Mexico’s America Movil, the telecoms company controlled by billionaire Carlos Slim, said on Wednesday it would propose spinning off its local cellphone tower business into a separate, listed company known as Telesites. Last year Slim said he wanted to sell assets to try and shrug off the burden of new regulations designed to curb his...Read More

A huge blaze twisted and blackened an oil platform in the Gulf of Mexico, but the state-run Pemex oil company said it managed to avert any significant oil spill. At least four workers died and two suffered life-threatening injuries in an explosion that engulfed the platform in flames Wednesday, forcing 300 people to abandon the...Read More

Gwyneth Paltrow and Chris Martin are spending a family vacation together with their kids, Apple and Moses, in Mexico. “The 42-year-old actress displayed her incredible bikini body in a striking – and very skimpy – two-piece swimsuit,” it added. Chris Martin has been rumored to be seeing Jennifer Lawrence but that romance seemed to have...Read More