Nokia surprised investors with strong quarterlyearnings and raised its full-year profit margin forecast as network operators install more powerful systems to cope with surging mobile data traffic.
Regions
EU reaches preliminary deal on Russia economic sanctions
European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.
U.S. durable goods orders rebound, core capital goods rise
Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.
Amazon's heavy investing eats into bottom line, shares drop
Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
Facebook goes express to mega-cap status - now valued more than AT&T, Coke
In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.
Latest News
Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions.
The European Central Bank said on Thursday its website had been hacked and some email addresses and other contact information stolen but insisted no market-sensitive data were affected.
Google's handling of "right to be forgotten" requests from European citizens will come under fire from the continent's privacy watchdogs on Thursday, after the search engine restricted the removal of Internet links to European sites only.
Sony Corp said on Thursday it would invest 35 billion yen ($345 million) to increase production of image sensors for smartphones and tablets, as the company courts handset makers to get more orders for front-facing camera sensors, used to take selfies.
British broadband provider TalkTalk added 185,000 subscribers to its TV service in its first quarter, taking its base to more than 1.1 million and helping revenue rise 3.1 percent to 434 million pounds ($741 million).
Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging marketseven though the country faces increasing Western sanctions over the Ukraine crisis.
eBay Inc's StubHub online ticket resale service said it was the victim of a massive international cyber fraud ring, the details of which authorities plan to disclose on Wednesday as they announce arrests in the case.
A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year.
Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
