Mexico

As Alamos Gold, a mid-tier producer of the precious metal, advances toward producing a million ounces yearly, CEO John McCluskey chatted with Benzinga about growing organically, as well as through M&A, and recent anti-mining sentiment in Mexico. Alamos has been on somewhat of a buying spree...

Intrepid U.S.A. Inc., a Dallas-based health care and hospice provider, has agreed to pay $3.85 million for allegedly submitting Medicare claims for patients who did not qualify for coverage. On Tuesday, the U.S Department of Justice (DOJ) alleged that between 2016 and 2021 19 Intrepid facilities...

The bond market of emerging economies has experienced a strong upswing in recent sessions, driven by rising expectations that the Federal Reserve is nearing a policy shift toward cutting interest rates. The iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSE:EMB), which tracks dollar-...

Independent presidential candidate Robert Kennedy Jr. recently expressed concern over the declining health of children, attributing it to harmful chemicals in everyday products. What Happened: In a conversation with Dr. Phil, Kennedy highlighted the poor health outcomes due to chronic diseases...

Online Latin America commerce and payments company Mercado Libre (NASDAQ:MELI) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Mercado Libre reported net revenue of $5.07 billion in the second quarter, up 42% year-over-year. The revenue...

Automobile manufacturers are pumping the brakes on investing in the future of electric vehicles as car buyers think twice about buying them because of the high cost and need to keep charging them. Ford Motor Co (NYSE:F) announced on Thursday it would refit a plant in Canada to make large gas-fired...

The United Auto Workers (UAW)union is calling out the Biden administration for not pursuing accusations of labor abuses by a Mexican subsidiary of Caterpillar Inc. (NYSE:CAT), a U.S. manufacturer of earth-moving equipment. In late June, the administration told a group of unions that it would not...

Transport Secretary Pete Buttigieg expressed concern over the impact of Hurricane Beryl on transportation, particularly flights, amid a potentially active hurricane season. The hurricane, which is currently causing significant destruction, is expected to affect travel to the Caribbean. What...

The World Health Organization has confirmed the first human death from a previously unseen strain of bird flu, H5N2, in Mexico. What Happened: The WHO announced on Thursday that a man in Mexico fell victim to a new strain of bird flu, H5N2. This strain is distinct from the H5N1 strain, which has...

Mexican-related financial assets suffered on Monday their worst day since the world entered into lockdown in March 2020, following the landslide victory of newly elected President Claudia Sheinbaum. What Happened: The Mexican peso plummeted by 3.9% to 17.68 per dollar, recording its worst day in...

President Joe Biden is expected to sign an executive order on Tuesday to temporarily close the U.S.-Mexico border to migrants when it exceeds a certain threshold, suspending long-standing asylum protections. What Happened: According to the New York Times, a Biden-signed executive order on this...

All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity. In May, the ISM Manufacturing PMI dropped to 48.7, marking a faster-than-expected contraction. This follows a bleak...

Claudia Sheinbaum, a Nobel Prize-winning climate scientist was elected Mexico's first female president by an overwhelming majority. She has pledged to continue the work of her mentor and outgoing leader, Andrés Manuel López Obrador (AMLO). In 2018, Sheinbaum became the first female mayor of Mexico...

Claudia Sheinbaum, known affectionately as "la Doctora" due to her impressive academic credentials, has shattered two significant barriers in Mexico's history by becoming the first woman and the first Jewish person elected as president. What to know: With an academic background in physics and a...

The Mexican Peso experienced its worst single-day performance in four years following Claudia Sheinbaum‘s victory in the presidential election held on Sunday. As of 08:15 a.m. in New York, the peso had dropped 3.4%, reaching 17.60 per dollar. This marks the sharpest decline since June 11,...