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Banamex up for sale

U.S. investment bank and financial services corporation Citigroup has announced the pending sale of its Mexican retail banking business, Banamex, which reportedly has assets of around US$70 billion.

Mexico approves Cuba’s Covid vaccine

President Andres Manuel Lopez Obrador defended Mexico’s federal health regulator, Cofepris (Comisión Federal para la Protección contra Riesgos Sanitarios), after the institution approved the Abdalá Covid-19 vaccine developed by Cuba.

AMLO tests positive again

Despite getting his Astra Zeneca booster jab on December 7, Mexican President Andres Manuel Lopez Obrador has tested positive for Covid-19 for the second time.