MEXICO CITY, July 21 (Reuters) - Mining and transportation conglomerate Grupo Mexico on Tuesday said its second-quarter net profit rose nearly 79% compared to the same period a year earlier, bolstered mainly by higher prices. Net profit for the group, a leading copper producer, came in at $2.20 billion from revenues that climbed 35% to $5.71 billion, according to a filing. Net...

MEXICO CITY, July 21 (Reuters) - Mining and transportation conglomerate Grupo Mexico on Tuesday said its second-quarter net profit rose nearly 79% compared to the same period a year earlier, bolstered mainly by higher prices. Net profit for the group, a leading copper producer, came in at $2.20 billion from revenues that climbed 35% to $5.71 billion, according to a...

July 21 (Reuters) - Global index provider MSCI ( MSCI ) said on Tuesday it will temporarily cap the weight of any single issuer in its MSCI USA Enhanced Value Index at 25% to address potential concentration risks. The exceptional issuer cap, to be reviewed monthly, will take effect from September 1. The move comes as a rally in a...

MEXICO CITY, July 21 (Reuters) - Mexico's Grupo Financiero Banorte reported a 6% rise in second-quarter net profit on Tuesday, slightly above estimates, boosted by strong demand for consumer loans and higher fee income. Net profit reached 15.55 billion pesos ($888.64 million), above an LSEG-compiled estimate of 15.53 billion pesos, as revenues totaled 43.15 billion pesos, up 12% year-over-year and...