Recent Posts

Vodafone squeezed in Egypt as partner turns rival

Reuters Vodafone Group Plc is getting squeezed in Egypt as its state-backed partner embarks on a solo push into wireless services — crowding the market with a fourth provider while potentially leaving its U.K.-based ally to fend for itself. To finance its own network, Telecom Egypt may sell its 45 percent stake in an existing venture with Vodafone, according to ...

Read More »

Iraq sets ceiling on oil production before Algeria meeting

  BAGHDAD / AP Iraq’s Oil Minister said his country supports any deal to prop up oil prices in the international market ahead of next week’s meeting of oil producers in Algeria, adding that fluctuating prices have badly affected the producers. Members of the Organization of the Petroleum Exporting Countries and non-OPEC producers are scheduled to meet Sept. 28 in ...

Read More »

Massive hack is yet another huge jolt to ailing Yahoo

  AFP The huge Yahoo hack deals a fresh blow to the internet pioneer which has been struggling to reinvent itself, potentially impacting the pending sale aiming at giving it a new start. The hack in late 2014 affecting some 500 million users worldwide, disclosed this week, could further erode confidence in the online giant which has been on a ...

Read More »
Send this to a friend