Global stocks retreat as Chinese markets rally, euro steady ahead of ECB meeting. Chinese blue-chips surge while European equities and US stock futures decline. Investors await ECB monetary policy decision and guidance on rate cuts from President Lagarde. Nokia's positive earnings offset by pressure on financials and healthcare sectors. Tesla shares drop following an earnings miss. German government bond yields rise, US Treasury yields remain unchanged. Dollar faces pressure as investors take profits, leading to gains in the euro. BNY Mellon strategist expresses confidence in Chinese market stability. Brent crude futures rise. Yen remains steady after a one-day rally against dollar. Global markets await ECB decision and monitor economic indicators and central bank communications.
Telia Finland partners with Nokia to deploy Nokia's 5G SaaS for automated network deployment, enabling the creation of innovative software applications and enhancing the power of 5G connectivity.
AT&T selects Ericsson for $14B 5G contract, leaving Nokia's North American market presence uncertain. CEO cites need for modernized network and potential for future partnerships.
HMD Global launches the Nokia C32, a budget-friendly smartphone with dual cameras, bright 6.5-inch HD+ display, and IP52-rated protection. This device offers great value with memory configurations of 7GB + 64GB and 7GB + 128GB respectively. Enjoy clear pictures with a 50MP AI dual main camera plus 8MP selfie camera.