City Helsinki Financial News

Finland is getting a new president after former Prime Minister Alexander Stubb narrowly won a runoff vote

Finland's national carrier Finnair is asking passengers to be weighed voluntarily and anonymously so that it can update their standard weight figures

Finns on Sunday will choose either of two experienced politicians to be their next head of state, whose main task will be to steer the new NATO member’s foreign and security policy

By Anne Kauranen and Essi Lehto

Nokia has reported a double-digit decline in sales and a fall in profit in the last three months of 2023

By Anne Kauranen and Balazs Koranyi

Investing.com -- Athletic apparel retailer Amer Sports has said it has filed for an initial public offering on the New York Stock Exchange.

As Quebec faces a worsening homelessness crisis, some politicians, including Quebec City Mayor Bruno Marchand, have suggested the solution may be a Finnish model that aims to give everyone a home.

NATO’s newest member and Russia’s neighbor Finland is to sign a bilateral defense cooperation agreement next week with the United States in a deal that allows Washington to send troops into the Nordic country and to store weapons and equipment there

Finland has positioned itself as a hub of opportunities for students, researchers, and innovators, actively welcoming international workers to address the rising labor crisis. In an interview with Times of India, Laura Lindeman, Senior Director, Head of Work in Finland at Business Finland, shed light on the initiatives such as 'Work in Finland' and 'Talent Boost' that are facilitating the influx of skilled and tech-savvy professionals globally. She emphasized that Finland, committed to global connectivity, views international talents as contributors to building connections with the rest of the world. Recognizing the significance of human capital in enhancing competitiveness, Finland aims to attract a diverse workforce, fostering internationalization, innovation, and company growth. «Finland wants to attract talent and generate growth, internationlisation and well-being in collaboration with a diverse, international workforce,» Lindeman said. Finland is looking to attract 15,000 international students a year by 2030 and increase the level of work-based migration to 30,000 per year. «The Finnish society is ageing; therefore, the country needs more young people to join the labour market,» Glenn Gassen, Director of Immigration Affairs, Helsinki, told TOI in an interview in July. «We see India as one of our focus countries and want to intensify our partnership,» he added. «India has a growing young population, and a lot of untapped talent and Finland has had excellent experiences with Indian students, researchers, entrepreneurs, and professionals. There is an active Indian business community across Finland, and we have seen that Indian newcomers integrate quickly and emerge very successful.»

The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts have the ability to be terminated.

Estonia's government says it will allow Taiwan to open a nondiplomatic representative office of Taipei in the Baltic country to boost economic and cultural ties with the self-governing island

Finnish investigators say they believe an anchor of a Chinese container ship was dislodged and caused the damage to the undersea Balticconnector gas pipeline between Finland and Estonia on the Baltic Sea earlier this month

By Nerijus Adomaitis

Telecom gear maker Nokia says it's planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit

Finnish police say they have launched a criminal investigation into possible sabotage of an undersea gas pipeline between Finland and Estonia that was shut down over the weekend following a leak

By Anne Kauranen and Terje Solsvik

Finland and Estonia say the undersea Balticconnector gas pipeline running between the two countries across the Baltic Sea has been temporarily taken out of service due to a suspected leak

A 25-year-old foreign student has been arrested in Norway on suspicion of espionage including illegal eavesdropping through various technical devices

Syrma SGS Technology share price surged over 9% to touch 52-week high on Friday's trading session after the company appointed Satendra Singh as Chief Executive Officer (CEO). Syrma SGS share price opened at ₹496.95 apiece on BSE. Syrma SGS share hit intraday high of ₹540 and low at ₹494.05.

Wireless and fixed-network equipment maker Nokia has reported a fall in second quarter profit as clients especially in North America postponed investments due to a slowdown in economic growth and rising financing costs