This week in finance news, a global “AI correction” erased US$1.3 trillion from Big Tech’s market capitalization as investors demanded near-term profitability over speculative infrastructure spending. The shift mirrors mounting financial fragility in Mexico’s gig economy, where workers now spend 90% of their income on daily essentials.
Mexican households remain under pressure as food prices rose 5.1% in January, outpacing the 3.8% general inflation rate and pushing staples such as beef and milk to record highs.
More news below:
Active Leasing Issues MX$750 Million ESG Bond on BIVA
Mexican leasing company Active Leasing placed a MX$750 million (US$43.75 million) sustainable bond on the Bolsa Institucional de Valores (BIVA), marking what executives described as the first public issuance in Mexico and Latin America simultaneously linked to climate and governance indicators…
