Advertisement
UK markets close in 5 minutes

  • FTSE 100

    8,142.61
    +63.75 (+0.79%)
     

  • FTSE 250

    19,826.70
    +224.72 (+1.15%)
     

  • AIM

    755.43
    +2.31 (+0.31%)
     

  • GBP/EUR

    1.1664
    +0.0007 (+0.06%)
     

  • GBP/USD

    1.2453
    -0.0058 (-0.46%)
     

  • Bitcoin GBP

    51,096.77
    +60.30 (+0.12%)
     

  • CMC Crypto 200

    1,383.71
    -12.82 (-0.96%)
     

  • S&P 500

    5,096.45
    +48.03 (+0.95%)
     

  • DOW

    38,153.08
    +67.28 (+0.18%)
     

  • CRUDE OIL

    83.78
    +0.21 (+0.25%)
     

  • GOLD FUTURES

    2,345.90
    +3.40 (+0.15%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,163.75
    +246.47 (+1.38%)
     

  • CAC 40

    8,094.16
    +77.51 (+0.97%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Deutsche Telekom writes down BT stake by 2.2 bln euros

Reuters - UK Focus

BONN, Germany, March 2 (Reuters) - Deutsche Telekom (IOB: 0MPH.IL - news) wrote down the value of its stake in Britain's BT by 2.2 billion euros ($2.3 billion), pushing it to a fourth-quarter net loss of 2.12 billion euros from a profit of 946 million euros a year earlier.

The German telecoms provider reported a 2 percent increase in fourth-quarter adjusted core profit (EBITDA) to 5.26 billion euros on Thursday, driven by its T-Mobile US unit but also lifted by a 3 percent increase in German adjusted EBITDA.

($1 = 0.9497 euros) (Reporting by Georgina Prodhan; Editing by Maria Sheahan)