Global telecom industry revenue to grow at 5.3% annually The global telecommunications industry continues to expand as spending by consumers and businesses for wireless services fuels industry revenue growth, a market analysis report from the Insight Research Corp. says. According to the report, "The 2012 Telecommunications Industry...

Investment banking drags down Barclays Q4 profit Barclays reported a pretax profit of £5.9 billion for 2011, down 3% on the year and below analysts’ forecast of 6.1 billion. Barclays said its key investment bank arm ended last year with its worst quarter for three years as the euro zone debt crisis hit bond trading activity, dragging...