With a closer look, however, it appears that big cane refiners – including the maker of household brand Domino Sugar – might be the biggest losers because the deal could choke off imports of raw sugar from Mexico, cutting critical feedstock. The pact setting quotas and prices on Mexican sugar imports for the first time...Read More

Scotiabank Inverlat, S.A. (Scotiabank Mexico), one of the leading financial groups in Mexico and member of the Scotiabank Group, together with Planet Payment, Inc., a leading provider of international and multi-currency payment processing services, today announced a strategic alliance to improve the efficiency and profitability of the Scotiabank Mexico ATM network and provide a better...Read More

The modernization of public transportation in Puerto Vallarta has been a long-standing demand by residents that will benefit users, but also the tourist image of Puerto Vallarta, says Andrés González Palomera, a representative for the Jalisco Secretary of Transportation. González held a press conference last week stating that Puerto Vallarta will be a pioneer on...Read More

Mexico’s retail association ANTAD will miss its 2014 sales target as the economy sputters, the president of the group said on Tuesday. The group, which includes department stores and major chains such as Wal-Mart de Mexico and Soriana , posted a combined same-store sales increase of 0.6 percent through October, compared with a target of...Read More

Three-times presidential candidate Cuauhtemoc Cardenas said the opposition Party of the Democratic Revolution (PRD), which finished runner-up in Mexico’s last two presidential elections, had lost its moral authority and needed urgent reform. In an open letter published by his office, Cardenas, 80, said the PRD was “on the verge of dissolving, or ending up as...Read More

The sovereign, rated A3/BBB+/BBB+, has set initial price thoughts of 150bp area over US Treasuries for the new issue, which will have benchmark size. Goldman Sachs and JP Morgan are the bookrunners on the transaction, which is expected to launch and price on Tuesday. An international bond is a type of long-term debt security that...Read More

The Puerto Vallarta/Highland Park Sister Cities Committee organized the seminars, which took place at the Puerto Vallarta Police Academy and the Law School at the University of Guadalajara in Puerto Vallarta. Retired Cook County Judge David Delgado, police officer Rafael Guerrero, and attorney Richard Wolfe, who is also the Vice President of the Highland Park...Read More