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US immigration
Cross-border cargo trains disrupted as US strains to contain migrant rush
...Grupo Mexico said it had temporarily stopped 60 trains across the country because of “severe risks” to the migrants....
September 21, 2023
Streaming services
Mexican broadcaster Televisa agrees $4.8bn tie-up with Univision
...Wade Davis, Univision chief executive, will lead the merged company, with Televisa’s Alfonso de Angoitia as executive chair. Marcelo Claure, chief executive of SoftBank, will become vice-chair....
April 14, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Odebrecht SA
Colombian deaths form latest twist in Odebrecht drama
...Last Sunday, the story took another macabre twist when Mr Pizano’s son, Alejandro Pizano Ponce de León, flew to Colombia from Spain for his father’s funeral only to die within hours of arrival....
November 16, 2018
Special ReportInvesting in Mozambique
Mozambique’s offshore gas promises great rewards — but not yet
...Other members of the consortium are China National Petroleum Corp, which paid Eni $4.2bn for a 20 per cent stake in 2013, when gas prices were higher, as well as the state oil company, Empresa Nacional de...
November 9, 2017
Banks
US, Citigroup agree to $97m forfeiture in Banamex USA probe
...It previously announced a settlement with the Federal Deposit Insurance Corp and California’s Department of Business Oversight in 2015 involving Banamex USA, at the same time it said it would wind down banking...
May 22, 2017
US & Canadian companies
Grupo México to buy Florida East Coast Railway in $2.1bn deal
...Grupo México, a mining conglomerate which owns Mexico’s biggest railway network, has agreed to buy Florida East Coast Railway Holdings Corp (FEC) for $2.1bn The deal “positions it immediately as a consolidated...
March 28, 2017
FT Live
Brazil Summit
Building a resilient and sustainable economy
Wednesday, 15 MayNew York, NY, USA
News in-depthImpact investing
Macri’s Argentina wants to muscle in on impact investing
...A new capital markets law is expected to be sent to congress soon while other legislation will provide further incentives such as allowing B Corps, for-profit companies that are certified as pursuing social...
October 30, 2017
News in-depthUS & Canadian companies
Mozambique strives to get liquefied natural gas projects online
...The slightly scruffy, nondescript building in downtown Maputo that serves as the headquarters of Empresa Nacional de Hidrocarbonetos — sandwiched between a KFC outlet and a café — could serve as a metaphor...
November 23, 2015
Energy sector
Long-running Grupo México courtroom drama nears finale
...Grupo México, which is predominantly a mining company and has a market capitalisation of about $16bn, owns Southern Peru Copper Corp and Asarco....
December 8, 2015
World
Panama tycoon accused of laundering drug money
...But the US is allowing La Estrella de Panamá and El Siglo, its sister title, to continue publishing for two months....
May 6, 2016
US & Canadian companies
Anadarko Petroleum to take Africa decision in 2016
...In addition, the company has reached a “tentative agreement” for it and its consortium partners to loan Empresa Nacional de Hidrocarbonetos, Mozambique’s cash-strapped state oil company, its share of the...
December 7, 2015
US presidential election
Bridge crosses big divide between Mexico and US
...Grupo Aeroportuario del Pacifico, the private operator of Tijuana airport, paid $12.4m for its half of the bridge and Otay Tijuana Venture, a private investment group led by Sam Zell, a Chicago real estate...
December 8, 2015
Americas companies
US widens probe into Citigroup’s Mexican operations
...The US Department of Justice has issued a subpoena to Banco Nacional de Mexico, Citi’s Mexican arm, asking for information about transactions between the California unit of Banamex and the operations in...
July 24, 2015
Business education
New market entrants create competition for business schools
Publishers, tech start-ups and recruiters vie for chunks of executive education worth $70bn a year
May 17, 2015
beyondbricsMergers & Acquisitions
Guest post: opportunities open for Mexico’s smaller telcos
...In recent days, AT&T completed the purchase of Mexico’s third-largest wireless company Iusacell for $2.5bn from Grupo Salinas, and announced an agreement to buy Nextel Mexico from NII Holdings for $1.8 bn...
February 9, 2015
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Telecoms
AT&T Mexico chief outlines long-term plan to take on Carlos Slim
Thaddeus Arroyo says US telecoms group is looking to build after $4bn acquisition spree
May 10, 2015
Family businesses
All change: Mexico’s Banorte gets new top brass after conflict
...Here’s Mr Hank on what lies ahead: Today’s changes … will contribute to strengthening the corporate governance of Grupo Financiero Banorte, marking the beginning of a new era of collaboration between all...
November 20, 2014
Telecoms
SoftBank aims to be goose that lays golden eggs
Run of spectacular investments raises Japanese group’s stature but risks remain
December 4, 2014
Telecoms
Mexico’s telecoms market seeks new signal
Questions remain whether regulations will improve competition
October 15, 2014
FT AlphavilleChris Nuttall
FT Opening Quote – DS Smith’s paper profit
...The guard is also changing at De La Rue, a bank note printer whose turnaround hasn’t panned out to plan....
June 25, 2015
US equities
Constellation cheered by Modelo results
...Constellation Brands was toasted by investors as the $5.3bn acquisition of beer maker Grupo Modelo, completed last year, showed further signs of paying off....
July 2, 2014
World
Mozambique prepares to harness vast gas reserves
...The contract was won by ENHILS, a joint venture set up between ENH Logistics – a subsidiary of state oil company Empresa Nacional de Hidrocarbonetos (ENH) – and Orlean Invest, a Nigeria-based company....
October 26, 2014
beyondbricsEuropean banks
London morning espresso
March 6, 2014
beyondbricsJude Webber
Grupo Elektra – on the up
...Is Mexico’s Grupo Elektra going middle class?...
January 15, 2014
US financial regulation
Subpoenas raise fears on Citi compliance
March 3, 2014

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