Bloomberg BT Group Plc is proposing a 600 million-pound ($788 million) plan to bring faster Internet coverage to the rural UK, to be paid for by charges to other broadband users. The former phone monopoly’s Openreach wholesale division by 2020 would build connections enabling broadband download speeds of at least 10 megabits per second for almost all of the remaining ...

Bloomberg AT&T Inc. named three new divisional chiefs to lead the company when its $85.4 billion takeover of Time Warner Inc. closes later this year. As reported earlier by Bloomberg News, John Stankey, who ran AT&T’s DirecTV division, will supervise integration planning for the merger and lead the Time Warner businesses after the deal closes, the company said. John Donovan, ...

Bloomberg Since the financial crisis, it pays to be old in the UK. While the disposable incomes of retired households have risen 15 percent since 2008, for working households it’s been almost a decade of stagnation. Median UK household disposable income rose 5.7 percent to 27,170 pounds ($35,570) in the 12 months through March from its pre-crisis level, the Office ...

Bloomberg SoundCloud Ltd. is close to a deal to sell stakes in the company to a pair of private equity firms, according to people familiar with the matter, an investment that will help the beleaguered music-streaming service keep operating for the foreseeable future. The two firms would be acquiring stakes via separate deals, said the people, who asked not to ...

Bloomberg China is betting that US President Donald Trump won’t make good on his threats of a military strike against North Korea, with Beijing continuing to provide a lifeline to Kim Jong Un’s regime. Secretary of State Rex Tillerson singled out China and Russia as “economic enablers” of North Korea after Kim on Friday test-fired an intercontinental ballistic missile for ...

Bloomberg Australian counter-terrorism agencies have foiled a plot to “bring down” a plane in a terrorist attack, Prime Minister Malcolm Turnbull says. Four men were arrested on Saturday night by counter-terrorism officers in raids on four Sydney properties over an alleged plot to blow up an aircraft. “My number one priority, and that of my government, is the safety and ...

Bloomberg A female suicide bomber killed 14 people, including herself, after detonating explosives in a building housing people displaced by Boko Haram violence in northeast Nigeria, according to a state rescue agency. The bomber also injured 24 others in Friday night’s attack in the town of Dikwa, Bello Dambatta, who heads the rapid response team of the Borno State Emergency ...

Bloomberg The US will have to cut staff numbers by more than 700 at its diplomatic missions in Russia as a result of an order to slash the size of American representation in retaliation for new sanctions, according to two officials in Moscow. Russia on Friday ordered the US to reduce diplomatic and technical personnel at its embassy and consulates ...

Reuters The four Arab countries which have cut ties with Qatar said on Sunday they were ready for talks to tackle the dispute if Doha showed willingness to deal with their demands. The foreign ministers of Bahrain, Saudi Arabia, Egypt and the UAE met in the Bahraini capital Manama to discuss the crisis that has raised tensions across the region. ...

Bloomberg European leaders are declaring the continent’s financial crisis to be over, but now a political one is fermenting. A battle between European Union regulators and the Polish government over its plans to weaken the judiciary’s independence is splitting eastern and western Europe in a way that the euro region erupted along a north-south fault line. As Greece returned to ...