Raízen, a joint venture between Shell and Cosan, has addressed rumors about selling its Argentine operations. The company firmly denied ongoing negotiations for divestment in response to a Brazilian Securities Commission inquiry. Raízen emphasized its continuous evaluation of business portfolios and asset recycling as part of its strategy. The company’s presence in Argentina dates back […]
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Mexican Economy Faces Widespread Stagnation: IMEF Indicators Reveal Slowdown
The Mexican economy has entered a period of widespread stagnation, according to recent data from the Mexican Institute of Finance Executives (IMEF). Their monthly indicators paint a concerning picture of economic slowdown across multiple sectors. September saw the IMEF Manufacturing Indicator rise by 0.9 points to 49.5 units compared to August. Despite this slight increase, […]
