Verizon is understood to be interested in AOL’s programmatic advertising technology -- the automated buying and selling of ads online --as well as internet properties including The Huffington Post. (Photograph: Justin Sullivan/Getty Images)

Verizon Communications has approached AOL about a potential acquisition or joint venture with the internet company to expand its mobile-video offering(...)

Federal Reserve chairwoman Janet Yellen has pledged to maintain her predecessor’s stimulus policy. Photograph: Drew Angerer/Bloomberg

European stocks climbed yesterday, extending a third consecutive weekly gain, as investors heeded newly installed Federal Rese(...)

Janet Yellen: US stocks fluctuated, after the benchmark index’s biggest two-day decline since June, as a report that  Ms Yellen was picked to lead the Federal Reserve offset concern that the debt impasse will harm the economy. Photograph: Reuters/Gary Cameron

Deadlock in Washington was the main topic on the floors of stock markets yesterday, prompting investors to mark time and wait to see what happens.The (...)

‘There is no more money in Europe’: Orange chief executive Stephane Richard has told a telecommunications conference in Brussels that Europe will have to be willing to pay for new technologies. Photograph: Kiyoshi Ota/Bloomberg

Europe has become stifling for expansion and investment in the telecommunications industry, and new regulations cutting roaming charges will only make(...)