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(Reuters) – Finland’s Nokia and defence technology firm blackned, majority-owned by Rheinmetall, will jointly develop next-generation tactical networks for the German armed forces, the companies said on Wednesday. The new mobile communication systems will be specifically “tailored” for Germany’s defence requirements, Nokia said, with potential for adaptation to other countries’ defense needs. Financial details of …

Nokia, blackned to develop next-gen tactical networks for German army Read More »

COPENHAGEN (Reuters) – Finnair said on Wednesday it would cancel around 110 flights on Friday due to industrial action at Helsinki airport, and that it expected the cancellations to affect around 8,000 of its customers. (Reporting by Louise Breusch Rasmussen; Editing by Jan Harvey)

By Olivia Le Poidevin GENEVA (Reuters) -The United Nation’s agency for labour on Wednesday cut its global employment forecast for job growth this year to 1.5% due to a worsening global economic outlook and trade tensions. Some 53 million jobs will be created this year, that is seven million less than previously thought as economic …

UN labour body cuts global job forecast amid economic slowdown Read More »

By Tim Hepher and David Shepardson PARIS/WASHINGTON (Reuters) -The head of the world’s largest aircraft leasing company has called on U.S. President Donald Trump to renegotiate and expand a duty-free trade agreement for the aircraft industry to include newcomers like China in a new lobbying twist to the trade war. The aerospace industry has for …

Exclusive-Aircraft leasing giant calls on Trump to expand zero-tariff plane pact Read More »

STOCKHOLM (Reuters) -Risks to financial stability in Sweden have increased as a result of U.S. President Donald Trump’s tariffs and the administration’s foreign policy agenda, the central bank said on Wednesday. “The sharp shifts in U.S. trade and security policy have caused substantial market movements during the spring and entail greater uncertainty than usual,” the …

Risks to financial stability in Sweden have increased, Riksbank says Read More »

(Reuters) -Greece’s largest carrier, Aegean Airlines, reported record first-quarter core profit on Wednesday, boosted by a rise of 8% in passenger traffic. A member of the Star Alliance airlines group, Aegean reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of 43.8 million euros ($49.56 million) in the first quarter, up from 33.2 million a …

Aegean Airlines reports record Q1 core profit as passenger traffic rises Read More »