Porsche to double investment in electric cars

German high-end sports car maker Porsche said Monday it would double investments in electrifying its entire range by 2022, as parent company Volkswagen reacts to environmental scandals and new challenges from abroad.

Nokia widens losses in 2017

Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast ...

Estonia makes 'token' effort to take euro crypto

Estonia is looking to drag the euro into the crypto age—and tame the volatility plaguing bitcoin and its peers—by creating a digital token backed by the single European currency.

Angry Birds maker posts loss despite jump in sales

Finland's Rovio Entertainment, creator of the popular smartphone game Angry Birds, on Thursday posted a loss for the third quarter despite rising sales, as it increased its investments with a view to boost its winnings in ...

US dollar lures investors at the expense of the euro

A worldwide shift in the appetite for currency since the 2008 global financial crisis appears to have hurt the Eurozone and helped the United States, according to new research from the University of Chicago Booth School of ...

VW's dieselgate bill jumps on 'complex' US recalls

Volkswagen on Friday said it was setting aside another 2.5 billion euros to deal with the fallout from the "dieselgate" scandal in the United States as its efforts to recall tainted cars there proved to be more "complex" ...

LG loses European appeal against 541 mn euro fine: firm

South Korean electronics giant LG Electronics has lost its final appeal against a giant price-fixing fine imposed by the European Union and will pay more than 540 million euros, it said Friday.

Iceland featured in FIFA 18 game

Iceland fans rejoice. The Nordic country's national team will be featured in the FIFA 18 video game, its football association announced on Wednesday, after reaching an agreement with the developer EA Sports.

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