Vodafone Group Confirms Margherita Della Valle As Group CEO

Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

British telecom major Vodafone Group Plc announced a 10-year strategic partnership with tech major Microsoft Corp. with a view to provide generative AI, digital and cloud services to customers. The move will help Vodafone to offer scaled digital platforms to more than 300 million businesses, public sector organisations, and consumers across Europe and Africa using Microsoft's generative AI.

RTTNews | 617 dias atrás

Vodafone FY23 Adj. EBITDAaL Down, Sees Broadly Flat Result In FY24; Stock Dips

Shares of Vodafone Group Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on Nasdaq after the British telecom major reported Tuesday lower adjusted EBITDAaL, a key earnings metric, in its fiscal 2023. This was despite reporting significantly higher net profit, largely reflecting a gain on disposal of Vantage Towers.

RTTNews | 862 dias atrás

Vodafone H1 Profit Weak, Cuts FY23 View; Plans Cost Cutting; Stock Down

Shares of Vodafone Group Plc were losing around 5 percent in the morning trade in London as well as in the pre-market activity on Nasdaq after the British telecom major reported Tuesday weak profit in its first half with lower revenues. For fiscal 2023, the company now projects adjusted EBITDAaL at at the lower end of original guidance. The company also announced a new cost savings target

RTTNews | 1044 dias atrás

Czech Central Bank Holds Rate Steady At 3.5% On Rising Inflationary Risks

The Czech National Bank left its key interest unchanged for a third policy session in a row as policymakers assessed that inflation is set to remain elevated for the rest of the year, ruling out further easing.

RTTNews | 43 minutos atrás

U.S. Mortgage Applications Growth Slows

U.S. mortgage applications grew at a modest pace in the week ended September 19 following a surge in the previous week, survey data from the Mortgage Bankers Association showed on Wednesday.

RTTNews | 1h 26min atrás

U.S. New Home Sales Unexpectedly Skyrocket To Three-Year High In August

A report released by the Commerce Department on Wednesday showed new home sales in the U.S. unexpectedly skyrocketed to their highest level in well over three years in the month of August. The Commerce Department said new home sales soared by 20.5 percent to an annual rate of 800,000 in August after slumping by 1.8 percent to a revised rate of 664,000 in July.

RTTNews | 1h 27min atrás

Bay Street Likely To Open Slightly Higher

Modestly higher futures point to a slightly positive start for the Canadian market on Wednesday. However, uncertainty about further interest rate cuts by the Fed this year, and worries about valuations may render the mood cautious and limit market's upside.

RTTNews | 3h 40min atrás

U.S. Dollar Extends Rise Amid Fed Chair Powell Comments

The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.

RTTNews | 3h 57min atrás

EURUSD	1.17405	GBPUSD	1.34462	AUDUSD	0.65846
USDJPY	148.728	USDCAD	1.38964	USDCHF	0.79521