Bloomberg Vodafone Group Plc shares jumped 7.1 percent after the mobile phone company’s new chief executive unveiled stro-nger than expected results in a fiercely competitive market and kept the dividend stable while he tries to rein in debt. Investors were already bracing for CEO Nick Read to end Vodafone’s policy of constant dividend growth after the $22 billion takeover over ...

Bloomberg UK wage growth accelerated to a near 10-year high, backing the Bank of England’s view that there is now no spare capacity in the labour market. Average earnings excluding bonuses rose 3.2 percent in the three months through September from a year earlier, the most since December 2008, the Office for National Statistics said on Tuesday. Unemployment unexpectedly rose ...

Bloomberg In a world where iPhone demand is on the wane, Apple Inc. has a Plan B. As customers wait longer between upgrades and the smartphone market saturates, Apple can fall back on charging higher prices for each handset and raking in more money from services such as streaming music, digital videos and data storage. But there’s no back-up for ...

Bloomberg Thirteen undeclared North Korean missile operating bases were identified in a new report, undermining the Trump administration’s claims that its outreach to Pyongyang is making progress in getting Kim Jong-un’s regime to give up its nuclear weapons programme. The 13 sites are among an estimated 20 bases, small and dispersed across the country, that are believed to have underground ...

Bloomberg President Donald Trump said he suggested driving to a French cemetery for a World War I commemoration that he skipped over the weekend but he blamed the Secret Service for blocking that idea after his helicopter was unable to fly due to weather conditions. “By the way, when the helicopter couldn’t fly to the first cemetery in France because ...

Bloomberg No stranger to gaffes, Romania’s prime minister is perhaps best known for one particularly glaring slip of the tongue not long into her tenure. Addressing colleagues at a government meeting in May — as well as a live online audience — Viorica Dancila proudly declared that “we’re reducing democracy.” Despite quickly correcting that last word to “bureaucracy,” the Internet ...

Bloomberg President Donald Trump’s hardening line on immigration sets him on a collision course with House Democrats that is likely to shape the next presidential campaign. Trump’s first move following midterm elections in which he stoked fears of undocumented immigrants was to restrict asylum claims by people who illegally cross the US-Mexico border. He has also promised to try to ...

Bloomberg The convicted former prime minister of the Republic of Macedonia said he has fled to Hungary and applied for political asylum there, challenging Prime Minister Viktor Orban’s balancing act between mainstream European politics and its nationalist fringe. Orban faces a tough decision. He can grant asylum to Nikola Gruevski, the Macedonian leader who escaped to Hungary to avoid starting ...

America’s body politic has recently been scarred by excruciating political shingles, and 2018 campaigning was equivalent to acid reflux. But the elections indicated that some political antibodies are strengthening the nation’s immune system. November 6 was, on balance, deflating to Democrats, who learned — or perhaps not — that despising this president, although understandable, is insufficient. His comportment caused his ...

With Black Friday just around the corner, retailers are revealing their tactics for vacuuming up consumers’ holiday gift dollars. And with this year’s playbook, Amazon.com Inc. — often vaunted as the industry’s pacesetter — is surprisingly taking some cues from the old guard. The e-commerce giant’s first print toy catalog started making its way to shoppers’ mailboxes this week. Yes, ...