Mexico: the Host of the Next G-20 Summit in 2012

In June 2012, world leaders will convene in Los Cabos, Mexico to discuss measures to promote the financial stability of the world and how to achieve sustainable economic growth and development at the G-20 Summit. This meeting marks the first time in history that a Latin American country is hosting the summit, an event that brings together top Finance Ministers and Central Bank Governors every year.  

Mexico Stock Exchange Update

Today the Mexican "Bolsa de Valores" or Stock Exchange is up by 0.225 percent so far.

Mexico Trading: Banorte, Alfa, Pemex Experience Positive Growth

Mexico trading: the following companies experienced positive changes yesterday:

• Grupo Financiero Banorte (GFNORTEO MM), the nation’s third largest bank in terms of outstanding loans, gained 0.8 percent to 42.64 pesos.

• Alfa SAB (ALFAA) , the world’s largest producer of aluminum engine heads, gained 1 percent to 153.5 pesos. 

• Cemex SAB (CEMEXCPO MM), America’s largest cement maker, advanced 0.4 percent to 7.48 pesos. The index, released by the U.S. Commerce Department, rose 0.8 percent in October.

Wingstop Signs Agreement to Open 120 Restaurants in Mexico

Based on the success of its stores in Mexico City, Wingstop announced today that the company will add an impressive 120 restaurants across Mexico over the next seven years, thanks to a master franchise agreement with WIS Master S.A. de C.V. Franchise owners Antonio Ortiz Dominguez, Jose Francisco Cantu Quintero and Jose Luis Serrato Villegas opened 10 Wingstop locations in Mexico City over the last two years as part of an original multi-unit franchise agreement.