The company operates across over 20 countries in Europe and Latin America. In Mexico, its home market which brought in some 35% of revenue, the peso ended 2024 more than 20% weaker against the U.S.
Net profit was 9.48 billion Mexican pesos ($461 million) in the October-December quarter, down from MXN18.06 billion in the year-earlier period. The decline was largely due to a near doubling of ...
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter ...
Argentines are spending the most amount of dollars in years as they cash in on a strong peso, stoking further worries over ...
US President Donald Trump signed executive orders to impose 25 per cent tariffs on steel and aluminium imports from March 12, ramping up a long-promised trade war despite warnings from Europe and ...
A price comparison with Brazil, Mexico, Colombia and Chile shows the consequences of using the exchange rate as a strategy ...
Mendoza court hears initial appeal from plaintiff, who accused French rugby players Oscar Jegou and Hugo Auradou of raping ...
US President Donald Trump on Monday announced he would slap 25 percent tariffs on steel and aluminum imports starting March ...
Argentine President Javier Milei fired the daughter of a famous economist just days after he published a critical blog post ...
Peso Pluma's past relationship with Nicki Nicole ended in scandal following Super Bowl 2024. Hours after the event, a viral video showed him holding hands with an unidentified woman at a Las Vegas ...
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