MARKET REPORT: KPN shares rise amid rumors of a potential cash...

TracFone, a telephone company owned by Mexican telecom tycoon Carlos Slim's America Movil (NYSE:AMX) filed a complaint on Monday accusing activist group Two Countries One Voice and its campaign against Slim in the United States of being a corporate ...

Bill Gates has overtaken Carlos Slim as the world's richest man. Who? The Mexican civil engineer turned telecommunications king has extraordinary market penetration and a deep cash pool. For the past six years, Mexican telecommunications tycoon ...

MEXICO CITY: Mexican billionaire Carlos Slim's Grupo Carso company is selling its stake in Philip Morris's Mexico unit to the US tobacco giant for $700 million, the firms said Tuesday. Grupo Carso holds a 20 percent stake in Philip Morris Mexico ...

Bill Gates became the world's richest person today, the first time he has held the title since 2007. His fortune was valued at $72.7 billion at 4 p.m. in New York, according to the Bloomberg Billionaires Index. Gates, 57, was more than $550 million ...

After a group of protesters denounced Carlos Slim and marched out of the room playing Darth Vader's theme song on kazoos, a companion of the Mexican billionaire smiled at him and said, Welcome to New York. It's not just New York, replied Slim, who ...

April 22 (Bloomberg) -- Carlos Slim, the world's richest man, is giving a lifeline to Mexican homebuilder Desarrolladora Homex SAB. Homex's $400 million of bonds due in 2020 soared a record 20 cents to 79.11 cents on the dollar after the builder ...

Billionaire Carlos Slim is preparing an aggressive push into Mexico's television market to take advantage of new telecommunications legislation, even as the changes threaten his dominance in the phone business. While Slim's wireless carrier, America ...

Mexico's business tycoon Carlos Slim, the world's richest man with a net worth of $73 billion, is planning to invest billions of dollars in a range of projects in Saudi Arabia. Slim is considering plans to invest in lucrative petrochemical projects ...

Digital TV network Ora TV, backed by Mexican billionaire Carlos Slim, has acquired TV production company Stick Figure Productions. Financial terms related to the transaction have not been disclosed. Via the Stick Figure acquisition, Ora TV plans to ...