Mexican billionaire Slim vows to invest in Mexico, touting economic prospects
Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered a full-throated endorsement of the economy despite investor jitters......»»
Mexico"s America Movil fined by regulator; calls it "illegal and disproportionate"
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator......»»
Mexico"s America Movil fined 1.3 billion pesos by telecoms regulator
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator......»»
Mexico"s Slim worried by leftist candidate opposing airport
Mexican billionaire Carlos Slim said Monday that he would be concerned if leftist presidential candidate Andres Manuel Lopez Obrador wins and cancels the new Mexico City airport project......»»
Billionaire Slim, America Movil, could profit from election of Mexican leftist
MEXICO CITY (Reuters) - Billionaire Carlos Slim has had harsh words for Mexico's presidential frontrunner, saying recently he is "concerned and afraid" about what leftist Andres Manuel Lopez Obrador might do if elected......»»
Capitol Report: Migration, COVID, economy on agenda in Biden’s meeting with Mexican president
President Joe Biden is expected to discuss migration, the COVID pandemic and economic cooperation with Mexico in his Monday meeting with President Andrés Manuel López Obrador......»»
Key Words: ‘If a year from now, we are still in the same situation,’ dealing with coronavirus lockdowns ‘we would be called a second’ Great Depression, says tearful billionaire Paul Tudor Jones
Billionaire investor Paul Tudor Jones remains optimistic about the U.S.’s ability to tackle the COVID-19 pandemic but offered a warning about the economic prospects for America if the viral outbreak cannot be slowed a year from now......»»
Credit Suisse sees 2020 economic contraction in Mexico of 4%
Credit Suisse sharply lowered its forecast for Mexican economic growth this year and now expects a 4.0% contraction, citing "significant downside risks," according to a note sent to the bank's clients on Tuesday......»»
Microsoft to invest $1.1 billion in Mexico over next five years: CEO
Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday......»»
Mexico"s America Movil fined 1.3 billion pesos by telecom regulator: filing
America Movil, the telecoms giant controlled by the family of Mexican bilionaire Carlos Slim, said in a regulatory filing on Monday that it had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecom regulator......»»
Mexican official eyes stronger ties with China after U.S. trade deal
Mexico should move to deepen its economic ties with China after U.S. congressional approval of a new North American trade deal, a senior Mexican official said late on Saturday......»»
Mexican president: AT&T CEO says will continue to invest in Mexico, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Opinion: Mexico"s economy has a worse outlook without Carlos Urzúa
On July 9, 2019, Mexican Finance Minster Carlos Urzúa resigned over differences in economic policy with President López Obrador. Image: Reuters.....»»
Mexico peso falls as investors fret over finance chief"s exit
The Mexican peso plunged by the most since a tariff standoff with the U.S. in late May after Finance Minister Carlos Urzua abruptly resigned, casting doubt on the government’s ability to stave off economic and financial challenges......»»
Mexico peso falls as investors fret over finance chief"s exit
The Mexican peso plunged by the most since a tariff standoff with the U.S. in late May after Finance Minister Carlos Urzua abruptly resigned, casting doubt on the government’s ability to stave off economic and financial challenges......»»
Trump says China will make a deal: "They"re going to have to"
Trump's remarks during an exclusive interview on CNBC's "Squawk Box" came after the president sent a series of tweets touting the deal reached with Mexico that prevented the U.S. from imposing tariffs of 5% on all Mexican goods......»»
Trump says China is going to make a deal because "they"re going to have to"
Trump's remarks during an exclusive interview on CNBC's "Squawk Box" came after the president sent a series of tweets touting the deal reached with Mexico that prevented the U.S. from imposing tariffs of 5% on all Mexican goods......»»
U.S. House panel chairman says he"ll seek to block any tariffs on Mexico
The head of the U.S. House Ways and Means Committee on Thursday vowed to take steps aimed at blocking tariffs on Mexican goods if President Donald Trump moves ahead with his economic threat to levy such imports on Monday......»»
The Man Who Lost $35 Billion In One Year Compares His Failed Business To Tesla
Eike Batista was once known as the richest person in Brazil and for telling Mexican billionaire Carlos Slim to "watch out" because he was pois.....»»
How Trump"s Mexico threat imperils his own economic agenda
President Donald Trump's vow to impose new tariffs on Mexican imports risks sabotaging not just his drive to forge more favorable trade deals but also a U.S. economy that he says has strengthened under his watch......»»
U.S. manufacturers, farmers fret over Trump"s Mexico tariff plan
Mexico's president on Friday urged his U.S. counterpart, Donald Trump, to back down from threats to slap tariffs on Mexican goods entering the United States, in a dispute over migration that could create a major economic shock for Mexico......»»