European stock markets fell on Thursday. This followed central bank updates from the UK and US. The Bank of England (BoE) kept interest rates steady, diverging from the Federal Reserve’s (Fed) position. Fed Chair Jerome Powell had said a March rate cut in the US would be too soon, affecting US markets on Wednesday. In […]
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Mexican government acquires Mexicana de Aviación for US$48 million: settling a 13-year armed forces dispute
The Mexican government has acquired Mexicana de Aviación, a national airline, for US$48 million. This acquisition aims to compensate 7,407 employees and end a 13-year conflict, enabling the airline to resume operations under the supervision of the Armed Forces. Ticket sales for 20 national destinations are set to begin in September, with prices touted to […]
