Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company’s efforts to revive its faltering 5G business. Powered by […]

Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central […]

Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is […]

Finnish telecom equipment maker Nokia’s incoming chief executive Pekka Lundmark told a news conference on Monday it was too soon to talk about any strategic changes. […]

Goldman Sachs Group Inc has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters. Powered by WPeMatico

Global factories took a beating in February from the coronavirus outbreak with activity in China shrinking at a record pace, surveys showed on Monday, raising the […]

Middle East governments should consider providing support to airlines to help them manage the impact of the coronavirus outbreak, which has led to a raft of […]

South Korea’s Hyundai Motor said on Monday its sales fell 13% on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of […]

Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely […]