El Camino Resources International, Inc.(Around the Country)(Brief
Article)
El Camino Resources International, Inc., which provides technology
equipment, leasing/financing and computer trade-in opportunities for
businesses and organizations, reported that new leases in . . .
The Mexican government has committed to work with the founders of
Silicon Border.(Around the Country)(Brief Article)
The Mexican government has committed to work with the founders of
Silicon Border, a new 10,000-acre industrial park to be built near
Mexicali in Baja California. This development caters to . . .
IVAX Corporation.(Mexico City)(Brief Article)
IVAX Corporation, a research, manufacturing, and marketing firm of
branded and generic pharmaceutical products based in Miami, reported the
purchase of a manufacturing plant in Caldaza del Huesos . . .
Lectra.(Mexico City)(Brief Article)
Lectra, a software design and distribution company, invested over
US$1 million to create the International Center for Advanced Technology
in Mexico, the first of its kind in Latin America. The . . .
TV taps into phone service.(New Business)(Brief Article)
Cable TV services have invested roughly US$500 million to develop
infrastructure that would allow them to offer telephone services, the
National Cable TV Industry Chamber announced in a late July . . .
Cintra sale on hold.(New Business)(Brief Article)
The long-delayed sale of Cintra--the holding company that is
comprised of Mexicana and Aeromexico--will not occur before next year as
airline industry struggles make it unlikely an optimal price . . .
Mexico, US patch up dispute.(New Business)
On July 6, the US government resumed sharing financial crime
information with Mexico after the relationship was suspended in April
because confidential information on a former Mexico city . . .
Marsh & McLennan acquire Kroll.(New Business)(Brief
Article)
Marsh & McLennan, the world's No. 1 insurance broker, will
purchase risk consulting provider Kroll Inc. for US$1.9 billion in cash.
The deal will expand Marsh's risk consulting and advisory . . .
Mexico joins Mercosur.(New Business)(Brief Article)
On July 8, the Mercosur trade bloc agreed to accept Mexico as an
associate member during a visit by President Vicente Fox to Puerto
Iguazu, Argentina. Leaders of the 10-year-old trade . . .
Satmex seeing red.(New Business)(Satelites Mexicanos)(Brief
Article)
Ongoing financial difficulties have caused Satelites Mexicanos
(Satmex) to consider delaying the launch of its newest satellite, Satmex
6. The budget to launch Satmex 6 was originally estimated at . . .
Massive March prompts government reaction: authorities scramble
to battle organized crime; results mixed.
After hundreds of thousands of people participated in a June 27
march against crime in Mexico City, authorities stumbled all over
themselves to show they heard the call for action. Time will tell . . .
Sister of US presidential candidate seeks voters
abroad.(Breves)
Considering the controversial outcome of the 2000 U.S. presidential
election and the key role absentee voters played, campaign strategists
are actively targeting American voters abroad.
That . . .
Struggling Social Security system faces 'informal'
threat.(Breves)
As politicians wrangle over plans to fix the nation's Social
Security system (IMSS), experts warn that the rise in participants
within the informal economy poses a serious challenge to the
system's . . .
Hacienda breaking all the rules.(Letters to the Editor)(Letter to
the Editor)
Dear Business Mexico,
I am an American woman living in Acapulco, Mexico. When I moved
here a few years ago as an "Inmigrada," I also moved some
furniture from Europe to the Port of Veracruz. Yes, . . .
Letter to our readers.(Governor election of Mexico
city)(Editorial)
Does anyone feel better now that First Lady Marta Sahagun declared
she won't run for president? The first possible woman to run Los
Pinos was dragged down by criticism that her election would . . .
On the verge of a breakdown: weak leaders, schizophrenic
liberalization cause Pemex to fall instead of fly.
A major crack showed in the weakening structure holding the Mexican
economy together when Petroleos Mexicanos, the state oil company, raised
gasoline prices in response to rising world oil prices.
. . .
Mexico City restaurant guide.
BUSINESS MEXICO brings you an ongoing list of some of Mexico
City's top restaurants, rated by cost, service, decor and cuisine.
A new restaurant is rotated onto the list every month, and we . . .
Bros.(Inside Eating Out)
Have you ever eaten in a restaurant where everyone knows your name?
Well, Bros definitely isn't that sort of place but it sure has the
feeling of Cheers, the Boston-based Irish pub that became the . . .
An under visited world of adventure: Colima has more to offer
than just one of LatAm's biggest ports.(Living in Mexico)
MANZANILLO, Colima--The fishing line had been in the water for an
hour when it gave a jerk, pulled taut with a hum, and the reel started
whirring. We were aboard a tiny 30-foot sailboat on a . . .
The great divide: splitting the roles of CEO and chairman of the
board does not guarantee positive results.(Author Abstract)
There may be good reasons, based on specific circumstances, for
companies to divide the roles of CEO and chairman of the board between
two people. But some experts say there is no evidence that . . .
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