business

Economy & Business

BUSINESS

Uber posts strong growth despite 2.4 billion quarterly net loss

The Nomad Today/dpa 11/5/21

Analysts had expected losses

Finland

BUSINESS

Finland consumer sentiment weakens

The Nomad Today/dpa 10/27/21

Finnish confidence decreased to 2.7 in October from 6.0 in September

Finland

BUSINESS

Finland producer price inflation accelerates in September

The Nomad Today/dpa 10/26/21

Producer prices increased 19.1 per cent year-on-year in September

Economy & Business

TECH GIANT

Facebook name change is imminent, report says

The Nomad Today/dpa 10/20/21

Mark Zuckerberg is expected to announce the decision at the company's Connect conference on 28 October

Economy & Business

FOREIGN TRADE

Spain exports grow 22.1% in 8 months, reach new all-time high

The Nomad Today 10/20/21

In August 2021 there was a trade deficit of 3.87 billion euros, 123.3% higher than in the same month of 2020

Economy & Business

BUSINESS CONFIDENCE

21% of Spanish entrepreneurs have pessimistic expectations

The Nomad Today 10/15/21

Confidence is higher among SMEs than among large enterprises

Entrepreneurs

ENTREPRENEURS

In Spain, 5 companies are set up for each one that is dissolved

The Nomad Today 10/8/21

The regions with the largest number of new companies are Madrid (1,419), Catalonia (1,343) and Andalusia (963)

Economy & Business

INDUSTRY

Spain industrial production grows at a slower pace

The Nomad Today/dpa 10/6/21

Month-on-month, industrial production decreased 0.3%, following a 1.1% drop in July

Economy & Business

AIRLINES

Air carrier Swiss warns cabin crew to get vaccinated or face layoffs

The Nomad Today/dpa 9/28/21

Anyone unwilling to get the jab can expect to be fired in January

Economy & Business

REAL ESTATE

China's ailing Evergrande makes strong gains on stock exchange

The Nomad Today/dpa 9/23/21

The Chinese group has debts equivalent to more than 300 billion dollars

Economy & Business

CHINA

European firms concerned over China's self-reliant economic course

The Nomad Today/dpa 9/23/21

It said Beijing is finding ways to exclude foreign companies from the market, and especially from strategic sectors

Economy & Business

BUSINESS

Volkswagen posts record first half profits, ups forecast

The Nomad Today/dpa 7/30/21

Turnover rose by more than a third to more than 130 billion euros

Tourism

TRAVEL

Second summer without foreign tourists in Finland

The Nomad Today 7/30/21

Many tourist businesses survive thanks to Finns from the capital area who, due to difficulties in traveling abroad, prefer to spend their holidays in other Finnish provinces

Economy & Business

BUSINESS

Nokia announces quarterly profit rise and improved annual outlook

The Nomad Today/dpa 7/29/21

Net sales for the second quarter rose to 5.31 billion euros from 5.09 billion euros last year

Finland

BUSINESS

Finnish company closures increased 21% in the last quarter of 2020

The Nomad Today 7/23/21

There were 12,403 enterprise openings in January to March 2021

Finland

BUSINESS

Increase in turnover of Finnish services, industry, construction

The Nomad Today 7/3/21

The development was partly due to the exceptional situation caused by the coronavirus one year earlier.

Finland

BUSINESS

Car sales in Finland grew 95%

The Nomad Today 6/4/21

However, the sector has not yet reached its pre-pandemic sales volume.

Economy & Business

BUSINESS

Nokia turns to profit in Q1; backs 2021 and 2023 outlook

The Nomad Today/dpa 4/29/21

Net sales for the quarter grew to 5.08 billion euros.

Finland

CORONAVIRUS CRISIS

Small companies received an average of € 50,000 in business subsidies

The Nomad Today 4/28/21

Finland paid 1.75 billion euros in business subsidies in 2020. The majority of the subsidy recipients were micro and small enterprises.

Economy & Business

BUSINESS

Electronics manufacturer LG to shut down its mobile phone business

The Nomad Today/dpa 4/5/21

The shutdown of LG's mobile phone sector is expected to be completed by the end of July.