Mexican Peso Recovers Ground After Four Days of Declines in Latin America
The Mexican peso achieved a significant respite against the dollar on Wednesday, a day before the release of key inflation data and a strong U.S. economic recovery.
Category: Business
Rising Inflation in Mexico: Challenges and Strategies for the Business Sector
In July, inflation in Mexico registered a notable increase, reaching its highest point in more than a year. This phenomenon not only presents ...
The Impact of the End of Cheap Financing on Global Markets
Recent declines in global equity markets appear to be more related to the cessation of low-cost financing than to the s...
Dollar falls to a four-month low on weak U.S. jobs data.
The U.S. dollar fell to a four-month low on Friday following the release of a weaker-than-expected jobs report for ju...
Volkswagen intensifies cost cuts to try to improve profit margins
Volkswagen (VOWG_p.DE) has announced that it will need to make "significant cost reduction efforts" in the second half of the year and in advance of the...
Boeing appoints Kelly Ortberg, aerospace industry veteran, as CEO to lead turnaround
Boeing (BA.N) announced Wednesday the appointment of Kelly Ortberg, a seasoned aerospace industry leader, as its new President ...
Cryptocurrency stocks rise after Trump's pro-bitcoin speech
Shares of cryptocurrency companies listed in New York rose before Monday's open after presidential candidate rep...
Under pressure in China, Mercedes lowers its earnings outlook
Mercedes-Benz (MBGn.DE) lowered its annual profit margin forecast following weak second-quarter sales and earnings on Friday....
U.S. goods trade deficit narrows; new home sales continue to decline.
The U.S. goods trade deficit narrowed in June for the first time this year amid a broad-based recovery in U.S. exports and a recovery in U.S. exports to the United States....
Tesla margin likely declined in second quarter; focus on robotaxis, AI projects
Tesla (TSLA.O) is likely to report Tuesday that its second-quarter margin fell to its lowest level in more than five years, and it is expected to...
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