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Sprint, T-Mobile all set for merger

Bloomberg Sprint Corp. and T-Mobile US Inc. are putting the finishing touches on a merger that’s likely to be announced when the wireless carriers report quarterly earnings at the end of October, according to people familiar with the matter. Both sides are conducting final due diligence to decide on the exchange ratio that will determine Sprint’s valuation, said the people, ...

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Nate downgraded to tropical storm

Bloomberg Tropical Storm Nate was heading inland over the southern US states of Mississippi and Alabama after the National Hurricane Center downgraded it from a Category 1 hurricane, the latest in an unusually ferocious storm season that’s racked up billions in damages. With top winds of 70 miles per hour, Nate was moving north-northeast at 23 mph, the hurricane centre ...

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‘Brexit staff shortage drives salaries higher’

Bloomberg A Brexit-driven decline in the availability of staff and surging demand for workers are pushing up starting salaries, according to Markit and the Recruitment and Employment Confederation. The availability of permanent candidates declined at the fastest pace in four months in September, according to a report published. Net migration to the UK has fallen to a three-year low after ...

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