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UPM-Kymmene Corp., the world's largest magazine paper maker, on Thursday reported a third-quarter net profit of euro40 million ($59 million), mostly thanks to one-time gains and despite a drop in sales.
Finland's coalition government won a clear victory in a vote of confidence over political funding in Parliament on Thursday, but pressure mounted on the prime minister over a scandal involving building materials for his house.
Russian President Dmitry Medvedev said Monday that U.S. plans for a missile shield in Europe threaten to disrupt the weapons balance between the two countries.
Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the world economic downturn — but its shares surged, because analysts had expected an even gloomier report.
Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the world economic downturn — but its shares surged as analysts had expected an even gloomier report.
Nokia Corp. said Tuesday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector.
Several European countries have restricted gun laws in the wake of school massacres, gang violence and other gun-related crimes:
Russian plans for a European security pact drew a cool response from a long-established, trans-Atlantic group Thursday, with the U.S. saying there was no need for a new "security architecture."
Four Nordic countries and the International Monetary Fund on Thursday pledged a combined $4.6 billion (euro3.64 billion) in loans to help Iceland recover from its economic meltdown.
The top U.S. military officer held "businesslike" talks on Georgia, Afghanistan and missile defense with his Russian counterpart Tuesday, a signal of thawing relations between the two powers.
Martti Ahtisaari was a primary school teacher who became a peacemaker.
An American professor has won the 2008 Millennium Technology Prize for developing biomaterials used in combatting cancer and heart disease, the Finnish prize awarding committee said Wednesday.
Pressure is mounting on Finland's foreign minister to resign after he sent reportedly raunchy text messages to an erotic dancer.
Finnish Prime Minister Matti Vanhanen is suing the publisher of a book his former girlfriend wrote about their relationship, including steamy sauna scenes. He says he and his family have suffered and is seeking damages.
Thousands of displaced Kenyans fearing ethnic clashes fled a western town ahead of a funeral this weekend for a slain opposition lawmaker, the Red Cross said Friday.
The Peace Corps said Tuesday it has suspended operations in Kenya after weeks of postelection violence, another blow to confidence as business leaders voiced concerns over the turmoil's effect on the economy.
Nokia Corp. said Tuesday it expects the global market for mobile devices to grow 10 percent next year, and the company plans to provide its handset owners with more music as part of efforts to enhance its Internet services.
An 18-year-old gunman opened fire at his high school in this placid town in southern Finland on Wednesday, killing seven other students and the principal before mortally wounding himself in a rampage that stunned a nation where gun crime is rare.
A new version of the Nokia 770 Internet Tablet will include a Google Inc. program that enables users to talk to each other and exchange instant messages over the Internet, the world's largest mobile phone maker said Monday.
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