Regions
Telefonica to sell British unit to Hutchison for $15 billion: source
Telefonica (TEF.MC) has agreed to sell its British unit O2 to Hutchison Whampoa Ltd (0013.HK) in a deal valued at more than 10 billion pounds ($15 billion), a source with direct knowledge of the operation said on Thursday.
Starbucks Americas traffic ticks up in holiday quarter, new COO named
Starbucks Corp (SBUX.O) on Thursday said traffic to its Americas-region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares over 4 percent in after-hours trading.
UK aims to pass law to ban branding on cigarette packs before May
The British government plans to introduce a law before May forcing tobacco firms to sell cigarettes in plain packets without branding in England, ending years of debate and lobbying.
U.S. fund KKR buys Trainline, derails London listing
U.S. private equity fund KKR has bought British rail ticket website thetrainline.com from buyout firm Exponent for an undisclosed sum, derailing its planned London stock market listing, the funds said on Thursday.