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  • *New Delhi also needs overseas investment to boost growth. MUMBAI, Sept 4- India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds and companies, as the country seeks to repair an image dented by high-profile tax battles. The new, consensual approach marks a sharp change for a...

  • NAIROBI, Aug 20- Kenya's telecoms regulator said on Thursday that new regulations to prevent large firms abusing their dominant position in the sector are not targeted at Safaricom, the country's biggest operator, or any other company. He denied media reports that the regulations were targeted at Safaricom, which is 40 percent- owned by Britain's Vodafone.

  • *Bharti Airtel, Vodafone, Idea given provisional nod for payments bank. MUMBAI, Aug 19- India's leading mobile phone network operators Bharti Airtel Ltd and Vodafone India are among the 11 companies selected by the country's central bank to help set up "payments banks," aimed at granting millions of citizens access to basic banking. Energy-to-telecoms...

  • Google launches Wi-Fi router for home use Tuesday, 18 Aug 2015 | 5:01 PM ET

    Aug 18- Google Inc launched a Wi-Fi router on Tuesday, the latest move in the company's efforts to get ready for the connected home and draw more users to its services. The cylinder-shaped router, named OnHub, can be pre-ordered for $199.99 at online retailers including the Google Store, Amazon.com Inc and Walmart.com. The product launch comes days after Google...

  • *Egypt wants 50 percent Internet penetration by end-2016. CAIRO, Aug 16- Egypt is looking to add 500,000 new Internet users by the end of 2015 and increase its internet penetration rate to 50 percent from 34 percent by the end of 2016, communication minister Khaled Ali Negm said. Egypt will also begin offering 4 G mobile services in the first quarter of 2016 and...

  • FRANKFURT/ HELSINKI, Aug 10- Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

  • *Vimpelcom's Wind and Hutchison's 3 Italia to merge. MILAN/ PARIS, Aug 6- Vimpelcom and Hutchison have agreed to combine their Italian mobile operations in a long-awaited deal that would cut the number of players in Europe's fourth-largest telecom market to three from four. Vimpelcom shares jumped 3 percent at the New York open as investors welcomed a deal that...

  • *Vimpelcom's Wind and Hutchison's 3 Italia to merge. MILAN/ PARIS, Aug 6- Vimpelcom and Hutchison have agreed to combine their Italian mobile operations in a long-awaited deal that would cut the number of players in Europe's fourth-largest telecom market to three from four. Vimpelcom shares jumped 3 percent at the New York open as investors welcomed a deal that...

  • MILAN/ PARIS, Aug 6- Vimpelcom and Hutchison have agreed to combine their Italian mobile operations in a 50-50 joint venture in a long-awaited deal to consolidate Europe's fourth-largest telecom market. The merger will combine Vimpelcom's WIND Telecommunicazioni, the country's third-largest mobile network operator, with fourth-placed 3 Italia, reducing...

  • BOSTON, Aug 6- Some of the U.S. state and county-run investment pools that oversee more than $200 billion in local government cash are loading up on riskier corporate debt to produce yields that outpace the industry average by many times over, according to a Reuters analysis of their financial disclosures. "I don't want to call it the Wild Wild West, but it sure seems...

  • LONDON/ MILAN, Aug 4- Russia's Vimpelcom and Hong Kong's Hutchison Whampoa are close to a deal to merge their Italian mobile phone businesses, sources close to the deal said. "Negotiations have become serious," a second source said, adding that Hutchison Managing Director Canning Fok had met with Vimpelcom counterparts in London several times this month.

  • The operator from northwest Spain was bought by Zegona, formed by Eamonn O'Hare and Robert Samuelson, who helped build up and then sell Virgin Media in 2013.. The deal is the fourth big telecoms deal in Spain in the last 18 months, after Vodafone bought Ono, Orange snapped up Jazztel and Euskaltel last week agreed an offer for R Cable. It will fund the acquisition with...

  • *Aggreko, SES issue profit warnings. "The consensus view does appear to now be for a slowdown in China, and this will subdue demand for the metals group in general," said Juliet Cohn, portfolio manager at Principal Global Equities, which manages more than $330 billion. Germany's DAX fell 1.5 percent, led by Germany's BASF, down 5 percent, after its earnings missed...

  • *Copper hits lowest since July 2009. NEW YORK, July 24- Metals prices hit multi-year lows, and stock markets and oil prices declined on Friday, as weaker-than-expected data from China and the euro zone exacerbated concerns over global economic growth. Adding to the bearish tone for Wall Street, Democratic presidential candidate Hillary Clinton is expected to...

  • UPDATE 2-Recovery takes hold at Britain's Vodafone Friday, 24 Jul 2015 | 9:21 AM ET

    LONDON, July 24- Vodafone said an acceleration in quarterly sales growth should continue through the year, showing its recovery is moving on to a stronger footing and boosting its shares on Friday. Shares in Vodafone were up 3.4 percent in afternoon trading, topping the FTSE 100 Index leader board. Vodafone, with 449 million customers around the world in markets...

  • European shares advance, Vodafone and Thales lead Friday, 24 Jul 2015 | 8:07 AM ET

    *Abengoa renews slump after volatile Thursday. LONDON, July 24- European shares advanced on Friday, with well-received earnings updates from companies such as telecom major Vodafone and defense group Thales supporting the market. Shares in Vodafone rose 4.2 percent, adding the most points to an advance on the pan-European FTSEurofirst 300 index, after...

  • LONDON, July 24- Metal prices hit multi-year lows on Friday as weaker-than-expected data from China and the euro zone raised concerns about global growth, but the U.S. dollar rose on the prospects of a Federal Reserve interest rate hike. Copper fell to its lowest level since 2009 after a survey showed Chinese manufacturing contracted by the most in 15 months in...

  • European shares turn higher, led by Vodafone, Thales Friday, 24 Jul 2015 | 5:00 AM ET

    *Abengoa renews slump after volatile Thursday. LONDON, July 24- European shares turned higher on Friday as investors chewed over mixed earnings updates, getting support from well-received updates from Vodafone and Thales. British telecom firm Vodafone rose 3.7 percent, adding the most points to an advance on the pan-European FTSEurofirst 300, after results...

  • Vodafone sales better than hoped as 4G plans grow Friday, 24 Jul 2015 | 2:39 AM ET
    Attendees visit the Vodafone Group pavilion at the Mobile World Congress in Barcelona, Spain, March 4, 2015.

    Cable TV acquisition in its biggest market, Germany, lifted sales and consolidated the overall return to growth for the British firm.

  • LONDON, July 24- Vodafone reported an acceleration in its main quarterly sales growth on Friday as a cable TV acquisition in its biggest market Germany helped to lift sales and consolidate an overall return to growth for the British firm. Vodafone said organic sales in Germany, where Vodafone is battling against the incumbent Deutsche Telekom, were down 1.2...