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Deutsche Bank to rejoin Euro Stoxx 50 after seven-year absence

Deutsche Bank AG regains its spot in the eurozone's main stock benchmark, seven years after being cast out of the gauge.

Singapore's Starhub and Nokia to work together on 5G and 4G technology

Singaporean multinational telecommunications conglomerate StarHub and Finland's telecoms giant Nokia have announced a partnership in the area of fourth and fifth generation (4G and 5G) mobile communication technology

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

STOCKHOLM: Nokia 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.

Nokia Q3 profit beats expectation, sees signs of recovery

STOCKHOLM: Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit, and echoed rival Ericsson in seeing demand recovery in some areas.

Vietnam state media says Foxconn to make 5G equipment for Nokia in Hanoi

Foxconn will produce 5G AirScale equipment for Nokia at its factory in Vietnam's northern province of Bac Giang, Vietnamese state media reported on Tuesday.

Maxis, Nokia collaborate to drive next-generation connectivity

KUALA LUMPUR: Maxis Bhd and Nokia are collaborating to drive next-generation connectivity to enhance network security and reliability, as well as Maxis’ engagement of Nokia as a partner to build part of Maxis’ 5G Core ecosystem in meeting future connectivity needs.

Nokia profit misses forecast, expects stronger second half

STOCKHOLM: Nokia on Thursday reported operating profit below market expectations for the first quarter and the Finnish company said it was seeing signs of customer spending slowing down.

Nokia's quarterly profit beats expectations

STOCKHOLM: Nokia on Thursday reported quarterly operating profit above market expectations as the Finnish telecom equipment maker benefited from roll out 5G in countries such as India and forecast an upbeat 2023.

Nokia to quit Russian market

Nokia withdrew from Russia, following rival Ericsson's exit, leaving a vacuum of 4G and 5G deployment.

Nokia to cut up to 10,000 jobs over next 2 years

STOCKHOLM: Finnish telecoms group Nokia said on Tuesday it plans to cut between 5,000 and 10,000 jobs within the next two years to trim costs and invest more in research capabilities.