Lufthansa cuts Q1 losses as it digests Air Berlin
German airline giant Lufthansa said Thursday it had pared back losses in the first quarter, but confirmed it expects a slightly leaner result over the full year than in 2017.
German airline giant Lufthansa said Thursday it had pared back losses in the first quarter, but confirmed it expects a slightly leaner result over the full year than in 2017.
Business
Apr 26, 2018
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General Electric has reached an agreement to sell its overseas lighting operations in Europe, the Middle East, Africa and Turkey, the conglomerate said Thursday.
Business
Feb 16, 2018
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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 ...
Business
Feb 1, 2018
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Swedish telecoms giant Ericsson said Wednesday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red.
Business
Jan 31, 2018
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Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected.
Business
Jul 27, 2017
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Ericsson shares plunged more than 15 percent Tuesday after the Swedish mobile networks company posted a second-quarter loss on falling sales and warned that there was unlikely to be any improvement soon.
Business
Jul 18, 2017
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Telecoms giant Nokia on Thursday said that falling network sales and costs stemming from acquisitions and its integration of Alcatel-Lucent had resulted in a "disappointing" loss in 2016.
Business
Feb 2, 2017
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Between 1998 and 2005 an estimated 100 million native birds, reptiles and mammals were killed by destruction of native vegetation in the state of New South Wales.
Ecology
Dec 13, 2016
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Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge more than 7 percent.
Business
Oct 27, 2016
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"Pokemon Go" is giving only a modest boost to Japanese video game maker Nintendo, which has slashed its operating profit and sales forecasts for this fiscal year citing lagging demand for game consoles like the Wii U.
Business
Oct 26, 2016
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