Cofece fines Walmart de Mexico over abusive supplier practices in Mexican retail market
Mexico’s Federal Economic Competition Commission (Cofece) has imposed a $4.6 million fine on Walmart de Mexico (Walmex), accusing the retail giant of abusing its market ... Read More
Walmart de México achieves historic milestone with Bodega Aurrera expansion
Walmart de México y Centroamérica, known as Walmex, has reached a historic milestone with the opening of its 2,500th Bodega Aurrera store. Situated on Boulevard ... Read More
FEMSA unloads Solistica to Traxion—What does this mean for the future of logistics?
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), a major conglomerate in the retail and beverage sectors in Mexico, has announced a definitive agreement to divest ... Read More
Coeur Mining to acquire SilverCrest Metals in $1.7bn deal to create leading global silver powerhouse
Coeur Mining, Inc. has announced its acquisition of SilverCrest Metals Inc. through a definitive agreement, seeking to consolidate its position as a preeminent global silver ... Read More
Grupo Bimbo shakes up baking industry with bold move to buy Brazil’s Wickbold
Mexican baking conglomerate Grupo Bimbo, S.A.B. de C.V., has unveiled its latest move in the global baking industry—a strategic acquisition of Brazil's iconic bakery company, ... Read More
Organon and Eli Lilly expand global reach of migraine treatment Emgality
Organon and Eli Lilly and Company have expanded their commercialization agreement for Emgality, a leading migraine treatment, into 11 additional markets, reinforcing their commitment to ... Read More
Zama oil field development takes a major step forward with new FEED contract
The Zama Unit partners, consisting of Wintershall Dea, Pemex (operator), Talos Energy, and Harbour Energy, have awarded a pivotal Front-End Engineering and Design (FEED) contract ... Read More
Viamericas, 24Xoro join forces to expand remittance services in Mexico
In a significant development for international remittance, Viamericas Corporation, a renowned licensed remittance company, has announced its integration with 24Xoro, enhancing the options available for ... Read More
Mexico Pacific secures third LNG deal with ExxonMobil for Saguaro Energia
In a pivotal development for the global LNG market, Mexico Pacific has signed a third long-term Sales and Purchase Agreement (SPA) with ExxonMobil LNG Asia ... Read More
Wood wins contract for engineering of Woodside’s Trion FPU in Gulf of Mexico
In a significant development for the energy sector, Wood has secured a detailed engineering contract for the topsides facilities of Woodside Energy's Trion Floating Production ... Read More