Mexico's Bimbo buying East Balt Bakeries Financial Mexico 

Mexico’s Bimbo buying sixth US baking company

Mexico City, Mexico — Mexico’s largest baking empire, Grupo Bimbo, has purchased another US baking company making it the sixth such agreement. Daniel Servitje Montull, Chairman of Grupo Bimbo, explained that as a way to expand its global reach the company has purchased US bakery, East Balt Bakeries for $650 million. “This acquisition drives Bimbo’s growth strategy to expand our global leadership and serve better and more consumers. East Balt enjoys long-standing strategic relationships with the largest and most established brands in the world. We look forward to East Balt…

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International 

Swimmers enjoy the Seine for first time in nearly a century

Paris, France — After almost a century of prohibition, sunbathers will be able to swim in the Seine. The mayor of Paris, Anne Hidalgo, inaugurated the first dedicated swimming area in a channel of the Seine, that for nearly a century, has been prohibited for sanitary reasons. The area is located in Villette, in the north of Paris, and is made up of three floating pools installed alongside one of the banks of the river. The swimming areas, which are free of charge, has different depths that are suitable for…

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International 

Jet blast kills tourist

St. Maarten, Dutch Antilles — A jet blast has claimed the life of a New Zealand tourist near the St. Maarten’s Princess Juliana Airport. Reports say that the 57-year-old woman was a plane spotter at the nearby beach which is internationally famed for its views of approaching aircraft. Despite warning signs, the woman was standing too close to the fence barrier that separates the beach from the runway. The force of the overhead jet blasts from the Boeing 737 tossed her, causing her to hit her head on the ground….

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State officials consider hotels, museum for Mahahual Mexico 

State officials consider hotels, museum for Mahahual

Bacalar, Q.R. — A new tourist development for the area of Mahahual could see 1,200 rooms added to the area. An announcement on Monday by the Integral Port Administration of Quintana Roo (Apiqroo) outlined the intention for a new project in the region of Mahahual in the southern portion of the state. Currently, Mahahual is a common cruise ship port, however, officials are considering a new tourist development in nearby Bacalar. The project would include 1,200 rooms distributed between six hotels with an estimated investment value of $100 million USD….

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Hilton brand announces new properties for Cancun, Playa del Carmen Cancun Mexico 

Hilton brand announces new properties for Cancun, Playa del Carmen

Cancun, Q.R. – International hotel giant, Hilton, has announced nine new properties for Mexico. The international brand has signed deals that will see them develop nine new properties in various parts of the country including Cancun and Playa del Carmen. The new Hilton brands will include Hilton Hotels & Resorts, Curio – A Collection by Hilton, Hilton Garden Inn, Hampton by Hilton and Homewood Suites by Hilton, as well as the company’s first dual-branded property in Mexico. The announcement of the new developments will add an additional 1,200 rooms to…

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Cancun bound flight delayed, pilot intoxicated Travel 

Cancun bound flight delayed, pilot intoxicated

Calgary, Canada – A Sunwing airline pilot has been taken into custody after being found intoxicated in the cockpit of a flight bound for Cancun. In a news conference, Calgary Staff Sargent, Paul Stacey, reported airline crew noticing the pilot “behaving oddly, before he became unconscious in the cockpit”. According to police, the pilot boarded Sunwing Airline 737-800 just before 7:00 a.m. on December 31. The aircraft had 99 passengers plus crew on board.  The co-pilot found the pilot unconscious in the cockpit just before the plane was scheduled for…

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david bowie dies at age 69 People 

David Bowie dies of cancer at 69

After a private 18-month battle with cancer, David Bowie has died at the age of 69. His son, film director Duncan Jones, confirmed the news, issuing a statement on his social media accounts. “David Bowie died peacefully today surrounded by his family after a courageous 18-month battle with cancer. While many of you will share in this loss, we ask that you respect the family’s privacy during their time of grief,” read a statement posted on the artist’s official social media accounts. Along with the Beatles, Stones and Elvis Presley,…

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argentina-peso_worst performing currency 2015 Financial 

The Peso dubbed worst currency in 2015, but not Mexican

Although the Mexican peso suffered its fair share of downturns throughout 2015, it did not make the list of worst performing currencies. Suffering a continual slide and hovering between the 16.00 to 17.00 peso mark ($1 USD buying 17.27 peso as of the New Year) for the latter part of the year, the Mexican peso managed to hold its placement off the worst currency list. Global reports say the Argentinian peso was the worst performing currency last year with a 34.6 percent loss against the US dollar. The slump is due…

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