Economists warned that while the economic reforms of President Enrique Pena Nieto are crucial to increasing wages, Mexicans would have to wait before impact would be felt.
South/Central America
Oi slumps following surprise loss, dividend reduction
Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
Chile's BCI seeks approval from investors for capital hike
Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Eike Batista sells LLX Logistica sale to EIG Global Energy Partners, raises money for superport completion
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
KPN foundation questions Slim's intentions
An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Latest News
American Tower Corp announced that it would be buying towers from NII Holdings for USD 811 million. For the price tag of USD 811 million, American Tower Corp (AMT) announced that it has agreed to buy 4,500 towers in Brazil and Mexico from NII Holdings.
Honda Motor Co announced its plans to build a new car plant in Brazil. Honda Motor Co announced its plans to build a car plant in Brazil. The investment will cost the Japanese car manufacturer USD 440.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
Grupo Televisa SAB agreed to purchase controlling stake in Cablecom for a deal priced at USD745 million.
Atlas Resource Partners announced today completing its acquisition of natural gas assets from EP Energy.
H.I.G. Capital announced the investment of its Brazilian affiliate in LG Sistemas. Private equity investment firm H. I. G. Capital announced the strategic investment of its affiliate in Brazil of LG Sistemas.
Paris-based Eutelsat agreed to acquire Satmex for a total of USD 1.14 billion, including its outstanding debt.
ACON Investments and Capital International Private Equity Fund have announced its acquisition of Colombia's Vetra Energia.
CCPIB said that they are set to acquire a 27.6% stake in Aliansce Shopping Center SA. The Canada Pension Plan Investment Board announced that they have agreed to acquire a 27.
