German private-sector watchdog accuses Zalando of false advertising

A German private-sector competition watchdog has filed for an injunction against online fashion retailer Zalando, it said on Thursday, accusing the group of false advertising. The Centre for Protection against Unfair Competition said in a statement that Zalando had in its online shop misrepresented how many pieces of certain items of clothing were still available, creating the impression that customers needed to act fast to buy them.

Read more

Telus profit, revenue rise; eyes cost cuts as wireless slows

By Alastair Sharp TORONTO (Reuters) – Telus Corp , one of Canada's three big telecoms providers, reported a 4.2 percent rise in quarterly revenue on Thursday as wireless growth slowed and it eyed cost savings.

Read more