BusinessCentral America LatAm property tech unicorn Tuhabi lands $50 million credit line from development bank The Cheap InvestorJune 1, 2023June 1, 20230 By Kylie Madry MEXICO CITY (Reuters) – Latin American property technology startup Tuhabi is set to receive a $50 million…
Central AmericaEconomy Bank of Mexico eyes ‘prolonged’ interest rate hold, higher growth The Cheap InvestorMay 31, 2023May 31, 20230 By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -Mexico’s central bank on Wednesday signaled it would hold the benchmark…
BusinessCentral America US asks Mexico to review alleged denial of workers’ rights at Draxton facility The Cheap InvestorMay 31, 2023May 31, 20230 By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility…
BusinessCentral America Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank The Cheap InvestorMay 31, 2023May 31, 20230 By Anthony Esposito MEXICO CITY (Reuters) – Mexico is evaluating whether buying Citigroup Inc’s Mexican consumer unit would help boost…
BusinessCentral America Analysis-Mexico’s gasoline independence dream sinks in dirty fuel oil glut The Cheap InvestorMay 31, 2023May 31, 20230 By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s president took office in late 2018 pledging to boost local output…
BusinessCentral America Mexico’s Femsa to sell stake in Jetro for $1.4 billion The Cheap InvestorMay 31, 2023May 31, 20230 MEXICO CITY (Reuters) -Mexican retail and bottling giant Femsa said Wednesday it had reached a “definitive” agreement to sell its…
BusinessCentral America Athletics-Bolt desperate for impactful role in track and field The Cheap InvestorMay 31, 2023May 31, 20230 By Janina Nuno Rios MEXICO CITY (Reuters) – Usain Bolt said he is desperate to play a role in reviving…
Central AmericaLatin America El Salvador court sentences ex-President Funes to 14 years in prison The Cheap InvestorMay 29, 2023May 29, 20230 By Nelson Renteria SAN SALVADOR (Reuters) – A court in El Salvador sentenced former President Mauricio Funes and his justice…
Central AmericaEconomy Mexico to launch tender for 10 industrial parks in 15 days The Cheap InvestorMay 29, 2023May 29, 20230 MEXICO CITY (Reuters) – Mexico will in 15 days launch a public tender for the construction of 10 industrial parks…
Central AmericaElections Mexico rulers tipped to win historic state election as presidency race looms The Cheap InvestorMay 29, 2023May 29, 20230 By Dave Graham LOS REYES ACAQUILPAN, Mexico (Reuters) – Mexico’s ruling party next month looks likely to seize one of…