04/08/2016

Nokia makes loss on low demand, costs of Alcatel-Lucent deal

Finnish telecom company Nokia Corp. reported Thursday a second-quarter net loss of 665 million euros ($738 million) due to weak demand for mobile networks and the costs of integrating its acquired competitor Alcatel-Lucent.

Australia boosts climate science research in u-turn

Australia made an abrupt climate change u-turn Thursday, with the issue set to again become a key focus of the national science agency just months after it saw hundreds of jobs cut in a heavily criticised move.

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