Edition:
India

Paul Sandle

Software firm Sage's profit dips on cloud investment

2:54pm IST

LONDON British software company Sage reported a 13% drop in full-year organic operating profit to 432 million pounds ($558 million) on Wednesday as its margin was squeezed by increased investment in its cloud and subscription products.

UPDATE 1-UK software firm Sage's profit dips on cloud investment

2:52pm IST

LONDON, Nov 20 British software company Sage reported a 13% drop in full-year organic operating profit to 432 million pounds ($558 million) on Wednesday as its margin was squeezed by increased investment in its cloud and subscription products.

Explainer: What's behind Labour's plan to overhaul BT and the British broadband network?

15 Nov 2019

Britain's opposition Labour Party says if it wins the Dec. 12 election it will nationalise BT's broadband network and provide free internet for all within a decade, a radical election pledge to roll back decades of private ownership.

UK's Labour plans high-speed connection to voter hearts with BT nationalization

15 Nov 2019

LONDON Britain's opposition Labour Party plans to nationalize BT's broadband network to provide free internet for all if it wins power, making a radical election pledge to roll back 35 years of private ownership that caught both the company and its shareholders by surprise. | Video

Explainer: What's behind Labour's plan to overhaul BT and the British broadband network?

15 Nov 2019

Britain's opposition Labour Party says if it wins the Dec. 12 election it will nationalize BT's broadband network and provide free internet for all within a decade, a radical election pledge to roll back decades of private ownership.

Burberry's new designs prove a hit, make up for Hong Kong woes

14 Nov 2019

British luxury brand Burberry said on Thursday the popularity of collections by its new chief designer Riccardo Tisci helped the group make up for lost sales in Hong Kong in the first half and it was sticking with year-end targets. | Video

UPDATE 2-Burberry's new designs prove a hit, make up for Hong Kong woes

14 Nov 2019

* Now expects 2019-20 gross margin to be down 150 basis points

Takeaway CEO says does not want to overpay in $5.5 billion Just Eat bid

14 Nov 2019

BARCELONA/AMSTERDAM The chief executive of food ordering company Takeaway.com on Wednesday said he did not want to overpay as his company pursues an agreed merger with Britain's Just Eat , despite a higher unsolicited offer from rival Prosus .

Takeaway CEO has no plans to raise $5.5 billion Just Eat bid

13 Nov 2019

BARCELONA/AMSTERDAM Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain's Just Eat, despite a higher unsolicited bid from larger rival Prosus.

Situation critical: Vodafone's future in India in doubt after court ruling

12 Nov 2019

LONDON Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgment over licence fees resulted in a 1.9 billion euro group loss in its first half. | Video

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