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  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • MEXICO CITY, July 9- Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday.

  • MEXICO CITY, July 9- Mexico's Congress on Wednesday approved laws that implement a landmark telecommunications sector overhaul that aims to curb the power of billionaire Carlos Slim's America Movil and broadcaster Televisa.

  • UPDATE 3-Carlos Slim bows to Mexico telecoms reform Tuesday, 8 Jul 2014 | 11:13 PM ET

    MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday it is ready to divest assets in an unprecedented step to cut its market share in Mexican telecoms below 50 percent and escape the burden of tougher regulations.

  • MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday its board voted to divest assets to cut its Mexico telecommunications market share below 50 percent and avoid tough new regulations designed to curb his long-held dominance of the sector.

  • *New investors are Northgate Capital, Access Industries. Linio active in Mexico, Colombia, Venezuela and Peru. Founded in 2012, Linio now sells products from shoes to smartphones in Mexico, Colombia, Venezuela and Peru.

  • RPT-Soros Fund sued by former portfolio manager Tuesday, 8 Jul 2014 | 8:50 AM ET

    NEW YORK, July 7- A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees.

  • *Jordanian CEO Ismaik pushed ambitious growth plans. *Construction firm became arm of Abu Dhabi policy. ABU DHABI/ DUBAI, July 8- From a 59- story tower in Abu Dhabi, the offices of Arabtec look out over the Gulf towards Middle Eastern and Asian nations where the construction firm hopes to expand.

  • Soros Fund sued by former portfolio manager Monday, 7 Jul 2014 | 2:40 PM ET

    NEW YORK, July 7- A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees.

  • SEOUL, July 7- The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where the U.S. search engine does not dominate. To fund expansion and close the gap, bankers familiar with the matter said Naver is considering selling shares of Line Corp in Tokyo, New York or both.

  • Strong gains in its top holdings, including Canadian Pacific, Air Products& Chemicals and Burger King Worldwide helped fuel the rise. Ackman has spent much of June trying to convince pharmaceutical company Allergan, in which he is the biggest investor, to sell itself to rival Valeant Pharmaceuticals, with which he is working to negotiate a deal.

  • JAKARTA, July 2- Freeport-McMoRan Copper& Gold Inc is still in talks with Indonesia over a six-month dispute that has halted copper exports, and has no plan yet to follow Newmont Mining Corp in seeking international arbitration. Global copper prices, currently not far off four-month highs, have been underpinned by the disruption to supplies from Indonesia.

  • NEW YORK, July 1- U.S. stocks were set to kick off the third quarter with early gains on Tuesday, after a report showed China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.

  • July 1- Private-equity firms KKR& Co LP and TPG Capital are among the groups looking to buy a majority stake in food retailer Kuwait Food Co SAK, better known as Americana, Bloomberg reported, citing people familiar with the matter. The other potential bidders include CVC Capital Partners Ltd and Advent International Corp, Bloomberg said.

  • Markit, ISM factory data due. NEW YORK, July 1- U.S. stock index futures kicked off the third quarter with early gains Tuesday, buoyed by a report showing China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.

  • *Billionaire says says not ready to invest in Egypt. CAIRO, June 30- Egyptian billionaire construction tycoon Samih Sawiris said he has no plans for new investments in his country while political oppression and legal failings continue to obstruct economic revival.

  • *Billionaire says says not ready to invest in Egypt. CAIRO, June 30- Egyptian billionaire construction tycoon Samih Sawiris said he has no plans for new investments in his country while political oppression and legal failings continue to obstruct economic revival.

  • NEW YORK, June 27- Mathew Martoma, a former SAC Capital Advisors portfolio manager convicted of insider trading, should be sentenced to a "substantial" term of prison beyond the eight years recommended by probation officers, U.S. prosecutors argued Friday. In court papers filed in New York federal court, prosecutors urged U.S.

  • June 27- Dollar General Corp said Chief Executive Rick Dreiling would retire next year after about seven years at the helm, sending the discount retailer's shares down 7 percent.

  • Dollar General CEO Rick Dreiling plans to retire Friday, 27 Jun 2014 | 9:20 AM ET

    June 27- Dollar General Corp said Chief Executive Rick Dreiling would retire effective May 30, 2015 or upon the appointment of a successor. Dreiling, 60, has served as the discount retailer's CEO since January 2008.