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Latin America Business News

Delegation Of Mexican Senators Visit Iran, To Explore Expanding Relationship

Delegation Of Mexican Senators Visit Iran, To Explore Expanding Relationship

A delegation of six Mexican senators is visiting Iran with the goal of tightening links in the industrial, energy, cultural and political areas. continue reading »

Mexican Tax Hike Reminds Retailers of Mexican Shopper, Border Policies Importance

Mexican Tax Hike Reminds Retailers of Mexican Shopper, Border Policies Importance

The Mexican Congress this fall increased its country’s border region sales tax rate from 11 percent to 16 percent, a reform that will bring the border region into alignment with the rest of the country beginning New Year’s Day. As a result, it has put its northern retailers at a distinct disadvantage as they struggle to compete with their northern neighbors. continue reading »

STUDY:  Gender Inequalities Persist in Latin America

STUDY:  Gender Inequalities Persist in Latin America

The greater incorporation of women into the working world in recent decades in Latin America has not gone hand in hand with a reduction in the gaps with men in terms of pay and opportunity, according to a U.N. study released Monday. continue reading »

Pemex to Construct Country’s First Solidifying Sulfur Plant

Pemex to Construct Country’s First Solidifying Sulfur Plant

Mexican state oil company Petroleos Mexicanos has announced plans to build the country's first solidifying sulfur plant, a project estimated to cost more than 500 million pesos (some $38 million). continue reading »

GM to Layoff Over 1,000 in Brazil

GM to Layoff Over 1,000 in Brazil

The Brazilian affiliate of U.S. automaker General Motors has confirmed the layoff of more than 1,000 employees from one of the multinational's factories in Sao Jose dos Campos in Sao Paulo state, official sources said. continue reading »

Gogo Joins Aeromexico to Provide Internet on Flights

Gogo Joins Aeromexico to Provide Internet on Flights

Aeromexico and connectivity specialist Gogo have formed an alliance to offer in-flight Internet and wireless entertainment service on at least 75 of the carrier's planes. continue reading »

Hispanics Take Their Dollars Online

Hispanics Take Their Dollars Online

I came across a great article the other day on MediaPost. It shared the results from a great study conducted by Experian Marketing Services. continue reading »

Turkey and Mexico Strengthen Ties with 12 Cooperation Agreements

Turkey and Mexico Strengthen Ties with 12 Cooperation Agreements

The presidents of Mexico and Turkey signed 12 cooperation agreements Tuesday to strengthen economic, scientific and diplomatic relations at an official ceremony commemorating the 85th anniversary of the two nations establishing diplomatic ties. continue reading »

Illegally Tapping of PEMEX Pipeline Leads to Explosion and Mass Evacuation

Illegally Tapping of PEMEX Pipeline Leads to Explosion and Mass Evacuation

Several people were injured and hundreds of others had to be evacuated Monday when a pipeline belonging to state-owned oil giant Petroleos Mexicanos, or Pemex, exploded as it was being tapped illegally in Acolman, a city in Mexico state, officials said. continue reading »

Glass Ceiling Breaks in Automotive with General Motors Naming First Female CEO

Glass Ceiling Breaks in Automotive with General Motors Naming First Female CEO

General Motors on Tuesday announced that 33-year company veteran Mary Barra will replace Dan Akerman as CEO starting on Jan 15. continue reading »