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Nokia continues to sell more smart phones than any of its rivals, but has lost ground as competition grows. "We see ... really fierce competition certainly in the high end, but we also see it in the mid to low...

Kimi Raikkonen is to switch from Formula One to the World Rally Championship for next season. It has long been speculated the 2007 world champion would turn his attention to rally after leaving Ferrari at the end of the recent...

Herman Van Rompuy, who was just appointed the first permanent President of the European Council, paid a quick visit to Helsinki, Finland on Wednesday at the invitation of Finnish Prime Minister Matti Vanhanen.     During their meeting, Van Rompuy and Vanhanen...

Nokia forecast its handset unit's operating profit margin would be 12-14% next year, in line with what it reached earlier this year, but well below levels hit in the boom times, when it managed above 20%. "I think consensus was...

Fritz Henderson has resigned as chief executive officer of General Motors less than a year after taking over the position. A number of automakers posted solid Canadian sales increases for the month of November. China has agreed to lift the...

Nokia also said today its market share would be unchanged in 2010. "Going into 2010, the overall mobile devices market is stabilising and it is growing more in the areas where Nokia has competitive advantages," Nokia's new finance director Timo...

HELSINKI, (Xinhua) -- Finland has confirmed the country's first known human-to-pig transmission of A/H1N1 influenza, said Finnish Food Safety Authority and Finnish National Institute for Health and Welfare in a statement on Monday. According to the agencies, samples taken from...

Finns on Monday marked the 70th anniversary of the Winter War, a conflict that saw this tiny country hold off Stalin's Red Army for 105 days and suffer one-third as many casualties in weather that was so cold some soldiers...

Nokia Oyj plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up. But a spokesman said the world's biggest...

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...