Helsinki

HELSINKI  | Nokia to cut costs as it waits for 5G network demand to grow

HELSINKI  — Telecom networks provider Nokia has reported lower third-quarter earnings and says it will start a new cost-cutting scheme as it waits for demand for the new 5G systems to pick up. The Finnish company said Thursday that its net profit for the July-September period stood at 309 million euros ($352 million), down from … Continue reading HELSINKI  | Nokia to cut costs as it waits for 5G network demand to grow

HELSINKI | Russian minority party wins Latvian vote; populists surge

HELSINKI — An opposition party favored by Latvia’s large ethnic Russian minority has won the Baltic nation’s parliamentary election, but it’s expected to face difficulties forming a ruling coalition after a vote that saw new populist parties surge and government parties falter. Voters in Latvia, a member of the European Union and NATO, chose Saturday … Continue reading HELSINKI | Russian minority party wins Latvian vote; populists surge

HELSINKI | Estonia suspects former officer, father spied for Russia

HELSINKI — Estonian officials said Wednesday that a former military officer and his father have been arrested on suspicion of treason and spying for Russia. The state prosecutor’s office and the Estonian Internal Security Service, or the security police, said in a joint statement that Deniss Metsavas, born in 1980, and Pjotr Volin, born in … Continue reading HELSINKI | Estonia suspects former officer, father spied for Russia

HELSINKI | Estonia, Finland support scrapping EU daylight savings time

HELSINKI — Estonia says it favors an idea floated by neighboring Finland to abolish the practice of advancing the clock an hour during the summer within the European Union but is undecided yet which time it prefers to stay in permanently. Economics Minister Kadri Simson said Thursday the practice of advancing clocks by an hour … Continue reading HELSINKI | Estonia, Finland support scrapping EU daylight savings time

HELSINKI | Woman fined $156 for wearing face veil in Denmark

HELSINKI — A 28-year-old woman wearing a face veil has become the first person in Denmark to be fined for violating a new law banning such garments in public places. Danish news agency Ritzau reported that police were called to a shopping center in Horsholm, a city of some 46,000 inhabitants close to Copenhagen, on … Continue reading HELSINKI | Woman fined $156 for wearing face veil in Denmark

HELSINKI  | Nokia profit hit as clients wary of spending on new networks

HELSINKI  — Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts. The Finnish maker of telecommunications gear said Thursday that its net profit for the April-June period came in at 144 million euros … Continue reading HELSINKI  | Nokia profit hit as clients wary of spending on new networks

WASHINGTON  | Proposed Trump-Putin meeting at White House is put off

WASHINGTON  — That White House summit President Donald Trump proposed with Russian President Vladimir Putin isn’t going to happen anytime soon. National security adviser John Bolton points to special counsel Robert Mueller’s investigation into Russian interference in the 2016 election as the reason for the delay. Bolton referred to the investigation as a “witch hunt,” … Continue reading WASHINGTON  | Proposed Trump-Putin meeting at White House is put off

HELSINKI | EU officials to meet Trump, wielding a $20-billion threat

HELSINKI — Top European Union officials were going into a meeting with U.S. President Donald Trump on Wednesday warning they are ready to put tariffs on $20 billion of American goods if he puts duties on car imports. EU Commission President Jean-Claude Juncker and trade chief Cecilia Malmstrom will meet Trump in Washington to try … Continue reading HELSINKI | EU officials to meet Trump, wielding a $20-billion threat