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Billionaire Slim America Movil Could Profit From Election Of Mexican Leftist

MEXICO CITY – Billionaire Carlos Slim has had harsh words for Mexico’s presidential frontrunner, saying recently he is “concerned and afraid”...

Boeing Creates One-stop Shop For Jets And Services In Airbus Battle

PARIS – Boeing (BA.N) has reorganized its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus (AIR.PA) this...

Zara Looks To Technology To Keep Up With Faster Fashion

MADRID – The pioneer of fast fashion isn’t looking so fast anymore. Inditex, the world’s largest clothing retailer and owner of the Zara chain, faces...

Volcker Fix May Cause New Headaches For Wall Street

WASHINGTON – A proposal to simplify a rule banning banks from proprietary trading, rather than making life easier for Wall Street, could ensnare billions of...

Central Bank Withdrawal Means Tighter Times Ahead For Borrowers

WASHINGTON – With the world’s two largest central banks now pulling back the economic props used to battle multiple crises, a so-far sturdy global recovery...

Facebook Releases New Privacy Safeguards After Ceding To Pressure From Advertisers

WASHINGTON – Facebook is installing new controls it says will better inform its members about the way companies are targeting them with advertising, the latest...

Markets Turn Down The Volumes When The World Cup Starts

LONDON – The World Cup kicks off in Russia on Thursday and investors should be warned that financial markets tend to act like any emotional soccer fan during the...

Judge Orders Removal Of Investigator From Malta Journalist Murder Case

VALLETTA – The lead investigator into the murder of Malta journalist Daphne Caruana Galizia must be removed from the case because of a conflict of interest, a...

Exclusive Exxon Mobil Breaks With Past Bulks Up Energy Trading To Boost Profit

HOUSTON – Exxon Mobil Corp (XOM.N) is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management systems to...

Hurt In Past By False Dawns Chinese Businessman Is Wary Of Bets On North Korea Opening Up

DANDONG, China – Property speculators in China may be betting that Tuesday’s U.S.-North Korea summit is poised to unlock riches across the border but Chinese...