Mexico

Profit At Mexico's Femsa Hit By Peso's Rise, Coca-Cola Unit Costs

Mexico's Femsa said its fourth-quarter net profit fell by more than half compared with a year ago, dragged down by the Mexican peso's appreciatio...

Climate Change May Slash Some Fish Catch Rates In Mexico: Study

If Mexican fisheries do not adapt to climate change, the number of fish caught is set to tumble, with catch numbers for Pacific abalone, jum...

France's Vivescia Plans Its First Malt Factory In Mexico

French grain group Vivescia will build its first malt production unit in Mexico, backed by a long-term contract to supply the beer ingredient to global bre...

Avocado Shortages, Virgin Margaritas: Border Shutdown Could Hit American Palates

President Donald Trump's threat to shut down the U.S.-Mexico border would hit American consumers - in the gut. From the avocados on avocado toast, to th...

Walmart Mexico And Union Agree On Wage Hike

Walmart de Mexico, Mexico's biggest retailer, has reached a deal with a union to raise worker salaries, both groups said on Thursday, heading off a po...

Jerónimo Martins Eyes Romania, Possible Latin America Expansion

Portuguese retail group Jerónimo Martins is eyeing potential locations in Romania, with plans to launch in the country in the next two and a half ye...

Heineken Mexico, Oxxo Extend Relationship

Heineken has announced the extension of its commercial relationship with Cadena Comercial Oxxo, a leading convenience store chain, for five years. The t...

Smurfit Kappa Opens New Plant In Mexico

Packaging giant Smurfit Kappa has announced that it has opened a new folding-carton plant in Tijuana, in Mexico. The new unit will strengthen the compan...