Monthly archive March, 2012
The highest-paid fund manager
The hedge fund manager who earned more income in 2011 basically won the equivalent of seven times the jackpot of 540 million dollars (md) lottery currently offers ‘Mega Millions’. The reward that Ray Dalio of Bridgewater Associates received for their bets on the market amounted to 3.900 million dollars, according to the AR list of...
Discrimination limits the gay market
Mexico City – The main problem facing the gay and lesbian market , also known as pink, is discrimination, so advancing education is needed in this area, said the businessman Fernando Carbajal. At the “gay market: a new corporate vision” given at the Autonomous Technological Institute of Mexico, noted that part of Mexican society still...
Start Building Honda Plant
President Felipe Calderon Hinojosa and the Honda company, on Wednesday laid the foundation stone of the new plant that builds the company in Celaya, Guanajuato. The event was headed by the president and Takanobu Ito, CEO of Honda Motor. The president said that in recent years the country has received 12.000 billion of foreign direct...
Nissan accelerates in Brazil
Exports from Mexico unit of Japanese automaker Nissan to Brazil would be reduced “significantly” after the countries agreed in mid to limit their bilateral trade of light vehicles over a period of three years, said its CEO José Muñoz. The manager warned that because of these changes, Global Nissan decided to accelerate the investment of...
Top of bonds does not affect Morgan Stanley
Apparently, receivinga check for $ 125,000 bonus is not as daunting as it might seem to some on Wall Street. James Gorman, the CEO of Morgan Stanley, said in a series of breakfasts of Fortune, that his company has only lost two senior employees that established the $ 25,000 cap the year-end bonuses in cash...
Spain Prepares for General Strike
MADRID, Spain – The air, rail, and bus will be severely restricted in Spain due to a general strike next week by the main unions in the country to protest high unemployment and changes to labor laws that cheapen the cost of redundancies. The unions, representing one in five workers, and the Spanish government agreed...
Tax Cap Slows Pemex Finance
MEXICO CITY – Petroleos Mexicanos (Pemex) reported a loss of 88.400 billion pesos for the cap imposed by the Ministry of Finance when deducting production costs, labor or raw material. This impact is greater than that of labor liabilities or LP gas subsidy for 2011. “If it costs $ 20 Pemex produce a barrel, but...
Su Casita Mortgages
MEXICO CITY - Su Casita Mortgage seeks to build a new business plan to gain access to credit lines of the Federal Mortgage Society (SHF), and resume operation with this funding and remain a going , sources of the company. “An analysis of alternatives that could enable Su Casita to remain on the market. However, we...
Tips for Financing Your Graduate School
Studying a master’s degree is not a mission impossible, but it is an arduous task for many Mexicans. According to the latest figures from the Ministry of Public Education in Mexico only seven of every 100 college conducted a master , or doctorate degree. There are various financing alternatives to meet the costs involved in...
EU-Russia Trade Barriers Break
Last week in Congress, senators debated the merits of lifting the trade sanctions imposed against the Cold War Mother Russia. Many U.S. companies are eager to see this happen. It is widely expected trade barriers fall this year. And when they do, it will be something clearly positive for U.S. trade. The decrepit and inefficient...
Latin America Could Grow in 2012, Depends on Europe & China
Latin America would grow 3.6% in 2012 if Europe avoid a crisis and China, the vacuum of raw materials exported by the region, is slowing moderately, said Sunday the Inter-American Development Bank (IDB). Brazil and Mexico, the main Latin American economies grow close to the estimated average and below the 5.4% of the region over...
A Clash of Cultures’ at Goldman Sachs
Long before Goldman received the nickname “vampire squid”, it was assumed that he could “take your eyes” to their customers in order to make money. And if there was any doubt, almost two years, the case of Abacus Securities and Exchange Commission against Goldman made it clear that the company has no qualms about sacrificing...
