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Nokia To Divide Its Corporate Affairs Function Into Two Separate Functions

BRIEF-Nokia To Divide Its Corporate Affairs Function Into Two Separate Functions Oct 18 (Reuters) - Nokia Oyj NOKIA.HE : NOKIA HAS DECIDED TO DIVIDE ITS CORPORATE AFFAIRS FUNCTION INTO TWO SEPARATE FUNCTIONS: GEOPOLITICS AND GOVERNMENT RELATIONS; AND COMMUNICATIONS Source text for Eikon: ID:nGNEbNST5x Further company coverage: NOKIA.HE (Gdansk News
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Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

EXCLUSIVE-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say Adds details on Chinese market in paragraphs 6-8 By Supantha Mukherjee STOCKHOLM, Oct 17 (Reuters) - Nokia NOKIA.HE has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs, according to two sources familiar with the matter.
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Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

EXCLUSIVE-Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say By Supantha Mukherjee STOCKHOLM, Oct 17 (Reuters) - Nokia NOKIA.HE has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as part of efforts to lower costs, according to two sources familiar with the matter.
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European shares close higher after ECB lowers interest rates

UPDATE 3-European shares close higher after ECB lowers interest rates For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nordea carries banks up 1% Sartorius tops STOXX 600 after Q3 results Germany's DAX closes at a record high STOXX 600 up 0.8% Updated at 1600 GMT By Ankika Biswas, Paolo Laudani and Johann M Cherian Oct 17 (Reuters) - European stocks closed less than 1% away from record high levels on Thursday after the European Central B
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European shares marginally up; investors eye dovish ECB comments

European shares marginally up; investors eye dovish ECB comments For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 17 (Reuters) - Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced in European Central Bank interest rate cut, while parsing a set of mixed corporate earnings.
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Nokia shares down after Q3 sales miss

REFILE-BUZZ-Nokia shares down after Q3 sales miss Removes unnecessary words in headline. ** Shares in Nokia NOKIA.HE are down 3% after the Finnish telecom equipment maker posted quarterly sales below estimates, citing challenges in its Mobile Network business ** Nokia posts third quarterly sales at 4.33 billion euros ($4.70 billion), against 4.76 b
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Europe before the bell: TSMC boost, Nestle miss

LIVE MARKETS-Europe before the bell: TSMC boost, Nestle miss Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: TSMC BOOST, NESTLE MISS European shares were set for a steady start on Thursday, ahead of a widely expected rate cut by the ECB later in the day and as soaring demand for AI applications helped Taiwanese chipmaker TSMC's 2330.TW profit growth beat e
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Nokia joins Ericsson in seeing signs of recovery after mixed results

UPDATE 2-Nokia joins Ericsson in seeing signs of recovery after mixed results Company reports 9% rise in Q3 operating profit, beats estimates Net sales fall 8% to $4.33 bln euros, missing expectations North America has started to show signs of growth, CEO says India will return to growth next year, CEO adds Adds net sales in paragraph 2, context in paragraph 3, CEO comments in paragraphs 4-6, 9, 11, background paragraphs 8, 10 By Supantha Mukherjee STOCKHOLM, Oct 17 (Reuters) - Finnish telecom e
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Nokia 2024 Outlook Remains Unchanged

BRIEF-Nokia 2024 Outlook Remains Unchanged Oct 17 (Reuters) - Nokia Oyj NOKIA.HE : ORDER INTAKE REMAINED STRONG IN NETWORK INFRASTRUCTURE, WHILE SALES RECOVERY CONTINUES TO BE SLOWER THAN EXPECTED. CONTINUED TO MAKE SIGNIFICANT PROGRESS WITH COST SAVINGS PROGRAM, EUR 500 MILLION RUN-RATE OF GROSS SAVINGS ACTIONED. NOKIA'S FULL YEAR 2024 OUTLOOK IS UNCHANGED WE EXPECT A SIGNIFICANT ACCELERATION IN GROWTH IN Q4 IN NETWORK INFRASTRUCTURE Q3 MOBILE NETWORKS NET SALES EUR 1,747 MILLION VERSUS EUR 2,1
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Nokia Q3 operating profit beats expectation

REFILE-Nokia Q3 operating profit beats expectation Corrects date to Oct 17 from Oct 16 STOCKHOLM, Oct 17 (Reuters) - Finnish telecom equipment supplier Nokia NOKIA.HE on Thursday reported a 9% rise in third-quarter operating profit, and said many parts of its business are now turning the corner although some continue to experience market weakness.
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Indian shares set to open slightly higher; earnings in focus

INDIA STOCKS-Indian shares set to open slightly higher; earnings in focus Oct 17 (Reuters) - Indian shares are likely to open marginally higher on Thursday, with investors awaiting a raft of blue-chip earnings for fresh triggers amid foreign fund outflows. The Gift Nifty GIFc1 was trading at 25,033, as of 07:44 a.m. IST, indicating that the benchmark Nifty 50 .NSEI will open slightly above Wednesday's closing levels of 24,971.30. The Nifty 50 and the S&P BSE Sensex .BSESN ended lower for a secon
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Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say

EXCLUSIVE-Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say Adds Nokia shares in paragraph 5, Vodafone Idea contract win paragraph 9, Samsung did not respond in paragraph 12 By Supantha Mukherjee STOCKHOLM, Oct 16 (Reuters) - Finland's Nokia NOKIA.HE is in talks with Bharti Airtel BRTI.NS about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the ma
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Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say

EXCLUSIVE-Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract, sources say STOCKHOLM, Oct 16 (Reuters) - Finland's Nokia NOKIA.HE is in talks with Bharti Airtel BRTI.NS about securing a multi-billion dollar contract to provide 5G telecom equipment for the Indian mobile operator which is expanding its network, three sources familiar with the matter said.
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Ericsson shares hit 2.5-year high after Q3 beat

BUZZ-Ericsson shares hit 2.5-year high after Q3 beat ** Shares in Ericsson ERICb.ST jump more than 9% after the Swedish telecom equipment maker reported consensus-beating Q3 adj. EBIT of SEK 7.33 billion ($701.9 million) ** The shares touch their highest price since April 2022 at SEK 86.24 ** Sales met expectations, while adj. EBIT exceeded the LSE
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Ericsson sees signs of demand recovery after Q3 beat, shares up

UPDATE 3-Ericsson sees signs of demand recovery after Q3 beat, shares up Net sales of 61.8 bln crowns beat estimates of 61.6 bln Sales in North America jump 50% to 20.4 bln crowns Adjusted core earnings 7.33 bln crowns vs estimate of 5.75 bln Shares up 9%, highest since April 2022 Adds shares in paragraph 2, analyst comment in 6, AT&T contract in 9, CFO comment in 10 By Supantha Mukherjee STOCKHOLM, Oct 15 (Reuters) - Sweden's Ericsson ERICb.ST said on Tuesday the telecom equipment market is sho
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Ericsson gets new 5G contract from India's Bharti Airtel, sources say

EXCLUSIVE-Ericsson gets new 5G contract from India's Bharti Airtel, sources say Adds context in paragaphs 3-4, further comment from source in paragraph 5, background on telecom industry paragraphs 7-9 By Supantha Mukherjee STOCKHOLM, Oct 14 (Reuters) - Swedish telecom gear maker Ericsson ERICb.ST has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel BRTI.NS , two sources familiar with the matter said.
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Ericsson gets new 5G contract from India's Bharti Airtel - sources

EXCLUSIVE-Ericsson gets new 5G contract from India's Bharti Airtel - sources By Supantha Mukherjee STOCKHOLM, Oct 14 (Reuters) - Swedish telecom gear maker Ericsson ERICb.ST has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel BRTI.NS , according to two sources familiar with the matter. This comes after Ericsson got part of a $3.6 billion contract last month for selling 5G equipment to India's Vodafone Idea.
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead Oct 11 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 15-Oct-2024 BMO BWY.L Bellway PLC Full Year 2024 Bellway PLC Earnings Release 15-Oct-2024 05:00 ERICb.ST Telefonaktiebolaget LM Ericsson Q3 2024 Telefonaktiebolaget LM Ericsson Earnings Release 16-Oct-2024 AMC GFCP.PA Gecina SA Q3 2024 Gecina SA Earnings Release 16-Oc
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Oct 11 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 15-Oct-2024 05:00 ERICb.ST Telefonaktiebolaget LM Ericsson Q3 2024 Telefonaktiebolaget LM Ericsson Earnings Release 16-Oct-2024 06:00 KINVb.ST Kinnevik AB Q3 2024 Kinnevik AB Earnings Release 17-Oct-2024 05:00 ABBN.S Abb Ltd Q3 2024 Abb Ltd Earnings Release 18-Oct-2024 06:0
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STOXX 600 touches 1-week high; China stimulus, earnings eyed

UPDATE 2-STOXX 600 touches 1-week high; China stimulus, earnings eyed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Investors await further details on China's stimulus Little reaction in French stocks after budget Stellantis drops as CEO Tavares to retire Moody's cuts Volkswagen's outlook to 'negative' Updated at 1543 GMT By Paolo Laudani, Sruthi Shankar and Johann M Cherian Oct 11 (Reuters) - European stocks reversed early losses and
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