Business

Nokia reports higher profit, boosts 5G investments

Finnish telecom equipment maker Nokia Corp. has reported a rise in fourth-quarter earnings mainly due to cost savings and pledged to boost investments in next-generation 5G networks, of which it is one of the world's main ...

Automotive

Costly 'dieselgate' chokes Daimler results in 2019

German auto giant Daimler warned Wednesday that its 2019 earnings could fall short of expectations due to massive new charges over diesel emissions cheating, further clouding the outlook for the vital car sector as a whole.

Business

Ryanair net profits flatten in first half

Irish no-frills airline Ryanair said Monday that first-half net profit flattened on lower ticket prices, weak British demand, fierce competition elsewhere in Europe and a soaring fuel bill.

Automotive

Luxury carmaker Maserati focuses production on Italy

Luxury carmaker Maserati said Thursday it would invest 1.6 billion euros ($1.8 billion) as it boosts Italian production with a new super-sports car and a utility vehicle as well as the launch of a hybrid version of the successful ...

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