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RIGA (BERNAMA) – Finnish telecommunications giant Nokia expects not to achieve its 2023 financial targets due to prolonged licensing renewal talks, which will now continue into 2024. “The company no longer expects these negotiations to conclude before year-end with resolution now expected to occur in 2024 and therefore benefit Nokia’s financial performance in 2024,” the […]
ISTANBUL (AFP) – The new head of Turkiye’s central bank said she has been priced out of Istanbul’s property market by rampant inflation, leaving no choice for the former finance executive but to move back in with her parents. “We haven’t found a home in Istanbul. It’s terribly expensive. We’ve moved in with my parents,” […]
BRUSSELS (AFP) – The European Union (EU) reached an agreement yesterday to reform the bloc’s electricity market in a bid to reduce dependence on fossil fuels and stabilise consumer prices, the EU Council said in a statement. “Today, the Council and the Parliament reached a provisional agreement to reform the EU’s electricity market design (EMD),” […]
STRASBOURG, FRANCE (AP) – The European Union (EU) is promising Greece more than EUR2 billion in financial support in the wake of massive summer wildfires and ongoing floods that have caused extensive damage across central Greece. “Never, ever before has such a vast area been destroyed by wildfires. Then, floods devastated large regions of Greece,” […]
AFP – Eleven airline passengers and crew were hospitalised on Tuesday following severe turbulence on a Delta flight from Milan to Atlanta, United States (US), the US-based airline said. “Delta Care Team members are mobilising to connect with customers on Delta Flight 175 that experienced severe turbulence before landing safely in Atlanta on Tuesday,” a […]