FEMSA has outperformed its peers by proactively improving margins, streamlining operations, and increasing capital returns despite facing macroeconomic headwinds and declining traffic at its OXXO stores. The company’s affordability initiatives in Mexico and easier sales comparisons are expected to support better same-store sales, although traffic and cost pressures remain concerns. Management plans aggressive store expansion for its Bara brand and continued growth for OXXO across Mexico, Brazil, and Colombia, with improvements in in-store product assortment offering additional growth potential. These efforts support a positive outlook with double-digit upside driven by strong retail execution, disciplined capital allocation, and long-term growth opportunities in Latin America and digital finance.
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
A potential closure of the Bab el-Mandeb Strait in the Red Sea could disrupt oil shipments from the Middle East to Europe and Asia, pushing crude oil prices higher. This disruption would force tankers to take longer routes, increasing delivery times ...
When Bitcoin blocks reach their 4 million weight unit limit, new transactions don't stop but enter a competitive fee auction in the mempool, where miners prioritize higher-fee transactions for confirmation. This dynamic means transactions with low fe...
Legrand SA has shown solid growth driven by strong demand in datacentres and effective operating leverage, despite facing unit margin pressures from raw material inflation and tariffs. The company expects organic growth of 4-7% and plans pricing acti...
FTX is set to distribute an additional $900 million to creditors, bringing total repayments to over $10 billion. This milestone marks significant progress in the bankruptcy process, offering hope to creditors who have been awaiting recovery of their ...
