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Nokia cuts losses as merger with rival proceeds

  Helsinki / AFP Finnish telecom equipment giant Nokia said on Thursday it has managed to reduce losses but remained in the red in the third quarter after acquiring its former rival, French-American Alcatel-Lucent. The world’s former number one in handsets, which turned into a telecom equipment maker, reported a net loss of 125 million euros ($135 million) in the ...

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‘Dieselgate’ clouds gather over Audi

  Berlin / AFP German auto giant Volkswagen on Thursday lifted its forecast for the year after swinging back to profit, but the fallout from the group’s “dieselgate” emissions cheating scandal weighed heavily on its luxury brand Audi. One year on from the crisis, the VW group’s recovery appeared on track as it posted net profit of 2.3 billion euros ...

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Children left in Calais ‘Jungle’ as demolition gathers pace

  Calais / AFP Dozens of migrants, including children, were left wandering on Thursday through France’s “Jungle” camp after sleeping rough on the edges of the burnt-out Calais settlement. Excavators began tearing down remaining shelters a day after the official operation to clear the camp came to a dramatic end, with fires started by departing migrants ripping through the shanty ...

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