Tuomas Forsell

Finnair drops hope of joining airline consolidation, looks to Asia

Mar 14 2018

HELSINKI Finnair has dropped hopes of taking part in industry consolidation because politicians oppose relinquishing state control and will instead look to Asia to expand alone, its chief executive said.

EU to back May on Russia with words, but limited action

Mar 14 2018

HELSINKI/BRUSSELS British Prime Minister Theresa May has a week to rally wary European Union leaders behind punitive measures against Moscow over the poisoning of a Russian former spy but will struggle to secure major EU action at an EU summit next Thursday.

France's Areva to pay $554 million to settle Finnish reactor dispute

Mar 11 2018

HELSINKI/PARIS France's Areva SA settled a long-running dispute with Finland's Teollisuuden Voima (TVO) by agreeing to pay 450 million euros ($554 million) for cost overruns and delays at a nuclear reactor it is building with Germany's Siemens.

Northern EU states urge caution in euro reforms

Mar 06 2018

HELSINKI Eight northern European countries said on Tuesday that euro zone reforms should focus on completing the banking union, improving compliance with budget rules and setting up a European Monetary Fund, with more ambitious plans left for later.

Head of games at Angry Birds firm goes after profit warning

Mar 02 2018

HELSINKI "Angry Birds" maker Rovio said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares plunging 50 percent.

Investors take flight after Angry Birds maker warns on profit

Feb 22 2018

HELSINKI Angry Birds game maker Rovio Entertainment warned that profitability would fall short of forecasts, halving its share price and leaving investors in the Finnish company nursing big losses after a flotation last September. | Video

Fortum falls short of majority control in Uniper

Feb 07 2018

HELSINKI Finnish utility Fortum fell short of gaining majority control of German peer Uniper with its 8.05 billion euro ($10.0 billion) takeover offer, after Uniper's management advised shareholders not to tender their shares.

Thousands protest against unemployment benefit cuts in Helsinki

Feb 02 2018

HELSINKI More than 7,000 Finns rallied on Friday in Helsinki to protest cuts to unemployment benefits, with strikes halting public transport in the capital and closing harbours and factories around the country.

Finns, worried by Russia, hand cautious president huge election win

Jan 28 2018

HELSINKI Finland's moderate President Sauli Niinisto cruised to a rare first round election win on Sunday as his delicate balancing of ties with neighbor Russia and the U.S.-led NATO military alliance resonated with voters.

Finns, with wary eye to Russia, set to re-elect cautious Niinisto president

Jan 24 2018

HELSINKI Finns are expected to re-elect moderate Sauli Niinisto for a second six-year term in elections on Sunday, counting on his skill and caution to ensure a close relationship with NATO without antagonizing neighboring Russia.

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