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Business

Vodafone targets Frankfurt listing for mast business in early 2021

By hostelworkingcom August 3, 2020July 28, 2020

Vodafone (VOD.L), the world’s second biggest mobile operator, said on Friday it would list its European mobile masts business, newly named Vantage Towers, in Frankfurt in early 2021. Chief Executive…

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Business

Wirecard scandal brings overhaul of EU fintech rules into sharper focus

By hostelworkingcom August 2, 2020July 28, 2020

The collapse of German payments firm Wirecard has become a focal point for an overhaul of how the European Union regulates the finance industry as it evolves away from traditional…

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Business

Cineworld, AMC shares fall as cancelled premieres spell more pressure

By hostelworkingcom August 1, 2020July 28, 2020

Shares in cinema operators Cineworld (CINE.L) and AMC (AMC.N) fell on Friday after Disney (DIS.N) delayed the release of “Mulan”, the latest Hollywood tentpole to be pushed back as theatres…

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Business

U.S. insurers explore officer coverage as police reform debate rages

By hostelworkingcom July 31, 2020July 28, 2020

U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial…

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Business

Verizon beats estimates on lockdown boost to phone, internet services

By hostelworkingcom July 30, 2020July 28, 2020

Verizon Communications Inc (VZ.N) on Friday beat estimates for second-quarter profit and revenue on strong demand for its phone and internet services as coronavirus-induced lockdowns prompted a rapid shift to…

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Business

Schlumberger eyes deeper cost cuts as oil rout triggers $3.7 billion charge

By hostelworkingcom July 29, 2020July 28, 2020

Oilfield services giant Schlumberger NV (SLB.N) on Friday outlined plans for deeper spending cuts after recording a $3.7 billion charge and a second straight quarterly loss on thousands of job…

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Business

Airbus offers subsidy concession to end U.S. tariffs

By hostelworkingcom July 28, 2020July 28, 2020

Europe’s Airbus said on Friday it would increase loan repayments to France and Spain in a “final” bid to reverse U.S. tariffs and jog the United States into settling a…

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