Special thanks to Nader Hayaux and Goebel for your trust and support in renewing your MexCC Patronship We are honoured and looking forward to keep strengthening our relationship and business community.
Enterprise Agility:
The Art of Moving an elephant.
by Belen Falcón from
How can a company keep moving and constantly evolve despite its size? The key lies in the ability to meet the challenges and seize the opportunities of global markets quickly and efficiently, in other words, ensuring Enterprise Agility.
The elephant is the world’s largest land animal, weighs 26,000 lbs and lives between 50 and 70 years. It is common to think about it a clumsy, slow and old animal, the antithesis of agility. However, despite their appearance, elephants are extremely intelligent animals, can run up to 40 km per hour, play music, paint and even learn to play sports; they are friendly, loyal and able to take care of others in times of crisis.
Just as elephants, despite the myriad of qualities, large corporations could be perceived by customers, suppliers and even the same collaborators, like giants difficult to move.
How can a company keep moving and constantly evolve despite its size? The key lies in the ability to meet the challenges and seize the opportunities of global markets quickly and efficiently, in other words, ensuring Enterprise Agility...
Mexico sold nearly $3bn of debt on Monday at record low rates, as emerging market portfolio managers seek to put billions of dollars that have flowed into the asset class to work.
Orders for the two-part US dollar bond deal surpassed $9bn as Mexico readied to refinance debts coming due early next year with lower cost paper, according to four people familiar with sale.
Appetising yields on emerging market debt have proven a hook for investors searching out income in a world with nearly $13tn of debt trading with a yield below zero... For complete article click here
Bloomberg
Mexico Rates Guru Who Forecast February Hike Has a Bold Call August 10, 2016.
With Mexico’s peso plunging in February, Rodolfo Navarrete told clients the central bank would do something unprecedented: raise interest rates between scheduled meetings.
The chief economist from Vector Casa de Bolsa, a brokerage based near the industrial city of Monterrey, was out on a limb. Wall Street firms like Goldman Sachs Group Inc. and JPMorgan Chase & Co.
Mexico's central bank held borrowing costs steady on Thursday, flagging weaker growth and warning that uncertainty around the U.S. presidential election might cause deeper peso losses that could fan inflation.
The Banco de Mexico left its key rate MXCBIR=ECI at 4.25 percent, as expected by all 17 analysts surveyed by Reuters last week, after a unanimous 50-basis-point hike in June to keep a weak peso from hitting consumer prices...
Financial Times Chinese laws prompt global business backlash August 11, 2016.
A coalition of some of the world's biggest business groups have called on China to revise a new cyber security law and insurance regulations, warning they represent a protectionist threat to growth that would further isolate China from the global digital economy.
The move comes amid growing concerns in Washington and other western capitals about both China-backed cyber attacks on foreign businesses and what they see as the increasing barriers being erected by Beijing to one of the world's...
Financial Times
A chocolate odyssey in Guatemala and Mexico August 12, 2016.
Just when you think the world has become hopelessly generic, you visit a place like Uaxactun, Guatemala, a largely ignored archaeological site, village and nature reserve where approximately 800 people live in 83,000 hectares, supporting themselves on such things as harvesting decorative palms and hunting tree turkeys.
Getting there is not easy. Early one morning I flew north from Guatemala City in a small plane in which the stewardess directed a heavy young man to change sides because the plane was listing...
Bloomberg UN’s $54 Billion Pension Fund in Power Struggle Over New Rules August 15, 2016
The United Nations needs some financial peacekeepers.
A dispute over whether new regulations governing the $54 billion UN Joint Staff Pension Fund will result in higher fees paid to outside bankers or modernize oversight of the 67-year-old trust has divided fund CEO Sergio Arvizu and union leaders, sparking accusations of mismanagement.
Lost in the fight is the fund’s performance: the account returned 5 percent the past decade, according to...
Financial Times Renewables jump 70 per cent in shift away from fossil fuels August 15, 2016.
The share of electricity that the world’s 20 major economies are generating from the sun and the wind has jumped by more than 70 per cent in the space of five years, new figures show.
In a sign of the shift away from fossil fuels that is starting to take hold in some regions, G20 countries collectively produced 8 per cent of their electricity from solar farms, wind parks and other green power stations in 2015...