AM Best has maintained the under review status of fronting business Accredited after the sale to Onex Partners last week. The ratings experts first put Accredited, which has A- (excellent) ratings for both financial strength and long-term issuer credit, under review in October. This came as previous owner R&Q confirmed a conditional agreement with Canadian investment … Read more
Paris’s CAC 40 index jumps at the open after losing more than 6 percent last week, as investors calculate the possibility of a hung parliament in Europe’s second-largest economy. Plus, we take a closer look at France’s public debt and the spending plans of the far-right National Rally and the left-wing New Popular Front coalition. … Read more
Nokia is set to acquire open optical networking solutions and advanced optical semiconductor producer Infinera to increase scale in optical networks and accelerate its product roadmap. The acquisition will create a “highly scaled and truly global” optical business with increased in-house technology capabilities and vertical integration, with a particular emphasis on strengthening optical business in … Read more
With the race on for operators to complete the first phase in the UK’s Shared Rural Network (SRN) programme to provide so-called hard-to-reach locations with enhanced mobile coverage before the 30 June deadline, Virgin Media O2 (VMO2) has announced it has successfully built its share of the first phase of the scheme at the Glencoe … Read more
England was on the brink of elimination at Euro 2024 but Jude Bellingham’s stoppage-time bicycle kick and a Harry Kane header early in extra-time took them through to the next round after beating Slovakia. Source link