LONDON MARKET OPEN: Virus Fears, Shell Results Push FTSE Deep Into Red
LONDON MARKET OPEN: Virus Fears, Shell Results Push FTSE Deep Into Red

LONDON MARKET OPEN: Virus Fears, Shell Results Push FTSE Deep Into Red
TOP NEWS: BT Third Quarter Profit Down; Welcomes Huawei "Clarity"
* European shares open down sharply after Asia dips* Fed keeps rates steady* Deutsche Bank posts larger-than-expected loss* Big earnings day in Europe* Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of Euro...
LONDON, Jan 30 (Reuters) - BT said it will have to switch some of its existing mobile network equipment from Huawei to other providers to meet the government's 35% cap on the Chinese company's involvement in Britain's next generation networks."In...
* European shares seen lower after Asia dips* Fed stays put* Deutsche Bank posts larger-than-expected loss* Big earnings day in Europe* Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity mark...
(Sharecast News) - BT said on Thursday that its third-quarter results were "slightly below" its expectations, as it reported a 3% decline in revenue and a 4% fall in core earnings and warned that the government's decision to cap Huawei's involvement in 5G will cost the telecoms company around £500m.
(Adds details)LONDON, Jan 30 (Reuters) - BT said Britain's decision to limit Huawei's role in building 5G and fibre networks would increase the cost of its gigabit-communications plan by about 500 million pounds ($657 million) over five years.Phil...
* Company welcomes UK decision to allow Huawei into networks* Says high-risk vendor rules will cost it extra 500 mln stg* Third-quarter results miss forecasts* Says remains on track for the year (Recasts with more detail, shares))By Paul SandleLONDO...
* Company welcomes UK decision to allow Huawei into networks* Says high-risk vendor rules will cost it extra 500 mln stg* Third-quarter results miss forecasts* Says remains on track for the year* Shares fall 7% (Adds further CEO comments, updates sh...
LONDON, Jan 30 (Reuters) - BT, Britain's biggest broadband and mobile provider, reported a worse-than-expected 3% drop in third-quarter revenue to 5.78 billion pounds ($7.6 billion) and 4% drop in core earnings to 1.98 billion pounds, but said it...
(Sharecast News) - TUI: HSBC upgrades to buy with a target price of 1,040p.
UK BROKER RATINGS SUMMARY: TUI And Ryanair Get Upgrades
BT, Vodafone, Telefonica's 02 Weigh In On Huawei UK 5G Outcome
UK's Ofcom Drops Probe Into BT's Charges For Business Lines
* PM Johnson meets senior ministers on Huawei decision* Britain under pressure from U.S. to block Huawei* Johnson says decision will not compromise security (Adds details)By Jack Stubbs and Paul SandleLONDON, Jan 28 (Reuters) - Prime Minister Boris ...