New Nokia President and CEO Pekka Lundmark (C) shakes hands with President and Chief Executive Officer Rajeev Suri after a press conference at Nokia headquarters in Espoo, Finland on 2 March 2020. Markku Ulander | Lehtikuva | AFP via Getty Images Nokia saw earnings rise 22% to 316 million euros …
Read More »Ericsson’s margins improve as Huawei is banned from UK 5G networks
Visitors pass through the entrance to the Ericsson AB pavilion at the Mobile World Congress in Barcelona, Spain, on Tuesday February 26, 2013. Simon Dawson | Bloomberg via Getty Images Sweden’s Ericsson reported quarterly basic earnings ahead of market estimates on Friday, fueled by an increasemargins on the sale of …
Read More »EU stimulus talks begin, US coronavirus cases on the rise
European stocks were mostly withdrawn on Friday morning as European Union leaders prepare to discuss a deal on the bloc’s key coronavirus recovery package, while US cases continue to skyrocket. After a cautiously optimistic open, the pan-European Stoxx 600 slipped 0.2% below the flat line for about an hour in …
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