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Club América's Stock Skyrockets 162%: The Week in Finance
By Mariana Allende - Thu, 03/28/2024 - 10:00
PACIC-Tracked prices have rebounded in March by 0.31%, while Mexican football team Club América’s stock surged by 162%.
https://mexicobusiness.news/finance
More Finance & Fintech
Mexico’s Growth Not Sustainable: Finance Leadership Talks
By Mariana Allende - Tue, 03/19/2024 - 16:35
During Finance Leadership Talks: Mexico’s Economic Landscape, experts noted that Mexico’s growth is not sustainable in the long-term.
Mexico's FEIP Drops 88% Since 2018
By MBN Staff - Tue, 03/19/2024 - 13:02
Mexico's Stabilization Fund (FEIP) recorded a balance of MX$40.52 billion in 2023, an annual real contraction of 88.8% compared to 2018.
Mercado Pago, Spin, Tu Dinero Digital Top IFPEA: CONDUSEF
By MBN Staff - Fri, 03/15/2024 - 13:15
According to CONDUSEF, Mercado Pago, Spin by Oxxo, and Tu Dinero Digital have emerged as the top-rated IFPEs.
Mexican Fintech Axen Capital Inaugurates its Offices in Dubai
By MBN Staff - Thu, 03/14/2024 - 16:30
Axel Capital has commenced its international expansion strategy by establishing its inaugural overseas offices in the United Arab Emirates.
Inditex Reports Record Profits, Revenue in 2023
By Mariana Allende - Thu, 03/14/2024 - 14:00
In 2023, Inditex reported €35.9 billion (US$39.09 billion) in revenue, marking a 10.5% surge from the previous year.
Fitch Ratings Adjusts Mexico’s 2024 Growth Forecast to 2.2%
By Mariana Allende - Thu, 03/14/2024 - 13:46
Credit rating firm Fitch Ratings has revised its growth forecast for Mexico in 2024 from 2.4% to 2.2% due to reduced investment
The Role of Technology in Mexico's Financial Inclusion
By Erez Saf - Thu, 03/14/2024 - 12:00
In driving toward financial inclusion, it's imperative to recognize the pivotal role of technology in fueling positive change, writes Erez Saf.
Mastercard, GFT Technologies Join to Boost Cross-Border Payment
By MBN Staff - Thu, 03/14/2024 - 10:47
Mastercard and GFT Technologies have introduced a solution to accelerate Mastercard Cross-Border Services into the Latin American market.
Alsea’s MX$6 Billion Investment in 2024, 60% Targeted for Mexico
By MBN Staff - Thu, 03/14/2024 - 10:16
Alsea announced an investment of MX$6 billion in 2024, with 60% dedicated to its operations within the Mexican market.