EU clears KPN sale of German E-Plus to Telefonica

The European Commission on Wednesday cleared the acquisition of E-plus in Germany, a unit of Dutch KPN, to Telefonica of Spain, but subject to conditions over competition concerns.

Avoiding pirates, Groupama wins ocean race leg

French team Groupama earned its first stage victory in the Volvo Ocean Race, defeating overall leader Telefonica in a sprint to Abu Dhabi to complete the second leg.