Nokia denies return to phone manufacturing

Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones. "Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are false," Nokia said in a statement posted on its website.

Two-year degrees can really pay off

Steven Polasck of Corpus Christi, Texas, liked math and science in high school. He considered attending a four-year college but ultimately decided to use his strengths to get a two-year degree in instrumentation from Texas State Technical College. He has not looked back.

Retailers make a killing ahead of Pacquiao-Mayweather megafight

Sales of Manny Pacquiao boxing gear and effects have soared as much as 10 times ahead of his May 2 megafight with Floyd Mayweather, with Philippine retailers struggling to cope with demand from fans snapping up any paraphernalia they could find.

India's Ratan Tata buys stake in Chinese phone maker Xiaomi

Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.

ECB's Liikanen warns of asset price bubbles due to low interest rates

A flood of cheap money risks creating bubbles in financial markets if interest rates remain low for a long period, European Central Bank Governing Council member Erkki Liikanen was quoted as saying on Sunday.

German Chancellor, Greek PM agree to stay in touch to reach debt deal

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation on Sunday to maintain contact during talks between Athens and its lenders to reach a debt deal, a Greek government official said.

More central banks meet, but ability to pilot economies in doubt

Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.

If Greece falls, no one wants their prints on the murder weapon

"We're going bust." "No, you're not." "You're strangling us." "No we're not." "You owe us for World War Two." "We gave already."

Pop Milano sits pretty as Italy cooperative banks brace for M&A

At least five investment banks are vying to win a mandate from Banca Popolare di Milano (BPM) (PMII.MI) and find it a partner as Italian cooperative lenders gear up for a wave of mergers following a landmark reform of the sector.

Lower Saxony premier says VW Chairman's exit was 'unavoidable'

The premier of the German state of Lower Saxony, which owns 20 percent of Volkswagen (VOWG_p.DE), said the resignation of VW Chairman Ferdinand Piech announced on Saturday was necessary to create clarity about the carmaker's leadership.

BlackBerry considers closing Sweden operations

BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters.

Orange boss sees end to French telecom price war

The chief executive of France's telecom leader Orange said on Saturday he believed the price war in the national telecoms sector was coming to a close.

Investors seek protection against healthcare stock decline

Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.

Deutsche faces tough task paring back retail, investment banking

If running a global bank is complicated, cutting one back is even more difficult. Deutsche Bank (DBKGn.DE) faces a long and costly battle, analysts say, to sell Postbank (DPBGn.DE) and pare investment banking, the new strategic goals it outlined late on Friday.

UBS chairman says Greek default increasingly seen by IMF as controllable

UBS's (UBSG.VX) chairman said a default by Greece is seen by the International Monetary Fund as "systemically controllable" and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview published on Saturday.

Canon says owns 84 percent of Axis, won't raise offer

Canon Inc (7751.T) said on Friday it owned 84 percent of the shares in Swedish video-surveillance firm Axis AB (AXIS.ST), and said it was extending the period for other shareholders to accept but would not raise its offer price of 340 Swedish crowns per share.

Petrobras tries to turn page on corruption, talks oil

Executives at Brazil's Petrobras on Thursday sought to move on from a giant corruption scandal that has plagued the state-run oil company, outlining a back-to-basics recovery plan that left some investors hoping the worst was over.

America Movil says still looking at Mexico asset sale alternatives

Mexico's America Movil (AMXL.MX) said on Friday that it was still reviewing alternatives to a sale of assets in Mexico in the wake of AT&T's entry into the market, adding that it did not want to sell infrastructure.

Sony raises FY 2015 profit forecast to $2.5 billion: Nikkei

Japanese consumer electronics firm Sony Corp (6758.T) has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.

Volvo to make new generation of small cars in Belgium and China: CEO

Sweden's Volvo Cars will produce at its Belgian factory a small car based on a common platform and engine technology developed with Chinese parent Zhejiang Geely Holding Group [GEELY.UL], Volvo's chief said.

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