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Vodafone boosts outlook as data hungry users ditch Wi-Fi

Bloomberg Vodafone Group Plc reaped a payoff from its network build-out in Europe, taking the rare step of raising its profit forecast as customers choose costlier data plans. The shares rose after the carrier almost doubled its outlook for earnings growth and reported second-quarter results that beat expectations on strength in most markets. Vodafone is benefiting as consumers opt for ...

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UK inflation holds at 3 percent as cheaper fuel offsets rising food prices

Bloomberg UK inflation held at a 5 1/2-year high in October, as cheaper auto fuel offset the rising cost of food. Consumer prices rose 3 percent from a year earlier, the Office for National Statistics said on Tuesday. Economists had expected inflation to accelerate to 3.1 percent. It means Bank of England Governor Mark Carney has been spared having to ...

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Ads soon may stalk you on TV like they do on your Facebook feed

Bloomberg Targeted ads that seem to follow you everywhere online may soon be doing the same on your TV. The Federal Communications Commission (FCC) is poised to approve a new broadcast standard that will let broadcasters do something cable TV companies already do: harvest data about what you watch so advertisers can customise pitches. The prospect alarms privacy advocates, who ...

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