News tagged with financial market

Africa world's fastest growing mobile phone market

(PhysOrg.com) -- Mobile phone subscriptions in Africa have defied the world economic crisis by growing faster than in any other region of the world since 2003, according to a United Nations report published ...

Oct 23, 2009
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Sun cutting up to 3,000 jobs as awaits Oracle deal

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

Oct 20, 2009
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Nokia posts loss of $832 million in third quarter

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...

Oct 15, 2009
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