Business Mexico

  • NEW YORK-- Theravance Inc. said Tuesday it formed a partnership with Italian drugmaker Alfa Wassermann SpA to develop its gastrointestinal disorder drug velusetrag. Theravance said the companies will work together on mid-stage clinical testing of the drug.

  • Oct 2- Fitch Ratings has affirmed the' AA' Insurer Financial Strength ratings of Factory Mutual Insurance Company and its affiliates. The Rating Outlook is Stable.

  • NEW YORK, Oct 2- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, said he sees the U.S. going the way of Greece if it does not get its fiscal house in order.

  • MEXICO CITY-- The appearance of a life-size statue of Azerbaijan's "founder of the nation" on Mexico City's elegant Reforma Avenue, not far from Mahatma Gandhi, Abraham Lincoln and Mexico's national heroes, is raising eyebrows and protests.

  • Jim O'Neill:  How to Trade the New China

    Jim O'Neill, chairman at Goldman Sachs Asset Management, tells CNBC "We are in the early stages of China going to a quality China as opposed to quantity and the winners and losers are going to be pretty different."

  • Failed Obama Foreign Policy?

    Governor Romney blasted President Obama in a Wall Street Journal op-ed today, outlining his Mideast vision, and according to an Univision Report, there are more "Fast & Furious" guns linked to Mexican crimes, Rep. Peter King (R-NY), and Richard Williamson, former Ambassador to U.N. Security Council, provide perspective.

  • U.S.-traded shares of Argentine companies did particularly well, with telecom holding company Nortel Inversora gaining 7.7 percent to $11.10 and Petrobras Argentina, a subsidiary of Brazil's Petrobras adding 4.4 percent to its share price. The BNY Mellon index of leading Latin American ADRs gained 1.1 percent on the day.

  • The most popular motorsports series in Mexico will make its U.S. debut next season at Phoenix International Raceway. The NASCAR Toyota Series will run at Phoenix on March 1 in conjunction with the Sprint Cup, Nationwide and K&N West Series. NASCAR and PIR officials will hold a Tuesday news conference in Phoenix.

  • Oct 1- Torex Gold Resources Inc:. *Announces C $350 million bought deal financing. *Net proceeds of the offering will be used to fund development of the Morelos.

  • NEW YORK, Oct 1- U.S. manufacturing unexpectedly grew last month for the first time since May but euro zone factories suffered their worst quarter since early 2009 and China lost steam, suggesting the global economy faces hurdles as it tries to outrun recession.

  • TOKYO-- The fast aging of Japanese society is evident as soon as one lands at Tokyo's Narita airport and sees who is doing the cleaning. Having the world's highest percentage of older people is creating unique challenges for Japan, but a report released Monday by the U.N. Population Fund warns that they will not be unique for long.

  • MIAMI-- The Travel Channel has spent years telling stories about where people go, but now they're doing a show on how people get there. "Airport 24/ 7: Miami" offers viewers a behind-the-scenes look at what it takes to move more than 100,000 travelers each day through Miami International Airport.

  • Oct 1- The U.S. Supreme Court, back in session today after its summer recess, is expected to take up a closely watched case that could help it decide whether American judges are empowered to hear lawsuits over human rights atrocities abroad.

  • Stephanie Boyse

    We  have confidence in Mexico’s ability to perform to our financial and social expectations, creating high quality products, delivering value, and operating as a true extension of our North American business.

  • Shoppers pass a branch of the newly-branded Santander bank on Oxford Street, in central London, on January 11, 2010. Spanish banking giant Santander on Monday declared that it wants to become Britain's biggest bank, as it began rebranding its British operations with its own name. Chairman Emilio Botin said that the ambitious group "wants to be the number one bank in the UK" and may buy more assets from struggling rivals. Botin told a London press conference that the Madrid-based banking titan wo

    It was the right time for Spain’s Banco Santander to list its Mexican unit in both the U.S. and Mexico, Santander Mexico chief Marcos Martinez told CNBC’s “Squawk on the Street” after the listing on Wednesday.

  • Santander's Mexico Unit Celebrates IPO

    Marcos Martinez, Grupo Financiero Santander Mexico CEO, celebrates his company's IPO today on the NYSE, and discusses growth opportunities in emerging markets.

  • leo-schlesinger-200.jpg

    Mexico is not only in good shape to deal with a global downturn, but finally its growth prospects look bright.

  • Mexico City, Mexico

    With daily news reports of drug-related violence on the U.S.-Mexico border, our neighbor to the South may not be the first place most wealth managers think of in search for returns on investment. But in recent years, Mexican businesses have grown at an impressive pace, making the country a new destination for venture capital firms in search of returns.

  • 10-hot-real-estate-mexico-cabo-san-lucas.jpg

    While the U.S. real estate market is still struggling to rebound, things are picking up fast in Mexico. Here's where the action is.

  • Alvaro Rodriguez Arregui

    Global investors are finally taking note of the attractive opportunities generated by Mexican entrepreneurs and startups.