Geoinformatics company Gisdata penetrates Saudi Arabian market

The Gisdata geoinformatics company said on Thursday it had penetrated the Saudi Arabian market by inking a deal for licencing the GDi Vizion industrial software system.

Deutsche Telekom reports profit slump despite boom in US business

 German telecoms giant Deutsche Telekom posted a surprise fall in second-quarter profit on Thursday despite a surge in sales in the United States.