September 2012
Lower house approves diluted version of labor reform
Reuters - Mexico's lower house of Congress, in a show of cooperation between the outgoing and incoming administrations, on Friday gave provisional approval to a bill that would mark the biggest shake-up of the country's labor market in four decades.
www.reuters.com/article/2012/09/28/us-mexico-reform-idUSBRE88R1K520120928
Banco Santander stock rises 6% in debut
NYT - The Mexican unit of Banco Santander rose 6 percent on its first day of trading to close at $12.91, amid a choppy environment for initial public offerings. The firm was the third-largest IPO this year, after Facebook and Japan Airlines.
dealbook.nytimes.com/2012/09/26/mexico-unit-of-banco-santander-rises-slightly-in-debut/
4 reason why Mexico might win FIFA World Cup
Bleacher Report - Mexico has always been one of the more talented teams in world football and should be considered as a legitimate contender for the FIFA 2014 World Cup in Brazil. Here are four reasons why.
Nissan sees Mexico 2012 production rising 20-25 percent
Reuters - The Mexican unit of Japanese carmaker Nissan Motor Co expects its 2012 vehicle production to rise by 20 percent to 25 percent, director Jose Luis Valls said. Nissan produced 607,087 units in Mexico last year.
in.reuters.com/article/2012/09/27/us-nissan-mexico-idINBRE88Q1D820120927
Mexico plans to auction segregated inflation bonds
Dow Jones - The Mexican government plans to begin selling segregated inflation-linked bonds in the fourth quarter, so that investors can buy and trade separately the interest payments on the long-term securities and better manage their portfolios.
U.S., Mexico officials meet to improve trade
Latin American Herald Tribune - More than 250 government officials and business leaders from the United States and Mexico gathered for a three-day conference in Washington to highlight the critical role of bilateral trade.
Upsets give life to revived Copa MX
Goal.com - The electric match between Club Tijuana and Correcaminos, which ended with a victory for the Ascenso MX side, garnered plenty of attention of the best kind for the Copa MX, just when Mexico’s newly resuscitated cup tournament most needed it.
Archdiocese calls for passage of labor reform measure
Catholic News Service - The Mexico City Archdiocese called on the country's Congress to approve an overhaul of labor laws that would require unions to open their books and elect leaders through secret ballot votes.
JW Marriott to open luxury resort in Cabo San Lucas
eTN - Marriott International's JW Marriott Hotels & Resorts plans to open a new 300-room JW Marriott Hotel in Cabo San Lucas in 2015. The JW Marriott will be part of the 2,000-acre master-planned community of Puerto Los Cabos.
www.eturbonews.com/31390/jw-marriott-brand-open-luxury-resort-los-cabos-mexico
Nafta surface trade rises 4.6 percent in July
TruckingInfo - Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 4.6 percent higher in July 2012 than in July 2011, totaling $75.7 billion.
