Tag: Carlos Slim

• Thursday, August 25th 2011 - 06:31 UTC

  Mexican billionaire Slim boosts stakes in Saks and New York Times

  

  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.

• Wednesday, June 22nd 2011 - 23:08 UTC

  Latam millionaires ‘smarter’ than Asia-Pacific peers during 2007/10 recession

  

  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.

• Tuesday, May 31st 2011 - 03:02 UTC

  Major setback for Mexican telecommunications tycoon and richest man in the world

  

  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.

• Monday, May 30th 2011 - 05:51 UTC

  CFK ratified her administration’s economic policies before Mexican business elite

  

  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.

• Wednesday, May 11th 2011 - 08:00 UTC

  Chile will become first develop country in Latam, says world’s richest man

  

  Chile will become the first developed country in Latin America, predicted Mexican communications mogul Carlos Slim, the richest man in the world, in an economic presentation given in Honduras last Thursday.

• Tuesday, May 3rd 2011 - 17:58 UTC

  Beware Mr Slim: Brazil’s Batista says he will become the world’s richest person

  

  Brazil’s billionaire Eike Batista said that he expects to become the world's richest person, speaking in an interview at the Milken Institute's annual global conference in California.

• Monday, April 25th 2011 - 06:28 UTC

  Mexico antitrust commission slaps 1 billion USD fine on mobile phone operator

  

  Mexico's antitrust commission confirmed Sunday that it has fined the country's biggest mobile phone operator over 1 billion US dollars on grounds that it used its market weight and interconnection fees to displace competitors.

• Monday, April 18th 2011 - 10:09 UTC

  Mexican tycoon plans to invest 1.5 billion USD in Argentine telecommunications

  

  Mexican telecom magnate Carlos Slim, ranked as the world's wealthiest man by Forbes magazine, plans to invest 1.5 billion US dollars over the next two years in Argentina's telecommunications sector, officials said.

• Thursday, March 10th 2011 - 06:17 UTC

  World has 1.210 billionaires; Mexico’s Carlos Slim remains the richest person

  

  Mexico’s Carlos Slim remains the world’s richest person for a second year with estimated assets of 74 billion US dollars, according to Forbes magazine’s annual global ranking of billionaires.

• Wednesday, March 2nd 2011 - 17:33 UTC

  World’s richest man opens impressive museum (66.000 pieces) in Mexico City

  

  The reputed world's richest man Carlos Slim inaugurated a massive museum in Mexico City on Tuesday to house his eclectic collection of art ranging from pre-Hispanic pieces to sculptures by French masters.