Holdings Stores

Fomento Económico Mexicano (Femsa) announced a definitive agreement with Delek US Holdings Inc. to acquire 249 stores. This acquisition, valued at $385 million net of...
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Survey Reveals Impact of Crime on Mexican Companies: 6 Out of 10 Businesses Victim of Crime

A recent survey by the American Chamber of Commerce of Mexico (Ancham) has highlighted the significant impact of both common and organized crime on businesses...
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Ongoing Violence in Nuevo Laredo Shuts Down 191 Oxxo Stores

Nuevo Laredo, Tamaulipas – FEMSA, the multinational beverage and retail company, announced that it convened with state authorities in Tamaulipas on Monday afternoon to develop...
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Elon Musk Pauses Tesla’s Nuevo Leon Factory Plans Amid U.S. Presidential Election Uncertainty

Nuevo Leon, Mexico – Elon Musk, CEO of Tesla, has announced that the company is putting its investment in a new factory in Nuevo Leon,...
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Mexican Designers Incorporate Braille in Fashion to Empower People with Sensory Disabilities

Guadalajara, Mexico – Mexican designers Jehsel Lau and Valeria Guzmán have introduced an innovative clothing line that features Braille messages, enabling individuals with sensory disabilities...
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UPS Announces Major Acquisition Deal with Mexico’s Estafeta

Mexico News (MNB) – UPS announced its intent on Monday to acquire the Mexican company Estafeta, with the goal of becoming the world’s premier international...
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