Advertisement
UK markets open in 7 hours 57 minutes

  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     

  • HANG SENG

    16,385.87
    +134.03 (+0.82%)
     

  • CRUDE OIL

    82.62
    -0.11 (-0.13%)
     

  • GOLD FUTURES

    2,394.10
    -3.90 (-0.16%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    51,079.27
    +1,517.46 (+3.06%)
     

  • CMC Crypto 200

    1,313.02
    +427.48 (+48.23%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

EU regulators conditionally approve Equinix's purchase of Telecity

Reuters - UK Focus

BRUSSELS, Nov 13 (Reuters) - European regulators on Friday said they had approved U.S (Other OTC: UBGXF - news) data centre operator Equinix (NasdaqGS: EQIX - news) 's $3.7 billion purchase of Telecity Group (LSE: TCY.L - news) on condition it sold off data centres in Amsterdam, Frankfurt and London.

"With (Other OTC: WWTH - news) the ever growing economic importance of 'cloud' services, it is crucial to maintain competition between data centres," Competition Commissioner Margrethe Vestager said in a statement.

"The Commission is satisfied that the commitments offered by Equinix will ensure that companies continue to have a choice for hosting their data at competitive prices." (Reporting by Barbara Lewis, editing by Julia Fioretti)