SAAM agrees purchase of joint operations with Boskalis in Brazil, Mexico, Canada and Panama

The multinational port services company SAAM S.A. closed an agreement with its…

EU rejects plan to merge Siemens and Alstom to create the largest European railway company

The European Commission has vetoed the merger between two major European rail…

Argentina Tenaris and Russian Severstal join to build US $240 million pipe plant in Siberia

Steel company Tenaris and Russia’s Severstal have formed a joint venture for…

Automotive industry, pillar for job creation in Puebla: Audi México

The automotive industry of Puebla is a very important pillar to boost…

Russian oil company Rosneft is optimistic about Venezuela and expects higher crude production in 2019

On Tuesday, Russia’s largest oil company Rosneft said that political turmoil in…

France fines General Electric with 50 million for creating 25 jobs out of 1,000 promised

The Government of France has imposed a fine of 50 million euros…

Owner of tequila Don Julio registered a 9% growth in sales

During the last six months of last year, sales of the Diageo…

Louis Vuitton alleviates fears about Chinese demand for luxury goods

LVMH alleviated fears that an economic slowdown in China would affect luxury…

Citgo Petroleum, subsidiary of PDVSA in the United States, denies bankruptcy report

On Thursday, Citgo Petroleum Corp, owned by Venezuela’s state oil company PDVSA,…

EcuaCorriente will disburse US $15 million in royalties for mining project in Ecuador

In February, the Chinese company EcuaCorriente S.A. (ECSA) will make an outlay…

Alsea closes the purchase of Starbucks in France

Alsea, the Mexican giant who owns the Zena group (Foster’s Hollywood and…

US electric Sempra will sell stakes in companies in Chile and Peru

US power company Sempra Energy is selling all of its stakes in…

Mexicana Interjet signs alliance with Air Canada for greater connectivity

Mexican airline Interjet has signed a bilateral interlinear alliance with Air Canada,…