Random, the The main operator company of toll roads in central Mexico, obtained a definitive favorable ruling in the dispute that it has had for more than five years with the vehicle capacity measurement company, Tecnología Aplicada Infraiber, and with its legal representative, the lawyer Paulo Diez Gargari.
The Ninth Civil Chamber of the Superior Court of Justice of Mexico City resolved in a second and final instance to convict Infraiber of moral damages, as part of a smear campaign, said the operator of the Mexiquense Circuit.
The dispute between Aleatica, formerly known as OHL México, and Infraiber, began in 2013, when the government of the State of Mexico – where a large part of the company’s concessions are located – decided to withdraw a contract from the capacity measurement company to carry carry out this activity on the entity’s toll motorways.
After that, Infraiber filed several lawsuits against state authorities for the way in which some of the concessions were granted to OHL México. But, for the capital judge, the indications made by Infraiber did not meet the requirements of truthfulness and impartiality. In addition to this lawsuit, Aleatica and Infraiber have other legal disputes, one of them related to the sale of the company to the Australian investment fund IFM Investors in 2018.
The company e-commerce company Amazon closed the purchase of the MGM movie studio, in a deal valued at 6,500 million dollars.
The move comes after Amazon certified to the Federal Trade Commission (FTC) that it had provided all the information required by antitrust investigators reviewing the deal.
Amazon provided more than 3 million sheets to the FTC over the past eight months as part of the review process, but the FTC could still challenge the settlement.
Unifine, the largest independent lessor in the country, received a downgrade in its credit rating by the agency S&P Global Ratings, due to weakness in the flexibility of its funding.
The New York-based rating agency lowered Unifin’s long-term global scale credit ratings from ‘BB-‘ to ‘B+’ or from the third to the fourth notch within the speculative asset bloc. On a national scale, the note went from ‘mxA-‘ to ‘mxBBB-‘ and from ‘mxA-2’ to ‘mxA-3’. The outlook on those ratings was placed on special “negative” review.
S&P Global Ratings also said the negative special review status reflects the possibility that Unifin will receive a further downgrade in the next 90 months if its liquidity worsens.
Meta Platforms (Facebook) said it will develop new tools to allow brands to prevent their ads from appearing alongside inappropriate content on its Facebook and Instagram platforms, primarily. In fact, it will start testing the tools at the end of this year to launch them in early 2023.
The social media company also said it selected advertising measurement firm Zefr as its partner with the primary goal of being able to provide external verification that ads were appearing only alongside suitable content.
The move is part of Meta’s response to demands from the advertising industry, which has long advocated for brands to have more control over where their ads appear on the internet.
In the In the last two years, Mexico has registered the highest growth in digital commerce in the world, even above countries such as China and India; in the last three it has been in the top five; it is expected that in the next few years it will continue to grow at double digits; more than 30% of its Internet users buy merchandise online and 50% of these make at least one purchase per month.
These data, the main challenges faced by the electronic purchase and sale of all types of products and the methods for companies to access this commercial activity, are exposed in the most recent podcast of the Mexican Association of Specialized Financial Entities (AMFE), chaired by Enrique Bojorquez Valenzuela.
Among others, executives from Moneyman Mexico; Amazon Web Services and the Mexican Association of Online Sales, among others.