BRUSSELS (Reuters) – U.S.-based cable group Liberty Global is bidding 1.96 billion euros ($2.6 billion) to take full control of Belgium's Telenet, seeking to strengthen its grip on a company benefiting from expansion across a range of telecoms services. Shares in Telenet, which also raised its profit and revenue forecasts on Thursday, leapt 13 percent to as high as 35.3 euros – just above … Continue reading
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Iran's Guards commander visits disputed island: TV
DUBAI (Reuters) – The head of Iran's Revolutionary Guards has visited three tiny disputed islands in the Gulf, state television reported on Friday, in a move likely to anger the United Arab Emirates which also claims sovereignty over them. Tensions rose in April between the two countries following Iranian President Mahmoud Ahmadinejad's visit to Abu Musa, one of the three islands near important … Continue reading