Carlos Slim
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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.
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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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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.
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FRANKFURT/ MILAN April 9- Hong Kong's Hutchison Whampoa is in talks to buy up to 29.9 percent of Telecom Italia in a deal that would radically alter the power base at Italy's leading phone company, two sources familiar with the negotiations said.
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MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
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MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
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NICOSIA/ MOSCOW- Russia rebuffs Cypriot entreaties for aid, leaving the island's increasingly isolated leaders scrambling to strike a bailout deal with the European Union by next week or face the collapse of its financial system. (EUROZONE- CYPRUS/, expect by 1630 GMT/ 12:00 PM ET, by Michele Kambas and Lidia Kelly, 1,160 words).
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MEXICO CITY, March 22- Mexico's lower house of Congress approved a sweeping reform of the telecommunications industry early on Friday, sending legislation that aims to curb Carlos Slim's dominance of the phone market to the Senate without making major changes.
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MEXICO CITY, March 22- Mexico's lower house of Congress gave final approval to a major telecommunications bill early Friday morning, a reform that threatens to loosen tycoon Carlos Slim's grip on the phone market and broadcaster Televisa's dominance of the airwaves.
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MEXICO CITY, March 21- Mexico's lower house of Congress gave broad approval Thursday night to a telecommunications reform that threatens to loosen tycoon Carlos Slim's grip on the phone market and broadcaster Televisa's dominance of the airwaves.
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MEXICO CITY, March 19- Mexican tycoon Carlos Slim's telecom giant, America Movil, aims to boost by 40 billion pesos the fund it uses to repurchase shares, the company said in a statement to the Mexican stock exchange on Tuesday.
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The country's push for economic reforms and the revival of the economy of its largest trading partner, the United States, are stirring investor interest in Latin America's No. 2 market.
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PANAMA CITY, March 17- Latin America is increasingly looking to the private sector to help fund a $200 billion a year infrastructure investment gap that is dragging on economic growth and preventing the region from catching up to other emerging markets.
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MEXICO CITY, March 15- Shares of Mexican tycoon Carlos Slim's phone giant America Movil fell almost 5 percent on Friday, a day after a congressional committee passed an ambitious bill that aims to loosen his hold on the telecommunications market.
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MEXICO CITY, March 15- An ambitious government plan to shake up Mexico's phone and television markets passed its first hurdle in Congress just days after it was unveiled, but political sniping, legal risks and the power of industry giants could still blunt or delay it.
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