A new, increasingly business-minded Cuba is emerging. Miguel Angel Morales Menendez was born in 1974. By then his grandfather, Ramon Menendez, had lost the business that made him a personal fortune. After he arrived in Havana in the early half of the 20th century from his native Asturias in Spain, Ramon Menendez launched a mom-and-pop [...]
Asian corporations from Beijing to Seoul have been snapping up Latin America commodity plays “like popcorn at the movies,” says one regional executive.
As bank branches became more physically impregnable, criminals turned to technology to perpetuate thefts and fraud. Financial institutions need a comprehensive system to address threats, from the outside and within, security experts counsel.
Natural disasters are ever-present threats, but few Mexicans bother to insure their homes and belongings MEXICO CITY -— It may be the national tendency toward fatalism. Or perhaps the impact of economic dislocations and devaluations over the years that historically made long-term planning difficult. But Mexicans are reluctant to safeguard their property through insurance, despite [...]
Fewer companies came to the table in 2009 as the economy made deal-making harder to digest for some. Even telecommunication tycoon Carlos Slim’s appetite waned. But the deals that did go down were intriguing and foreshadowed what may lie ahead.