Tag: Mexico

• Wednesday, July 18th 2012 - 07:59 UTC

  Mexico banking regulator says it repeatedly warned HSBC on money laundering

  

  Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC Holdings Plc, saying it had repeatedly told the bank to improve lax controls over suspect funds passing through its accounts.

• Tuesday, July 17th 2012 - 19:07 UTC

  Mexican group sells 15 Caesar Park hotels in South America to French operator

  

  Mexican hotel operator Grupo Posadas said Monday it reached an agreement to sell its properties and management contracts in South America to French hospitality company Accor for 275 million dollars.

• Monday, July 9th 2012 - 06:17 UTC

  Peña Nieto confirmed as Mexican president but won’t have majority in Congress

  

  Enrique Peña Nieto won Mexico's July 1 presidential election by 3.3 million ballots, or almost 7 percentage points, although allegations of excessive campaign spending and voter fraud could be reviewed by the electoral tribunal, officials said.

• Friday, July 6th 2012 - 07:32 UTC

  Mexican president elect Peña Nieto wants a strategic alliance with Brazil

  

  Mexican president-elect Enrique Peña Nieto said in an interview that his administration will step up efforts in South America to repair the country’s image, including seeking a strategic alliance with Brazil.

• Friday, July 6th 2012 - 07:11 UTC

  Mexico follows on Argentina and withdraws from zero-tariff accord for auto industry

  

  Mexico has withdrawn a zero-tariff agreement with Argentina on autos in a tit-for-tat trade dispute after the Argentine government's decision to pull out of an auto trade pact between the two countries.

• Wednesday, July 4th 2012 - 22:30 UTC

  Mexican election vote recount confirms winner Peña Nieto several points over runner-up

  

  Mexico's election officials on Wednesday recounted votes from more than half the polling booths in Sunday's presidential and congressional elections, responding to claims of fraud and requests for recounts in areas where the race was tight

• Monday, July 2nd 2012 - 06:25 UTC

  Peña Nieto, the new face of the old PRI, next Mexican president

  

  Enrique Peña Nieto leads his rivals in exit polls of Mexico’s presidential election as he seeks to return the once-dominant Institutional Revolutionary Party to power after a 12-year hiatus.

• Monday, July 2nd 2012 - 05:43 UTC

  World’s largest brewer takes over Mexico’s Corona-Modelo group for 20.1bn

  

  Anheuser Busch InBev, the world's biggest brewer, is taking over Mexico's Grupo Modelo for 20.1 billion dollars giving it dominance in Latin America's second-largest economy and adding Corona, the top-selling imported beer in the United States, to its brands.

• Saturday, June 30th 2012 - 04:06 UTC

  Why Enrique Peña Nieto will win the Mexican presidential election

  

  By Gwynne Dyer - There’s no point in talking about who’s going to win the Mexican presidential election on July 1. Enrique Peña Nieto is going to win it. What’s more interesting is why he’s going to win it.

• Wednesday, June 27th 2012 - 08:32 UTC

  Mexico preparing WTO case against Argentina over suspension of auto trade accord

  

  Mexico is prepared to take legal actions against Argentina after the government of President Cristina Fernandez announced its decision “to suspend” an automobile trade agreement.