Technology

Nokia widens losses in 2017, but turned in 16m euros operating profit

 Nokia has disclosed that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone…

New technology to create new opportunities, says Schneider Electric CEO

New technology will make jobs obsolete but will also create a lot of opportunities, the CEO of Schneider Electric said…

IBM recovers after six years, but higher tax rate fear looms

International Business Machines Corp’s revenue finally shot up for the first time in 23 quarters, beating analysts’ estimates, but James…

Huawei founder, executives to pay $469,000 fine over quality breaches

Ren Zhengfei, HUAWEI Technologies co-founder, and top executives will pay a self-imposed fine totaling $469,000 for management oversight of some…

UK Royal Mail taps into e-commerce as Nigeria’s NIPOST nears unbundling

UK Royal Mail has effectively tapped into logistics deployment, becoming the number one promoter of e-commerce in the United Kingdom,…

Samsung tops list of capital spenders in 2017 with $44bn.

South Korea’s Samsung Electronics Co. spent $44 billion in 2017 on capital expenditure than any other publicly traded company, according…