The failure of being able to deliver 5G telecoms equipment in time was the primary factors for a surprise quarterly loss for Finland’s Nokia, the company announced and added that the there was pressure on the company to make investment… Read More ›
Day: April 25, 2019
Apple To Have Disappointing iPhone Sale In 2019: Goldman Sachs
US tech giant Apple Inc would not be able to meet up with expectations of the Wall Street in terms of its iPhone shipments in late 2019, said Goldman Sachs in a report. The market expects that the iPhone maker… Read More ›
Swedbanks admits to money laundering
Investors are concerned over the involvement of U.S. authorities. A U.S. sanction on the bank could significantly hamper its ability to transact in the U.S. dollar. On Thursday, in a significant development that adds pressure to the business environment in… Read More ›
Merger between Deutsche Bank & Commerzbank called off citing risks
Both banks have cited growing risks which impact synergy as reasons for calling off the merger. On Thursday, Deutsche Bank and Commerzbank stated, they have ended their merge talks. The announcement has cited restructuring costs, execution risks, and capital requirements,… Read More ›
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