SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »Nokia raises merger savings target as sales trail estimates
Bloomberg Nokia Oyj Chief Executive Officer Rajeev Suri raised the target for cost savings from the acquisition of Alcatel-Lucent SA as he tries to support earnings after second-quarter sales trailed analysts’ estimates. Sales dropped 11 percent on a pro forma basis to 5.68 billion euros ($6.33 billion), compared with an average analyst estimate of 5.87 billion euros. Adjusted earnings ...
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