Tag: Carlos SlimCarlos Slim
Mexican tycoon Carlos Slim has topped Forbes magazine's list of the world's richest billionaires for a fourth year. The magazine estimates that Mr Slim, whose business interests range from telecommunications to construction, is worth 73bn dollars.
Mexico’s Carlos Slim, probably the world’s richest man according to Forbes has referred to Argentina with certain irony when he was asked about the current foreign currency restrictions and changing regulatory framework implemented by the government of President Cristina Fernandez.
Carlos Slim Domit, son of tycoon Carlos Slim who recently acquired 8.4% of the shares of YPF oil company, confirmed on Monday that their arrival “was not a share purchase but the exercise of a financial guarantee,” which they have been working on in the last four years.
The family of Mexican billionaire Carlos Slim owns 8.4% of YPF shares, Argentina's recently re-nationalized oil and gas company said in a filing with the US Securities and Exchange Commission on Thursday.
Mexican tycoon Carlos Slim, who on Wednesday topped the Forbes rich list for a third consecutive year with a fortune of 69 billion dollars, invests widely as he seeks to expand his massive telecoms empire.
The Brazilian subsidiaries of Mexican telecoms giant America Movil are planning 10 billion Reais (5.4 billion dollars) worth of new investment in 2012, Folha de São Paulo said on Tuesday.
Mexican billionaire Carlos Slim spent 8.8 million dollars to boost his stakes in Saks Inc. and New York Times adding to his biggest US holdings as the stock market slumped last week. Saks gained the most in almost a year.
Millionaires in Latin America fared better than their compatriots in other regions during the global recession. A combination of a conservative investing streak and Latin America's brisk recovery helped millionaires in the region minimize losses in the last four years, according to the latest annual Merrill Lynch-Capgemini World Wealth Report.
Telefonos de Mexico SAB, the country’s largest phone carrier plunged the most in the stock market since December 2008 after the government rejected its application to start offering video services.
Argentine president Cristina Fernandez de Kirchner ratified before Mexican businessmen that her government will continue to advance the current ‘development inclusion model’ with strong policies in support of the domestic market and exports with added value.