Edition:
United States

Anne Kauranen

Italy stands by main pillars of budget as EU deadline nears

Nov 09 2018

ROME/HELSINKI Italy stood by the main pillars of its 2019 budget on Friday, as a deadline neared for it to change what Brussels called overly optimistic economic assumptions or face penalties for breaking EU fiscal rules. | Video

WRAPUP 1-Italy stands by main pillars of budget as EU deadline nears

Nov 09 2018

ROME/HELSINKI, Nov 9 Italy stood by the main pillars of its 2019 budget on Friday, as a deadline neared for it to change what Brussels called overly optimistic assumptions or face penalties for breaking EU fiscal rules.

Dethroned at home, Finland's Stubb lives and breathes Europe

Nov 02 2018

HELSINKI/BERLIN He was too sporty, too international and too outspoken for his small country -- but he has no qualms about campaigning to become the next European Commission President.

Tire maker Nokian profit hit by Russia, Norway issues, emissions rules

Oct 31 2018

HELSINKI Finland's Nokian Tires reported a surprise fall in quarterly earnings on Wednesday and cut its full-year profit outlook, citing issues in Russia and Norway on top of new emissions standards that have had an impact across the sector.

Nokia kicks off new cost cuts, counts on 5G for profit boost

Oct 25 2018

HELSINKI Telecom network equipment maker Nokia kicked off a new cost-cutting program on Thursday and repeated an ambitious profit forecast, saying operators' demand for next-generation 5G networks would pick up pace in the remainder of the year.

Nordea profit misses estimates as margins shrink

Oct 24 2018

HELSINKI Nordea posted a larger than expected drop in third-quarter profit on Wednesday, citing pressure on margins, as the company hit back at allegations of lax controls, saying it had spent years beefing up anti-money laundering resources.

UPDATE 2-Ship tech company Wartsila cuts services outlook after profit miss

Oct 23 2018

* Finnish firm sees growth from sulphur scrubbers (Adds CEO comments, background on scrubbers, updates shares)

Russian oligarch under U.S. sanctions files suit against Nordic banks

Oct 22 2018

HELSINKI A Russian businessman under U.S. sanctions over the Ukraine conflict due to his close ties with President Vladimir Putin has filed suit against four Nordic banks, accusing them of discrimination, a court said on Monday.

Russian oligarch under U.S. sanctions files suit against Nordic banks

Oct 22 2018

HELSINKI A Russian businessman under U.S. sanctions over the Ukraine conflict due to his close ties with President Vladimir Putin has filed suit against four Nordic banks, accusing them of discrimination, a court said on Monday.

UPDATE 1-Russian oligarch under U.S. sanctions files suit against Nordic banks

Oct 22 2018

HELSINKI, Oct 22 A Russian businessman under U.S. sanctions over the Ukraine conflict due to his close ties with President Vladimir Putin has filed suit against four Nordic banks, accusing them of discrimination, a court said on Monday.

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