Mexican Giant Grupo Bimbo Nears Spanish Waffle Maker Buyout
Grupo Bimbo is in advanced talks to acquire Spain’s Punto Gofre, maker of Mercadona’s Hacendado waffles, with a deal expected...
July 21, 2026Section
Mexico News in English
Mexico news in English from The Rio Times — politics, economy, trade, energy and culture.
Alsea Profit Plunge Exposes Weak Mexican Consumer
Alsea’s Q2 net profit crashed 53% to MXN 531.5M as weak Mexican household spending dragged down Starbucks same-store sales by...
July 21, 2026
Mexico Markets: IPC & the Peso
Mexico's S&P/BMV IPC index fell 0.77% to 66,123 while the peso strengthened. Cemex dropped over 4% amid global risk aversion....
July 21, 2026
Tren Maya’s Yucatán Food Trains Launch at US$304
US$304 buys a Tren Maya gastronomic route with onboard brunch, five-course dinner, and stops at Chichén Itzá, Izamal, and Campeche—bookable...
July 20, 2026
EU Charges Mexican Giant Cemex with Price-Fixing Cartel
The European Commission filed formal Cemex EU cartel charges on July 20, 2026, for alleged price-fixing of construction additives in...
July 20, 2026
Mexican Airport Operator GAP Bond Raises US$615M for CBX Stake
Mexican airport operator GAP issued a GAP bond totaling MX$10.7 billion (US$615 million) in two tranches to fund a CBX...
July 20, 2026
Taiwan Mexico Exports Surge 233% on AI Boom
Taiwan Mexico exports soared 233% to US$35.94 billion in early 2026, driven by AI chips and nearshoring as firms dodge...
July 20, 2026
Sheinbaum River Cleanup: US$1.15 Billion for Mexico’s 3 Most Polluted Watersheds
The Sheinbaum river cleanup commits over US$1.15 billion to restore the Atoyac, Tula and Lerma-Santiago rivers, aiding 25 million people...
July 20, 2026
Grupo Elektra’s $1.7 Billion Tax Debt Payments Advance
Grupo Elektra is actively paying a 32.13 billion peso (US$1.7 billion) tax debt to Mexico's SAT through a scheduled plan...
July 20, 2026