The authority requires us $ 250 million to recapitalize the airline. SPECIAL Competence Federal Commission The mining giant is trying to buy all the shares of the Pacific airport group, operator of 12 airports in Mexico Mexico City (05/AGO/2011)-the Federal Competition Commission (CFC) authorized the operation group Mexico (GMéxico) start the negotiation to acquire up to 100% of the shares of the Group Aeroportuario del Pacifico (GAP). This is one of the issues which resolved the full of the anti-monopoly Agency, favourable to the request made by the mining giant, which since...

GAP, which operates from Guadalajara airport, opposes greater shareholder participation. The judgment will be contested They point out that judge supports a participation of more than 10% in the airport Consortium Mexico City (OCT/05/2011)-Mexico group said on Wednesday that achieved a favorable court ruling allowing it to hold a stake of more than 10% of the airport operator GAP, in the midst of a legal battle between the companies for a planned bid. A city judge considered that provisions of internal GAP statutes which prevent a shareholder owns more than 10 percent of the...

Yesterday, the free dollar ended unchanged on its previous close. FILE Price maximum dollar ends unchanged Lost 6 cents for sale The maximum contribution to the sale of the ticket was 12.90 pesos Mexico City (MAR/02/2012)-at the end of the Exchange day on banks in the country, the free dollar lost six cents, selling at 12.99 pesos per unit in branches of some border and tourist cities of the country. The purchase, the dollar advanced four cents to conclude at least 12.19 pesos in Bank Windows Moterrey, Reynosa, Ciudad Juarez and Tijuana, Mexicali. In exchange the greenback...

The Spanish airline Iberia pilots today convened 24 new days of strike. FILE Iberia canceled 107 flights by unions strike Cancela Iberia 153 flights by new pilots strike Iberia cancels more flights to Mexico by pilots strike These new paros joined the already made twelve The pilots decided to increase the days of strike, which began against the creation of the subsidiary of low cost, Iberia Express, decision where the company stands firm MADRID, Spain (02/MAR/2012)-the Spanish airline Iberia pilots convened today 24 new strike days during the months of March, April and may,...

The Aeropuertario group lived a blow following the bankruptcy of Mexican on August 28, 2011. FILE The GAP says that Mexicana has space in its airports GAP is dealer of 12 air terminals in the country Group Mexico and the National Commission of banking and securities, lodged an appeal for review with the ruling Mexico City (MAR/02/2012)-Grupo Aeroportuario Pacific (GAP), reported that it was notified by a federal court of last instance on the definitive suspension handed down in the trial of amparo the group filed in defense of its articles of Association. “This final...

The World Bank granted a loan to Mexico by 300.75 MDD, will be used to combat drought. FILE About 300.75 MDD will be destined to help affected by drought The Director of the World Bank for Mexico and Colombia, Gloria Grandolini, indicated that this institution recognizes the efforts of Mexico to promote a sustainable development Mexico City (MAR/02/2012)-the Secretariat of Social Development (Sedesol) announced that the World Bank granted a loan to Mexico by 300.75 million dollars to increase the adaptive capacity of individuals, communities and ecosystems against the effects of...

The BMV shows more points 293.98 variation with respect to the previous level. FILE He finished at 382.21 points This has been the best level of the stock market from January 2011 Mexico City (MAR/02/2012)-La bag Mexicana de Valores (BMV), closed today with a gain of 0.77 percent, driven by strong increases in the shares of Wal-Mart, Cemex and group Mexico, and after the signing of the governmental fiscal pact among 25 countries of the European Union. With this variation who represented 293.98 points more on the previous level, the index of Precios y Cotizaciones (IPC) ranked...

The Dow Jones dismissed 2.73 points to finish in 12 thousand 977.57 units. FILE New York Stock Exchange operates with light casualties The composite in the Nasdaq market index gave the 0.43% The Dow Jones industrial index of the New York Stock Exchange, fell 0.02 percent NEW YORK, USA (MAR/02/2012)-Wall Street closed today unchanged only in the absence of macroeconomic data in Malibu States Dow Jones of industrial, its main indicator, dropped a minimum 0.02% on a day in which surprised the successful debut on stock exchange of the portal of Yelp reviews. That index, which...

The risks & Standard Poor’s (S & P) rating agency downgraded the rating of the Finnish phone maker today. FILE S & P downgraded one notch the rating from “BBB” to “BBB-” In addition, maintained the negative perspective, that leaves open the possibility of a new discount if Nokia does not improve their profit margins HELSINKI, Finland (02/MAR/2012)-the risks & Standard Poor’s (S & P) rating agency downgraded today the qualification of the Finnish mobile phone maker Nokia by the fall of his profit margin, due mainly to the...

German Chancellor Angela Merkel (d), and the Danish Prime Minister, Helle Thorning Schmidt (i), signed the Pact. EFE The search for the successor to Juncker are responsible to Van Rompuy The Eurogroup avoids the definite yes to the Greek rescue although it notes progress Great Britain and Czech Republic are the only ones that did not signed the agreement The signature is a triumph for Germany, which pushed for the agreement to try to avoid a repetition of the uncontrolled spending that led to the crisis of debt Brussels, Belgium (02/MAR/2012)-all States members of the...

States may provide funds to strengthen its security structure. FILE Violence in Tamaulipas obliges to Red Cross modify collection path Found 10 bodies in Durango, seven of them decapitated States that require it may request them They will also provide advice to the entities to implement schemes of public-private partnership for the construction and operation of infrastructure in this area Mexico City (MAR/02/2012)-will the President Felipe Calderón issued in the next in the coming days a decree to ensure that the Secretariat of finance and public credit (SHCP) provided...

In February 2012, the producer confidence indicator (ICP) fell by 2.4 points over the same month of 2011. FILE See full document here (PDF) Falls 2.4 points over the same month of 2011 His monthly compared with desestacionalizadas figures of the producer confidence indicator rose 0.88 points last February with regard to the level of the immediately previous month Mexico City (MAR/02/2012)-in February 2012, the producer confidence indicator (ICP) fell 2.4 points over the same month of 2011, by placing it at 54.5 points against 56.9 points from the preceding period, reported the...

The World Bank granted a loan to Mexico by 300.75 MDD, will be used to combat drought. FILE About 300.75 MDD will be destined to help affected by drought The Director of the World Bank for Mexico and Colombia, Gloria Grandolini, indicated that this institution recognizes the efforts of Mexico to promote a sustainable development Mexico City (MAR/02/2012)-the Secretariat of Social Development (Sedesol) announced that the World Bank granted a loan to Mexico by 300.75 million dollars to increase the adaptive capacity of individuals, communities and ecosystems against the effects of...