Finland Business News

Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs. Last week it announced 330 job cuts in Finland and Denmark at its...

Nokia Oyj's battered shares could get a boost when the firm looks ahead at next week's investor day to an expected upturn in handset margins and a more competitive smartphone offering in 2010. The world's largest mobile phone maker uses...

The many touchscreen mobile phones that have hit the shops this year, from the Apple iPhone and Palm Pre to the HTC Hero, have continued to eat into the commanding lead once enjoyed by Nokia , with the world's largest...

The world's largest handset maker, Nokia Corp., is expected to report a further drop in quarterly profits and sales on Thursday as the global economic crisis continues to hurt demand in the mobile phone industry. Nokia has fared better than...

Finnish-German telecom equipment maker Nokia Siemens said on Tuesday that it would reduce its 64,000-strong workforce by seven to nine percent or by 4,500 to 5,800 jobs, in a multi-million cost-cutting drive. The cost-cutting is to "improve financial performance and...

The company said Timo Ihamuotila, head of global sales, will replace Rick Simonson as the chief financial officer on Nov. 1. Simonson will head the mobile phones sector in the devices unit. Simonson has been CFO since 2004 and will...

A pilots' strike has forced the Finnish carrier Finnair to find lodging for thousands of stranded passengers around the country, airline officials say. The air carrier says it doesn't know exactly how many passengers it was procuring hotel rooms for,...

Mahindra Satyam today announced that it had tied up with Gen-i, Australasian Information and Communication Technologies (ICT) services provider, to provide a suite of leading edge Windows 7 migration services to its customers. C P Gurnani, CEO, Mahindra Satyam said,...

When I visited the Oasis of the Seas the day before she was delivered to Royal Caribbean International at the STX Europe shipyard in Turku, Finland, the first thing that surprised me -- aside from the jaw-dropping size -- was...