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Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference. » Read More |
U.S. telecoms group AT&T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, the Wall Street Journal reported. » Read More |
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SAO PAULO, May 21- Spanish telecoms group Telefonica SA has put on hold plans to publicly list its Latin America unit, a senior executive said on Tuesday, but an IPO could be ready within a few months if the need arose.
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May 21- Tobacco company Philip Morris International Inc said it would buy out its Mexican joint venture partner controlled by billionaire Carlos Slim, for about $700 million.
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MEXICO CITY, May 14- Latin American countries do not tax the rich enough, offer too many tax breaks and fail to punish rampant tax evasion, meaning they are unable to raise enough revenue to properly combat poverty and boost development, the Inter-American Development Bank said in a new study.
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MEXICO CITY, May 6- Tax breaks for attending "civic values" courses, tax-free sales of second-hand furniture, special treatment for call centers and an informal economy employing six out of 10 workers are all in the line of fire as Mexico prepares a long-awaited tax overhaul.
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MEXICO CITY, May 1- The fanfare accompanying Mexican President Enrique Pena Nieto's first months in office is increasingly being drowned out by discord in Congress that could undo his plans to raise more tax revenue and open up state oil giant Pemex to outside investment.
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MEXICO CITY, April 30- Mexico's Congress on Tuesday gave overwhelming final approval to an expansive overhaul of the telecommunications sector, which aims to boost competition in the industry and tame the likes of billionaire Carlos Slim and broadcaster Televisa. The telecoms overhaul is part of President Enrique Pena Nieto's wider economic reform agenda.
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Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.
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MEXICO CITY, April 30- Mexico's Congress on Tuesday gave final approval to an expansive overhaul of the telecommunications sector, which aims to boost competition in the industry and tame the likes of billionaire Carlos Slim and broadcaster Televisa.
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MEXICO CITY, April 25- Mexico's lower house of Congress gave general approval to a telecoms reform bill on Thursday that aims to boost competition in the phone and television markets and tame dominant players like tycoon Carlos Slim and broadcaster Televisa.
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MEXICO CITY, April 25- Mexico's lower house of Congress gave general approval to a telecoms reform on Thursday that aims to boost competition in the phone and television markets and tame dominant players like tycoon Carlos Slim and broadcaster Televisa.
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MEXICO CITY, April 25- Mexican media company Grupo Televisa, the world's biggest producer of Spanish-language content, said on Thursday its first-quarter profit fell 29 percent, hurt by a loss on its investment in cell phone company Iusacell.
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LONDON, April 25- Health groups said on Thursday they could rid the world of polio by 2018 with a $5.5 billion vaccination and monitoring plan to stop the disease taking hold once more now there are only a handful of cases worldwide.
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BRUSSELS, April 25- Dutch telecoms group KPN. launched a 2 for 1 rights issue on Thursday to raise 3 billion euros to shore up its balance sheet. It added that Carlos Slim's America Movil, which holds almost a third of the company, had committed to subscribe to the rights issue.
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BRUSSELS, April 25- Dutch telecoms group KPN. launched a 2 for 1 rights issue on Thursday to raise 3 billion euros to shore up its balance sheet. It added that Carlos Slim's America Movil, which holds almost a third of the company, had committed to subscribe to the rights issue.
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MEXICO CITY, April 23- Mexican President Enrique Pena Nieto has suspended plans to present a new banking sector reform due to a dispute between Mexico's main political parties, raising doubts about a wider reform agenda that investors are watching closely.
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The dispute is one of the first major challenges to face Pena Nieto, who had drawn up the overhaul, which aims to boost lending under a so-called Pact for Mexico he forged with leaders of the opposition to work jointly on reforms.
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Pena Nieto had been negotiating the banking overhaul aimed at boosting credit under a pact he forged with leaders of the opposition to work together on major economic reforms, but cracks in the agreement have appeared due to a political dispute over election funding.
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MEXICO CITY, April 19- A major bill to shake up competition in the Mexican phone and television markets, dominated by Carlos Slim and broadcaster Televisa, was approved broader regulatory landscape. Slim's phone company America Movil controls some 80 percent of the fixed line business and about 70 percent of the mobile market.
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MEXICO CITY, April 19- Shares of America Movil, Latin America's biggest phone company, fell more than 3 percent on Friday after it reported a weaker quarterly profit and Mexico's senate approved a bill to increase competition in the country's phone and television markets.
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April 10- Ora.TV, the fledgling online digital TV network backed by Mexican billionaire Carlos Slim, has acquired television production company Stick Figure Productions in order to expand its content. The show can been viewed through Ora.TV or on Hulu, the online video streaming service controlled by News Corp and Walt Disney.