Nokia Plans to Cut 14,000 Jobs in Overhaul to Shave Costs
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures.
Nokia Plans to Cut 14,000 Jobs in Overhaul to Shave Costs
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures.
China to Build Wind Turbines Almost as Tall as the Eiffel Tower
The offshore wind industry reached another size milestone with a top manufacturer announcing plans for a turbine with blades that stretch nearly the height of the Eiffel Tower.
Renault Sticks to Listing EV Arm Ampere Despite Market Jitters
Renault SA is sticking to a plan to list its Ampere electric vehicle and software unit in the first half of next year, undaunted by recent market jitters.
Nestle Works on Products to Complement New Weight-Loss Drugs
Nestle SA is working on products that could complement new weight-loss treatments like Ozempic and Wegovy, which sharply reduce food cravings and have spurred concern that food companies may face a drop in demand.
Russia Foreign Minister Lavrov Vows Support for North Korea
Russian Foreign Minister Sergei Lavrov expressed support for North Korea’s policies in a speech commemorating the 75th anniversary of the establishment of diplomatic ties between Pyongyang and Moscow, according to North Korea’s official Korean Central News Agency.
Russia Foreign Minister Lavrov Vows Support for North Korea
Russian Foreign Minister Sergei Lavrov expressed support for North Korea’s policies in a speech commemorating the 75th anniversary of the establishment of diplomatic ties between Pyongyang and Moscow, according to North Korea’s official Korean Central News Agency.
Traders in India Look to $5 Billion Swap for RBI Bond Sales Clue
Traders in India have been on the edge ever since the central bank announced this month it may sell bonds to manage liquidity, without saying when.
Pakistan Court Approves Ex-PM Nawaz Sharif’s Temporary Bail
A Pakistani court gave temporary bail to former three-times Prime Minister Nawaz Sharif, paving the way for the convicted leader to end his four-year self-exile and return to the country over the weekend.
Nestle Revenue Growth Ebbs to Weakest Pace Since Late 2020
Nestle SA’s revenue growth decelerated to the weakest pace in almost three years as consumers balked at higher prices from the maker of Purina petfood and Nespresso coffee.