Gazit-Globe hits 5 percent stake in Brazil's BR Malls

Israel's Gazit-Globe, a global real estate firm focused on shopping centers in urban markets, recently grew its stake in BR Malls, the leading shopping center company in Brazil, to 5.16 percent. The investment was made through a wholly owned subsidiary active in Brazil. BR Malls’ portfolio includes 46 shopping centers that contain 1.65 million m2 of GLA and 966 thousand m2 of owned GLA. Read More »

Mexus Gold to begin drilling at Julio/Martha Elena property

Mexus Gold US and Argonaut Gold have been granted a permit by SEMPRAS to commence drilling at the Julio/Martha Elena property in Mexico. Mexus is currently building roads and drill pads on behalf of Argonaut after drill results showed a high-grade, multi-vein system on the land. The Julio/Martha Elena property is one of the biggest open pit mines in the world. Read More »

Latin American megatrends: urbanization, middle class growth, richer women

Over the next decade, Latin America will see an increase in urbanization and a growing middle class, in addition to more purchasing power for women, a recent study on megatrends by Frost & Sullivan predicted. The full study will be published in November ahead of Frost & Sullivan's conference on Growth, Innovation and Leadership to be held in early December in Miami, Florida. Read More »

Interactive Financial Exchange Forum gets 2 new members

Management standards company GS1 Colombia/LOGYCA and Cloud applications provider Oracle are the newest corporate members of the Interactive Financial eXchange (IFX) Forum. Promoting their interoperable standard for financial data exchange, the IFX Forum's members and subscribers are based in 17 countries on five continents. IFX is available at no charge to its members. Read More »

Terra partners with Natcom to publish video content

From Oct. 15, Terra's website has been featuring video content from Natcom on topics including nutrition, cooking, fitness, parenting, relationships, healthy beauty, disease prevention and mental wellness. The content targets an audience of 18 to 45 year olds. Natcom's featured content brands will include KnowMore in both English and Spanish, HealthDayTV en Espanol and EFE Tech. Read More »

Alterra delays drilling campaign in Chile

Alterra Power Corp.'s drilling campaign for the Mariposa geothermal project in Chile was recently rescheduled for late 2016, after initially being scheduled to begin in October. As the managing partner for the joint venture, the Energy Development Corporation (EDC) decided to postpone the drilling due to low commodity prices that could negatively impact near-term project economics. Read More »

Rethink Robotics announces distribution partnership in Mexico

Rethink Robotics has established a distribution agreement for both the Sawyer and Baxter robots with Nexon Automation and InterLatin. The association is part of Rethink's growth plan that seeks to create distribution partnerships aiming to expand their presence in other countries. By implementing flexible automation, the robots help companies improve the production process. Read More »

GKN celebrates new facility in Mexico

Automotive driveline components and systems supplier GKN Driveline celebrated the opening of its new facility in Villagra, Mexico, Thursday. The 12,000 square-metre site is expected to be completed in April 2016 and will service Mexico's automotive sector by producing 1 million prop-shafts yearly as well as offering a painting line and Constant Velocity Joint machining facilities. Read More »

Automotive logistics conference to be held in Sao Paulo

The Automotive Logistics South America Conference will be held at the Renaissance Hotel in Sao Paulo, Brazil, Nov. 3. The event, which promotes short- and long-term solutions for the automotive field, is an opportunity for industry buyers and suppliers to network. The conference will bring together original equipment manufacturers and logistics service providers. Read More »

Elara Comunicaciones to provide data services in Mexico through Eutelsat Americas agreement

Elara Comunicaciones increased its capacity on the Eutelsat Communications fleet through an agreement with Eutelsat Americas Wednesday. The agreement will allow Elara to provide data services in Mexico and across Latin America. Elara and Eutelsat Americas have worked together before. With this new agreement, Eutelsat will become Elara’s No. 1 supplier of satellite capacity. Read More »