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MEXICO CITY, Oct 31- Mexico's Senate on Thursday made new cuts to a tax reform plan that President Enrique Pena Nieto proposed to increase the nation's anemic tax take before sending the bill back to the lower house of Congress for final approval.
MEXICO CITY, Oct 30- Mexico's Senate on Wednesday was close to passing a package of measures to bolster the country's weak tax revenues, including higher taxes for the rich, levies on sugary drinks and junk food, as well as a charge on stock market gains.
MEXICO CITY, Oct 30- The Mexican government's tax reform looked likely to pass the Senate without major changes after the main opposition party refused to continue debating the bill on Wednesday, arguing its concerns were being ignored.
MEXICO CITY, Oct 30- Mexico's Senate gave general approval to the government's plan to boost tax revenues before the main opposition party walked out early on Wednesday, halting voting on divisive details of the reform.
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.
*Says relations with America Movil cooperative. The group also said relations with main shareholder America Movil, controlled by billionaire Carlos Slim, remained cooperative.
MEXICO CITY, Oct 21- Mexican billionaire Carlos Slim's Grupo Carso on Monday said it will pay out a special dividend of around $700 million after selling its share of Philip Morris International's Mexico business.
MEXICO CITY, Oct 16- America Movil, the phone company controlled by billionaire Carlos Slim, on Wednesday said it would not go ahead with a plan to boost its stake in KPN, and has not yet decided whether to keep its current position in the Dutch telecom company.
MEXICO CITY, Oct 16- America Movil, the phone company controlled by billionaire Carlos Slim, said it would not go ahead with a plan to boost its stake in KPN after the Dutch telecom's foundation blocked the Mexican company's bid. America Movil had accumulated nearly 30 percent of KPN's stock and it was not clear what would happen with that.
MEXICO CITY, Oct 16- America Movil, Latin America's biggest phone company, said on Wednesday it would not proceed with a plan to boost its stake in KPN after the Dutch telecom's foundation blocked the Mexican company's bid.
*Telecom Italia, TIM shares rise more than 6 percent. MILAN/ FRANKFURT, Oct 9- Telecom Italia is considering a sale of its 67 percent stake in Brazilian mobile operator TIM Participacoes in a bid to reduce its debt, said a person familiar with the matter on Wednesday.
*Zeinal Bava to be CEO after Portugal Telecom, Oi merger. LISBON, Oct 8- Known as "Zeus" at Portugal Telecom for turning round an ailing firm in an economic crisis, Zeinal Bava will find he is a lesser deity on the global stage as he tries to build an industry champion in the Portuguese-speaking world and beyond.
MEXICO CITY, Oct 4- After years in Brazil's shadow, Mexico's stock market is enjoying a listings boom, fueled by hopes of economic reforms and strong demand from pension funds breathing life into a long-stagnant market.
*Oi CEO Bava, a Portugal Telecom veteran, to lead carrier. *Oi, Portugal Telecom shares soar on news of combination.
BRUSSELS, Sept 29- Dutch preference shares, once a device to share the benefits of a family business, have become an unbreachable barrier to hostile takeovers in the Netherlands, most recently forcing Mexico's America Movil to the negotiating table.
MEXICO CITY, Sept 27- Mexican phone company America Movil, embroiled in an increasingly complex bid for Dutch telecom KPN, said on Friday that it might go ahead with its formal offer next month.
BRUSSELS, Sept 18- Dutch telecoms group KPN has acted to catch up with European rivals after years of underperformance and may be nearing a turning point as it faces a takeover offer by Mexico's America Movil. It lagged behind peers in jumping on new trends in television and bundled services to limit the damage from free services such as Skype.
**APPLE INC, Tuesday close $455.32, up 1 pct premarket. The fingerprint reader on Apple's top-end iPhone 5 S received an early thumbs up for ease of use from two influential reviewers, helping dispel concerns about the scanning technology which has been notoriously unreliable in other cellphones. **FEDEX CORP, Tuesday close $110.68, up 2.2 pct premarket.
**ADOBE SYSTEMS INC, Tuesday close $48.14, up 6 pct after market. **FIVE BELOW INC, Tuesday close $48.5, down 2 pct after market. The company said shareholders have agreed to sell 7.1 million shares of its common stock, of which 7 million shares would be sold by funds affiliated with Advent International and 100,000 shares will be sold by Five Below's executive chairman.
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.