Vodafone Group Confirms Margherita Della Valle As Group CEO

Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

British telecom major Vodafone Group Plc announced a 10-year strategic partnership with tech major Microsoft Corp. with a view to provide generative AI, digital and cloud services to customers. The move will help Vodafone to offer scaled digital platforms to more than 300 million businesses, public sector organisations, and consumers across Europe and Africa using Microsoft's generative AI.

RTTNews | 419 days ago

Vodafone FY23 Adj. EBITDAaL Down, Sees Broadly Flat Result In FY24; Stock Dips

Shares of Vodafone Group Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on Nasdaq after the British telecom major reported Tuesday lower adjusted EBITDAaL, a key earnings metric, in its fiscal 2023. This was despite reporting significantly higher net profit, largely reflecting a gain on disposal of Vantage Towers.

RTTNews | 664 days ago

Vodafone H1 Profit Weak, Cuts FY23 View; Plans Cost Cutting; Stock Down

Shares of Vodafone Group Plc were losing around 5 percent in the morning trade in London as well as in the pre-market activity on Nasdaq after the British telecom major reported Tuesday weak profit in its first half with lower revenues. For fiscal 2023, the company now projects adjusted EBITDAaL at at the lower end of original guidance. The company also announced a new cost savings target

RTTNews | 846 days ago

U.S. Stocks Close Sharply Lower On Growth Worries; Nasdaq Tumbles 4 Percent

U.S. stocks tumbled on Monday and the major averages all closed sharply lower, with the tech-laden Nasdaq recording a more pronounced losses. Uncertainty about President Donald Trump's tariff moves, fears of a recession in the world's largest economy, and weak global growth outlook weighed on investor sentiment.

RTTNews | 4h 31min ago

Canadian Dollar Weakens On Recession Concerns

The Canadian dollar declined against its most major counterparts in the New York session on Monday, as rising economic uncertainty and tariff concerns dampened sentiment.

RTTNews | 5h 46min ago

TSX Down Nearly 2% As Stocks Tumble On Growth Worries

The Canadian market is languishing deep down in negative territory in late afternoon trades on Monday due to heavy selling across the board amid rising fears of a recession in the U.S. and uncertainty about the outlook for global economic growth.

RTTNews | 6h 7min ago

U.S. Stocks Tumble On Recession Fears, Look Set To End Sharply Lower

U.S. stocks are down sharply in negative territory Monday afternoon, with those from technology sector suffering more pronounced losses, amid rising concerns about the outlook for economic growth and corporate earnings.

RTTNews | 6h 21min ago

Swiss Market Ends Modestly Lower

Save for a few minutes at the start, the Switzerland market languished in negative territory on Monday amid worries about the outlook for global economic growth after recent weak data from China and the U.S. rendered the mood cautious. Weak Swiss consumer confidence data, and the potential impact of tariffs from the Trump Administration weighed as well.

RTTNews | 6h 41min ago

EURUSD	1.0833	GBPUSD	1.28755	AUDUSD	0.62759
USDJPY	147.265	USDCAD	1.44378	USDCHF	0.88107

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Vodafone Group Confirms Margherita Della Valle As Group CEO