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PRAGUE, March 14 (Reuters) - British retailer Tesco and Telefonica Czech Republic will launch a mobile phone service in the central European country, the companies said on Thursday. Tesco Mobile will use Telefonica's existing telecoms infrastructure and Tesco's 232 stores across the count
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Strong gains from Aggreko, Morrison, Ocado and Home Retail pushed UK stocks higher on Thursday morning offsetting weakness in the heavyweight mining sector, as traders awaited the start of the EU summit and economic data from the States later on. US banking giant Goldman Sachs yesterday hiked its n
Read moreBy Nick Mulvenney MELBOURNE, March 14 (Reuters) - British mobile phone operator Vodafone will end its seven-year title sponsorship of McLaren at the end of the 2013 season, the company and Formula One team said on Thursday. Vodafone said the sponsorship, which started in 2007 and was
Read moreStrong gains for Prudential, Morrison and Aggreko helped push London's benchmark index into positive territory on Thursday morning, as traders showed optimism following recent bullish forecasts. US banking giant Goldman Sachs hiked its near-term target prices for the FTSE 100, saying that the index
Read moreTelecoms giant Vodafone has said that as a result of its global sponsorship review it is now planning to increase its focus on delivering an enhanced approach to customer engagement, founded on a new, Vodafone-owned marketing platform, to be developed and implemented throughout 2013. As part of th
Read moreAccording to The Independent, mining firm BHP Billiton is facing a corruption inquiry on speculation that it allegedly provided 'inducements, hospitality and gifts' to Chinese officials at the Beijing Olympic and Paralympic Games in 2008. The paper says that BHP could be hit with a multimillion-doll
Read moreMELBOURNE, March 14 (Reuters) - British mobile operator Vodafone will end its seven-year title sponsorship of Formula One team McLaren at the end of 2013, the team said on Thursday. "Having met and exceeded all the highly ambitious targets that Vodafone had set for its title partnership wit
Read moreMarch 14 (Reuters) - British mobile operator Vodafone is set to end its long-running sponsorship of the Formula One team McLaren following a review of marketing strategy, The Financial Times reported on Thursday, citing a Vodafone spokesman who confirmed the decision. The Financial Times r
Read moreBy Clare Kane and Kate Holton MADRID/LONDON, March 13 (Reuters) - Orange and Vodafone will invest up to 1 billion euros ($1.3 billion) in a joint fibre optic network in Spain that will bring superfast Internet to 6 million homes, the telecom rivals said on Wednesday. Both companies a
Read moreNEW DELHI, March 13 (Reuters) - India has asked the country's top five telecommunication carriers to pay a combined 18.42 billion rupees ($339 million) in additional fees after a government audit found they had under-reported revenues over two financial years, a minister said, although the compan
Read moreVodafone Spain has signed an agreement with fellow telecoms company Orange to co-invest in street-level 'fibre', a type of horizontal infrastructure, in the country. Although the fibre will be owned independently, the companies will share the same technical specifications to ensure compatibility a
Read moreBy John Wasik CHICAGO, March 11 (Reuters) - Despite all the evidence to the contrary, I am bullish on John Bull. Although Britain's economy is struggling, it may be poised for a decent long-term rebound, but not for the usual reasons. The struggles are evidenced by recent news out of
Read moreNEW YORK, March 8 (Reuters) - T-Mobile USA, the fourth biggest U.S. mobile service provider, said on Friday that it would start selling the highly anticipated and much delayed BlackBerry Z10 touchscreen smartphone to its business customers on March 11. The U.S. unit of Deutsche Telekom said
Read moreThe FTSE 100 registered its highest closing price in over five years on Friday after a key indicator of the US labour market smashed expectations. However, the figures failed to give stocks a boost in afternoon trade as investors pondered whether the data is strong enough to prompt the Federal Rese
Read moreMarkets maintained their positive bias on Friday morning as traders showed confidence ahead of a key reading of labour-market strength in the US later on, the February employment report. Increased risk appetite in London meant that financial stocks were leading the way higher today. Expectations r
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