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Telecoms giant Vodafone on Thursday confirmed it was in discussions with Verizon Communications about the possible disposal of its stake in their joint venture, Verizon Wireless (VZW). The news sent Vodafone's stock to 12-year highs today. It is speculated that Vodafone could receive as much as $1
Read moreUK markets are expected to open slightly higher on Thursday, following in the footsteps of a decent finish on Wall Street the night before following weakness earlier on in the week. Markets have been pressured lower in recent days on concerns about a potential Western military intervention in Syria
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LONDON, Aug 29 (Reuters) - Vodafone stock hit a 12-year high on Thursday after the UK-listed telecom confirmed it was in talks to sell its 45 percent stake in a U.S. joint venture to partner Verizon Communications. At 0711 GMT, Vodafone's stock was up 8.3 percent at 205.01 pence, off a high
Read moreLONDON, Aug 29 (Reuters) - Vodafone on Thursday confirmed it was in discussions with Verizon Communications Inc regarding the possible disposal of its 45 percent stake in their U.S. joint venture Verizon Wireless. Reuters reported first in April that Verizon had hired advisers for a possib
Read moreAug 28 (Reuters) - Verizon Communications Inc and Vodafone Group Plc have restarted talks over a possible buyout of the British firm's stake in their U.S. wireless joint venture, the Wall Street Journal said, a deal that is expected to cost Verizon more than $100 billion. Verizon is in dis
Read moreFRANKFURT, Aug 28 (Reuters) - A Frankfurt court has handed Deutsche Telekom victory in a dispute over how much it charges Kabel Deutschland for the use of its cable ducts. Germany's largest cable operator, which is in the process of being bought by Vodafone, had filed a lawsuit against Deut
Read moreAug 22 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange down 0.96 percent, while the MSCI-Asia Pacific index excluding Japan falls 1.1 percent. * Asian markets were thrown a lifeline on Thursday when surprisingly strong data on China's huge manufacturing s
Read moreFRANKFURT, Aug 20 (Reuters) - The proposed tie-up of the German units of KPN and Telefonica will require close scrutiny by the German Cartel Office, the head of the antitrust watchdog said. "It is evident that such a combination would have a considerable impact on competition and will have
Read moreBRUSSELS, Aug 20 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Hong Kong-based Cheung Kong (Holdings) Ltd, Hutchison Whampao Ltd's Cheung Kong Infrastructure Holdings Ltd, Power As
Read moreHeavy falls from Wood Group, CRH and a host of miners were weighing on the FTSE 100 in early trading on Tuesday, pushing the index to levels not seen in over six weeks. London's benchmark index sunk by around 0.8% this morning, heading towards the 6,400 mark; the last time it closed lower was on Ju
Read moreBy Belinda Goldsmith LONDON, Aug 19 (Reuters) - Online social network Ask.fm said on Monday it would clamp down on bullying after coming under fire from child safety campaigners for a string of suicides in Britain that were linked to the website popular with teenagers. Earlier this mo
Read moreThe FTSE 100 was trading slightly lower on Monday morning with heavyweight mining stocks providing a drag as investors scaled back their appetite for risk. Markets were rangebound today with less than 30 points separating the FTSE 100's intraday low (6,477) and high (6,506). This follows the index'
Read moreThe FTSE 100 opened slightly lower on Monday morning as traders continue to speculate about the future of the Federal Reserve's quantitative easing programme. The weak start follows the London benchmark's second weekly decline in a row last week and the worst weekly performance on New York's Dow Jo
Read moreVodafone paid millions to Her Majesty's Revenue and Customs (HMRC) to settle a dispute over tax returns of its Irish subsidiary, The Guardian revealed. The telecom provider allegedly used an Irish unit to collect hundreds of millions of pounds a year in royalty payments from operating companies an
Read moreTesco is set to introduce its own tablet computer which is expected to be ready for Christmas loaded with books, films and music, The Times reported. Egypt's turmoil threatens to create a potential oil spike that could damage any nascent economic recovery, according to The Telegraph. JPMorgan Chas
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