Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

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Business & Economy

Mexico Business and Economy News

Carso's Lukoil buy makes Slim top private oil operator

Carso’s Lukoil buy makes Slim top private oil operator

Grupo Carso will buy Lukoil’s Mexico unit, taking full control of Ichalkil–Pokoch and assuming $330m debt tied to the fields.
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GM cutting jobs mexico

GM Mexico cuts 1,900 Coahuila jobs as EV demand cools

GM ended a second shift at Ramos Arizpe, cutting about 1,900 jobs as North American EV demand cools, even as it touts a $1B Mexico...
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Mexican peso appreciates

Mexican peso closes at 17.58 per dollar, best since mid-2024

The peso ended Monday at 17.58 per dollar, its strongest close since June 2024, as thin U.S.-holiday trading muted swings.
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Playa del Carmen’s dining boom rides high-season tourism

Playa del Carmen’s dining boom rides high-season tourism

Playa del Carmen is seeing a strong early 2026 as high-season tourism fills restaurants and strengthens the city’s fast-growing food scene.
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Mexican peso weakens

Peso slips after hot streak as markets cool in Mexico

After a rapid rally, the peso eased versus the dollar Friday, seen as a technical correction as traders digested U.S. data.
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china trade

China deepens its economic reach across Latin America

China-Latin America trade hit $518B in 2024 and investment stock nears $190B, reshaping supply chains with Mexico in the mix.
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Mexico posts record 2025 federal revenue topping 6.0T pesos, SAT says

Mexico sets 2025 federal revenue record above 6T pesos

SAT says Mexico collected a record 6.045T pesos in 2025, beating the legal target as ISR and VAT gains outweighed weaker IEPS.
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Vanguard sees Mexico at 1.5% growth in 2026 outlook

Vanguard sees Mexico at 1.5% growth in 2026 outlook

Mexico could grow 1.5% in 2026, Vanguard says, helped by U.S. consumers and World Cup tourism, but investment may lag amid T-MEC doubts.
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GM to invest $1B in Mexico manufacturing over two years

GM to invest $1B in Mexico manufacturing over two years

General Motors will invest $1 billion in Mexico over 2026–2027, betting on local demand as USMCA review talk and tariff pressure return.
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World Bank warns this decade is weakest growth since 1960

World Bank warns this decade is weakest growth since 1960

World Bank projections say the 2020s may be the slowest growth decade since 1960, leaving many countries poorer and widening gaps.
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Mexican peso strengthens

Peso strengthens as Fed chair probe hits the dollar

The peso firmed near 17.9 per dollar as a criminal probe involving Fed Chair Jerome Powell weakened the greenback and buoyed Mexico stocks.
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Tren Interoceánico

Interoceanic Train crash rattles investors in Mexico

After a deadly derailment, the Interoceanic Train crash is cooling corporate interest and raising questions about safety, costs, and reliability.
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