Telecom Carlos Slim

  • SAO PAULO, April 25- Oi SA on Monday formally started talks to restructure $14.3 billion of bonds, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. Reuters reported earlier in the day that the group, which includes Pacific Investment Management Co, BlackRock Inc and Citadel LLC,...

  • Oi will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said.

  • SAO PAULO, April 25- Oi SA will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. According to a first source, Oi and adviser PJT Partners Inc will sit down with a group of...

  • MADRID, April 22- Spanish construction group FCC has reached a deal with creditor banks to buy back close to 400 million euros of debt at a discount, a source familiar with the matter said on Friday. FCC, which is partly owned by Mexican tycoon Carlos Slim, has been dealing with high debts for several years following a 2008 property market crash in Spain which sent...

  • SEOUL/ JAKARTA, April 22- Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week.

  • MEXICO CITY, April 18- A shareholder meeting of Mexican telecoms giant America Movil, which is controlled by the family of billionaire Carlos Slim, voted to create a 12 billion peso stock purchase fund, the company said in a statement on Monday.

  • MADRID, April 5- Mexican billionaire Carlos Slim already has majority control of Spanish building and infrastructure company FCC before a full takeover bid is formalised, Spain's stock market regulator said on Tuesday. In a statement, the regulator said because Slim had lent money to FCC's second-biggest shareholder Esther Koplowitz, who owns 22.5 percent...

  • Mark Zuckerberg

    Facebook CEO Mark Zuckerberg is the biggest gainer in Forbes' 2016 billionaires list of the world's richest people.

  • Pitbull preforms in Las Vegas

    Cuban-American musician Armando Christian Peréz is topping the charts in one area few people know about: building an empire.

  • Trump fallout continues

    The backlash against Donald Trump's comments about Mexican immigrants to the U.S. continues to grow.

  • A worker looks up while changing a drill pipe on the Laurus oil drilling rig operated by Petroleos Mexicans (Pemex) in the Ku-Maloob-Zaap oilfield at Campeche Bay off the coast of Ciudad del Carmen, Mexico.

    Headlines about Mexico have been dominated by violence, corruption and weak growth. However, the country's fortunes may be revived, with banks like HSBC interested in investing.

  • Microsoft co-founder and Berkshire Hathaway board member Bill Gates, left, and Chairman and CEO Warren Buffett are shown prior to the annual shareholders meeting in Omaha, Neb.

    The number of billionaires in the world grew by 222 in 2014, bringing the total to a record 2,089, according to a new report. Here's how much they own.

  • Buffett's wealth keeps on growing

    Warren Buffett is second only to Bill Gates in the race to being richest person in the world.

  • Warren Buffett

    Warren Buffett has moved ahead of Mexico's Carlos Slim on the Forbes ranking of billionaires, thanks to big gains for Berkshire shares.

  • The Uber car service app is displayed on an HTC smartphone in Berlin, Nov. 24, 2014.

    A small group of elite investors are behind Uber's latest fundraising effort and believe the company is set for a massive IPO.

  • America Movil looking to sell assets: Sources

    America Movil is looking to sell assets for up to $20 billion, reports CNBC's Michelle Caruso-Cabrera

  • Turned a raft of industrial acquisitions and the sale of the state telephony monopoly into a business empire that touches most aspects of Mexican life.

  • Income inequality is growing and the rich keep getting richer. In 25 years a serial entrepreneur with grand visions may cross the wealth threshold.

  • Carlos Slim (left) and Warren Buffett.

    One ranks among the greatest wealth creators of all time. The other has made investing during crisis an art form. Who has mattered more?

  • CNBC 25 faceoff: Battle of the billionaires

    CNBC's Sara Eisen and Dominic Chu take a look at two of the world's richest men, the legendary "Oracle of Omaha," Warren Buffett and Mexican mega billionaire, Carlos Slim.