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Nokia

EU approves $2.3 billion takeover of Infinera by Nokia

BRUSSELS: The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S....

Published 26 Feb, 2025 09:08pm

Business & Finance

Nokia picks Intel’s AI and data center leader Hotard as new CEO

COPENHAGEN: Finland’s Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin...

Published 10 Feb, 2025 11:46am

Technology

Telecom giant Nokia says net profit rose 89% in 2024

HELSINKI: Finnish telecommunications equipment giant Nokia reported on Thursday an 89 percent rise in net profit for...

Published 30 Jan, 2025 11:48am

Business & Finance

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

STOCKHOLM: Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and...

Published 17 Oct, 2024 06:09pm

Opinion

And the brand lives on…

The product dies. The factory shuts down. The shelves become empty. The shops forget it. The mind stores in memory....

Published 02 Oct, 2024 06:49am

Technology

Nokia sees stronger H2 after Q1 comparable profit grows less than expected

Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable...

Published 18 Apr, 2024 10:54am

Technology

Nokia and Dell agree partnership on private 5G, cloud networks

LONDON: Nokia and Dell Technologies have agreed a partnership to help deploy so-called private 5G networks and adapt...

Published 15 Feb, 2024 06:08pm

Technology

Nokia to cut up to 14,000 jobs after sales drop 20%

STOCKHOLM: Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost...

Published 19 Oct, 2023 11:00am

Technology

From bricks to flips: 50 years of mobile phones

PARIS: From brick-sized handsets popular with stockbrokers to intensely powerful computers that sit in all our...

Published 30 Mar, 2023 01:02pm

Technology

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

STOCKHOLM/MOSCOW: When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure...

Published 21 Dec, 2022 01:46pm

Business & Finance

Telenor hosts discussion on ‘safety in supply chain’

ISLAMABAD: Telenor Pakistan hosted an event on “Safety in Supply Chain”, where industry experts deliberated on...

Published 03 Nov, 2022 05:50am

Business & Finance

PTCL, Nokia sign MoU for innovative IT solutions

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Nokia have announced the signing of a Memorandum of...

Published 21 Oct, 2022 05:57am

Markets

European shares rise after UK’s Truss resigns

LONDON: European shares rose on Thursday after Liz Truss said she was resigning as the United Kingdom’s prime...

Published 21 Oct, 2022 05:57am

Business & Finance

1-Terabit transport capacity per wavelength: PTCL, Nokia successfully conduct trial

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has successfully conducted country’s first trial of...

Published 11 Aug, 2022 04:35am

Technology

Nokia’s quarterly operating profit beats forecasts on 5G demand

STOCKHOLM: Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market...

Published 21 Jul, 2022 11:41am

Business & Finance

Nokia’s quarterly profit beats on 5G demand

STOCKHOLM: Telecom equipment maker Nokia reported a stronger-than-expected quarterly operating profit on Thursday,...

Published 28 Apr, 2022 12:02pm

Business & Finance

Nokia to quit Russian market

HELSINKI: Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after...

Published 12 Apr, 2022 01:51pm

Pakistan

Nokia to launch ‘Smart City’ pilot project in Lahore

LAHORE: A multinational telecommunication company, Nokia, has principally agreed to launch the country’s first...

Published 12 Feb, 2022 05:09am

Business & Finance

Nokia says revenue and margins to rise as turnaround gathers pace

HELSINKI: Finnish telecoms equipment maker Nokia said on Thursday it expects its revenue to grow this year and set a...

Published 03 Feb, 2022 12:38pm

Business & Finance

Nokia expects strong 2022 as supply crunch eases

HELSINKI: Finnish telecoms giant Nokia performed better than expected last year and foresees further growth in 2022...

Published 11 Jan, 2022 05:24pm

Technology

China calls on Canada to ignore Huawei risks 'invented' by US

MONTREAL: A senior Chinese diplomat called on Ottawa Tuesday to ignore national security risks that had been...

Published 08 Dec, 2021 10:21am

Pakistan

‘Smart City’ pilot project in Lahore: Nokia, PSCA enter into deal

LAHORE: A multinational telecommunication company, Nokia, has entered into an agreement with the Punjab Safe Cities...

Published 23 Nov, 2021 03:54am

Technology

Nokia to launch cloud-based software subscription service

STOCKHOLM: Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom...

Published 17 Nov, 2021 10:28am

Business & Finance

Nokia shrugs off chip problems to lift profit

HELSINKI: Finnish telecoms network equipment maker Nokia said Thursday that it was able to boost its profits in the...

Published 01 Nov, 2021 05:02am

Nokia wants to help develop 5G ecosystem roadmap in Pakistan: officials

ISLAMABAD: Nokia has expressed keen interest for collaboration with the Ministry of Information Technology and...

Updated 03 Oct, 2021 11:42am

Business & Finance

Nokia lifts full-year forecast as turnaround takes root

The company had announced on July 13 that it would raise its outlook, but did not provide any details

Published 29 Jul, 2021 11:49am

Business & Finance

Nokia plans to raise full-year outlook, citing strong quarter

The telecom equipment maker had earlier projected 2021 net sales of between 20.6 billion euros ($24.43 billion) to 21.8 billion.

Published 13 Jul, 2021 11:38am

Technology

Musk set to tout Starlink progress as cost, demand hurdles linger

But the beta test customer said he experiences dropouts during calls on Microsoft Teams and Zoom.

Published 29 Jun, 2021 10:53am

Business & Finance

Daimler to pay Nokia patent fees, ending legal fight

BRUSSELS: Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech...

Published 02 Jun, 2021 04:29am

Business & Finance

Ericsson to pay 80m euros to Nokia in bribes case

STOCKHOLM: Swedish telecoms equipment maker Ericsson said Wednesday it had agreed to pay Finnish competitor Nokia 80...

Published 13 May, 2021 03:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 21	280.92
USD PKR Interbank Buying / Apr 21	280.72
USD to Japanese Yen / Apr 21	140.83
USD to Swiss Franc / Apr 21	0.81
Pound Sterling to USD / Apr 21	1.34
Euro to USD / Apr 21	1.15
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
Nasdaq / Apr 17	16,286.45
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
India Sensex / Apr 21	21,395.14
Tokyo Nikkei / Apr 21	34,356.93
Hang Seng / Apr 21	79,442.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Crude Oil USD/Barrel / Apr 21	63.76
Gold Spot USD/Ounce / Apr 21	3,389.31
Cotton US¢/pound / Apr 21	67.13
Petrol/Litre / Apr 22	254.63
Diesel/Litre / Apr 22	258.64

Gainers
Losers
Leaders

Stock	Price
Quice Food / Apr 21 Quice Food Industries Limited(QUICE)	7.53 ▲ 1 (15.31%)
Beco Steel Ltd / Apr 21 Beco Steel Limited(BECO)	10.16 ▲ 0.94 (10.2%)
Saritow Spinning / Apr 21 Saritow Spinning Mills Limited(SSML)	16.79 ▲ 1.53 (10.03%)
Power Cem(Pref) / Apr 21 Power Cement (Pref)(POWERPS)	16.48 ▲ 1.5 (10.01%)
Crescent Steel / Apr 21 Crescent Steel & Allied Products Limited(CSAP)	128.69 ▲ 11.7 (10%)
Diamond Ind. / Apr 21 Diamond Industries Limited(DIIL)	27.73 ▲ 2.52 (10%)
EMCO Industries / Apr 21 Emco Industries Limited(EMCO)	36.29 ▲ 3.3 (10%)
K.S.B.Pumps / Apr 21 KSB Pumps Company Limited(KSBP)	184.40 ▲ 16.76 (10%)
Nagina Cot. / Apr 21 Nagina Cotton Mills Limited(NAGC)	54.98 ▲ 5 (10%)
National Silk / Apr 21 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)

Stock	Price
Pak Reinsurance / Apr 21 Pakistan Reinsurance Company Limited(PAKRI)	13.45 ▼ -2.45 (-15.41%)
Arpak Int. / Apr 21 Arpak International Investments Ltd.(ARPAK)	61.41 ▼ -6.54 (-9.62%)
Samba Bank / Apr 21 Samba Bank Limited(SBL)	9.07 ▼ -0.9 (-9.03%)
NBP PGETF / Apr 21 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	21.51 ▼ -1.76 (-7.56%)
Dewan Automotive Eng. / Apr 21 Dewan Automotive Engineering Limited(DWAE)	32.93 ▼ -2.64 (-7.42%)
Bela Auto / Apr 21 Bela Automotives Limited(BELA)	151.60 ▼ -12.05 (-7.36%)
UDL International / Apr 21 UDL International Limited(UDLI)	7.80 ▼ -0.62 (-7.36%)
Leiner Pak Gelat / Apr 21 Leiner Pak Gelatine Limited(LPGL)	112.52 ▼ -8.89 (-7.32%)
Kohinoor Mills / Apr 21 Kohinoor Mills Limited(KML)	30.93 ▼ -2.44 (-7.31%)
Next Capital / Apr 21 Next Capital Limited(NEXT)	7.36 ▼ -0.58 (-7.3%)

Stock	Volume
Cnergyico PK / Apr 21 Cnergyico PK Limited(CNERGY)	103,028,410 ▲ 0.01
Power Cement / Apr 21 Power Cement Limited(POWER)	62,587,267 ▲ 1.23
B.O.Punjab / Apr 21 The Bank of Punjab(BOP)	42,587,808 ▲ 0.25
Sui South Gas / Apr 21 Sui Southern Gas Company Limited(SSGC)	29,216,804 ▲ 0.9
Sui North Gas / Apr 21 Sui Northern Gas Pipelines Limited(SNGP)	28,845,690 ▲ 10.7
Fauji Foods Ltd / Apr 21 Fauji Foods Limited(FFL)	27,776,861 ▲ 0.64
Maple Leaf Cement / Apr 21 Maple Leaf Cement Factory Limited(MLCF)	25,090,099 ▲ 3.93
Pak Int.Bulk / Apr 21 Pakistan International Bulk Terminal(PIBTL)	23,630,998 ▼ -0.03
Pak Elektron / Apr 21 Pak Elektron Limited(PAEL)	21,655,133 ▲ 1.29
Fauji Cement / Apr 21 Fauji Cement Company Limited(FCCL)	16,149,277 ▲ 0.34

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