FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co

UPDATE 2-Iliad meets goal to become Europe's 5th largest telecoms operator Adds context and comments on market consolidation in paragraphs 4-6, H1 revenue in paragraph 8 By Gianluca Lo Nostro and Stephanie Hamel Aug 29 (Reuters) - France's Iliad said on Thursday it had reached its goal to become Europe's fifth largest telecoms operator by the number of customers, after it recorded 50 million total subscribers in the first half of 2024. The group, which already was the fifth biggest fixed broadba

HMD launches Barbie phone in partnership with Mattel STOCKHOLM, Aug 28 (Reuters) - HMD Global, which makes Nokia NOKIA.HE -branded phones, said it has teamed up with toymaker Mattel MAT.O to launch the HMD Barbie Phone - a pint-sized pink feature flip phone with a retro design. The phone, priced at 99 pounds ($131.24), is available starting on Wednesday.

UPDATE 1-German regulator rebuked over 5G spectrum auction 'bias' Adds affected companies in paragraph 3, background in paragraphs 5 and 6, plaintiff comment in paragraph 8 FRANKFURT, Aug 27 (Reuters) - A German court found serious errors by the country's federal network regulator during a 2019 auction of 5G mobile radio frequencies and cited concerns over its independence in a ruling on Tuesday.

German regulator rebuked over 'bias' in 5G tender process FRANKFURT, Aug 27 (Reuters) - A German court found serious errors made by the federal network regulator during a 2019 auction of 5G mobile radio frequencies in a ruling published on Tuesday that cited concerns over the agency's independency. In a statement, the administrative court in Cologne said the regulator's mobile spectrum auction had been "biased" and "unlawfully influenced" by the German ministry for transport and digital infrastr