Mexico telecoms bill has powers to tame Slim, Televisa
MEXICO CITY (Reuters) – Mexico’s government on Monday proposed giving a new regulator wide-reaching powers to police the operations of dominant telecommunications companies and TV broadcasters, right down to their prices and discounts.
GM customers ask U.S. judge to ramp up ignition recall efforts
NEW YORK (Reuters) – Two General Motors Co customers asked a federal judge in Texas on Monday to compel the automaker to warn owners to stop driving immediately the 1.6 million vehicles recalled since February over ignition switch problems.
S&P cuts Brazil credit rating in blow to Rousseff
BRASILIA (Reuters) – Standard & Poor’s cut Brazil’s sovereign debt rating closer to speculative territory on Monday in a blow to President Dilma Rousseff, whose efforts to stir the economy from a years-long slump have eroded the country’s finances.
Tech leads Wall Street lower as Ukraine casts a shadow
NEW YORK (Reuters) – U.S. stocks fell on Monday, with some of the market’s recent best performers like technology and biotech shares leading the way down.
Anglo halting Chile Los Bronces mine operations due to protest
SANTIAGO (Reuters) – Global miner Anglo American Plc said on Monday it was halting operations at its Los Bronces copper mine in central Chile because of a violent protest by contract workers.
Candy Crush game maker’s IPO to face investor scrutiny
SAN FRANCISCO (Reuters) – King Digital Entertainment Plc’s colorful “Candy Crush Saga” has gone viral on smartphones worldwide, but the company may struggle to replicate that enthusiasm with its upcoming $7.6 billion initial public offering.
Former Madoff associates found guilty of fraud
NEW YORK (Reuters) – Five former aides to investment manager Bernard Madoff were convicted on Monday of charges that they helped their boss conceal his multibillion-dollar Ponzi scheme for years.
Disney to buy YouTube network Maker Studios for $500 million
LOS ANGELES (Reuters) – The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment emp…
U.S. Senate panel to hold hearing on Caterpillar offshore taxes
WASHINGTON (Reuters) – A U.S. Senate subcommittee known for investigating corporate tax avoidance said on Monday it will hold a hearing on April 1 to examine the offshore tax strategies of Caterpillar Inc, the world’s largest mining and construction eq…
Airbus upbeat on Latam sales, no talks on A380 in region
SANTIAGO (Reuters) – Airbus believes it can eventually drive its Latin American market share up to 65 percent, although it is not in talks to sell its A380 superjumbo in the region, the company’s Latin American president told Reuters on Monday.
