Sentido Comun - BT Group, the company that seeks to rescue Mexicana Airlines, said American Airlines has joined its project to purchase what was the largest airline in the country to enable it to resume operations.
Bloomberg - General Motors Co. said Monday that it has promoted the head of its Mexican operations, Grace Lieblein, to run its unit in Brazil. Lieblein, 50, will be succeeded by Ernesto Hernandez, 53, a vice president at GM de Mexico.
Dow Jones - Mexico's stocks fell sharply Monday, tracking U.S. equities lower after Standard & Poor's changed to negative its outlook on U.S. government debt ratings. The market's IPC index fell 656 points to 36,332, a 1.8 percent decline.
Dow Jones--Mexico's biggest fixed-line phone company Telefonos de Mexico said Monday it reached agreement with the Mexican telephone workers' union to raise wages by 4.4 percent in negotiations carried amid an "especially critical" time for telecom.
Bloomberg - Alfa, Mexico’s second-largest industrial conglomerate, is lining up its second dollar bond sale of the year as the record rally in the peso drives down overseas financing costs for corporate borrowers.
Latin American Herald Tribune - A mechanical failure in a generator on a ship of Mexico’s Ocean Star Cruises on Saturday forced almost 650 passengers and crew to evacuate to Huatulco in southern Mexico, a company spokesman said.
Cableworld - Recently released WikiLeaks cables are shedding some light on attempts to fradulently obtain H-1B visas in places that don't get much attention for it - Mexico, Libya and Iceland.
CNN - At least 200 homes in the colony of San Isidro and La Providencia, in the state of Mexico, remained flooded Sunday because a crack in an area sewage canal caused water to overflow into the city. The crack was caused by heavy rains.