Hints and tips:
...“This agreement will mark the beginning of a new era in the aviation of North America, as the first and the largest cross-border alliance between Mexico and the United States,” Aeroméxico CEO Andrés Conesa...
...Amado Yáñez, whose Oceanografía group has been placed under state control, was arrested on the orders of a federal judge while recovering from surgery in a Mexico City hospital, the attorney-general’s office...
...The alleged fraud involved the bank lending to Oceanografía and another supplier of Pemex, the Mexican state energy company, against falsified invoices....
...The Blockbuster stores cover 108 cities in Mexico, and are mainly located in the B and C demographic areas, which will expand the customer base of Grupo Elektra....
...Foreign investors have poured money into Latin America’s second-largest economy over the past year, helping to boost bond prices and stock valuations....
...Emilio Azcárraga Jean of Televisa and Ricardo Salinas Pliego of TV Azteca, TV Uno recorded a hit with its wall-to-wall coverage of the recent Pan American Games in Guadalajara, Mexico’s second-largest city...
...Each big success helps to inject money, confidence and talent back into the city, according to local industry insiders....
...With a population of 112m, Latin America’s second-largest economy is one of the world’s top beer consumers....
...Much of the debt subject to renegotiation stemmed from Cemex’s 2007 purchase of Rinker, the Australian buildings materials supplier, for $14.2bn....
...As Damian Fraser, UBS Pactual’s Mexico City-based director of Latin American research, puts it: “Comercial Mexicana was Mexico’s Lehman Brothers.”...
...Mr Slim, who made his fortune from telecommunications businesses including Teléfonos de México and América Móvil, has shown increasing interest in media companies as the two industries have converged....
...Meanwhile, Televisa is the dominant supplier for Univision, the top-rated US Spanish-language network. But things have not gone as planned....
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