* The US is complaining to the World Trade Organization that Ireland is imposing 7.5% telecommunications duties not 3.5% computer ones on local network kit, and that the UK is levying 14% on personal computer televisions as consumer electronics items instead of 3.5% as computers.
* Veba AG said yesterday it and Cable & Wireless Plc were negotiating with Stet SpA a Euro-telecommunications infrastructure and services venture.
* Virtuality Group Plc, Leicester is raising new money for expansion with a placing with institutional investors of up to 1.39m new shares. It will be handled by Hoare Govett Corporate Finance Ltd.
* Technology Resources Industries Bhd of Kuala Lumpur, Malaysia confirmed that it has signed a letter of intent with Deutsche Telekom AG to form a strategic alliance with it.
