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Showing results for "Ericsson"

relates to Nokia CEO Says Low Point has Passed in ‘Weak Year’ for Networks
technology
Nokia CEO Says Low Point has Passed in ‘Weak Year’ for Networks
By Jillian Deutsch
Nokia Oyj said that it’s passed a low point for the year after reporting sales that missed estimates and forecasting a stronger second half.
April 18, 2024
relates to European Stocks Sink in Worst Day Since July on Rates, War Fears
markets
European Stocks Sink in Worst Day Since July on Rates, War Fears
By Farah Elbahrawy
European stocks slumped by the most in more than nine months on concerns that the conflict in the Middle East may escalate, with investors also worrying about interest rates remaining higher for longer.
April 16, 2024
relates to Xiaomi’s Success Means More Trouble for Battered China EV Stocks
industries
Xiaomi’s Success Means More Trouble for Battered China EV Stocks
By Charlotte Yang
Xiaomi Corp.’s roaring entry into the electric vehicle market is dimming the recovery outlook for China’s beaten down auto startups.
April 16, 2024
relates to Stock Markets Today: Dollar's surge, EU-China tensions, Tesla
markets
Stock Markets Today: Dollar's surge, EU-China tensions, Tesla
By Sungwoo Park
Get up to speed with what the markets are monitoring
April 16, 2024
relates to LVMH, L’Oreal Face China Pain: EMEA Earnings Week Ahead
markets
LVMH, L’Oreal Face China Pain: EMEA Earnings Week Ahead
By Chloe Meley and Maggie Shiltagh
Luxury giant LVMH SE and Nordic telecommunication archrivals Ericsson AB and Nokia Oyj are set to usher in the first-quarter reporting season this week.
April 15, 2024
relates to Samsung Shareholders Grapple With Lackluster Performance in AI, Chips
technology
Samsung Shareholders Grapple With Lackluster Performance in AI, Chips
By Yoolim Lee
This past week, I joined Samsung’s AGM for a look at how South Korea’s biggest company is perceived at home. But first...
March 26, 2024
relates to Departures: The Bloomberg Close, Europe Edition
business
Departures: The Bloomberg Close, Europe Edition
By Marc Perrier
Good afternoon. Here’s what you need to know to end your day.
March 25, 2024
relates to Ericsson to Shed 1,200 Swedish Jobs in Bid to Slash Costs
technology
Ericsson to Shed 1,200 Swedish Jobs in Bid to Slash Costs
By Rafaela Lindeberg and Kati Pohjanpalo
Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers.
March 25, 2024
relates to MWC 2024: European Telcos Decry Consolidation Limits
technology
MWC 2024: European Telcos Decry Consolidation Limits
By Jillian Deutsch
March 4, 2024
relates to AI to transform radio access network says Nvidia's Vasishta
business
AI to transform radio access network says Nvidia's Vasishta
Nvidia has been working with telecom providers at the Mobile World Congress in Barcelona to unleash the power of AI. The global chip giant is hoping the collaboration with the likes of Ericsson, Nokia and T-Mobile will enhance mobile network efficiency and unlock new economic opportunities. Ronnie Vasishta, Senior Vice Present for Telecom at Nvidia joined Tom Mackenzie on Daybreak Europe. (Source: Bloomberg)
March 1, 2024