Business

Nokia profits down, sees economy impacting client spending

Wireless and fixed-network equipment maker Nokia on Thursday reported lower than expected profits as it warned that the current economic situation was starting to impact spending by operators and other customers.

Business

Steady need for new planes despite pandemic: Airbus

The pandemic will have no long-term impact on the need for new aircraft, according to a market outlook released Saturday by European plane maker Airbus, which foresees greener fleets emitting less CO2.

Business

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage ...

Business

Boeing sees full commercial air recovery by 2024

Boeing said Tuesday that the commercial aviation market should fully recover by 2024 from its pandemic slump, as the industry giant lifted its aerospace forecast for the next decade.

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