US Federal Reserve chairwoman Janet Yellen addresses a Senate banking committee hearing in Washington, DC, yesterday. She told lawmakers the central bank must press on with monetary stimulus as “significant slack” remained in labour markets and inflation was still below the Fed’s goal. Photograph: Andrew Harrer/Bloomberg

US stock markets rose yesterday, adding to earlier gains as investors bet that the US Federal Reserve would not adjust guidance about how soon it w(...)

Orange said the deal would add to earnings per share and operating free cash flow by 2017, and would help it save €1.3 billion mostly through network efficiencies

France’s Orange has reached a deal to buy Spanish fixed line telecoms operator Jazztel in an effort to bolster its mobile operation in the country and(...)

Telefonica’s bid is likely to attract additional suitors for Brazil’s fourth-biggest broadband provider, analysts say. Photograph: Martin Divisek/Bloomberg

Spain’s Telefonica has made a €6.7 billion bid to France’s Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a mark(...)

German postal and logistics group  Deutsche Post gained 2.2 per cent to €23.75 after reporting a 5.7 per cent increase in quarterly profit. Photograph: Reuters/Fabrizio Bensch

European stocks made a modest rebound after four days of losses, as companies including Credit Agricole and Deutsche Post reported better-than-expe(...)

While Google’s recent demonstration of a driverless car captured the imagination of some drivers, many still do not have even a basic understanding of what constitutes a connected car. Photograph: Karen Bleier/AFP/Getty Images

Earlier this year, Apple announced CarPlay, a system that uses Siri for voice control and a new iOS-like interface to the car’s touch screen. Many (...)

Three Ireland has become the second biggest telecoms provider in the State after completing the buyout of O2

Hutchison’s Three Ireland has completed the €850 million buyout of 02 Ireland from Telefonica in a move that makes it the second biggest telecoms prov(...)

Mobile market: the European Commission approved the acquisition of Telefónica Ireland (O2 Ireland) by Hutchinson 3G (H3G). photograph: steve parsons/pa wire

The merger of the second- and fourth-largest mobile network operators in Ireland will now go ahead after the European Commission approved the acquisi(...)

Stock markets fell sharply in Europe as Middle East crisis intensifies. Photograph: EPA

European stocks fell sharply as violence in the Middle East escalated and a report showed the US economy shrank in the first quarter by the most sinc(...)

Europe’s fragmented telecoms market and regulatory imbalances needs sorting if the EU is to spur a new generation of technology start-ups. Photograph: Christian Hartmann/Reuters

Europe needs to sort out its fragmented telecoms market and regulatory imbalances if it is to spur a new generation of technology start-ups and create(...)

Robert Finnegan:  has run Three Ireland for almost nine years. Photograph: David Sleator

I hope they have a Maserati-sized parking space down at O2’s Dublin headquarters on Sir John Rogerson’s Quay. Robert Finnegan, the sports car driving (...)