Nokia Dives After Q1 Loss as 'Competitive Intensity' Increases In 5G Bidding

Nokia Dives After Q1 Loss as 'Competitive Intensity' Increases In 5G Bidding

Nokia Corp. (NOK – Get Report) shares traded sharply lower Thursday after the telecoms equipment maker posted a surprise first quarter loss, even as the group held onto its full-year profit targets ahead of an anticipated ramp-up of 5G networks around the …
See Original Article

Royal Bank of Scotland CEO McEwan to step down after more than five years

By Sinead Cruise. LONDON (Reuters) – Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. New Zealand-born McEwan, who has led RBS …
See Original Article

Barclays Struggles as Activist Investor Pressures Unit

LONDON— Barclays BCS -0.93% PLC Chief Executive Jes Staley dismissed the need for any strategic changes after first-quarter net profit in its corporate and investment bank fell 28%. Activist Sherborne Investors is calling for Barclays to move capital away …
See Original Article

Gold gains on weak economic data, firm dollar caps gains

Gold prices edged up on Thursday as a dip in equities and weak economic data from far and wide raised flags about the pace of global economic growth, while a firm dollar curbed further gains for the metal. Spot gold rose 0.2 percent to $1,277.72 per ounce …
See Original Article

Nintendo Misses Estimates Again But Promises Growth For Switch

… was 29.7 billion yen ($266 million) in the three months ended March, compared with the 36 billion yen average of estimates compiled by Bloomberg.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.