Mexican brewer Grupo Modelo posts slight dip in Q4 profit

MEXICO CITY Mon Feb 11, 2013 9:56am EST

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MEXICO CITY Feb 11 (Reuters) - Mexican brewer Grupo Modelo on Monday said fourth-quarter profit fell 2 percent.

The company reported a profit of 3.47 billion pesos ($270 million), compared to 3.54 billion pesos in the fourth-quarter a year earlier.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.