Bloomberg Deutsche Telekom AG posted higher operating profit in the first quarter, propelled by forecast-beating US growth that’s making up for slower momentum back home in Germany, where Europe’s biggest phone company faces emerging competitive threats. Adjusted earnings before interest, tax, depreciation and amortisation after leases grew 8.3% to 5.94 billion euros ($6.65 billion). The figure, which eliminates accounting changes ...

Bloomberg BT Group Plc’s new boss Philip Jansen kept the phone company’s dividend in the face of declining profits while committing to the turnaround begun by his predecessor. Jansen said earnings would fall this year and BT needed to be “more competitive” as he laid out plans to accelerate a fibre network rollout. The dividend pledge was a relief for ...

Bloomberg Traders who lived through the 1980s US farm crisis have a good reason to be skeptical of President Donald Trump’s new plan to help growers. That’s because they question whether the US would really be able to ship all of the $15 billion in potential federal farm-good purchases as humanitarian aid to poor countries. Instead, they suspect the government ...