HNGN - Motorola announced a partnership with Ferrari to offer a newly designed Moto G smartphone for sports car enthusiasts. The special version of the phone will initially hit the stores only in Mexico.
NYT - Citigroup disclosed on Wednesday that it had fired a total of 12 employees in Mexico, including some senior executives, in connection with a $400 million fraud involving a Mexican oil services company.
Forbes -Retail giant Wal-Mart struggled through most of fiscal 2014. However, the U.S. and Mexican economies have shown signs of recovery with promising growth in retail sales.
Reuters - Wal-Mart Stores Inc should face a U.S. lawsuit accusing it of defrauding shareholders by concealing suspected corruption at its Mexico operations, a federal judge in Arkansas said.
CBC - BRP Inc., the former recreational products division of Bombardier Inc. that makes Ski-Doos and off-road vehicles, says it will invest $55 million to build a third manufacturing plant in Ciudad Juarez, Mexico.
MailOnline - Alliance Boots, fronted by billionaire entrepreneur Stefano Pessina, has announced it is buying pharmacy chains in Mexico and Chile after long eyeing expansion in emerging markets.
Reuters - Mexican restaurant operator Alsea said on Monday it received regulatory approval to purchase retailer Walmex's Vips restaurant chain, with the deal set to be finalized in the coming days.
Reuters - Goldcorp Inc has resumed operations at its Los Filos mine in Mexico after reaching a new five-year occupancy agreement with local landowners, the company said on Monday.
Reuters - Mexican state-run oil company Pemex is preparing to sell its 9.3 percent stake in Spain's Repsol, according to a media report on Monday, after the appointment of a new chief executive further soured relations between the two firms.
Reuters - Mexican mining company Industrias Penoles on Wednesday said its profit in the first quarter fell 42 percent from the same period last year as sales sank due to lower metals prices.