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...HSBC has agreed to sell its business in Argentina to domestic lender Grupo Financiero Galicia for $550mn as it exits a market where its business has been affected by hyperinflation and a volatile currency...
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...Here, favourite Florentine bakers S.forno (themselves a spinoff of favourite restaurant Il Santo Bevitore) have advised on Alimentari, the café-food shop, so everything looks, and tastes, divine....
...ultra-central 25-room hotel from Grupo Habita: all natural surfaces and native woods, spare design, and views over the Metropolitan Cathedral....
...Luis Urrutia, a Punta Pájaros pioneer, and the person behind the one-bedroom beachfront villas next to Grupo Habita’s Hotel Escondido, told me recently about his efforts to regenerate and restore the local...
...“It has crushed the long-held myth by many market participants that SOEs no matter how weak will be bailed out by their government masters,” Standard & Poor’s said in a note....
...Fever-Tree works closely with Spain’s Grupo Damm, the maker of Estrella Damm, in the Spanish market....
...Ross Wyeno, a Mexico energy analyst with S&P Global Platts, says several pipelines “were built into areas that were not high-demand areas, which is unusual”....
...● Evraz was the FTSE 100’s sharpest faller after Roman Abramovich and his business partners sold 1.8 per cent of the Russian steelmaker at 595p apiece, a 5 per cent discount to the market....
...This latter sector will see its own exits, however, with Naspers — a South African media group whose prime asset is a 31 per cent stake in Tencent — Mexico’s Grupo Televisa and India’s Zee Entertainment...
...Moreover, smaller players such as M&S and Co-op, not restricted by the Morrisons deal, should come on board with Ocado Solutions....
...in a country that is one of the world`s biggest cellular markets....
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
...In a statement from Grupo Wisa, his holding company, Mr Waked Fares said the US designation was “false and unfounded” and promised to co-operate fully with the authorities to clarify the affair....
...BSI was recently sold by Brazil's Grupo BTG Pactual SA to EFG International AG....
...Credit rating agency S&P worries aloud about the weakness in the French and Brazilian businesses, as well as Casino’s “still-complicated financial structure”....
.... $100 invested in the bank at the beginning of the year would have returned $103.92 by the end of 2014, with dividends reinvested, compared to $113.68 for the S&P index and $115.18 for the financials subsector...
...The two-hour set kicked off with 2013’s Triz, accompanied by a string-driven soundtrack from Brazilian musician Lenine that offered a magpie mix of violins, music boxes and what sounded suspiciously like...
...DS Smith has agreed to buy the corrugated business of Grupo Lantero, an Iberian manufacturer, for EUR190m including debt. DS Smith has been bolting on smaller businesses at a fair clip....
...Gas Natural said it had won the commitment from majority shareholders representing just over 54 per cent of CGE´s share capital....
...Banks digest losses as S Korea returns decline A decade ago, leading commercial banks were jostling for acquisitions in South Korea, a rapidly growing banking market where return on equity reached well...
...Overall, US equities remained on a modest upward march. The S&P 500 rose 0.1 per cent to 1,974.62....
...The year earlier included gains from its acquisition of Grupo Modelo’s beer business. When adjusted for one time items, Constellation said it earned $1.11 a share, shy of expectations for $1.15....
...MSCI Emerging Market Index up +0.24% at 1,030 Europe FTSE down +0.30% at 6,865 RTS up +2.24% at 1,325 Warsaw Wig up +0.11% at 52,122 FTSE 300 Eurotop up +0.31% at 1,382 Americas DJIA up +0.11% at 16,717 S&...
...InBev to sell them as part of its $20bn takeover of Grupo Modelo....
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