Nokia Profit Misses Forecast, Expects Stronger Second Half

Maintains fullyear sales, margin outlook Comparable operating margin fell to 8.2 from 10.9 Expects recovery in North American market in H2 STOCKHOLM, April 20 Reuters Nokia on Thursday reported operating profit below market expectations for the first quarter and the Finnish company said it was seeing signs of customer spending slowing down. However, it kept its […]
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Truck Maker Volvo Hikes Market Outlook as Supply Woes Fade

Order intake up as customers replace aging fleets European supply chain disturbances ease North America still facing unstable supply chain Truck market hike bodes well for H2 analyst STOCKHOLM, April 20 Reuters Sweden39;s AB Volvo lifted its outlook for key heavyduty truck markets in Europe and North America this year on Thursday as it reported a […]
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UKs Jet2 Confident on Summer as Holiday Demand Stays Strong

LONDON, April 20 Reuters Jet2 plc, Britain39;s biggest tour operator, upgraded its annual profit forecast and said trading for the coming summer was encouraging with demand for holidays continuing to defy the UK39;s gloomy economic outlook. Jet239;s positive update is the latest evidence that British consumers are prioritising holidays despite cutting back elsewhere due to […]
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Oil Prices at ThreeWeek Low as Firmer USD, Rate Hikes Weigh

TOKYO, April 20 Reuters Oil prices fell to their lowest in about three weeks on Thursday, depressed by a firmer dollar and rate hike expectations which outweighed lower U.S. crude stocks. Brent crude futures were down 1.13, or 1.4, to trade at 81.99 a barrel at 1141 GMT. West Texas Intermediate crude WTI futures dropped […]
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