Best Buy to open in Mexico this year: CEO
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Best Buy Co Inc.  Chief  Executive Brad Anderson said on Tuesday that the electronics  retailer plans to expand into Mexico in 2008.
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Best Buy Co. Inc.  said on Wednesday that it would open more North American stores than previously planned, buy back $5.5 billion in stock and raise its dividend 30 percent.
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Sift through a booming market to find Mexico's top opportunities.
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US retail giant Wal-Mart Stores Inc plans to open 15 new stores in China next year, reported China Daily on Wednesday. Joe Hatfield, president of Wal-Mart Asia, revealed the news at a press conference yesterday in Beijing.
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Wal-Mart, already Mexico's largest retailer, is hoping to tap into the country's booming consumer-loan market when it opens its own bank in the second half of next year, executives said on Monday.
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Best Buy Co. Inc. said on Friday its comparable-store sales rose 1.5 percent in December on strong sales of video games and notebook computers.
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A year after apologizing to the Mexican people for failing to meet his own expectations, President Vicente Fox will give an upbeat state-of-the-nation address focusing on his more popular moments, including a likely reference to Mexico's opposition of the Iraq war.
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Best Buy Co. Inc.  said on Wednesday it plans to open about 130 new stores in the United States, Canada and China during its next fiscal year.
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Together with a leading Indian cellphone operator, Wal-Mart will open hundreds of branded superstores across India over the next five years.
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Univision Communications Inc., the top  U.S. Spanish-language broadcaster, is expected to name a new  chief executive on Tuesday ahead of a private equity buyout of  the company in March, a source familiar with the matter said.
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But the chain, which is the nationâs largest consumer electronics retailer, said it would keep investing in new stores, including as many as 25 in China.
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Networks Corp. is poised to expand its operations in China to better battle low-cost competitors in the global telecom equipment market, the company&#39;s CEO said on Monday.
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Halliburton Co., the U.S. oilfield  service giant, said on Sunday its chief executive plans to open  a corporate headquarters in the United Arab Emirates in an  effort to expand business in the Eastern Hemisphere.
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&quot;This is the right acquisition at the right time for Cemex,&quot; says Lorenzo Zambrano, chairman and chief executive of Cemex.
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Company is expanding its agreement to sell notebooks through Best Buy.
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Wal-Mart Stores Inc., the world's biggest retailer, plans to set up a venture with Indian billionaire Sunil Mittal, gaining access to the second-most populous nation as the government considers tempering restrictions on overseas ownership.
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(InfoWorld) - Indian outsourcer Wipro has opened a software development facility in Monterrey, Mexico, to offer services to clients in North America and Latin America in the same time zone and geographical proximity. Wipro made the announcement Tuesday when Mexico's President Felipe CalderÃ³n Hinojosa visited its Bangalore campus. He is in India to promote business collaboration, particularly in IT, between the two countries. Mexico's broad language skills and proximity to Canada and the U.S. helped Wipro decide to establish a presence there. Latin America is also a strong emerging market where many of Wipro's clients operate. Wipro's Monterrey facility will employ 100 people. Some of the center's Mexican staff are already training in Bangalore. Infosys Technologies, another Indian outsourcer, announced last month that it isÂ setting up an IT services and BPO (business process outsourcing) facilityÂ in Monterrey. Indian outsourcers like Tata Consultancy Services, of Mumbai, have also invested in services delivery centers in Latin America with an eye to offering near-shore services to clients in North America and to service the Latin American market. Wipro announced last month that it is setting up a software development center in Atlanta and plans to hire staff for the center from local universities. The center, which will have 500 employees by the third year of operation, will help Wipro in hiring highly skilled workers and domain experts who will be critical to Wipro's business growth plans in the U.S., the company said.