Alsea, Latin America's biggest restaurant operator, will invest $110 million over the next three years in 220 new Starbucks cafes in Mexico and Argentina, Reuters reported.
Optimism about economic expansion is on the rise among senior finance executives in the United States and around the rest of the globe, according to the annual American Express/CFO Research Global Business & Spending Monitor.
VeriFone Systems announced it has won a contract to supply its PAYware Merchant card payment and settlement hosted service to Arcos Dorados, the largest restaurant operator in Latin America and the largest McDonald's franchisee in the world.