(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of US inflation data which is due out later this week. Read More
(Alliance News) - Bharti Global on Monday said it has reached an agreement to buy a large stake in BT Group PLC from Altice UK, sending shares in the London-based telecommunications operator upwards. Read More
(Alliance News) - Stocks in London are called to open higher, as some calm spreads over markets a week after the global sell-off which shook investors. Read More
(Alliance News) - Vodafone Group PLC and Three will have to wait longer before finding out if a GBP15 billion planned merger has the seal of approval from the UK's competition regulator. Read More
WPP PLC - London-based advertising agency - Picks Philip Jansen to be its next non-executive chair. Jansen was chief executive of telecommunications provider BT Group PLC from 2019 until this past February. Prior to BT, he was CEO of payments firm Worldpay and of food wholesaler Brakes Group. He also has worked for US personal and home care products firm Procter & Gamble Co. Jansen will join the board on September 16 and replace Roberto Quarta on January 1. Read More
(Alliance News) - BT Group PLC on Thursday touted progress in its fibre roll-out, but said legacy issues and pressures in its Business and Consumer units meant revenue fell. Read More
(Alliance News) - BT Group PLC was "ill-prepared to respond to a catastrophic failure of its emergency call handling service last summer," the UK telecommunications industry regulator said on Monday, as it slapped a GBP17.5 million fine on the FTSE 100 company. Read More
(Alliance News) - London's FTSE is called to open higher on Monday, with focus firmly on the US ahead of some crucial data later this week, and for now, political developments. Read More
(Alliance News) - The former chief executive officer of BT Group PLC is leading a possible takeover offer for pest control firm Rentokil Initial PLC, the Times reported on Sunday. Read More
(Alliance News) - M&C Saatchi PLC on Friday announced that Chief Financial Officer Bruce Marson will step down from the board at the end of the month, reverting to the position of deputy CFO. Read More
(Alliance News) - Stock in Europe headed lower on Thursday at midday, as markets digest the latest interest rate decision from the US Federal Reserve. Read More
BT Group PLC - London-based telecommunications provider - Grupo Financiero Inbursa SAB de CV, the Mexico City-based investment vehicle of multi-billionaire Carlos Slim has bought a 3.2% stake in BT, crossing that ownership threshold on Thursday last week, according to a stock exchange disclosure on Wednesday. Among his many business interests, Slim is chair of America Movil, which has telecommunications operations throughout Latin America. Read More