SoftBank mobile unit in record IPO but market debut flops

Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.

EU car sales top 15-mn barrier in 2017: data

The number of new cars sold in Europe topped the 15-million mark for the first time in a decade in 2017, the bloc's industry body calculated in new data published Wednesday.

Nokia turns to Q1 profit but networks division is a concern

Buoyed by strong overall sales, Nokia made a net profit of 177 million euros ($195 million) in the first quarter from a loss a year earlier, but its shares plummeted more than 10 percent Thursday over a weak performance at ...

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