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Nokia to cut up to 14,000 jobs after sales drop a fifth - Vimarsana News

Nokia to cut up to 14,000 jobs after sales drop a fifth

STOCKHOLM/HELSINKI (Reuters) -Finnish telecom gear group Nokia will cut up to 14,000 jobs to reduce costs, it said on Thursday, after weaker demand for next-generation 5G equipment lowered third-quarter sales by a fifth, adding it did not expect a market recovery soon. As demand has slowed in countries such as the United States, Nokia and rival Ericsson have tried to offset some of the weakness with higher sales to India, a low-margin market. "The market situation is really challenging and it is witnessed by the fact that in our most important market, which is the North American market,...

Source: yahoo.com
Swedish, Belgian leaders pay tribute to Brussels attack victims - Vimarsana News

Swedish, Belgian leaders pay tribute to Brussels attack victims

Sweden's Prime Minister Ulf Kristersson and his Belgian counterpart Alexander De Croo paid tribute in Brussels on Wednesday to the victims of Monday's attack by a gunman in which two Swedish football fans died and one was injured. Kristersson said on Tuesday that the attack in the Belgian capital by a 45-year rejected asylum-seeker from Tunisia showed the European Union must bolster security at its border and within the region to better protect itself. On Wednesday, at the site where the gunman shot the Swedish football fans, Kristersson, a Swedish team football scarf around his ne...

Source: yahoo.com
Swedish c.bank's Floden says inflation still too high - Vimarsana News

Swedish c.bank's Floden says inflation still too high

Inflation in Sweden is easing but remains too high, Riksbank Deputy Governor Martin Floden said on Wednesday. Inflation is moving in the right direction, but there is still some way to... -October 18, 2023 at 05:36 am EDT - MarketScreener

Sweden says killing of two Swedes in Brussels is terrible news - Vimarsana News

Sweden says killing of two Swedes in Brussels is terrible news

News from Belgium that two Swedes were shot dead in Brussels was terrible, Swedish Justice Minister Gunnar Strommer said on Monday, and follows recent police warnings in Sweden of potential attacks over Koran burnings. The Swedish government was in contact with Belgian authorities to seek more information, he added.

Source: aol.com
Belgium hunts shooter of Swedes as Brussels put on maximum alert - Vimarsana News

Belgium hunts shooter of Swedes as Brussels put on maximum alert

BRUSSELS (Reuters) -Belgian police on Tuesday shot and wounded a 45-year-old Tunisian suspected of killing two Swedish football fans in Brussels, Belgian media said. Interior Minister Annelies Verlinden said earlier the wounded man was suspected of being the gunman. Two Swedish nationals were shot dead and a third one was wounded in central Brussels on Monday night and a man who identified himself as a member of the Islamic State claimed responsibility in a video posted online.

Source: yahoo.com