Nokia quarterly results due amid share slide
Finnish mobile phonemaker Nokia announces its second quarter results Thursday, in the wake of a share price slide on the Helsinki stock exchange Wednesday.
Shares in mobile phone manufacturer Nokia have continued their downhill slide on the Helsinki Stock Exchange.
By early Wednesday afternoon, the value of Nokia shares had dropped by 1.5 percent to stand at 1.37 euros. On Tuesday, Nokia closed the day at 1.4 euros
Last month the beleaguered phonemaker issued a profit warning, and announced the closure of manufacturing operations in Salo, southwest Finland. It also announced another massive round of 10,000 layoffs globally, including nearly 4,000 jobs in Finland.
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Gaming industry draws foreign talent to Helsinki region
Turning to the electronic gaming industry, more and more foreign companies are interested in setting up branch offices in Helsinki. Finnish firms also employ many foreigners, with about one-third of workers at major gaming companies from abroad.
Unknown soldiers laid to rest on Memorial Day
As this is also Whit Sunday or Pentecost, many shops are closed.
Soini and SDP contest workers’ support
The Social Democratic Party’s recent ministerial changes, which tipped the gender balance and created a female-majority cabinet, brought strong criticism from Finns party leader Timo Soini. He claimed the party had abandoned working-class men. Soini's comments provoked a strong response from the SDP.
Finnish Eurovision contestant: Kiss may have cost points
The ESC title remains in the Nordic region, but the Finnish entrant failed to attract much support.
Siegfrids hopes for Eurovision success
The Danish pre-contest favourite believes that this could be Scandinavia’s year, while Finnish contestant Krista Siegfrids promises to celebrate whether she wins or not.
Lions’ golden dream dies in Stockholm
Finland’s men's ice hockey team lost 3-0 in their World Championship semi-final against arch-rivals Sweden on Saturday in Stockholm. The Lions will play in the bronze medal match on Sunday.
Summery, thundery conditions continue over the weekend
Summer has finally arrived in Finland, with warmer than average temperatures and some lively bursts of thunder expected. That means the south and east of Finland are set for warm weather—and rain—this weekend.
SDP chair rejects calls to appoint new Foreign Minister
Social Democratic Party chair and Finance Minister Jutta Urpilainen has rejected calls to appoint a new Foreign Minister, saying that incumbent Erkki Tuomioja is “the right man” for the job. The demands followed Urpilainen’s decision Friday to shake up the party's cabinet line-up.
Restaurant Day celebrates Finland’s growing culinary diversity
A group of hard-boiled food enthusiasts cooked up the ninth Restaurant Day, which took place Saturday. The originally Finnish idea has been to feed a grassroots movement celebrating food, fellowship and community.
Bus drivers’ strike continues through the weekend
Bus drivers who shut down their engines and walked off the job at a Vantaa bus depot last Tuesday will continue their work stoppage through the weekend. The drivers are protesting plans to introduce a new shift system, which they say provides inadequate rest periods. Employer and employee representatives have had no success resolving the impasse.
