Cuban-American musician Armando Christian Peréz is topping the charts in one area few people know about: building an empire.» Read More
BRASILIA, Sept 18- Brazil will boost its Internet communications to reduce dependence on U.S. hubs and be able to host global data centers for heavy users like YouTube and Netflix, Jorge Bittar, head of state-run telecoms company Telebras, said in an interview. In a move late next year that will bring the Internet to remote corners of Brazil, European...
MEXICO CITY, Aug 25- Oil companies competing in the next phase of Mexico's historic Round One auction will know the minimum level of profits demanded by the government prior to the auction, the sector regulator said on Tuesday, in a bid to raise investor interest. Mexican billionaire Carlos Slim's Carso Oil and Gas is also among the firms that have pre-qualified...
MEXICO CITY, Aug 25- America Movil said on Tuesday it is facing a Mexico regulatory probe into whether its fixed-line unit Telmex violated the terms of its concession, and whether it broke the law, dealing a blow to its television ambitions at home. The probe will come as a major blow to America Movil, which is owned by the family of billionaire Carlos Slim and was...
Warren Buffett is second only to Bill Gates in the race to being richest person in the world.
Warren Buffett has moved ahead of Mexico's Carlos Slim on the Forbes ranking of billionaires, thanks to big gains for Berkshire shares.
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 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.
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'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.
Eike Batista's OGX—the cornerstone of his short-lived mining, energy and shipping empire—is expected to file for bankruptcy as early as this weekend.
Bidding for a struggling Dutch telecoms group may seem an odd move for a Mexican billionaire, but Carlos Slim could be placing a long-term bet on an improvement in the European economic climate and in Germany in particular.
Robin Bienenstock, senior analyst for European and Latin American telecommunications at Sanford C Bernstein, says Mexican billionaire Carlos Slim's bid for KPN is all about Germany.
Dutch telecom group KPN's main shareholder America Movil has ended an agreement to limit its holding to below 30 percent, a sign it may bid for the whole company.
With industrial economies, it's OK to have workers retire at 65, Slim says. But in developed economies, built on knowledge and experience, 60 is when workers hit their prime.
The world's second-wealthiest man explains to CNBC why workers in Europe and other parts of the developed world are at the "best" part of their career after they reach their 60s.
Mexican billionaire Carlos Slim thinks the central banks' easy money is all good, with CNBC's Michelle Caruso-Cabrera.
CNBC's Michelle Caruso-Cabrera spoke with Mexican billionaire Carlos Slim about why he thinks Mexico is the best place to invest right now. And, Fast Money trader Josh Brown reveals how he's managing his bearish call on Microsoft.
The billionaire telecom titan has slipped in rankings of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.