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 | 594天前

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 | 839天前

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 | 1021天前

Indian Rupee Declines To Record Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, with larger economic challenges and increased worries about further U.S. taxes on Indian imports.

RTTNews | 21分钟前

UK Mortgage Approvals Rise To 6-Month High

UK mortgage approvals increased to the highest in six months in July but secured lending decreased to a two month low, official data showed Monday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 800 to 65,400 in July, the Bank of England said. This was the highest total since January, when approvals hit 65,775. Approvals were forecast to drop to 64,000.

RTTNews | 30分钟前

FTSE 100 Up Marginally; BAE Systems, Tesco Among Prominent Gainers

The U.K. market is somewhat subdued a little past noon on Monday, having pared modest early gains as investors, awaiting fresh signals, remain a bit wary of making significant moves.

RTTNews | 54分钟前

Eurozone Manufacturing Growth At 38-Month High

The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash

RTTNews | 1小时11分钟前

CAC 40 Up Slightly In Cautious Trade

French stocks are up slightly in cautious trade on Monday as the focus remains on the upcoming confidence vote on French Prime Minister Francois Bayrou's government. Investors, digesting the latest batch of regional economic data, are also awaiting the crucial U.S. non-farm payroll data due later in the week.

RTTNews | 1小时48分钟前

EURUSD	1.17084	GBPUSD	1.35299	AUDUSD	0.65514
USDJPY	147.199	USDCAD	1.37514	USDCHF	0.801