Latest Carlos Slim News

Mexico's president wants Mexicans to buy Citigroup unit

Jan. 13, 2022 17:50 PM EST

MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Thursday he hopes Mexican investors buy the local subsidiary of Citigroup. In a post on social media, the president said that “we would like this bank to be Mexicanized,” contending that foreign bankers...

More cracks found in Mexico City subway line that collapsed

Dec. 29, 2021 20:29 PM EST

MEXICO CITY (AP) — Inspectors have found 21 more cracks in welds or steel structural pieces on an elevated subway line that had a section collapse in May, killing 26 people, officials said Wednesday. Studies on the fallen section found the failure was caused by construction...

Red Bull's Perez heads home to adoring crowd in Mexico City

Nov. 04, 2021 15:08 PM EDT

In a teeming metropolis of more than 20 million, one face and one smile stands out on billboards and on television this week in Mexico City: Formula One driver Sergio Perez. Mexico’s favorite racing son is back, this time with a chance to win his home race at the...

Mexico's richest man to rebuild collapsed subway line

Oct. 20, 2021 20:02 PM EDT

MEXICO CITY (AP) — Mexico’s richest man reached an agreement with Mexico City authorities Wednesday to rebuild or reinforce an elevated subway line that collapsed in May, killing 26 people. Telecom and construction magnate Carlos Slim said his Grupo Carso’s...