Grupo Higa

BlackRock to buy Mexican fund tied to scandal-hit contractor

BlackRock Inc (BLK.N), the world's largest asset manager, has agreed to buy a Mexican infrastructure investment fund that financed projects for a contractor at the center of a scandal which embroiled President Enrique Pena Nieto.

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Mexico finance minister bought home from government contractor in scandal: WSJ

Mexico's finance minister bought a home from a government contractor who is at the center of a conflict-of-interest scandal embroiling President Enrique Pena Nieto and his administration, the Wall Street Journal reported on Thursday.

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China plans to bid again for Mexico high-speed rail project

China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.

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