Posts tagged as: mexico

Wal-Mart allegedly involved in Mexican-bribery scandal, case under Department of Justice consideration – Part 1

Wal-Mart, the biggest corporate entity in the US in consumer business, is about to come under tight scrutiny of the US Department of Justice. The company has been accused of alleged bribery in the Mexican division, in a US-based newspaper article. The DOJ has been urged to take a notice of the situation under Foreign […]

Wal-Mart allegedly involved in Mexican-bribery scandal, case under Department of Justice consideration – Part 2

There have been 150 cases handled by the Federal Bureau of Investigation, FBI, in the recent years. Many companies have taken the plea bargains and deferment of cases after agreements with the prosecutors. In the recent example, Siemens had to pay in the tune of $3 Billion of violation of FCPA. In addition, DOJ promotes […]

Juan Manuel Marquez wants Manny Pacquiao again in Mexico

Juan Manuel Marquez last Saturday secured a unanimous win over Sergey Fedchenko in the Mexico City to become the new World Boxing Organisation (WBO) interim junior welterweight champion. However, he is still looking for a fourth fight with the eight-division world champion and the current WBO Welterweight Champion, Manny Pacquiao. “I hope to get news […]

Slim provides technology and resources to the Mexican Red Cross

Slim provides technology and resources to the Mexican Red Cross Mexico City. – The Mexican businessman Carlos Slim, the richest person in the world according to Forbes, established an agreement to provide economic and technological support to the Mexican Red Cross, said the president of the humanitarian organization, Daniel Goñi. The manager of the Red […]

Cooperation to explore gas and oil reserves; US and Mexico sign transboundary hydrocarbons Agreement

Cooperation to explore gas and oil reserves; US and Mexico sign transboundary hydrocarbons Agreement The United States and Mexico today signed an agreement concerning the development of oil and gas reservoirs that cross the international maritime boundary between the two countries in the Gulf of Mexico. The Agreement is designed to enhance energy security in […]

Small diversified businesses that made their way to success – Part 1

Different minds provide different ideas and different insights to different regions of the world. The diversified work pool is a great feature of a company when it comes to invention and innovation but it has its highs and lows. With advantages come disadvantages and diversified workforce has its own challenges to cater to. There are […]

Small diversified businesses that made their way to success – Part 2

OncoMed Pharmaceuticals, based in Redwood City, California, focuses on medical breakthroughs that “target the pathways critical to cancer stem cells.” According to Paul J. Hastings, President and CEO of OncoMed Pharmaceuticals, the company’s founders were native-born as well as its most important patent holder/drug discoverer (Austin Gurney). Four foreign nationals are listed on company patents. […]

Small diversified businesses that made their way to success – Part 3

While it is often large companies cited in media accounts supporting liberalized immigration rules for highly-skilled foreign nationals, Lekacz points out that hiring the right person can be even more critical for newer companies.  “When in the emerging growth phase you have to get the best person without regard to race or ethnicity,” he said. […]

Small diversified businesses that made their way to success – Part 4

RGB Networks, started in 2003 by Canadian-born Edward Krause and American-born Peter Monta and Adam Tom, delivers high quality video service for consumers via telecom, cable and satellite companies.  The company employs 175 people, led by British-born CEO Jef Graham. This is the third startup company led by Graham. The company’s vice president of marketing […]

6.5 magnitude earthquake shook Mexico, killing two people

6.5 magnitude earthquake shook Mexico, killing two people A 25-year-old man was killed when a rock fell on a small van on the Mexico City-Acapulco highway, a spokesman for emergency services in southwestern Guerrero state said. "I was dreadfully afraid, I thought it was never going to end," said Laura Gonzalez, who was drinking in […]

Charley Varrick: A Crime Thriller

Charley Varrick is a sensational crime thriller based on robbery and a must watch for all suspense lovers. It involves bank robbery in a small town, but, was this robbery worth performing, will be revealed when the film reaches its climax. The film has been directed by Don Siegel and the main cast includes Charles […]

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