By Rafael Nam, Himank Sharma and Michelle Price MUMBAI/HONG KONG, May 13 (Reuters) - A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in India's Supreme Court, escalating a row that has eroded investor confidence in Prime M
Read moreBy Joseph D'Urso LONDON, May 12 (Thomson Reuters Foundation) - Buildings wrecked by Tuesday's earthquake in Nepal, already weakened by last month's huge quake which killed over 8,000, will take years to rebuild. But another type of infrastructure will bounce back much sooner: communication
Read more(Adds further details, background) MILAN/ROME, May 11 (Reuters) - Italian power utility Enel has written to the Italian communications regulator offering to help with building a nationwide ultrafast broadband telecoms network, a move that could bring it into conflict with Telecom Italia.Read more
MILAN, May 11 (Reuters) - Italy's biggest utility Enel has written to the Italian communications regulator over a possible role in developing a national ultrafast broadband network, a move that could put pressure on phone group Telecom Italia. Enel, which is controlled by the Italian gover
Read more* Set to launch home TV, broadband services * EBITDA up 17 percent to 71.2 bln shillings (Adds details, background) By George Obulutsa NAIROBI, May 7 (Reuters) - Kenya's Safaricom Ltd plans to expand its mobile and fibre optic network and will launch a home broadband service
Read moreUK stocks finished a choppy session marginally in positive territory on Wednesday as investor risk appetite was curbed by pre-election uncertainty and cautious comments from Federal Reserve chair Janet Yellen. The FTSE 100 closed up 6.16 points (+0.09%) at 6,933.74, rebounding slightly after settlin
Read moreSainsbury's led the fallers after swinging to its first annual loss in a decade, though results still came in ahead of analysts' expectations. The grocer reported a pre-tax of £72m for the year ended March, compared with a £898m profit previously, prompting it to slash it full-year dividend by 23.7%
Read moreMetals, mobile telecommunications and big tobacco stocks were among the few sectors to trade higher in pre-election trading on the London Stock Exchange on Wednesday. The FTSE 100 closed up 6.16 points or 0.09% at 6,933.74, rebounding slightly after settling at a one-month low the previous session.
Read moreUK stocks bounced off a one-month low on Wednesday though gains were quickly trimmed as mining stocks dropped into the red and Sainsbury's extended losses after an underwhelming annual report. The FTSE 100 was up just 0.11% at 6,935.50 by midday, having pulled back after reaching a high of 6,974.82
Read moreExane BNP Paribas said it sees "much better times ahead" for Vodafone as it upgraded its view on the stock from 'neutral' to 'outperform'. "The combination of a dramatically improved proposition (both absolute and relative), the secular trend of increased data consumption and the benefits of an impr
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