Mastercard and Visa lose ruling

Mastercard and Visa violated European competition law by charging retailers predetermined multilateral interchange fees, according to a ruling by London's Competition Appeal Tribunal issued Friday.

The court rejected the companies' proposed alternatives as unviable and lacking legal basis, calling them an abuse of process.

Instead, it endorsed a scenario without interchange fees, in line with a previous Supreme Court ruling and addressing what the court described as the main harm to competition.

As part of its first centenary, Grupo Modelo remains a leader in the national and international beer industry, with its Corona and Modelo Especial brands occupying the top two spots in the Brand Finance Mexico 50 2025 ranking.

For the sixth consecutive year, Corona maintains its position as Mexico's most valuable brand, with a brand value of $13.4 billion, representing a 29% increase over the previous year.

According to the consulting firm's data, this performance secures its first place nationally and also positions it as the most valuable beer brand in the world.

For its part, Modelo Especial consolidates its second position in the ranking, with a brand value of $7.1 billion and an annual growth of 34%, the highest on the list.

GMéxico Transportes, the rail arm of the Grupo México conglomerate, announced that its shareholders approved at a meeting to begin the process of delisting from the Mexican Stock Exchange.

Thus, 97.41% of shareholders approved the cancellation of their shares' listing and their registration in the National Securities Registry, the statement said.

GMéxico Transportes said that conglomerate Grupo Carso, its second-largest shareholder, intends to remain a partner in the company, will not participate in the offer, and will maintain its approximately 15.14% stake in the company (the Slim family holds another 1.88% stake through Sinca Inbursa).

Grupo México owns 70.27% of the company's shares, while at the end of the first quarter of this year, it held 12.61% of its shares in the hands of investors.

Meta Platforms plans to raise $29 billion from private equity firms to build artificial intelligence data centers in the United States.

Talks between Meta and private equity firms including Apollo Global Management, KKR, and Carlyle have advanced, according to people familiar with the matter.

Meta plans to raise $3 billion in equity and the remaining $26 billion in debt, one of the sources said.

The company is working with advisors from Morgan Stanley to arrange the financing.

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