Nokia Corporation
European stocks, euro drop amid Spain woes
Jul 20, 2012 07:31 EDT
European stocks and the euro fell on Friday amid fresh Spanish debt strains and as investors banked strong gains won over the past week, traders said.
Nokia disappoints with big loss, slumping sales
Jul 19, 2012 11:18 EDT
Nokia, which until recently was the world's biggest mobile phone maker, reported a much worse-than-expected second quarter loss Thursday as it presses on with a massive restructuring of its faltering business.
Australia's Qantas dumps Blackberry in Apple push
Jul 19, 2012 09:19 EDT
Flagship Australian airline Qantas said Thursday it was ditching BlackBerry for Apple's iPhone and rolling out in-flight iPad entertainment streaming, dealing a blow to the US firm's rivals.
Nokia disappoints with deep loss, slumping sales
Jul 19, 2012 09:00 EDT
Nokia, which until recently was the world's biggest mobile phone maker, reported a much worse-than-expected second quarter loss Thursday as it presses on with a massive restructuring of its faltering business.
European stocks, euro rise on US optimism
Jul 19, 2012 07:13 EDT
European stock markets and the euro rose Thursday, receiving a boost from upbeat US earnings and hopes of fresh stimulus measures from the Federal Reserve, traders said.
Nokia sees Q2 net loss deepen four-fold
Jul 19, 2012 06:53 EDT
Nokia, which until recently was the world's biggest mobile phone maker, reported a much worse-than-expected second quarter loss Thursday as it presses on with a massive restructuring of its faltering business.
Australia's Qantas unveils iPhone, iPad push
Jul 19, 2012 02:24 EDT
Flagship Australian airline Qantas said it was ditching BlackBerry for Apple's iPhone and rolling out in-flight iPad entertainment streaming, dealing a blow to the US firm's rivals.
Nokia CEO admits failure to foresee sector changes
Jun 28, 2012 06:45 EDT
Nokia chief executive Stephen Elop admitted on Thursday that his company had failed to foresee rapid changes in the mobile phone industry and this was partly behind the firm's problems.
Nokia stock plunges over no Windows upgrade for Lumia 900
Jun 25, 2012 13:26 EDT
Shares in beleaguered telecom giant Nokia plunged to a 16-year low on Monday after Microsoft said its Windows 8 upgrade would not work on Nokia's new flagship smartphone, the Lumia 900 model.
Smartphones put writing on the wall for paid texts
Jun 24, 2012 13:50 EDT
Text messaging, the simple telecoms service that turned into a global phenomenon, is under threat from free smartphone services and operators need to find alternative revenue streams, analysts say.
China's Huawei takes rebranding bid to telecoms fair
Jun 20, 2012 00:28 EDT
China's Huawei Technologies is taking a campaign to transform itself into a global brand and leading smartphone maker to a major telecoms fair which opened in Singapore this week.
It is 'succeed or die' for Nokia, observers say
Jun 17, 2012 01:28 EDT
Nokia's surprise announcement of massive new spending cuts and 10,000 more layoffs had observers cautioning the beleaguered mobile phone giant is at a crossroads that will determine if it sinks or swims.
US stocks surge ahead of crucial Greek vote
Jun 15, 2012 16:29 EDT
US stocks powered higher Friday in the wake of Europe's market gains amid confidence that central banks will keep easy money flowing to smooth any turbulence following Greek polls and to offset slower growth.
Samsung, Apple get most smartphone profits: survey
Jun 15, 2012 14:27 EDT
Samsung and Apple have captured more than half the global market for smartphones and over 90 percent of its profits, a research firm said Friday.
Moody's downgrades Nokia credit rating to junk status
Jun 15, 2012 08:43 EDT
Ratings agency Moody's downgraded Friday its long-term credit rating of Finnish telecommunications group Nokia by one notch to the speculative level of "Ba1" and said its outlook remained negative.
Nokia says to slash 10,000 jobs amid deep cost cuts
Jun 14, 2012 11:03 EDT
Finland's Nokia, one of the world's biggest mobile phone makers, saw its share price plummet Thursday after a surprise announcement that it would cut 10,000 more jobs amid deep additional cost-cutting measures.
World stocks drop after more misery for Spain
Jun 14, 2012 08:36 EDT
World stock markets dropped and Spain's borrowing costs shattered euro-era records on Thursday after Moody's slashed the country's credit rating, heaping more pressure on the embattled eurozone.
Foxconn worker falls to death in China
Jun 14, 2012 07:44 EDT
A Foxconn worker fell to his death in China, the company which assembles products for Apple said Thursday, following a series of fatalities that sparked concern about conditions at its plants.
Nokia to cut up to 10,000 jobs globally by end-2013
Jun 14, 2012 06:41 EDT
Finland's Nokia, one of the world's biggest mobile phone makers, on Thursday cut its outlook and said it planned 10,000 job cuts by the end of 2013 amid massive additional cost-saving measures.
Apple bid to stop Samsung smartphone in US stalled
Jun 13, 2012 16:17 EDT
Apple's effort to stop South Korea's Samsung from launching its newest iPhone challenger in the US has been derailed by complex maneuvering in the patent war between the companies.
