The Finnish telecommunications equipment company Nokia recorded a net loss of 632 million euros in the first half of 2019, which is equivalent to a 1.1% improvement over the red numbers recorded in the same period of the previous year, as reported by the company.
Between January and June, Nokia's…
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Browsing Tag
losses
Deutsche Bank estimates losses in merger with Commerzbank
The merger between Deutsche Bank and Commerzbank is a negotiation that has been driven by the German Ministry of Finance and reaches his fifth week of discussions.
However, there are some aspects against the negotiation. One of them is…
Boeing losses big amounts due to accident in Ethiopia
The US company Boeing, the manufacturer of the controversial models 737 MAX involved in fatal accidents, losses 23,600 million euros in the stock market.
The chain reaction of airlines that had placed orders for up to 20 aircraft of this…
Bitmain recorded millionaire losses at the end of 2018
This week the company dedicated to the sale of miners, Bitmain presented the report of the third quarter of 2018, where millionaire losses were recorded.
In total, the company dedicated to the manufacture and marketing of hardware for…
Deutsche Bank studies merger with Commerzbank this year
European banks are hit hard after word of the merger intentions between Deutsche Bank - the main German - and Commerzbank. According to the Bloomberg agency, the somewhat desperate initiative has the support of Angela Merkel's government.…
Huobi announces dismissal of personnel for adjustments
The end of 2018 will be bleak for a large percentage of Huobi Group employees after the announcement of a "minor" adjustment that involves a wave of layoffs.
The main Chinese exchange, with more than 1,000 workers, seems to follow the…
Piñatex is an ecological textile material alternative to leather
The Spanish designer Carmen Hijosa worked in the leather industry and was concerned about the high costs of production and manufacturing, as well as the impact on the environment. A few years ago the now director of the company Ananas Anam…
Steemit foresees massive dismissal of workers
The blockchain platform Steemit announced drastic measures in its internal structure to reduce costs before the dramatic drop in the value of its cryptocurrency. Among the most difficult decisions is the dismissal of 70% of its workers.…
Galaxy Digital experiences millionaire losses
The cryptocurrency commercial bank Galaxy Digital Holdings LP is going through a prolonged crisis, with losses estimated at $ 41 million during the third quarter of 2018. This was recently announced by Mike Novogratz, CEO of the entity.…
Spanish bank faces losses in the stock market due to Turkish crisis
The Turkish crisis driven by the tariff measures applied by Donald Trump caused losses in Spanish banks by the order of 2.41% in the stock market. The most affected bank is BBVA, given that Turkey concentrates 14% of its total loan…