WASHINGTON — The Biden administration announced on Wednesday that it was asking Mexico to review whether labor violations had occurred at a General Motors facility in the country, a significant […]
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Back to news homeMexican Factories Accused of Labor Abuses, Testing U.S.M.C.A.
WASHINGTON — The A.F.L.-C.I.O. and other groups filed a complaint with the Biden administration on Monday over claims of labor violations at a group of auto parts factories in Mexico, […]
Tribal Credit, which provides credit cards to startups in emerging markets, raises $34.3M
The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each […]
Nelo raises $3M to grow ‘buy now, pay later’ in Mexico
Buy now, pay later is a way of paying for purchases via installment loans that generally have no interest. The concept has grown in popularity in recent years, especially in […]
Tech in Mexico: A confluence of Latin America, the US and Asia
Kevin Xu Contributor Kevin Xu is an early-stage investor and founder of Interconnected, a bilingual newsletter covering tech, business and U.S.-Asia relations. Mexico has been known as an up-and-coming tech […]
Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A
Jüsto, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. The amount is sizable for a […]
Russian Campaign Promotes Homegrown Vaccine and Undercuts Rivals
Russian news outlets connected to election disinformation campaigns in the United States have set their sights on a new target: convincing Spanish-speaking countries that the Russian coronavirus vaccine works better […]
Lack of Tiny Parts Disrupts Auto Factories Worldwide
The semiconductor shortage came out of left field, hitting the industry at a perilous moment. Sales have plunged worldwide. In Europe, for example, they were down 25 percent in 2020.This […]
How much will it cost to process your passport in 2021?
The SRE released the passport cost adjustment. Read More
GAIA Design has raised more capital to become the West Elm of Mexico
Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding. The bridge round will […]