Mexico
BIllionaire Carlos Slim's America Movil stock buybacks set to slow as acquisitions rise and earnings fall- report
As its acquisitions increase and earnings go down, billionaire Carlos Slim's mobile phone firm America Movil's record rate of stock repurchases could decrease, Bloomberg reported.
Retail chain Elektra to complete its takeover of Blockbuster Mexcio next week
Retail chain Grupo Elektra, controlled by Mexican billionaire Ricardo Salinas Pliego, is expected to close a deal to acquire video and video games sales and rental company Blockbuster Mexico next week.
Fed's taper could start reforms in emerging markets - report
Countries in emerging markets like Turkey and India should see the bright side of the tapering of the $85 billion-a-month money-printing program by the US Federal Reserve this month, according to a Reuters report.
Swiss food group Emmi invests in importer Mexideli
In a bid to generate sales outside the country, Switzerland-based dairy company Emmi has signed an agreement to buy half of Mexico-based cheese and fresh product exporter Mexideli for an undisclosed sum.