Mexico will ship up to 500,000 metric tons of sugar to U.S. without any modification on the agreement being signed by the two nations on December 14. U.S. consumers prefer sweeteners from sugarcane over sweeteners manufactured from genetically modified beets.

Following a deal with UAW, the union members are enjoying jobs in Ford’s Wayne plant sacrificing small-car plant in Mexico. Applying the loophole in negotiation terms, Ford announces another $1.6 billion production plant in Mexico in addition to previously declared $2.5 billion plant. Ford’s tricky stance has irked the UAW and the union members have demonstrated protest against the automaker’s decision.

Mexico will be rich in renewable energy as private energy companies flock to the state to provide them with electricity generated from clean energy to be sold to Comisión Federal de Electricidad. Italy’s Enel Green Energy won 3 projects and will build solar plants while others will provide energy from wind farm.

Economic activity in Mexico increased 2.9% during January 2016 from the corresponding period in 2015. The rise in economic activity was due to a robust performance by three sectors in the country.

Mexico is currently aiming to increase its fuel imports in order to attract investment as well as to bring down the fuel prices for buyers. This energy reform activity will boost the competition among private oil firms in Mexico.

Wal-Mart De Mexico SAB posted an 18.4% drop in its fourth-quarter net income. High spending during the fourth quarter affected the retailer's earnings.

PROFEPA has fined Volkswagen México with $8.9 million for lacking two NOM environment compliance certificates. The 45,494 imported vehicles under penalty include Volkswagen's 2016 model vehicles. However, the fine is separate from the ongoing probe on defeat device installation on diesel powered vehicles.

Mexico is receiving $400-loan from World Bank for rural development and will formally sign an agreement. Mexican government will utilize the funds for extending financial lending to farmers and fishermen in rural areas. The small and medium enterprises (SMEs) will also get financial support from the Mexico's national agricultural financing agency FND.

Cartel kingpin El Chapo was recaptured on Friday, after his second escape from Mexico's top-security prison through a tunnel. The operation involves Mexican marine, aids from U.S authorities, as well as numbers of informants that adds up to more than 2,500 security and intellectual agents.

The most wanted drug lord, El Chapo Guzman will be extradited to U.S. following his arrest by Mexican authorities. Prior to his arrest, actor Sean Penn interviewed the drug lord in his hideout.