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NEW DELHI, May 8 (Reuters) - The Indian government will defend a notice for arbitration from Vodafone Group Plc in a more than $2 billion tax dispute, Finance Minister P. Chidambaram said on Thursday. Vodafone said on Wednesday it had filed for an international arbitration against the Indi
Read more(This item will be discontinued from May 12. Press items will be available at and diary events at. For any questions please contact Rafael Nam at rafael.nam@thomsonreuters.com or +91 22 6180 7425) GLOBAL MARKETS ROUNDUP NSE index futures traded on the Singapore Exchange rise 0.5 percent, while t
Read more(Adds Indian government no comment, tax case background, details) NEW DELHI, May 7 (Reuters) - Vodafone Group Plc has begun an international arbitration against the Indian government in a more than $2 billion tax case, toughening its stance in a long-running dispute that has dented foreign
Read more(Adds Vodafone was the seller) By Matt Smith DUBAI, May 7 (Reuters) - Zain has bought a 6.25 percent stake in its Bahraini subsidiary from Vodafone for $12.5 million, upping the Kuwaiti firm's stake to 63 percent which will allow it to retain majority control after the unit's stock m
Read moreNEW DELHI, May 7 (Reuters) - Vodafone Group Plc said on Wednesday it had begun an international investment arbitration against the Indian government in a more than $2 billion tax dispute, after the two sides failed to find a solution through talks. Vodafone said it filed the arbitration on
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LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.
In a
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Legal & General Group, up 3.2%. The group said it expects to write more
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.
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COMPANIES
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HSBC Holdings PLC reported a 20% drop in first-quarter pretax profit driven by a poor performance in its heartland of Asia, p
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,784.08 -0.29% FTSE 100 6,774.00 -0.36% FTSE 250 15,870.07 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read more- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,785.10 -0.25% FTSE 100 6,779.09 -0.29% FTSE 250 15,870.62 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read moreVodafone and French telecoms peer SFR have agreed to renew their strategic global alliance partnership for a further four years. The non-equity partner market agreement will see the two companies continue to provide fixed and mobile telecoms services to multinational customers in France as well as
Read moreLONDON (Alliance News) - Vodafone PLC said Wednesday that it has renewed its strategic global alliance with French telecommunications firm SFR. The renewed deal is for a further four years and will see the companies continue to provide fixed and mobile telecommunications services to multi-n
Read moreLONDON (Alliance News) - Shares have opened lower Wednesday amid continued concerns about the deteriorating situation in Ukraine and some disappointing data from China and Europe.
In his last annual results presentation as Sainsbury's chief executive, Justin King re
(Repeats to additional subscribers, no change to text) * Merger delayed by tax, regulatory approvals * Publicis, Omnicom lost a string of contracts in April * Big Samsung contract also under review * Rivals seek to poach firms' top talent By Kate Holton, Jennifer Sab
Read more(Repeating to additional subscribers) * Merger delayed by tax, regulatory approvals * Publicis, Omnicom lost a string of contracts in April * Big Samsung contract also under review * Rivals seek to poach firms' top talent By Kate Holton, Jennifer Saba and Leila Abbou
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