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By Leila Abboud and Julien Toyer PARIS/MADRID (Reuters) - 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 better compete with rivals Telefonica and Vodafone. The French group made an offer for 100 percent of Jazztel shares at 13 euros per share in cash, which values Jazztel at 3.4 billion euros($4.40 billion). The acquisition will be financed through a combination of hybrid bonds and a capital increase of up to 2 billion euros at Orange. ... more...


By Maria Kiselyova MOSCOW (Reuters) - Mail.Ru Group , majority-owned by Russia's richest man Alisher Usmanov, has resolved a shareholder dispute over the country's biggest social network VKontakte (VK), buying out a rival co-investor for $1.47 billion. The deal could clear the way for a revival of plans for a stock market listing of VKontakte, scrapped in 2012 because of poor market conditions. VK, known as Russia's answer to Facebook , has been the focus of an ownership battle since April 2013 when investment fund United Capital Partners (UCP) bought a 48 percent stake. ... more...


FRANKFURT (Reuters) - The Frankfurt judge who issued an injunction against online taxi service Uber from operating a novel car-sharing service in Germany appeared ready to rebuff an appeal on Tuesday by the firm, which has argued it should not be subject to taxi rules. In opening remarks at a hearing on the appeal, Frankfurt Regional Court Judge Frowin Kurth said: "The preliminary view of the court is that the reasons behind the temporary injunction are still valid". The judge said he would issue a ruling on Uber's appeal of his preliminary injunction at 8:30 a.m. EDT. ... more...


(Reuters) - Apple Inc said it received record first-day pre-orders of its new iPhone 6 and iPhone 6 Plus, with over four million in the first 24 hours, meaning many customers will have to wait for their new phones. Apple said a significant number of orders will be delivered to customers beginning Friday, but many will be delivered in October. more...


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