Mexico Markets: IPC & the Peso
The S&P/BMV IPC dropped 1.54% and the peso weakened to 17.52 per dollar as a Wall Street sell-off and local...
July 24, 2026Section
Mexico News in English
Mexico news in English from The Rio Times — politics, economy, trade, energy and culture.
Hero Seguros Mexico Buys Europ Assistance Local Agent
Hero Seguros Mexico entry confirmed via 100% acquisition of Grupo CAM. The Brazilian travel insurer targets Latin American expansion with...
July 24, 2026
Credijal Debut Opens BMV’s ‘Zero to Market’ Program
Credijal debuted on Mexico's BMV with a MXN250 million (~US$13.5M) debt issue, the first placement under the exchange's 'De Cero...
July 24, 2026
Ferrero Mexico Invests $86M to Double Plant Output
Ferrero Mexico investment of US$86 million will expand its Guanajuato plant, nearly doubling capacity and boosting exports from the San...
July 24, 2026
Puerto Rico Submarine Cable Lands in Ponce for $35 Million
Claro Puerto Rico is investing US$35 million to land the AMX-1 submarine cable in Ponce, the island's first southern international...
July 24, 2026
Grupo Bimbo Second Quarter Caps 15% First-Half Gain
Grupo Bimbo second-quarter net income rose 3.9% and first-half profit nearly 15%, as pricing and volumes led growth and the...
July 24, 2026
Nemak’s Sales Jump 19% but Costs Squeeze Its Profit
Nemak second quarter revenue surged 19% to US$1.5 billion after its Georg Fischer deal, yet EBITDA fell 6% to US$171...
July 23, 2026
Mexico’s Beloved Casa de Tono Weighs a US$400 Million Sale
Casa de Tono, the Mexican chain with 81 locations, weighs a $400M+ sale. Grupo Gigante leads bids as the brand...
July 23, 2026
Cemex Second Quarter: Mexican Cement Giant Lifts Outlook
Cemex second quarter sales rose 12% to US$4.6 billion and EBITDA hit a record US$1.02 billion, prompting the cement giant...
July 23, 2026