The group also improved its past-due portfolio, whose percentage stood at 2.8% from 5.8% in the first quarter of last year. The company did not detail how much the purchases made through its consumer loans contribute to total sales. The company directed by Patrick Slim Domit reported an operating flow of 1,086 million pesos, a growth of 228.3% compared to the previous year, with a margin that improved from 3.2% to 8.0%. Along the same lines, the controlling net profit was 494 million pesos, from the loss of 196 million in the first quarter of last year. Grupo Sanborns said…
Author: Stanley Bowers
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Negotiation processes with Associated States, efforts made in each of the countries for the ratification of the free trade agreement with Singapore and the steps to follow for the process of negotiations with South Korea and accession with Ecuador were the topics that were discussed. at the meeting, reported the Ministry of Economy in a statement. Cooperation issues were also discussed and there were meetings with the business council of the Pacific Alliance and the Inter-American Development Bank (IDB), whose participation seeks to strengthen the integration process of the alliance. The meeting was attended by the vice ministers of commerce…
The case brings to light the problem of false confessions. It is difficult to estimate how many there are, but according to data from the Innocence Project, which fights judicial errors, of four people falsely convicted and exonerated thanks to DNA evidence, one had confessed to the crime. In homicide cases, the figure rises to 60%, according to Saul Kassin, a psychology professor at the John Jay College of Criminal Justice. And someone who, like Lucio, has experienced trauma and violence, is “less resilient, more likely to give in, has less tolerance for the stress of an interrogation,” and is…
Equilar’s estimate includes one year’s worth of Agrawal’s base salary plus accelerated vesting of all stock awards, a spokesman for the firm said, based on Musk’s offer price of $54.20 per share and terms. in the company’s recent proxy statement. Agrawal, formerly Twitter’s chief technology officer, was named chief executive in November. His total compensation for 2021 was $30.4 million, according to a Twitter statement, much of it in stock awards. Will Trump return to Twitter? Former US President Donald Trump said Monday that he will not return to the social media platform even if his account is reinstated, following…
And it was just on Friday, April 22, when the shares rebounded 8.17% after executives said that they will enter the data that Citi made available to those interested in buying Banamex assets. The price of Banorte papers is still far from the 160.93 pesos reached on March 18. Marcos Ramírez, CEO of Grupo Financiero Banorte, commented last week that the directors will meet in the following days to analyze the offer of Banamex assets. Regarding the proposal they made in March to invite Mexicans to help buy a little piece of Banamex, the director said that it was an…
But in Mexico, the scenario became more chaotic. From 52% we went to 74% of companies that are struggling to find the talent they require. And the most difficult positions to fill are those related to the digital and technological field. Despite the context, Caroline LemonDirector of Talent Acquisition LATAM in The Walt Disney Companyhad a very clear goal: to look for talent in the digital area to form a team that could bring smiles to the audience. “We have been present in Latin America for three decades. The regional hub is in Argentina and from there we expanded to…
The foregoing, assured Minister Piña, will lead to a violation of human rights and privacy since the State cannot guarantee the total protection of the database to avoid possible hacking or misuse of citizen information. Among the information that users were going to be obliged to deliver is: biometric data such as fingerprints, facial and iris recognition, Unique Population Registry Code (CURP), indicate if the line was contracted in the prepaid or postpaid mode and provide data on nationality if you are a foreigner. “The type of information passes directly into the possession of the State through the Federal Institute…
Elon Musk agreed to buy Twitter for $44 billion an operation that various media and even the market had already anticipated since before operations began on Wall Street. This news propelled Twitter shares more than 6% on the NYSE, where it has been listed since 2013, to $51.8 per share, its highest price since November. Investors will receive 54.20 for each Twitter share they own, the company said in a statement Monday. Twitter’s operations were suspended after the news, since the company is obliged to inform the market, and all its investors, of this type of operation. A little more…
The offer had not been welcomed Until a few days ago, Musk’s offer had not been well accepted within the Twitter board and he even began to mobilize to defend himself from the acquisition through a plan known as “poison pill”. This strategy “will reduce the likelihood of any entity, person or group gaining control of Twitter through open market accumulation without paying all shareholders an adequate control premium or giving the board of directors enough to make informed decisions.” ” and is activated if a shareholder exceeds 15% of the company’s shares without the authorization of the board. However,…
