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Tag Results for "Mexico Business News"
Mexico Gives $1.2 Billion Lifeline To Struggling Homebuilding Industry
March 7, 2013 | by HS News Staff | Latino Daily News
The Mexican government has announced that it will be cover up to 30% of bad bank loans taken out by homebuilders and guaranteeing up to 50% of loans taken out by “healthy” homebuilders, in essence throwing them a $1.2 billion lifeline. continue reading »
U.S. Cinemark Mexican Movie Theaters to be Sold to Grupo Mexico
February 19, 2013 | by HS News Staff | Latino Daily News
U.S.-based Cinemark Holdings, which operates 5,207 screens at 461 movie theaters in the United States and across Latin America, said it planned to sell its Mexican unit to Cinemex. continue reading »
Eurocopter Celebrates 30-Years In Mexico by Investing $550 Million for Expanded Operations
February 14, 2013 | by HS News Staff | Latino Daily News
Eurocopter plans to invest up to $550 million in Mexico over the next few years, the European aviation company's president and CEO, Lutz Bertling, said. continue reading »
PEMEX Finds 500 Million Barrels of Crude Oil, Largest Discovery in a Decade
November 26, 2012 | by HS News Staff | Latino Daily News
State-owned oil giant Petroleos Mexicanos, or Pemex, said it found reserves of up to 500 million barrels of crude in southern Mexico, a discovery that President Felipe Calderon hailed as the "biggest find" of petroleum on land in the past decade. continue reading »
Apple Denied an Injunction in Mexico Against iFone
November 1, 2012 | by HS News Staff | Latino Daily News
A judge has denied U.S. technology giant Apple an injunction that would have allowed it to continue selling iPhone-branded products in Mexico, ruling that the company iFone had the rights to that brand name earlier, an attorney for the Mexican firm told Efe. continue reading »
Mexico Announces New Significant Crude Oil Discovery in Gulf of Mexico
October 8, 2012 | by HS News Staff | Latino Daily News
Mexican President Felipe Calderon on Friday said another significant crude discovery has been made at a well in deep waters of the Gulf of Mexico, hailing the find as confirmation of a "huge oil system" in that region. continue reading »
160,000 Businesses Left Mexico in 2011 Due to Violence
April 5, 2012 | by HS News Staff | Latino Daily News
More than 160,000 businesses left Mexico last year due to persistent violent crime woes, according to the president of the country's largest business group, Coparmex. continue reading »
Outsource Jobs Increasingly Heading to Mexico
March 9, 2012 | by Smart Planet | Latino Daily News
Offering their United States customers closer proximity to home, Mexico is increasingly being chosen for IT services over companies in India or China. continue reading »
Mexico to Finance Early Stage Companies, High Growth Companies - First of Its Kind Fund
December 11, 2011 | by HS News Staff | Latino Daily News
The Multilateral Investment Fund (MIF) approved a $4 million equity investment in Angel Ventures Fund I, a fund that will invest in knowledge-intensive, technology-based firms in Mexico. continue reading »
Whose Behind Death Threats to Potential Mexicana Airline Investors?
November 13, 2011 | by HS News Staff | Latino Daily News
The judge overseeing Mexicana de Aviacion's bankruptcy proceedings said Friday that potential investors in the grounded Mexican airline told him they had received threats. continue reading »
Mexican Auto Industry Set to Lose $250 Million – Unable to Export to Japan’s Shuttered Plants
March 16, 2011 | by CNN Expansion | Latino Daily News
The Mexican auto industry is feeling the effect of the Japan tsunami and is anticipating losing approximately $250 million from exports to Japan. continue reading »
Mexico’s Largest Phone Company Telmex Splits in Two
March 9, 2011 | by Online WSJ | Latino Daily News
Mexico’s largest phone company, Telefonos de Mexico SAB (Telmex) has announced its plans to split into two different companies. continue reading »
Wal-Mart de Mexico to Invest Record $1.6 Billion in Six Latin American Countries in 2011
February 25, 2011 | by Financial Channel | Latino Daily News
Wal-Mart de Mexico y Centroamerica has announced its intention to invest in 2011, $18.97 billion pesos ($1.6 billion) in six Latin American countries to increase the company’s presence in the region. continue reading »
