MEXICO CITY, Feb 11- America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos, up 63% from the same period last year, helped by reduced costs and currency appreciation. The company, which is controlled by the family of Mexican billionaire Carlos Slim, posted total revenue of 263.19 billion pesos...
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Carlos Slim will reduce his stake in New York Times, according to Bloomberg News.
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Mexican billionaire Carlos Slim and his Giant Motors are set to start manufacturing cars in Mexico to sell to Latin America.
The joint venture is an opportunity to cash in on Mexico's booming domestic car market, Financial Times reports.
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Mexico needs to negotiate from a position of strength, Slim said in a Friday news conference.
A spokesperson for Carlos Slim says he has sold some stock of NY Times a long time ago, but is not currently selling. CNBC's Michelle Caruso-Cabrera reports.
Shares of New York Times drop on headlines of Carlos Slim saying he has been selling NY Times stock for some time now. CNBC's Dominic Chu reports.
CNBC's Michelle Caruso-Cabrera reports that Mexican billionaire Carlos Slim is offering to help Mexico President Enrique Peña Nieto in his negotiations with President Donald Trump.
The Mexican billionaire's spokesman said that the meeting between the Slim and the President-elect was "very cordial."
President-elect Donald Trump has dinner with Mexican billionaire Carlos Slim in Florida, CNBC's Eamon Javers reports. The "Fast Money" traders weigh in.
Trump will claim a Mexican billionaire was part of a cabal dredging up allegations the Republican groped women, the WSJ reports.