Nokia profit matches expectations; dividend to resume

Wireless and fixed-network equipment maker Nokia reported fourth-quarter profits Thursday in line with analyst expectations and said it will resume paying a dividend and launch a share-buyback program because of its improved ...

Business

Boeing reports another loss due to 787 woes

Boeing reported a hefty fourth-quarter loss Wednesday as mounting costs connected to the widebody 787's woes more than offset a boost from the comeback of the 737 MAX after a lengthy grounding.

Machine learning & AI

A study finds gender bias in music recommendation algorithms

Although the problem of gender discrimination is already found in the music industry, music recommendation algorithms would be increasing the gender gap. Andrés Ferraro and Xavier Serra, researchers of the Music Technology ...

Business

Rolls-Royce UK staff strike over possible Singapore switch

Staff at a factory in northwest England run by engines maker Rolls-Royce on Friday began a three-week strike over the possible relocation of operations to Singapore, the British aerospace giant confirmed.

Virus-hit Rolls-Royce boosts finances with £5.0bn plan

British aerospace giant Rolls-Royce, facing plunging demand as the coronavirus pandemic sparks an air transport crisis, launched plans Thursday to shore up its finances by up to £5.0 billion ($6.4 billion, 5.5 billion euros).

Business

High Court in London backs Virgin Atlantic's rescue plan

Virgin Atlantic's 1.2 billion-pound ($1.6 billion) restructuring plan was approved Wednesday by the High Court in London, allowing the international airline to continue rebuilding its operations after the devastation caused ...

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