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Vodafone cuts dividend amid falling revenue

Bloomberg Vodafone Group Plc’s dividend has cracked under the strain of falling revenue, soaring spectrum costs and a $21 billion acquisition, in a grim reality check for Europe’s struggling phone industry. The region’s biggest telecom carrier slashed its full-year dividend by 40% to 9 euro cents per share, reversing Chief Executive Officer Nick Read’s goal to keep the payout unchanged. ...

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Dutch economy up 0.5% in Q1, topping forecast

Bloomberg Economic growth in the Netherlands came in better than economists forecast in the first quarter, adding to the run of recent good numbers from the euro area. The first-quarter performance saw the region’s fifth largest economy grow 0.5% compared with the previous three months. That was just ahead of the 0.4% median forecast of economists. Expansion in the 19-nation ...

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Apple must face iPhone app antitrust suit, top court rules

Bloomberg Consumers can press ahead with a lawsuit that accuses Apple Inc. of using its market dominance to artificially inflate prices at its App Store, the US Supreme Court ruled. The 5-4 decision could add to pressure the company faces to cut the 30% commission it charges on app sales. Lawyers pressing the case have said they will seek hundreds ...

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