MEXICO CITY, Dec 4- Mexico's telecoms industry watchdog said on Wednesday it has informed the companies it will assess for tougher regulation, likely the first step in taking measures against phone giant America Movil and broadcaster Televisa.» Read More
Newport's storied mansions were left behind in the 1990s and 2000s, but its oceanfront estates are regaining their shine as new buyers come to town.
President Barack Obama said government can and should shrink the gap between the rich and poor. Here are some reasons why that's wrong.
NEW YORK, Sept 16- U.S. stocks rose on Monday after former Treasury Secretary Lawrence Summers' withdrew as a candidate for Federal Reserve chairman, removing market uncertainty about a long confirmation process that already had plenty of opposition.
NEW YORK, Sept 16- Wall Street was set to rise 1 percent at the open on Monday as investor bets that the former Treasury Secretary Lawrence Summers' withdrawal as a candidate for Federal Reserve chairman could mean slower tapering of stimulus by the Fed.
*Nigeria has unmet demand for 16 million homes. *Huge population, growing middle-class driving boom. ABUJA, Sept 15- On one of the most exclusive streets in Nigeria's capital sits a crumbling mansion with an unwelcoming message painted at its entrance: "BEWARE!
SAN FRANCISCO, Sept 13- Without making financial details public, Twitter filed with regulators this week for an IPO, a deal that would be the most keenly anticipated Silicon Valley debut since Facebook Inc's in 2012.. The company is flush with cash, having privately raised more than $1 billion over the years.
*Uralkali CEO held in Minsk, appeal for release rejected. MOSCOW, Sept 13- Russian tycoon Suleiman Kerimov is selling his stake in potash producer Uralkali to investor Vladimir Kogan for $3.7 billion, a prominent Russian lawyer and news agencies said on Friday.
MINSK, Sept 13- A Belarussian court on Friday rejected a second appeal by the chief executive of Russian potash producer Uralkali, despite calls by Russia for his release, and ruled he be kept in detention pending investigation into alleged abuse of power, his lawyer said.
LONDON, Sept 12- Swiss police searched the Geneva residence of Israeli billionaire Beny Steinmetz last month as part of an investigation into mining rights in Guinea, a spokesman for BSG Resources, the mining arm of his conglomerate, said on Thursday.
MILAN, Sept 12- Italian borrowing costs edged higher on Thursday, with yields on three-year bonds reaching their highest level in almost a year as the wrangling over Silvio Berlusconi's political future continued to overshadow the government.
NEW YORK, Sept 12- Joe Lhota, the newly elected Republican candidate for New York City mayor, says he wants to highlight stark differences with his likely liberal rival to win over moderates in the heavily Democratic-leaning electorate.
Speculation about Russian President Vladimir Putin's net worth is rife, but getting a true estimate is very difficult. A look at why.
*America Movil says considering options, including dropping bid. BRUSSELS, Sept 12- Dutch telecoms company KPN has entered into talks with Mexico's America Movil over the latter's 7.2 billion-euro takeover offer, the two sides said on Thursday, although both cautioned the outcome was unclear.
MOSCOW, Sept 12- Russian tycoon Suleiman Kerimov built his multi-billion-dollar fortune with an appetite for risk, debt and excellent political connections.
AUSTIN, Texas, Sept 12- Michael Dell is expected on Thursday to clinch shareholder approval for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing uncertainty that has clouded the world's No. 3 PC maker.
Despite a deceleration in China's economic growth, the country is minting billionaires at an astonishing pace.
NEW YORK, Sept 11- Bill de Blasio, a liberal running against the policies of departing New York City Mayor Michael Bloomberg, was tantalizingly close to clinching the Democratic nomination for mayor after storming back from fourth in the opinion polls a month ago.
Sept 11- India's Jaiprakash Associates Ltd has agreed to sell its cement plant in Gujarat state to UltraTech Cement Ltd for around 38 billion rupees including debt.
MEXICO CITY, Sept 10- Mexico's Senate on Tuesday approved seven nominees to head a new telecommunications regulator created by a sweeping sector overhaul that seeks to boost competition and tame billionaire Carlos Slim. America Movil controls some 80 percent of the fixed line business in Mexico and about 70 percent of its cell phone market.
Being a billionaire isn't so special anymore. A study finds that the number of billionaires has surged past 2,000.