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Carlos Slim

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  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • INTERVIEW- CARLOS SLIM SAYS AMERICA MOVIL ASSET SALE SHOULD BE ACROSS THE BOARD, ATTRACTIVE TO BUYERS.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • MEXICO CITY, July 9- Carlos Slim's telecommunications company, America Movil, will shed assets to avoid tough new telephone and TV regulations imposed by Mexico's Congress on Wednesday.

  • MEXICO CITY, July 9- Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday.

  • Mexico passes tough restrictions on telecoms Wednesday, 9 Jul 2014 | 10:58 AM ET

    MEXICO CITY— The lower house of Mexico's Congress approved tough restrictions on dominant companies in the country's telephone and television sectors early Wednesday after 20 hours of debate and discussion. The rules were already passed by the Senate, but must still be signed into law by President Enrique Pena Nieto, whose party supports the measures.

  • MEXICO CITY, July 9- Mexico's Congress on Wednesday approved laws that implement a landmark telecommunications sector overhaul that aims to curb the power of billionaire Carlos Slim's America Movil and broadcaster Televisa.

  • Mexico Congress approves landmark telecoms bill Wednesday, 9 Jul 2014 | 9:09 AM ET

    MEXICO CITY, July 9- Mexico's Congress on Wednesday approved a landmark telecoms bill that aims to curb the power of tycoon Carlos Slim's America Movil and broadcaster Televisa.

  • UPDATE 3-Carlos Slim bows to Mexico telecoms reform Tuesday, 8 Jul 2014 | 11:13 PM ET

    MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday it is ready to divest assets in an unprecedented step to cut its market share in Mexican telecoms below 50 percent and escape the burden of tougher regulations.

  • MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday its board voted to divest assets to cut its Mexico telecommunications market share below 50 percent and avoid tough new regulations designed to curb his long-held dominance of the sector.

  • MEXICO CITY, July 8- Mexico's lower house of Congress gave general approval on Tuesday to legislation that aims to rein in telecoms tycoon Carlos Slim and broadcaster Televisa to encourage more competition in the phone and TV markets.

  • MEXICO CITY, July 8- Mexico's lower house of Congress on Tuesday gave general approval to legislation to reform the country's phone and TV markets and rein in telecoms tycoon Carlos Slim and broadcaster Televisa.

  • Telecom giant America Movil to sell some assets Tuesday, 8 Jul 2014 | 7:22 PM ET

    MEXICO CITY— The telecom company America Movil said Tuesday that it will sell off some assets to reduce its market share in Mexico in the face of the country's telecommunications reform designed to break up monopolies. America Movil controls about 70 percent of the mobile and about 80 percent of fixed telephone markets in Mexico.

  • MEXICO CITY, July 4- Mexico's Senate on Friday gave its general approval to legislation needed to implement a reform of the phone and TV markets that seeks to rein in telecoms tycoon Carlos Slim and broadcaster Televisa.

  • Mexican Congress eyes quick telecoms laws approval Wednesday, 2 Jul 2014 | 6:58 PM ET

    MEXICO CITY, July 2- Mexico's Senate on Friday aims to pass long-delayed legislation setting out the fine print of a major reform of the phone and TV markets that seeks to curb the power of multibillionaire Carlos Slim and broadcaster Televisa.

  • NEW YORK, July 1- U.S. stocks were set to kick off the third quarter with early gains on Tuesday, after a report showed China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.

  • Markit, ISM factory data due. NEW YORK, July 1- U.S. stock index futures kicked off the third quarter with early gains Tuesday, buoyed by a report showing China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.

  • MEXICO CITY, June 27- Carlos Slim's real estate firm, Inmobiliaria Carso, will buy AT&T Inc's equity stake in America Movil, tightening the Mexican tycoon's control of his flagship telecommunications firm, according to a filing with Mexico's stock exchange on Friday.

  • MEXICO CITY, June 25- Carlos Slim's America Movil said on Wednesday it had created a committee to evaluate options in response to an overhaul of Mexico's telecommunications sector which aims to curb its dominance.

  • MEXICO CITY, June 25- Mexican billionaire Carlos Slim and former U.S. Vice President Dick Cheney have invested in Texas- based oil and gas software developer WellAware, the company said in a statement on Wednesday.