By Lauren Villagran / Smart Planet
Softek, Mexico's biggest technology services company, spans four continents and provides software support to a client base that includes Fortune 500 companies.
EFE - Mexico plans to launch a nearly six-ton Centenario satellite, the second in the state-owned Mexsat system, in the first half of 2014. The U.S.-made satellite is part of the Geomovil family from Boeing and will go into orbit above the equator.
Bloomberg - Mexico is proving to be one of the least-vulnerable countries to an increase in global interest rates by boosting the average maturity of its bonds to the highest of Latin America’s biggest economies.
Forbes - Although some residents worry that the recent increase of violent incidents that appear connected to organized crime could undermine Mexico’s City’s success story, many analysts continue to view Mexico City as relatively safe.
Reuters - Spanish oil company Repsol and China's Sinopec are among the 16 energy firms and consortia that have qualified for next month's auction of six blocks in Mexico's Chicontepec basin, state-run oil monopoly Pemex said on Tuesday.
CBSLA.com — A former USC professor listed on the FBI’s Ten Most Wanted List was arrested near Playa del Carmen Tuesday evening. Walter Lee Williams, 64, is charged with sexual exploitation of children and other sex crimes.
CNN - The headquarters of Mexico's state oil was evacuated Tuesday night - but it turned out to be a false alarm, the company said. In February, a deadly explosion at Pemex headquarters killed at least 37 people.
www.cnn.com/2013/06/18/world/americas/mexico-pemex-incident/
Bloomberg - Mexico’s peso fell for a third day as mounting concern that Federal Reserve policy makers will signal this week that they’re preparing to scale back monetary stimulus damps demand for emerging-market assets. The peso fell to 12.8958.
Bloomberg - Mexico’s economic growth will quicken as the government increases spending in the second half of the year, Finance Minister Luis Videgaray said. The economy grew at the slowest pace in more than three years in the first quarter.
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EFE - A National Democratic Left movement leader in the southern Mexican state of Oaxaca has been missing since last weekend, the political party said Tuesday. Nicolas Estrada Merino went missing on Saturday. His burned vehicle was found Monday.
Sentido Comun - Banco Nacional de Mexico, or Banamex said it will offer a loan package with lower interest rates to small and medium construction companies after establishing a partnership with the Mexican Chamber of the Construction Industry.
Sentido Comun - Grupo Aeroportuario Centro Norte. or OMA, said service began June 12 between Zacatecas and Dallas/Fort Worth on American Airlines on Mondays, Wednesdays and Saturdays.
Sentido Comun - Kuo Group, an industrial group with interests in auto parts, chemicals and consumer goods, sold a 60 percent interest in Negro de Humo to its partner Cabot International Capital Corp. to re-focus on its core business or develop new ones.
Sentido Comun - Fibra Uno, a real estate trust, maintained its pace of acquisitions in recent months, including a binding agreement to purchase 3.796 billion pesos ($298.9 million) for a portfolio of 10 properties, including a Hilton in Mexico City.
AP - Forecasters say a tropical depression is expected to bring at least three to five inches of rain to parts of Guatemala, Belize, Honduras and southern Mexico. The center said the depression, once it crosses land in Mexico, could strengthen Wednesday.
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LAT - Things are looking up for tourism in Mazatlan. The Pacific Coast resort has long been a favorite with American tourists. Mexico’s ongoing drug war, however, caused concern. But recent changes have quieted fears.
Fifa.com - Brazil and Mexico begin Matchday 2 in Group A of the FIFA Confederations Cup Brazil 2013 when they meet in Fortaleza. After Sunday’s defeat to Italy, Javier Hernandez and his team-mates cannot afford another slip-up.
Reuters - Mexican telecommunications company Maxcom, which provides phone, Internet and television services, said that it was seeking to negotiate new capital and a restructuring through a so-called prepackaged bankruptcy process in U.S. courts.
Dow Jones - They are known in Mexico as "Juniors" — the sons and daughters of the country's elite, young people whose love of brand names is surpassed only by their sense of entitlement. For the first time, though, Mexico's Juniors are coming under fire.
Reuters - Mexico's economy should accelerate in the second quarter as solid growth in the auto industry boosts its manufacturing sector, the country's finance minister said on Monday. Annual economic growth slowed to just 0.8 percent in the first quarter.
EFE - Queretaro Gov. Jose Calzada said he plans to discuss seven aviation investment projects worth $150 million with companies during the 2013 Paris Air Show. The firms include Bomardier and Eurocopter, which already have operations in the state.
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