SimFabric Unit MobileFabric Signs Agreement with Apple
SimFabric S.A.'s subsidiary, MobileFabric, has entered into an agreement with Apple to develop a new application and adapt four existing products for the iPhone Duo platform.
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Grupo Simec Announces Results of Operations for the First Nine Months of 2026
Grupo Simec reported a 10% increase in net sales and a 428% surge in net income for the first nine months of 2026, driven by higher shipment volumes and favorable foreign exchange impacts.
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Shares of steel-related companies are trading higher after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel from Canada will be increased to 50% from January 1, 2027. Steelmakers with U.S. production facilities may benefit from the protectionist import duties.
Shares of steel-related companies are trading higher as investors expect that the U.S. and Canada will fail to reach a trade agreement ahead of Saturday's deadline. The inability to reach an agreement could expose Canada to a 50% tariff on several key exports, which may benefit U.S.-based producers.