Tycoon Carlos Slim plans more investment in Mexico in 2011
MEXICO CITY (Reuters) – Mexican tycoon Carlos Slim said on Monday he plans to boost his investment in Mexico this year by about 20 percent to $3.6 billion, with telecoms, mining and infrastructure...
View ArticleMexico airport company GAP riled over takeover bid
MEXICO CITY, Aug 3 (Reuters) – Controlling shareholders at Mexican airport operator Grupo Aeroportuario del Pacifico (GAP) are fighting a takeover bid by copper mining company Grupo Mexico that is...
View ArticleDelta sticks to 200 aircraft order in 2011 — CEO
MEXICO CITY, Aug 10 (Reuters) – Delta Air Lines Inc (DAL.N: Quote, Profile, Research, Stock Buzz) plans to go ahead with orders for up to 200 aircraft to replace older narrow-body models, despite...
View ArticleStrong earthquake rattles Mexico, one dead
MEXICO CITY (Reuters) – A powerful 6.7 magnitude earthquake shook Mexico on Saturday, killing at least one person, knocking out lights in parts of the capital and sending people rushing into the...
View ArticleAeromexico places $11 billion order with Boeing
MEXICO CITY (Reuters) – Mexico’s largest airline Aeromexico on Wednesday placed an $11 billion provisional order with Boeing (BA.N: Quote, Profile, Research, Stock Buzz), in what the company said was...
View ArticleCitigroup could unload stake in Aeromexico: Aeromexico CEO
TOLUCA, Mexico (Reuters) – Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) may sell its 37 percent stake in Grupo Aeromexico (AEROMEX.MX: Quote, Profile, Research, Stock Buzz), the holding...
View ArticleMexico Wal-Mart bribery probe yields no evidence yet: watchdog
MEXICO CITY (Reuters) – Mexico’s anti-corruption body has found no irregularities in its probe of permits and documents given to retailer Wal-Mart to open stores, but two audits remain underway, the...
View ArticleCiti unit sheds half of Aeromexico stake, milk baron picks it up
MEXICO CITY (Reuters) – Citigroup-unit Banamex sold about half its stake in top Mexican airline Aeromexico (AEROMEX.MX: Quote, Profile, Research, Stock Buzz) for about $172 million, and the head of...
View ArticleShares of Mexican airline Volaris soar in market debut
MEXICO CITY, Sept 18 (Reuters) – Shares of Mexican airline Volaris surged more than 15 percent on their debut in Mexico and New York on Wednesday, as investors bet the low-cost carrier would profit...
View ArticleMexico eyes foreign builder, local partners for $9 bln airport
MEXICO CITY, Sept 4 (Reuters) – Mexico is likely to pick an experienced, foreign construction company, working in partnership with local firms, to build a $9 billion Mexico City airport, Telecoms and...
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