Britain’s biggest telecoms provider, BT Group Plc, has been having a terrible time of it lately. Its shares are the fourth-worst performer on the FTSE 100 so far this year, and the worst among European industry peers. On Friday, it reported financial first-quarter results that reveal how hard it will be to change investors’ minds about its prospects. While the ...

Facebook has warned for months that its runaway train of revenue growth is running out of steam. The company showed on Wednesday that it is laying new track as fast as it can. Facebook continues to be one of the fastest growing and most profitable tech companies in the world. Revenue rose 45% in the second quarter, the company said ...

DUBAI / Reuters Disappointing second-quarter results from large cap Saudi Arabian companies were the main drag on the local index on Sunday, while neighbouring bourses were mostly weak. The Riyadh index fell 0.8 percent as the largest petrochemical maker Saudi Basic Industries (SABIC) lost 1.3 percent after it reported a second-quarter net profit of 3.71 billion riyals ($989.3 million), below ...