WASHINGTON - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Nokia Siemens wins LTE deal from Japan's Softbank
(Adds details on deal)
HELSINKI, April 16 - Nokia Siemens Networks NOKI.UL won an order from Softbank Corp (9984.T) in Japan to help build a new LTE network and to expand its existing 3G network.
Nokia Siemens did not disclose the financial details of the deal, but said it included network implementation and system integration for the LTE services.
(Reporting by Helsinki Newsroom, Editing by Helen Massy-Beresford)
- Tweet this
- Share this
- Digg this