Financial

Walmart México announces major capital investments

Walmart México announces major capital investments

Mexico City, D.F.  — Walmart de México and Central America have announced plans of adding an additional 19 percent this year in their Latin American market with capital investments of 17 billion peso. The move comes…


Nissan appoints Mexican nationals for global positions

Nissan appoints Mexican nationals for global positions

Mexico City, D.F. – Two locals have been given top management positions with Nissan in the company’s global management worldwide. The two newly appointed members will be Iván Espinosa and Carlos Servin. As of April 1,…


Ejido land attractive real estate option

Ejido land can be an attractive real estate option

Mexico City, Q.R. — In recent years, many parts of Mexico have become an attractive market for the sale of tourist land in regions such as Los Cabos, Playa del Carmen, Tulum and Puerto Vallarta among others. In…


Division of Telmex to take 3 years

Division of Telmex to take 3 years

Mexico City, D.F. – The division of Mexico telecommunications company, Telmex, is expected to take around three years to complete. The company has announced it will split into two companies, one to manage its infrastructure…


BBVA bank to invest $1.5 billion in Mexico

BBVA bank to invest $1.5 billion in Mexico

Mexico City, D.F. – Spain-based BBVA Group has announced a $1.5 billion investment into Mexico over the next 5 years. The announcement was made in a press release by president of Grupo Financiero BBV Francisco González who…



Walmart Canada to stop accepting Visa

Walmart Canada to stop accepting Visa

Walmart says it has decided to stop accepting Visa credit cards as a form of payment in its Canadian stores due to high transaction fees. The company says it intends to join the list of…


argentina-peso_worst performing currency 2015

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…