Vodafone Shares Up In £6bn Spanish Ono Deal

Mobile phone giant Vodafone has seen its share price rise after agreeing to buy Spanish cable operator Ono for £6bn. Vodafone's shares were up nearly 3% in mid-afternoon Monday trades in London. The deal comes after it sold off its US joint-venture...

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Obama Threatens More Sanctions On Russia

The US has imposed sanctions against Russian officials after Crimea's referendum to secede from Ukraine and join Russia. An executive order by Barack Obama names seven Russian government officials, including top aides to Russian President Vladimir Putin....

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China Growth Plan To Target Internal Migrants

China is to encourage 90 million more rural residents to move to cities before the end of the decade, in an attempt to boost domestic consumption growth. China now plans to boost urban populations in a five-year plan It said the plan is to boost urbanisation...

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MPs Attack Sale Of Royal Mail Postcode Database

The Government has been slammed for selling a valuable database of every British postcode and address in last year's flotation of the Royal Mail. Ministers were strongly criticised for including the register, which contains 1.8 million postcodes and...

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Media Boss Desmond Eyes £700m Channel 5 Float

By Mark Kleinman, City Editor The media tycoon Richard Desmond is considering a stock market flotation of Channel 5 even as bidders firm up offers of up to £700m for the terrestrial broadcaster. Sky News has learnt that Mr Desmond is working with...

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Osborne To Build For Britain In His Budget

By Anushka Asthana and Darren McCaffrey, Sky Political Team George Osborne has announced that a "garden city" will be built in Britain for the first time in decades, based in Ebbsfleet, Kent, with 15,000 homes to start with. Speaking ahead of Wednesday's...

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Man Held Over Morrisons Payroll Data Breach

An employee of supermarket chain Morrisons has been arrested by police investigating the theft of payroll data of up to 100,000 employees. West Yorkshire Police said a man was arrested on Monday on suspicion of making or supplying an article for use...

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Dyson Fan Heater Global Recall Over Fire Risk

Up to one million fan heaters are to be recalled by British firm Dyson over fire risks, the company has announced. The company, which is known for its technically innovative products, said the recall affected its 'Air Multiplier' AM04 and AM05 machines....

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Osborne Backs HS2 Fast-Track Plan

The chairman of HS2 has called on politicians to accelerate the construction of the high-speed line to reduce the £50bn cost of the project. In a new report, Sir David Higgins has proposed a fast-tracked building timetable for the northern, phase two,...

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Alibaba: Chinese Web Giant's Massive US IPO

A Chinese e-commerce business is bidding to list itself on one of the US stock exchanges in what could be the biggest IPO of 2014. Alibaba Group is a privately-owned firm which incorporates a search engine, business-to-business web portals, online...

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