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News Highlights : Top Company News of the Day - Wednesday at 5 AM ET -February 28, 2024 at 05:16 am EST

Baidu s Fourth-Quarter Net Profit Fell Despite Higher Revenue

Chinese search-engine giant Baidu reported a nearly 6% increase in revenue for the fourth quarter, thanks to higher sales from its. ....

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Vodafone in talks to sell italian arm of business to Swisscom for £6.8 billion

The pair said they are in advanced exclusive discussions with the proposed price on a cash basis and including debts ....

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Price action remains subdued ahead of key US/EU data in coming days

- Focus on 2nd reading of US Q4 GDP data. - RBNZ kept its policy steady and softened its previous threat to lift rates even further. ....

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Swisscom Nears €8 Billion Deal for Vodafone's Italian Unit

(Bloomberg) Swisscom AG is in advanced talks to buy Vodafone Group Plc’s Italian business for €8 billion ($8.7 billion) on a cash and debt-free basis after fending off competition from rivals including French billionaire Xavier Niel. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puz ....

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Vodafone in talks to sell Italian business to Swisscom for €8bn

The telecoms group said that it decided on the Swiss company after having held extensive meetings in Italy with “several parties to explore market consolidation” ....

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