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Nokia sales fall 6% in Q2, sees better H2 as 5G roll-out starts

2018-07-26 07:52:00| Telecompaper Headlines

(Telecompaper) Nokia saw its sales turn lower again in the second quarter, but said it expects the networks business to improve in the second half, as 5G deployments start toward the end of the year. Second-quarter sales fell to EUR 5.3 billion from EUR 5.6 billion a year ago and were down 1 percent on a constant currency basis. The net loss narrowed to EUR 0.05 per share from EUR 0.07 a year earlier, while adjusted EPS dropped to EUR 0.03 from EUR 0.08. 

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Santander sees growth but UK profits slip

2018-07-25 08:40:35| BBC News | Business | UK Edition

The Spanish bank's earnings fall 16% in the UK, but growth in the US and Brazil is strong.

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China Sees Drastic Drop in Scrap Imports

2018-07-17 19:32:00| Waste Age

Chinas General Administration of Customs reports that the country has seen a 56 -percent drop in scrap imports in the first half of 2018.

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China Sees Drastic Drop in Scrap Imports

2018-07-17 17:28:33| Waste Age

Chinas General Administration of Customs reports that the country has seen a 56 -percent drop in scrap imports in the first half of 2018.

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ZTE sees CNY 7-9 bln loss in H1 after US ban

2018-07-13 17:28:00| Telecompaper Headlines

(Telecompaper) ZTE said it expects its net result for the first half of this year to sink to a loss of CNY 7-9 billion from a profit the year before of CNY 2.29 billion, a decline of 405-492 percent. The preliminary basic loss per share is seen at CNY 1.67-2.15 from earnings of 0.55. ZTE attributed the sharp declines to the suspension of its operating activities as a result of the export ban imposed by the US government on the Chinese company. 

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