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With market sentiment still fragile following the heavy sell-off of the past two days, defensive sectors were thriving on Friday as investors refrained from taking risk ahead of the long weekend. Concerns about a scaling back of stimulus in the US and a slowdown in China saw the FTSE 100 drop 2.1%
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* Findings could affect debate in Brussels on telco reforms * Mobile prices much higher in markets dominated by major telcos * Challenger operators in France, Nordics push down prices for all * Study compared smartphone tariffs in 27 countries PARIS, May 22 (Reuters) - Sma
Read moreFRANKFURT, May 22 (Reuters) - German software company SAP is looking to recruit people with autism as programmers and product testers, drawing on skills that can include a close attention to detail and an ability to solve complex problems. SAP has asked start-up Danish recruitment company
Read moreDespite the falls evident in yesterday´s quarterly results, in what has traditionally been its main performance metric -organic service revenues - any weakness in Vodafone´s share price looks like it would be a buying opportunity, says The Times´s Tempus. Above all, it is hard to see how the situati
Read moreMay 22 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 0.35 percent up and the MSCI-Asia Pacific index excluding Japan is 0.1 percent higher. * Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-
Read more* Colao says "very comfortable" with Verizon stake * Will keep hold of latest Verizon payout * Posts biggest-ever fall in key sales figure * FY EBITDA 13.3 billion stg vs f'cast 13.2 billion * Shares up 0.7 percent By Kate Holton and Paul Sandle LONDON, May 21
Read moreWell-received results from a number of FTSE 100 heavyweights and a sharp drop in consumer-price inflation in the UK lifted London's benchmark index to fresh multiyear highs on Tuesday. The Footsie finished at a closing price of 6,803.87 (up 0.7% on the day), trading at levels not seen in over a dec
Read moreStocks held on to 12-year highs on Tuesday morning as a sharp drop in consumer-price inflation lifted the outlook for the UK economy. Helping to keep markets in positive territory this morning was falling inflation in the UK. The rise in consumer prices slowed sharply from an annual rate of 2.8% to
Read moreNEW DELHI, May 21 (Reuters) - A planned initial public offering of Vodafone Group Plc's Indian unit is unlikely this year, the unit's Chief Executive Marten Pieters said in New Delhi on Tuesday. Pieters said the company will wait for clarity on rules around airwaves and cellular permits bef
Read moreMADRID, May 21 (Reuters) - More than half a million Spaniards switched mobile phone operator in March to take advantage of the cheap deals on offer from competitors, with the market's main players Telefonica and Vodafone the biggest losers. In the first three months of the year more than 1
Read moreMarkets were trading within a narrow range on Tuesday morning after finishing at 12-year highs the day before, as traders consider how much further the impressive year-to-date rally has to go. The FTSE 100 finished at 6,755.63 on Monday afternoon, a level not seen since September 2000, while other
Read moreFinal results from Vodafone were hit by weak European markets, leading to the company deciding to reinvest the bumper dividend it received from Verizon Wireless. The group only registered an increase in profits due to its 45% share in Verizon Wireless (VZW), a joint venture with US telecoms giant
Read moreBy Lawrence Hurley WASHINGTON, May 20 (Reuters) - The U.S. Supreme Court on Monday ruled that the U.S. Federal Communications Commission has authority to try to speed up the process for installing wireless communications towers when local governments have been slow to act. The case hi
Read moreMarks & Spencer (M&S) and Vodafone are expected to make waves Tuesday when they release their full-year results. Analysts forecast M&S will report its lowest annual profit in four years, as the retailer's struggling general merchandise division continues to offset a rise in food sales. The firm's
Read moreVodafone has bowed out of negotiations to provide a mobile service to fixed-line operator BT Group, Reuters reported Monday. Vodafone has provided BT with mobile services for the past nine years but was in the running for a new agreement. Talks over the contract were dropped after Vodafone acquire
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