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Carlos Slim

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  • March 3- Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.

  • *Telekom Austria shares up 0.7 pct. VIENNA, Feb 25- Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.

  • *Telekom Austria shares up 2.3 pct. VIENNA, Feb 25- An alliance between Carlos Slim and the Austrian government to control Telekom Austria moved closer as Slim said he wanted to start formal talks and Austria said it was interested.

  • Austria open to Telekom Austria pact with Slim Tuesday, 25 Feb 2014 | 2:17 AM ET

    VIENNA, Feb 25- Austria is interested in the prospect of forming a shareholder pact with Carlos Slim's America Movil to pool their stakes in Telekom Austria, the economy minister said.

  • MEXICO CITY, Feb 20- Mexican billionaire Carlos Slim, who already controls America Movil, tightened his grip slightly on Latin America's biggest phone company, according to a U.S. regulatory filing on Thursday that shows two companies controlled by Slim bought more shares.

  • MEXICO CITY, Feb 20- Mexican billionaire Carlos Slim, who already controls America Movil, tightened his grip on Latin America's biggest phone company, according to a U.S. regulatory filing on Thursday that shows two companies controlled by Slim bought more shares.

  • NEW YORK, Feb 11- Mexico and China are discussing creating a joint fund for investments in infrastructure projects in Latin America's No.2 economy, Mexican deputy finance minister Fernando Aportela said on Tuesday during a visit to New York.

  • MEXICO CITY, Feb 11 (Reuters)- America Movil, Latin America's biggest phone company controlled by billionaire businessman Carlos Slim, on Tuesday reported a better-than-expected quarterly profit, helped by a drop in taxes and a slight pick-up in revenue.

  • RIO DE JANEIRO/ LONDON, Feb 11- Latin American stocks followed U.S. markets higher on Tuesday after U.S. Mexico's benchmark IPC stock index had its biggest jump in more than a month, driven by a nearly 3 percent gain in heavily weighted telecommunications firm America Movil, controlled by tycoon Carlos Slim.

  • *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • Deutsche Telekom faces tough call on U.S. mobile exit Tuesday, 11 Feb 2014 | 2:00 AM ET

    *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • MEXICO CITY, Feb 5- British companies recognize the security threats posed by Mexico's drug violence but are more focused on opportunities in a batch of economic reforms in Latin America's No.2 economy, Britain's visiting deputy prime minister said on Wednesday.

  • Telefonica in talks to buy Mexico's Iusacell -reports Wednesday, 5 Feb 2014 | 3:26 PM ET

    MEXICO CITY, Feb 5- Spanish phone company Telefonica is in talks to buy Mexico's third-largest cellphone company, Iusacell, according to media reports on Wednesday. Citing people familiar with the matter, Bloomberg and Spanish newspaper El Economista reported that Telefonica was in talks with Grupo Televisa and Grupo Salinas, which co-own Iusacell.

  • *To cut additional jobs in the Netherlands. Shares in the group, which in 2013 fended off a takeover bid by top shareholder Carlos Slim's America Movil, fell as much as 5.7 percent in early Tuesday trading after it said fourth-quarter mobile revenues fell 13 percent year-on-year.

  • *To pay dividend of 0.07 euros per share in 2014. BRUSSELS, Feb 4- Dutch telecoms group KPN reported worse than expected core profit in the fourth quarter, as revenues from its Dutch mobile phone business fell at a faster rate than in the previous quarter.

  • Eike Batista: The downfall of a $30 billion tycoon Saturday, 26 Oct 2013 | 6:39 PM ET
    Eike Batista

    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.

  • Carlos Slim

    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.

  • Why has Carlos Slim bid for KPN?     Friday, 9 Aug 2013 | 4:54 AM ET
    Mexican billionaire Carlos Slim.

    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.

  • Billionaire Carlos Slim may buy Dutch telco KPN Monday, 29 Jul 2013 | 3:28 AM ET
    Mexican billionaire Carlos Slim.

    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.

  • Billionaire Carlos Slim: Why 60 Is the New 30 Tuesday, 18 Jun 2013 | 11:00 AM ET
    Carlos Slim

    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.