Inside these posts: Mexico

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China, Russia drive growth in world’s billionaires

Carlos Slim. (Mohamed Azakir/Reuters)

Rising global commodities prices and Asia’s economic boom led to a big increase in the number of billionaires in Russia, China and Brazil in 2011.

China nearly doubled its number of billionaires to 115, while Russia and Brazil posted two-third jumps to 101 and 30, respectively, Forbes said in its annual list of the world’s richest people.

It was the first time any country outside the United States, which has 413 billionaires, had more than 100. Moscow is now home to the most people on the list with 79 billionaires, easily outstripping New York, which has just 58. The world’s richest man, Mexican tycoon Carlos Slim, retained his crown for the second year in a row and made more money than any of the other 1,209 billionaires in the past year: $20.5 billion, taking his fortune to $74 billion. Get the full story »

Continental, Aeromar in code-sharing deal

Aeromar and Continental Airlines, a wholly-owned unit of United Continental Holdings, Inc., said they will begin code-sharing on their flights Feb. 1.
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Boeing snags $1B Mexico satellite contract

Boeing Co.  said it won a contract valued at about $1 billion to build a communication-satellite system for Mexico’s government that will be used for  national-security and civil-communications needs.

The system will consist of three satellites, two ground sites and related network operations systems and other equipment. Get the full story »

Madonna opens first Hard Candy Fitness gym

U.S. singer Madonna smiles with Mexico City Mayor Marcelo Ebrard at the opening of her Hard Candy Fitness gym in Mexico City. (Henry Romero/Reuters)

She writes children’s books and makes wine, dons a spandex leotard like no one else and has sold millions of albums around the world. Now she wants you to have a toned body.

Madonna launched her new brand of “Hard Candy Fitness” gyms in Mexico City on Monday, opening a huge, 30,000-square-foot (2,787-square-meter) compound where Mexico’s rich and the beautiful can go through dance classes and fitness routines inspired by the singer’s routines. Get the full story »