in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to €9.52 billion (€1 = $1.0883), down from an increase of 2.5% in the prior quarter. The company said the slip was linked to declines in customer levels in its biggest market Germany, where organic service revenue slumped by 1.8% compared to the previous year to…
The U.K. government is preparing to introduce legislation that would force British companies to report attempted takeovers that could give rise to security risks, The reporter said. Company directors that fail to observe the rules could face fines, disqualification, or jail, the newspaper said, without saying where it obtained the information. Prime Minister Boris Johnson also wants academic partnerships and research projects to be included under the rules, reflecting his concern that the country’s cash-strapped…
"U.K. May Tighten Takeover Laws to Curb Foreign Influence"