Edition:
India

Tarmo Virki

Nokia names new finance chief in management revamp

11 Jun 2020

Finnish telecoms equipment maker Nokia named a new finance chief on Thursday, completing an overhaul of its top executive team as it battles rivals Ericsson and Huawei for work on lucrative 5G networks.

Finnair seeks 500 million euros from shareholders to cope with crisis

10 Jun 2020

Finnair launched a share sale on Wednesday to raise 500 million euros ($568 million) from its existing investors, almost as much as its current market value as it seeks to strengthen its finances to cope with the coronavirus crisis.

Danske loan sale calls time on scandal-hit Estonia unit

08 Jun 2020

TALLINN/COPENHAGEN Danske Bank has agreed to sell its remaining Estonian portfolio to local bank LHV , marking an end to a unit that was at the centre of one of Europe's biggest ever money laundering scandals.

Nokia veteran Sari Baldauf takes over as 5G battle rages

27 May 2020

HELSINKI Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.

Uber-rival Bolt raises 100 million euros

26 May 2020

TALLINN Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the European rival of Uber at 1.7 billion euros.

Uber-rival Bolt raises 100 mln euros

26 May 2020

TALLINN, May 26 Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the European rival of Uber at 1.7 billion euros.

Estonia starts testing digital immunity passport for workplaces

23 May 2020

TALLINN Estonia has started to test one of the world's first digital immunity passports, created by a team including founders of global tech startups Transferwise and Bolt, seeking a safer return to workplaces following the coronavirus lockdown. | Video

Finnair to cut costs, draw down part of 600 million euro new loan

20 May 2020

Finnair said on Wednesday it planned to make sweeping cost cuts and said it had received state and bank guarantees for a 600 million euro ($657 million) loan that it planned to draw on this quarter.

Estonia starts testing digital immunity passport for workplaces

20 May 2020

TALLINN, May 20 Estonia has started to test one of the world's first digital immunity passports, created by a team including founders of global tech startups Transferwise and Bolt, seeking a safer return to workplaces following the coronavirus lockdown.

Finnish basic income scheme lifted mental wellbeing: study

06 May 2020

Finland's basic income scheme, which paid the unemployed a small salary regardless of whether they also found work, did little to encourage recipients into employment as hoped, but it did help their mental wellbeing, a first major study of the trial found.

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