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Nokia name to return to smartphones in bet on brand’s power

Bloomberg The Nokia brand is set to return to smartphones two years after the Finnish company sold its handset business amid competition from the iPhone and Android devices. Nokia Oyj will license its brand to a Helsinki-based company run by former Nokia executives to bring new mobile phones and tablets to the market. HMD Global Oy plans investments topping $500 ...

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LSE and Deutsche Boerse to publish deal documents in June

Bloomberg London Stock Exchange Group Plc and Deutsche Boerse AG said they will publish shareholder documents relevant to their planned merger in June. LSE shareholder meetings required in connection with the proposal to combine the exchange groups will take place in July, after U.K. citizens vote on Britain’s membership of the EU. The deadline for Deutsche Boerse shareholders to accept ...

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VW vows more profit to defuse activist slur

  Bloomberg Volkswagen AG responded to criticism from activist investor Chris Hohn with promises to improve profitability and review management pay, seeking to avoid a confrontation as criticism mounts in the wake of the emissions-cheating scandal. The German carmaker agrees with much of the investor’s analysis and is working on a strategy, including financial targets, that will be presented this ...

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