BBVA Bancomer, Planet Payment sign business deal

Planet Payment, Inc., and Mexican financial institution BBVA Bancomer said they recently reached a deal to process payments for BBVA business customers using Planet Payment’s solutions. The agreement will allow both parties to process payments in different currencies as well as allow BBVA customers to use the integrated payments solution being launched by Planet Payment. Read More »

Vitacon to open new compact living complex in San Paulo

Vitacon plans to launch a customized apartment complex in Sao Paulo later this month that features units as small as 151 square feet but with optimized living solutions. The Vita Bom Retiro complex is meant to showcase how living comfortably in a small space is possible. The new complex will have dual-use rooms in each apartment, as well as shared-use facilities. Read More »

Omnicom acquires Brazil ad, marketing firm Grupo ABC

Omnicom Group said Monday its DDB Worldwide division has acquired Grupo ABC, the largest marketing communications and advertising company in Brazil. Grupo ABC owns DM9 among other advertising and marketing agencies. "Grupo ABC is widely acknowledged as an outstanding company with impressive creative work and expertise," Omnicom Group President and CEO John Wren said. Read More »

Canadian Solar to build three photovoltaic projects in Brazil

Canadian Solar, Inc., said it will be building three photovoltaic projects in Minas Gerais, Brazil. The three projects awarded to Canadian Solar will total approximately 110 megawatts in Pirapora. Power from the solar panels will be sold to Camara de Comercializacao de Energia Eletrica under a 20-year agreement. The projects are scheduled to start full operation in late 2018. Read More »

Swisslog opens Mexico office to aid Latin America expansion

Swisslog said Monday it has opened a new office in Tlalnepantla, Mexico, to expand its automated logistics services to Latin America and Mexico customers. "Swisslog has already delivered solutions to one of Mexico's largest retailers and now with our local office we can make a full-time commitment to the region,” Swisslog Americas Senior Vice President Markus Schmidt said. Read More »

Travelucion's revenues increase as American-Cuban tensions ease

Travelucion’s revenue has increased 318 percent for October due to America's shift in its Cuban foreign policy. MPH Ventures Corp., which owns Travelucion, has seen its revenue increase on its CAD in the last year: in 2014, its CAD revenue was $43,755 compared to $183,062 in 2015. The revenue continues to increase since tourists have a newfound interest in Cuba. Read More »

FIBRA Macquarie Mexico acquires 2 land projects

Two large industrial land projects were acquired by FIBRA Macquarie Mexico, after an agreement was met to purchase the properties in Ciudad Juarez. The two projects and associated land cover about 380,000 square feet and were purchased for $21.7 million in Mexico. FIBRA Macquarie could expect to get $1.8 million in revenue. The sale of the property is expected to close in 2016. Read More »

Mercer looks to acquire GAMA Consultores Associados

Health consulting company Mercer is attempting to acquire Brazilian retirement consulting firm GAMA Consultores Associados. “Growth in the Brazilian market is part of our aim to bring innovative and market-leading solutions to clients everywhere they operate,” David Anderson, president, Growth Markets Region for Mercer, said. Both companies are set to benefit from the deal. Read More »

Aeromexico to offer weekly flights to Santo Domingo

Aeromexico will offer four non-stop flights a week from Mexico City to Santo Domingo beginning next March. Santo Domingo will be the 16th location that the airline will offer in Latin America. The new flight will reduce the flight time between the cities as well as reduce connection times to other large American and Mexican cities. Aeromexico will use the Embraer 190 plane. Read More »

Positive silver samples found in Nogalera Zone of La Cigarra project

The sampling site at the La Cigarra Silver Project in the Chihuahua State of Mexico is one of many close to the NI 43-101 silver resource. Northair is sampling rocks in the area as well as mapping regions that could contain gold and silver deposits before beginning to drill. Plans call for sampling an area of 722 feet wide and 1,558 feet long for potential drilling targets. Read More »

Mobi724 Global Solutions partners with Movistar

Montreal-based Mobi724 Global Solutions’ subsidiary, Mobi724 SRL, has entered an agreement with Spanish mobile phone operator Movistar, operating across most of Latin America, for Mobi724 to create and manage Movistar’s customer discount and rewards program. Mobi724 is a digital incentive and payment technology provider in the digital incentives, couponing and payment sector. Read More »