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Daina Beth Solomon

IKEA ramps up Mexico launch plans, targets capital and major cities

19 Mar 2019

MEXICO CITY IKEA is scouting Mexico's biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.

Walmart Mexico and union agree on wage hikes, avert strike

14 Mar 2019

MEXICO CITY Walmart de Mexico, Mexico's biggest retailer, has reached a deal with a union to raise worker salaries, both groups said on Thursday, heading off a possible strike and offering reassurance to businesses in the early months of a new government.

UPDATE 1-Femsa's Mexican Oxxo stores feel squeeze from cost of taking cash

28 Feb 2019

MEXICO CITY, Feb 28 Mexico's ubiquitous Oxxo stores, run by conglomerate Femsa, are grappling to control the escalating cost of accepting cash from the millions of Mexicans without bank accounts who rely on the chain for basic financial services, Femsa said on Thursday.

Profit at Mexico's Femsa jumps almost six-fold in fourth-quarter

27 Feb 2019

MEXICO CITY Mexican bottler and retailer Fomento Economico Mexicano reported an almost six-fold jump in fourth-quarter net profit on Wednesday, driven by more shopping at its vast Oxxo convenience store chain and growth in its fuel division.

Group of Walmart Mexico workers threatens strike for higher pay

26 Feb 2019

MEXICO CITY A union representing workers at Walmart Inc's Mexico unit said on Monday it would go on strike next month if it did not secure better pay and conditions for thousands of employees.

Group of Walmart Mexico workers threatens strike for higher pay

26 Feb 2019

MEXICO CITY, Feb 25 A union representing workers at Walmart Inc's Mexico unit said on Monday it would go on strike next month if it did not secure better pay and conditions for thousands of employees.

RPT-Star of Mexican film 'Roma' prompts raw discussion of race, class

24 Feb 2019

MEXICO CITY, Feb 23 The Oscar-nominated film "Roma," which chronicles the life of a young housekeeper in 1970s Mexico, has put an uneasy focus on the nation's sharp class, ethnic and racial divisions, leading to mixed reactions to the indigenous woman cast in the starring role.

Star of Mexican film 'Roma' prompts raw discussion of race, class

23 Feb 2019

MEXICO CITY The Oscar-nominated film "Roma," which chronicles the life of a young housekeeper in 1970s Mexico, has put an uneasy focus on the nation's sharp class, ethnic and racial divisions, leading to mixed reactions to the indigenous woman cast in the starring role.

'El Chapo' trial reveals drug lord's love life, business dealings

12 Feb 2019

A U.S. jury found Mexican drug lord Joaquin "El Chapo" Guzman guilty of running a criminal enterprise on Tuesday, after an 11-week trial in New York that put the infamous gangster's personal life and business dealings on public display.

'El Chapo' trial reveals drug lord's love life, business dealings

12 Feb 2019

A U.S. jury found Mexican drug lord Joaquin "El Chapo" Guzman guilty of running a criminal enterprise on Tuesday, after an 11-week trial in New York that put the infamous gangster's personal life and business dealings on public display.

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