Show Hide image

Morning Wrap: today's top business stories

News stories from around the web.

Vodafone agrees Kabel Deutschland offer (FT)

Vodafone, the mobile phone group, has launched an agreed €7.7bn cash offer for Kabel Deutschland in a move by the UK group to go beyond its traditional mobile telephony business into consumer broadband and television services.

Shares under pressure over China fears (FT)

US government bond yields are at 22-month highs while growth-focused products like stocks and commodities are again under pressure as traders contemplate a market with less central bank support.

BIS: Central banks must end 'whatever it takes' policy (BBC)

The Bank for International Settlements (BIS) says banks have done their bit to help economic recovery and now governments must do more.

Barclays to sell on data from savers and track mobile phones (Telegraph)

Barclays Bank is to start selling data on its millions of current and savings account customers to other companies for the first time.

Flexible working 'cuts cost to employers', say business leaders (Telegraph)

A group of 22 of Britain's biggest companies have signed a commitment to flexible working rights after finding that "agility" in staff hours and locations can cut workforce costs by as much as 13pc.