The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters LONDON — European stocks are heading for a higher open Wednesday, rebounding as investors await commentary on the inflation and interest rate outlook from the U.S. Federal Reserve. The regional Stoxx 600 index closed in the red on Tuesday, snapping a strong run that … Read more
A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023. Hollie Adams | Bloomberg | Getty Images LONDON — Shares of BT Group surged Thursday after the firm announced a target of a further £3 billion ($3.8 billion) in cost savings. BT shares were up 14.9% … Read more
You probably remember mobile operators raving about the promise of 5G several years ago. Now, they’re getting excited about a new upgrade: 5G Advanced. Angel Garcia | Bloomberg | Getty Images BARCELONA, Spain — Telecom operators haven’t yet finished rolling out 5G wireless mobile networks. And yet bosses of major carriers are already talking about … Read more
The BT Tower, pictured on October 24, 2023 in London, England. Matt Cardy | Getty Images News | Getty Images LONDON â British telecoms group BT said Wednesday it had agreed to sell London’s iconic BT Tower â once an important piece of network infrastructure â to developer MCR Hotels for £275 million ($346.6 million). … Read more
