Nokia sees tough competition in market for 5G networks

Telecoms gear maker Nokia reported Thursday a surprise first-quarter loss amid tougher competition for the new, superfast wireless 5G networks that are expected to increase in business this year.

China's island cities: Treasure or trouble for Asia?

A high-rise city the size of central London rising out of the ocean next to Sri Lanka's capital is laying down another marker for China's global infrastructure ambitions whose epic scope is sounding alarm bells in Asia and ...

Tesla hit with big loss as car deliveries sputter

Electric carmaker Tesla on Wednesday announced a heavy loss in the first quarter as car deliveries sputtered overseas and a US tax credit that made its prices more attractive was reduced.

Possible $5B Facebook fine echoes European tech penalties

The possibility of a $5 billion federal privacy fine for Facebook suggests that U.S. regulators may be taking a cue from the large penalties their European counterparts have been handing out to U.S. technology giants.

Perfume makers seek natural, sustainable scents

In 1921, perfumer Ernest Beaux discovered that adding synthetic aldehydes to natural rose and jasmine scents produced just the right fragrance combination for the iconic CHANEL No. 5 perfume. Today, perfume makers have more ...

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