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Nokia to cut up to 14,000 jobs after profit slump

Nokia to cut up to 14,000 jobs after profit slump. Nokia's share price fell 2% to €3.26 at around 06:00 GMT. The group's savings program is expected to generate cost reductions of up to €1.200 billion by 2026. The telecommunications equipment maker is immersed in a battle for 5G networks with its Swedish rival Ericsson and China's Huawei, saw its sales fall by 20%, to 4,982 million euros, in the third quarter compared to 2022.

India , Finland , United-states , Sweden , Finnish , America , Swedish , Pekka-lundmark , Nokia , Ericsson , Executive-pekka-lundmark , China-huawei

Karl Evers-Hillstrom – Irascible Musings

Karl Evers-Hillstrom – Irascible Musings
irasciblemusings.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irasciblemusings.com Daily Mail and Mail on Sunday newspapers.

United-states , Americans , Jerome-powell , Karl-evers-hillstrom , Silicon-valley-bank , Treasury-department , First-republic-bank , Federal-reserve , Signature-bank , Deposit-insurance-corp , Biden-federal-trade-commission , Financial-group

Credit Suisse's stock market crash plunges Spanish banks into financial panic over SVB

Credit Suisse shares lost more than 20% on the Zurich Stock Exchange to a new all-time low, on a day when the Saudi National Bank, its main bank...Credit Suisse shares lost more than 20% on the Zurich Stock Exchange to a new record low, on a day when the Saudi National Bank, its main shareholder, said it would not give the Swiss entity more financial assistance to deal with its battered accounts. The shares of the Zurich bank are trading for the first time below 2 Swiss francs (2.04 euros). Find out more Finance. SVB invokes the ghost of Leh

Milan , Lombardia , Italy , United-states , Paris , France-general- , France , Washington , Madrid , Spain , Saudi-arabia , Zurich

Budget 2023: Explaining Budget and Related Financial Terms For Students

Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget in the Lok Sabha on February 1, 2023. Check out budget-related financial terms for students here. -- aaa

Nirmala-sitharaman , Lok-sabha , Union-territory , Union-budget , Explaining-budget , Related-financial-terms-for , Finance-minister-nirmala-sitharaman , Parliamentary-budget-session , Market-loans , Reserve-bank , Central-government , Revenue-expenditure

Colman Deegan will step down as CEO of Vodafone Spain on March 31

The CEO of Vodafone Spain, Colman Deegan, has informed the company of his decision to leave his position on March 31, although he will remain linked advising on...

Spain , Spanish , Colman-deegan , Serpil-timuray , Committee-of-the-vodafone-group , Group-head , Strategy-of-the-vodafone-group , Vodafone , Vodafone-group , Vodafone-spain , Vodafone-india , Vodafone-italy

Making ASEAN the Epicentrum of Growth

Indonesia receives the ASEAN chairmanship relay from Cambodia and will become the ASEAN Chair in 2023.

Handover of the chairmanship took place at the ...

Malaysia , Indonesia , Maleo , Sulawesi-selatan , Jakarta , Jakarta-raya , Cambodia , Indonesians , Cambodian , Hun-sen , Joko-widodo-jokowi , Joko-widodo

Indonesia looks to make ASEAN center of growth

Indonesian President Joko Widodo (Jokowi) has symbolically received the ASEAN chairmanship relay from Cambodian Prime Minister Hun Sen and will become the ...

Indonesia , Maleo , Sulawesi-selatan , Phnom-penh , B11- , Cambodia , Jakarta , Jakarta-raya , Indonesian , Cambodian , Muhadjir-effendy , Airlangga-hartarto

Zendesk has been downgraded to Equal-Weight by Morgan Stanley

The California based software firm Zendesk (ZEN) has been downgraded by Morgan Stanley (MS) to Equal-Weight as the stock trades lower by 29.4% in the month of June.

California , United-states , Economy-business , Investment-stock-chart , Morgan-stanley , Wall-street ,