LONDON, June 17- European shares recovered on Monday as talk of takeover activity in the telecoms sector helped stock markets claw back losses suffered in the previous week. The STOXX Europe 600 Telecoms Index was the best-performing sector, rising 1.6 percent after speculation that AT&T was interested in Spain's Telefonica, which was denied by Telefonica.
The European telecoms index, up 2.2 percent, topped the gainers' list, helped by a 2.9 percent rise in Telefonica after a newspaper report that the Spanish government had blocked a 70 billion euro tender offer from U.S. company AT&T.
*Telecoms up, Telefonica rises on M&A talk. The telecoms sector rose 1.6 percent, helped by a 2.7 percent rise in Spanish telecoms company Telefonica after a report in newspaper El Mundo that the government had blocked a 70 billion euro tender offer from AT&T for the company.
The sector rose 1.6 percent, helped by a 2.2 percent rise in shares of Spanish telecoms company Telefonica after a report in newspaper El Mundo that the government had blocked a 70 billion euro tender offer from AT&T for the company.
MADRID, June 17- Telefonica said on Monday it had not received any indication of interest from AT&T, following a Spanish newspaper report that the government had halted a 70 billion-euro offer from the U.S. company.
*Vodafone could pay for deal with existing resources. *Vodafone shares ex-div, Kabel Deutschland hit new high. LONDON/ FRANKFURT, June 12- British mobile firm Vodafone has approached Kabel Deutschland about a bid for Germany's biggest cable operator that could top 7 billion euros and help fend off competition in its most important European market.
MEXICO CITY, June 10- As Mexico gets ready to unleash a battery of regulations to curb the power of telecoms mogul Carlos Slim, the government is sending clear signals that it will not shy away from breaking up his business if necessary.
MADRID, June 7- Spain's CaixaBank has sold a 3.7 percent stake in Carlos Slim's Grupo Financiero Inbursa for 387 million euros to the Mexican billionaire's family, part of a move to shed assets and shore up capital. CaixaBank last month announced the plan to cut the stake as it attempts to strengthen its capital base.
*Ministers should have been told earlier- UK parlt cttee report. LONDON, June 7- China's Huawei Technologies Co Ltd should not have been allowed to become embedded in Britain's critical communications network infrastructure without the knowledge and scrutiny of ministers, lawmakers said on Thursday.
LONDON, June 6- China's Huawei Technologies Co Ltd should not have been allowed to become embedded in Britain's critical network infrastructure without the knowledge and scrutiny of ministers, lawmakers said on Thursday.
LONDON, June 6- China's Huawei Technologies Co Ltd should not have been allowed to become embedded in Britain's critical network infrastructure without the knowledge and scrutiny of ministers, lawmakers said on Thursday.
MILAN, May 29- Telecom Italia SpA's board is expected to give an initial nod to a plan to spin off its domestic fixed-line access network on Thursday, three sources familiar with the situation said. The operation is expected to be opposed by Spain's Telefonica SA, the largest investor in Telco, the shell company that controls Telecom Italia.
FRANKFURT, May 29- German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.
*Telecom Italia puts value of network at 13- 15 bln euros. MILAN, May 23- Telecom Italia has pushed to the end of the month a decision on whether to spin off its fixed-line access network, which is proving more complex than expected due to political and regulatory considerations.
*Repsol open to an out-of-court YPF compensation package. MADRID/ BUENOS AIRES, May 23- A year after Argentina seized the local business of Spanish oil firm Repsol, there seems little prospect of a quick deal on compensation despite signs that both sides would rather avoid a costly, drawn-out legal battle.
SAO PAULO, May 21- Spanish telecoms group Telefonica SA has put on hold plans to publicly list its Latin America unit, a senior executive said on Tuesday, but an IPO could be ready within a few months if the need arose.
MILAN, May 8- Telecom Italia delayed a decision on Wednesday on whether to seek a merger deal with Hutchison Whampoa, buying more time to win over its divided shareholders.
MADRID, April 30- Spain's Telefonica is selling 40 percent of its Central American business to Guatemalan-based Corporacion Multi Inversiones for $500 million in a drive to cut debt while keeping control of assets with potential to grow. For the deal, Telefonica will spin off the assets from Guatemala, El Salvador, Nicaragua and Panama into a new group.
MADRID, April 30- Spain's Telefonica has signed a deal to sell 40 percent of its assets in four Central American countries to Corporacion Multi Inversiones for $500 million, as part of its drive to cut debt.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."