Rating agency Standard and Poor's on Wednesday downgraded Finnish cellphone maker Nokia's long-term corporate credit rating to BB-, from BB+, citing the likelihood of the company's deteriorating profi

Nokia posted a deep second quarter net loss on Thursday of 1.41 billion euros ($1.74 billion), four times more than during the same period a year earlier and more than double the loss expected by anal

Nokia's surprise announcement of massive new spending cuts and 10,000 more layoffs had observers cautioning the beleaguered mobile phone giant is at a crossroads that will determine if it sinks or swims.

Finland's Nokia, one of the world's biggest mobile phone makers, announced on Thursday that it planned to cut up to 10,000 jobs by the end of 2013 due to massive additional cost-savings measures.

"Th

Samsung Electronics denied it was interested in acquiring Nokia, sending shares in the Finnish mobile phone company down 2 per cent.

Nokia shares rose 6 per cent last Friday on speculation of a possi

Police arrested on Saturday an 18-year-old man suspected of killing two people and wounding seven others in a shooting targeting restaurants packed with teenagers in southern Finland.

The gunman had

Korea's Samsung Electronics Co Ltd ended Nokia Oyj's 14-year leadership of the global cellphone market in the first quarter of the year, outselling the struggling Finnish handset maker for the first t

A formula converging the views of Prime Minister Manmohan Singh and German Chancellor Angela Merkel has the potential to contribute to breaking the logjam in international climate negotiations, rural

World-leading mobile phone maker Nokia intends to cut 4,000 jobs at its smartphone manufacturing facilities in Finland, Hungary and Mexico by the end of 2012, it said on Wednesday.

"The expected head

This is something an air passenger will least expect on a flight even of an Indian carrier -- a Bollywood jig by a foreign crew, all dressed in dazzling salwar kameez and traditional Indian attires!