Banco de Mexico bought on Tuesday 2 million dollars in the foreign exchange market, with this new purchase it marks the fifth intervention in April and has bought all the options the Bank had planed to acquire for the month of April. (more…)
Gruma Corp has acquired all the assets of the company Albuquerque Tortilla Company (ATC), whose main activity is the production of tortilla wheat and corn.
This purchase was conducted through the U.S. subsidiary, Gruma Corporation, for a total of 8.8 million dollars. (more…)
The company said that the resolution of the antitrust agency is arbitrary, opportunistic, and over extended it self, Carlos Slim argued that market practices are accepted in other countries.
Telcel, A subsidiary of telecommunications giant America Movil, Said Tuesday that the fine for almost 12.000 million pesos (mp) over 1 Billion which was imposed by the Federal Competition Commission (CFC) for monopolistic practices in the market and for call terminations on mobile phones, is totally unfounded and criticized the way in how it was carried out by antitrust agency. (more…)
Underground in Mexico City is full of life , every day more than five million people travel through its 176 km of the Mexico City Metro network to go to their workplaces, schools and homes.
Since the beginning of its construction, the authorities took advantage of the large metro areas offering facilities to provide, as well as a means of transportation and a cultural space. (more…)
The beautiful singer and actress Ninel Conde joined the wave of beauty of the Mexican beaches.
First it was Lili Brillanti, Vanessa Arias, Betty Monroe, Aracely Arambula and Cecilia Galliano, who boasted, before their Twitter fans about their figures in bathing suits, now it’s the beautiful Ninel Conde’s turn. (more…)
More than 235,000 visitors in Baja California during Holy Week, so that hotel occupancy recovered in the beach destinations, according to information from the Secretariat Tourism State (Secture).
The head of the agency, Juan Tintos Funke, explained that benefited the most was the beach of San Felipe, Mexicali, where hotel rooms reported 97%, while Ensenada occupation of 75% recorded six points in the 2010 and Playas de Rosarito 15% more than last year to reach 69%. (more…)
The cruise ship Zuiderdam, Owned by Holland America Line and from Fort Lauderdale, Florida, With about three thousand passengers of various nationalities, arrived in Veracruz.
Canadian tourists, Americans, French, English, Germans, Australians, Brazilians and other nationalities, including crew members were taken to various cafes, restaurants and tourist attractions nearby. (more…)
If approved the appointment of Manuel Ramos Francia, who currently serves as chief economist of the central bank , he will become one of the four deputy governors of the state and occupy the site vacated by William Güemez in December and will be member of the Board of Governors of Banco de Mexico (Banxico) for a period of eight years, ending on December 31, 2018.
Ramos Francia having just been nominated for the post of deputy governor of Mexico’s central bank said Monday that the country’s inflation is converging towards the levels predicted by the Central Bank. (more…)
The time to worry about security alerts in Mexico is over, “Mexico” must resolve the conditions that generated it, said head of the Confederación Nacional Turística (CNT) Miguel Torruco Marques.
In an interview, the president of that body, Miguel Torruco Marques, warned that “ya no podemos taparle el ojo al macho” ( we cant hide the truth) it is not a problem of perception it’s about the dissatisfaction of the people because of what is happening in Mexico . (more…)
MEXICO CITY, April 25 .- While the automotive industry is an engine of the Mexican economy, the country should try to participate not only in the assembly of cars but in its design and engineering, said Daniel Mastretta.
The designer of the first Mexican sports car, small-scale assembly, said that although the trend is changing and there are more people interested in the design of motor vehicles, the effort is insufficient. (more…)
Despite the significant growth in energy prices at the international level, Mexico reports some of the cheapest gasoline in the world, said the Finance Minister Ernesto Cordero Arroyo.
In a joint press conference with Labor Secretary Javier Lozano, to address recent employment figures, Cordero Arroyo said that the slide in gasoline prices is a decision you make every month, according to market conditions international and ‘have to see how they evolve. ” (more…)
The horse the singer rode collapsed and fell on the artist who made a presentation at the bullring.
According to eyewitness accounts Joan Sebastian had just started his show when the horse he rode lost his footing and fell on the ring, Joan Sebastian was under the horse and as he tried to get up he was hit kicked in the head and face. (more…)
The unemployment rate in Mexico fell more than expected in March, reaching its lowest level in two years, according to seasonally adjusted figures, helped by the constant progress of recruitment in the formal (full-time) sector of the economy. (more…)
