Wal-Mart jettisons Vips restaurants
Wal-Mart de Mexico has finally sold its Vips chain of restaurants, a burden that financial analysts say was becoming a distraction from the retailer’s core business.
Wal-Mart de Mexico has finally sold its Vips chain of restaurants, a burden that financial analysts say was becoming a distraction from the retailer’s core business.
The government has scrapped controversial plans to apply valued-added taxes to food and medicine, President Enrique Peña Nieto revealed on Sunday, as he outlined his proposals for an overhaul of Mexico’s infertile tax system.
The U.S. National Security Agency (NSA) spied on the communications of Mexican President Enrique Pena Nieto while he was on the campaign trail in 2010, newspapers in Britain and Brazil have reported.
Father Miguel Hidalgo’s emotional 1810 “grito” exhorting Mexicans to take up arms against their Spanish masters will be reenacted in the main plazas of cities, towns and villages the length and breadth of Mexico, at 11 p.m. on Sunday, September 15.
The U.S. Department of State’s Bureau of Overseas Buildings Operations (OBO) has announced the names of three firms that have “pre qualified” to bid for the contract to construct the new U.S. embassy in Mexico City.
Joaquin “El Chapo” Guzman, the billionaire boss of the Sinaloa Federation, has proved an elusive figure since escaping from Jalisco’s maximum-security Puente Grande prison in 2001. Yet the Drug Enforcement Administration (DEA) knew his whereabouts “on any given day” in recent years and even drew up a plan for his assassination which was eventually rejected by the Barack Obama administration, according to leaked reports from Stratfor, a U.S.-based global intelligence firm.
Quebec-based circus arts company Cirque du Soleil will soon be performing its magic at a permanent theater/lounge on the Riviera Maya. According to Spanish-language daily Mural’s finance correspondent Barbara Anderson, the 20-million-dollar project will be underwritten by Cirque du Soleil and Grupo Vidanta, owners of the Mayan hotel chain.
Appraisers at the Nacional Monte de Piedad (National Pawnshop) have been busier than ever this year, according to Javier de la Calle, the non-profit institution’s general director.
Delivering his first state-of-the-union address (informe) Monday, President Enrique Peña Nieto urged Congress and the nation to back his series of structural reforms that he says will keep Mexico’s “grand transformation” on track.