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Nokia promises more cost cuts

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http://www.euronews.com/ Struggling mobile phone maker Nokia has promised it’ll make more, substantial cost cuts after reporting a slightly bigger than expected loss in the first three months of the year. Details of the cuts have yet to be revealed.

Its sales chief is also to leave next month as the sales team is restructured.

The Finnish company said its operating loss was 1.34 billion euros, compared to a 439 million euro profit in the same period last year.

The net loss was 929 million euros from a net profit a year ago of 344 million euros.

Nokia said sales of its new Lumia phones have been mixed as it struggles to compete with smartphone rivals Apple and Samsung.

Chief Executive Stephen Elop said: “We exceeded expectations in markets including the United States, but establishing momentum in certain markets including the UK has been more challenging.”

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Following the crowd: Amsterdam’s smart city solution

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As part of an episode dedicated to smart cities, Business Planet speaks to the city of Amsterdam about its crowd monitoring experiment.

READ MORE : https://www.euronews.com/2021/08/27/following-the-crowd-amsterdam-s-smart-city-solution

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Hundreds of thousands of pro-EU demonstrators gather in Kyiv

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A mass pro-EU rally in the Ukrainian capital Kyiv brought together an estimated 200,000 protesters…

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http://www.euronews.com/2013/12/15/hundreds-of-thousands-of-pro-eu-demonstrators-gather-in-kyiv
A mass pro-EU rally in the Ukrainian capital Kyiv brought together an estimated 200,000 protesters in the city’s Independence Square on Sunday, December 15.

The huge demonstration came on the same day that EU enlargement chief Stefan Fule announced, via Twitter, that talks on a trade deal with Ukraine had been halted.

Four weeks of protest have yielded little result, but opposition leader Vitali Klitschko says most of the country wants closer integration with Europe.

Klitschko told euronews: “70 percent of the Ukrainian population wants to see Ukraine as a part of European family.”

US Senator John McCain became the latest high-profile foreign politician to support Ukraine’s pro-EU activists.

McCain addressed the Kyiv crowd, saying: “Peaceful process and peaceful protest is inspiring your country and inspiring the world. Ukraine will make Europe better, and Europe will make Ukraine better.”

On suspending talks on the EU trade deal last month, Ukraine’s government said it would be refocusing on Russia instead.

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Hydro power to the people: the fight against Bosnia and Herzegovina’s hydroelectric dams

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Bosnia and Herzegovina depends on dirty coal. Hydroelectricity generation is a cleaner, greener alternative. So why are locals protesting against the building of dams and barrages

READ MORE : https://www.euronews.com/2020/07/17/locals-pour-cold-water-on-bosnia-and-herzegovina-s-hydroelectricity-plans

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Lingering doubts over Italy’s austerity plan – Interview

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Following approval by Italy’s government of a 25 billion euro austerity plan over the next two years, Euronews spoke with the Editor-in-Chief of the economic daily ‘Italia Oggi,’ Pier Luigi Magnaschi.

Claudio Rosmino: ”Mr Magnaschi, welcome to Euronews. Following the example of other European countries, Italy has unveiled an anti-crisis strategy. Do you think the main elements of this plan can be effective?”


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Vodafone under pressure in Europe, sees no let-up – corporate

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Vodafone has said it continues to be hit by regulator-ordered price cuts, economic pressures and…

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http://www.euronews.com/2013/07/19/vodafone-under-pressure-in-europe-sees-no-let-up
Vodafone has said it continues to be hit by regulator-ordered price cuts, economic pressures and competitionm around Europe.

Its latest results did meet expectations, but it suffered a worse than expected 5.1 percent drop in service revenue in Germany, its biggest European market, and a 4.5 percent fall in its home base – Britain.

Spain was down 10.6 percent and Italy down 17.6 percent, as cash-strapped customers made fewer calls and did not upgrade their handsets.

The world’s second-largest mobile operator said it sees no prospect of improvement in the near future.

“Conditions in Europe remain challenging in northern and central and southern Europe,” Chief Executive Vittorio Colao told reporters.

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