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News from Monterrey
Stay current with all the latest and breaking news about Monterrey, compare headlines and perspectives between news sources on stories happening today. In total, 302 stories have been published about Monterrey which Ground News has aggregated in the past 3 months.
Weather
27°C
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Saturday
22° | 30°C
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Sunday
23° | 31°C
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Monday
24° | 33°C
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Tuesday
24° | 33°C
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Wednesday
23° | 33°C
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Thursday
23° | 33°C
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Latest News Stories
Monterrey · MonterreyRegaining the validity of the Advance Price Agreement (APA), in addition to benefiting companies established in the manufacturing sector of Nuevo León (NL) and the country, would provide an incentive for the potential arrival of new industrial firms, said Carlos González Martínez, member of the Finance Committee of the Mexican Institute of Finance Executives (IMEF) Grupo Monterrey. “The maquila program is very attractive for nearshoring and the …See the Story
It would favor investment for the maquilador sector to return to the APA method
100% Right coverage: 1 sources
Elon Musk · MonterreyThe governor of Nuevo León and the same president rushed with the announcement of the construction of Tesla's megafactory in this entity; then time passed and nothing materialized, until Elon Musk announced that he would wait until observing the results of the US presidential elections and knowing which measures the new government will implement around the protectionism of the automotive industry. That is, everyone got dressed and agitated with …See the Story
AMLO scared Musk away
100% Right coverage: 1 sources
Monterrey · MonterreyCemex reported that during the second quarter of the year, its operating flow was $965 million (mdd), a 1.4% increase compared to the $951 mdd of the same period last year, and that its net income for the quarter fell annually by 15.44%, reaching $230 mdd. The company highlighted that despite the decline in volumes and the high comparative base of last year, the operating flow increased for the sixth consecutive quarter. "The contribution of our…See the Story
Cemex's flow rose 1.4% and Cemex's profit fell 15% in II-2024
100% Right coverage: 1 sources
Monterrey · MonterreyIn the Nuevo León, Mexico economic landscape, the news of Tesla's factory installation brought optimism and growth expectations in terms of investment and local development. However, the possibility of canceling this project raises significant repercussions, both in the local economy and the real estate market.See the Story
Norma Canales: Economic and Real Estate Impact of the Possible Cancellation of the Tesla Factory in NL
100% Right coverage: 1 sources
Monterrey · MonterreyRegional (Banregio and Hey Banco) registered a 30 percent increase in net income in the first half of 2024, compared to the same period in 2023 and announced more aggressive expansion plans for next year. Héctor Cantú, CEO of Banregio, highlighted that the Regional group obtained a cumulative profit of 3,233 million pesos (mdp) in the first half of 2024, an increase of 30 percent, supported by a solid financial margin with growth of 19 percent, …See the Story
Innovation highlighted as key factor in Banregio and Hey Bank's growth
100% Right coverage: 1 sources
Monterrey · MonterreyTemu, Shein… esas marcas que no conocen los mayores de 40 años en México. Esa es la pista. Adivinen de dónde viene otro ascenso para el OXXO.Sí, huevos, en esas tiendas y en el Walmart pueden comprar eso, jamón y pan. Pero hace tiempo que eso se convirtió justamente en bolillos, en lo que se vende todos los días y brinda liquidez al negocio. Dinero corriente en caja.Pero la pelea por la verdadera riqueza está en los servicios que esas tiendas br…See the Story
OXXO already outperforms Walmart.
100% Right coverage: 1 sources
Monterrey · MonterreyIn the second quarter of this year, Alfa's net sales totaled four million 197 million dollars (mdd), a decrease of one percent compared to the four million 222 mdd of the same period last year. Additionally, the company noted that its operating cash flow in the period was 445 mdd, representing an increase of 23 percent when compared to the same period last year, which was 360 mdd. Alfa explained that the decline in its revenues was due to the fa…See the Story
Bajan 1% ventas y sube 23% flujo de operación de Alfa en II-2024
100% Right coverage: 1 sources