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BONN, Germany, June 26 (Reuters) - The German cartel office said it would have to examine very closely further consolidation plans in the country's cable market, which is currently witnessing a takeover battle for Kabel Deutschland. The 3.16 billion euro ($4.13 billion) takeover of smaller
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The FTSE 100 rebounded strongly with a 1.2 per cent jump on Tuesday after coming close to its 2013 low the day before, as concerns over a liquidity crunch in China and reduced stimulus in the US eased, for the time being at least. London's benchmark index finished the session up 73 points at 6,102,
Read moreLONDON, June 25 (Reuters) - Britain's consumers, rather than its politicians, are more likely to bring about change in the country's taxation regime, the boss of its third-largest grocer J Sainsbury said on Tuesday. Several companies, including Google and coffee chain Starbucks have faced c
Read moreThe FTSE 100 rebounded strongly on Tuesday morning after falling to a fresh five-month low the day before, as policymakers from China and the US spoke out to downplay fears that have sparked market volatility over recent weeks. Renewed concerns over a slowdown in China and ongoing worries about a s
Read moreUK markets opened with decent gains on Tuesday morning, rebounding after having closed at levels not seen since early January the day before. Renewed concerns over a slowdown in China and ongoing fears about a scaling back of stimulus in the States prompted another steep sell-off across global equ
Read moreJune 25 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has placed Vodafone Group Plc's 'A-' Long-term Issuer Default Rating (IDR) on Rating Watch Negative, following the announcement of its intentions to acquire Kabel Deutschland Holding (KD) in an off
Read moreJune 25 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has placed Kabel Deutschland Vertrieb und Service GmbH's (KDG) 'BB' Long-term Issuer Default Rating (IDR) on Rating Watch Positive (RWP) following Vodafone Group Plc's (A-/Rating Watch Negative) an
Read moreAfrican Barrick Gold: Morgan Stanley reduces target price from 200p to 140p, while leaving its equal-weight rating unaltered. Deutsche Bank lowers target price from 153p to 137p leaving its hold recommendation unchanged. African Minerals: Deutsche Bank lowers target price from 586p to 570p, while k
Read more* Proposes auction process to start in 2014 * Early auction could put pressure on balance sheets * Telecom operators had asked for delayed auction By Harro Ten Wolde FRANKFURT, June 24 (Reuters) - Germany's telecoms regulator wants an early auction of mobile frequencies to
Read moreMarkets suffered another heavy sell-off on Monday, sending the FTSE 100 to levels not seen since the start of the year, as concerns over a slowdown in China and last week's Federal Reserve policy meeting continuing to hit markets across the globe. London's FTSE 100 finished the day down 87 points,
Read moreMining stocks were again bearing the brunt of the market-wide sell-off on Monday on concerns over slowing growth in China after Goldman Sachs cut its growth forecasts for the powerhouse for this year and the next. Vedanta, Antofagasta, Glencore Xstrata and Anglo American were all registering moderat
Read moreFRANKFURT, June 24 (Reuters) - The German telecoms regulator wants an early auction of mobile spectrum, expiring end-2016, to make sure demand for growing wireless telecom services is being met, it said on Monday. In a document published on its website the regulator said it was planning to
Read moreBy Clare Kane MADRID, June 24 (Reuters) - Big business is taking advantage of recession-hit Spain's hunger for cash, striking advertising deals for landmarks that have seen a Christopher Columbus statue dressed in a Barcelona soccer shirt and a metro station named after a telecoms company.<
Read moreAfter a bright start, the FTSE 100 had sunk sharply into the red by Monday lunchtime with the index having nearly erased all of the impressive gains made since the start of the year. The Footsie was trading 1.05% lower by midday at around 6,052, compared to an intraday high of 6,132 reached early o
Read moreInvestec has upped its recommendation for part-nationalised bank Royal Bank of Scotland from 'sell' to 'hold', saying that the stock is 'marginally oversold' after the steep sell-off over recent sessions. "Given increased political disarray, despite deep 'valuation support', we do acknowledge the p
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