Business

Nokia back in black in first quarter thanks to 5G

Finnish telecoms giant Nokia said Thursday that it returned to profit in the first quarter, boosted by stronger-than-expected demand for 5G products, but it kept its cautious outlook for 2021.

Business

Total's profits surge past pre-pandemic levels

French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.

Business

Google's Q1 ad sales surge 32%, Alphabet profit doubles

Google's digital advertising network has shifted back into high gear, with its corporate parent reporting profit that more than doubled after an unprecedented setback during the early stages of the pandemic.

Automotive

Toyota ramps up full-year forecasts as sales recover

Toyota on Friday almost doubled its full-year forecasts, saying sales and production were recovering quickly from the coronavirus pandemic, which has shredded the global auto market this year.

Business

Intel shares tumble as pandemic hits results

Computer chipmaker Intel saw shares slide Thursday after reporting weak sales for its data center and internet of things operations that overshadowed improvement in the personal computer market.

Business

Toyota warns of 64% drop in full-year net profit

Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.

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