Sentido Comun - Infonavit has devised an index that seeks to measure the satisfaction of workers with the homes they have purchased. The index will measure the work the 38 companies that develop houses for the agency. In the first survey, Ivory Developments received the best rating, while ECE Construction & Real Estate received the worst.
Sentido Comun - Enel Green Power signed an agreement with Renewable Energy SoWiTec Mexico to develop wind power plant projects in Sonora, Coahuila, Aguascalientes, Tamaulipas and Veracruz that will have a total power generation capacity of 1,000 megawatts.
Sentido Comun - The computer sales company IBM announced an investment of $20 million to increase its manufacturing capacity at its Technology Campus Guadalajara. The resources are intended to boost the yield of its XIV data storage device.
Dow Jones - Mexican microfinance bank Banco Compartamos said Thursday that chief financial officer Fernando Alvarez Toca will take over as chief executive starting Jan. 1 of next year. Compartamos ranks as the largest microfinance lender in Mexico, with more than 7 billion pesos ($554.7 million) in loans.
Reuters - Mexican police freed 107 people on Thursday who were imprisoned and forced to work in a clandestine factory in the capital. Police raided the factory, where mostly indigenous people from southern Mexico and drug and alcohol addicts rounded up from the streets, after the complaint of a worker who had escaped from the facility.
Reuters - Mexican consumer confidence likely crept higher in November, according to a Reuters poll, as anxiety over the battered economy begins to subside. The median forecast of a survey of 10 economists points to a slight increase in the monthly index to 79.0 last month from 77.0 in October - a record low.
Dow Jones - Mexican retailers face a chilly holiday shopping season as a recession and unemployment dampen consumer spending, according to analysts. "We expect weak sales for the majority of publicly traded retailers," Citigroup Inc.'s Banamex unit said in a report.
Sentido Comun - Carso Infrastructure and Construction, a subsidiary of Mexico's largest industrial group, Grupo Carso, won a contract for $492 million to widen 31.5 kilometers of road between Tenango and Ixtapan de la Sal from two to four lanes.
Sentido Comun - Hir Casa, a specialized financial intermediary, said it will end this year with more than 12,000 active contracts. The figure represents an increase of 4.35 percent compared with 2008. Sales rose 16 percent over the previous year.
Maquila Portal - The French company Manoir Aerospace is inaugurating a $10 million plant in the city of Chihuahua that will manufacture parts for turbines and aircraft braking systems. About 40 jobs will be generated for technicians.