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Telecom Carlos Slim

  • SAO PAULO, Feb 3- Latin American currencies strengthened on Friday after U.S. wages remained nearly flat in January, reducing expectations of a fast interest rate-hike cycle in the coming months. Wages rose just three cents last month despite the largest gain in U.S. nonfarm payrolls in four months, a report showed. However, shares in mogul Carlos Slim's America...

  • MEXICO CITY, Feb 2- Mexico's America Movil suffered its largest loss in 15 years in the fourth quarter, as higher financial costs dragged on the giant telecoms company amid shrinking margins at home. Latin America's biggest telecoms firm, which is controlled by the family of billionaire Carlos Slim, said the 5.972 billion peso net loss compared with a net profit...

  • MEXICO CITY, Feb 2- Mexico's America Movil on Thursday swung to an almost 6 billion peso net loss in the fourth quarter, as higher financial and sales costs dragged the giant telecoms company to post its second loss in 15 years. Latin America's biggest telecoms firm, which is controlled by the family of Mexican billionaire Carlos Slim, said the 5.972 billion peso...

  • Mexico's Giant Motors and China's Anhui Jianghuai Automobile, along with distributor Chori Company Limited, will invest more than 4.4 billion pesos in an existing plant to build SUVs in the central state of Hidalgo, state governor Omar Fayad told a news conference. The outlook for Mexico's car industry has been racked by uncertainty since the election of...

  • People protest against US President Donald Trump's in Mexico City

    The boycott spans US restaurants, coffeeshops, stores and products, Buzzfeed reports.

  • VIENNA, Jan 30- Telekom Austria, a unit of Mexican tycoon Carlos Slim's America Movil, confirmed a fall in its full-year core profit, largely due to tough price competition which it expects to persist in 2017.. Telekom Austria, which Carlos Slim sees as a base for further expansion into central and eastern Europe, expects a similar impact this year.

  • Bill Gates the 2015 CGI Annual Meeting in New York.

    The graphic helps visualize the extreme level of inequality in the world today.

  • MEXICO CITY, Jan 27- Billionaire Carlos Slim said on Friday that Mexico should not fear Donald Trump, seeing opportunities for his country in the U.S. president's economic policies, and praising Mexicans for uniting behind their government in talks with the northern neighbor. In a rare news conference, the telecommunications and construction mogul called...

  • The statement came after disparate social media campaigns directed at U.S. companies based in Mexico gained traction, following U.S. President Donald Trump's order to build a border wall along the country's southern border and promise to make Mexico pay for it. In a statement, Starbucks said its Mexican operator Alsea has some 560 stores across Mexico,...

  • The statement came after disparate social media campaigns directed at U.S. companies based in Mexico gained traction, following U.S. President Donald Trump's order to build a border wall along the country's southern border and promise to make Mexico pay for it. In a statement, Starbucks said its Mexican operator Alsea has some 560 stores across Mexico,...

  • In a rare news conference, the telecoms and construction mogul called Trump a negotiator, "not Terminator" and said his repeated attacks on Mexico had united the country, giving President Enrique Pena Nieto "strength" in trade and border security talks. "This is the most surprising example of national unity that I've had the pleasure of seeing in my life," Slim said,...

  • *Trump says Mexico has' beat us to a pulp' in past deals. WASHINGTON, Jan 27- The presidents of the United States and Mexico spoke by phone on Friday after relations between the neighboring countries frayed further over Donald Trump's border wall plan, with the U.S. leader calling the talk friendly but still demanding reworked trade and other ties.

  • Carlos Slim

    Mexico needs to negotiate from a position of strength, Slim said in a Friday news conference.

  • Slim spokesperson: Slim not selling NY Times stock

    A spokesperson for Carlos Slim says he has sold some stock of NY Times a long time ago, but is not currently selling. CNBC's Michelle Caruso-Cabrera reports.

  • Slim: Been selling NY Times stock for some time

    Shares of New York Times drop on headlines of Carlos Slim saying he has been selling NY Times stock for some time now. CNBC's Dominic Chu reports.

  • Jan 27- Mexico's wealthiest man Carlos Slim on Friday said Donald Trump was a negotiator, "not Terminator," as he tried to calm his country's fears that the U.S. president's polices will wreck the economy.

  • President Donald Trump said he had a friendly phone call with Mexico's president on Friday but asserted he will renegotiate trade deals and other aspects of the countries' ties because Mexico has "beat us to a pulp" in the past. Financial markets took news of the call as a sign that a crisis in U.S-Mexican relations had eased, a day after Mexican President Enrique...

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday a united Mexico was ready to help the government negotiate with Donald Trump, and tried to calm fears in his country about what the U.S. president's policies would mean for its economy. Mexican President Enrique Pena Nieto on Thursday cancelled a planned summit with Trump after the American...

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday a united Mexico was ready to help the government negotiate with Donald Trump and called on all political parties to support President Enrique Pena Nieto in his discussions with the U.S. president.

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday he is willing to help the government negotiate with Donald Trump, and called on Mexicans from all political parties to unite behind President Enrique Pena Nieto in his discussions with the U.S. president.