Tags: Mexico

World Bank Group member IFC invests US $50 mln in Mexico-based trust

IFC infuses US $50 million in Credit Suisse Mexico Credit Opportunities Trust, bringing the trust’s total capital to US $550 million.


How the free trade policy ruined Detroit City

According to analysts, the North American Free Trade Agreement or NAFTA can be blamed for the current situation of Detroit.

Almalden Minerals acquires funding through private placement

Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement

Mexico's Banorte sells US$2.5 billion worth of shares

Grupo Financiero Banorte sold shares worth US$2.5 billion. One of Mexico's biggest banks, Grupo Financiero Banorte SAB, sold around US$2. 5 billion worth of shares in the country's largest equity sale of the year yesterday.


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Two of Mexico's brewers gets a warning against a possible duopoly. Mexico's Federal Competition Commission issued a warning to two of its biggest brewers to open up the market to other competitors or face heavy penalties.
Round 1 of Big North's private oOffering closed at Can$180,000. (Photo : Reuters)The image shows a general view of the broadcast center of TSX Venture Exchange.
GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
Volaris, the Mexican budget airlines, is planning to undertake an IPO worth US$100 million. The operator of Mexican budget airline Volaris, Volaris Aviation Holding Co.
The Mexican Federal Competition Commission has disallowed Pfizer from using Pfizer baby food brands for twenty years.
The world's richest man now holds 31.1% of America Movil shares. Carlos Slim, the world's richest man, has further increased his shareholdings in his phone company America Movil.
Ora.TV purchases Stick Figure Productions for an undisclosed amount. Mexican billionaire Carlos Slim's Ora TV has purchased television production company Stick Figure Productions.
Volkswagen will begin to produce the next-generation Golf in Puebla, Mexico Volkswagen announced today that it will begin to produce the next-generation Golf at its Volkswagen de Mexico manufacturing facility in Puebla, Mexico.
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