Amazon rose 10 percent in early trade after a slew of Wall Street analysts praised the e-commerce giant's first-quarter results.
Oi will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said.
Facebook CEO Mark Zuckerberg is the biggest gainer in Forbes' 2016 billionaires list of the world's richest people.
Cuban-American musician Armando Christian Peréz is topping the charts in one area few people know about: building an empire.
The backlash against Donald Trump's comments about Mexican immigrants to the U.S. continues to grow.
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.
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.
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.