Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.
Vestas, the world leader in the wind turbine industry, saw its share price plummet around 19 percent at the opening Wednesday, a day after issuing a profit warning.
Nokia Corp. has applied to delist from the Frankfurt Stock Exchange because of falling trading volumes of its shares, the world's largest mobile phone maker said Thursday.
Everyone dreams of striking it rich - and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper. For some in Silicon Valley, those wishes may soon come true.
Swedish telecom equipment maker Ericsson said on Wednesday its share of the global mobile infrastructure market has surged from 32 percent in May to 36 percent today.
Alibaba Group Chairman Jack Ma said Thursday he expects an answer from Yahoo! within weeks to his long-standing offer to buy all or part of the US Internet giant, saying delays were hurting both firms.
Yahoo Inc.'s stock price soared more than 10 percent late Wednesday on hopes that its once-spurned suitor, Microsoft, will return with another takeover bid now that the struggling Internet company is mulling a possible sale.
Startup Zillow that provides online information about real estate has set the price for its initial public offering of stock at $12 to $14 per share.
Sony chairman and president Howard Stringer on Tuesday apologised to shareholders and customers over a massive data leak, which helped push its its share price to a two-year low this month.
(AP) -- Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media.