Belfast Telegraph

Nokia announces losses

Mobile phone maker Nokia has announced a third-quarter net loss of €68m (£59m) compared with a profit of €529m (£462m) a year earlier.

Smartphone sales fell 39%. Net sales in July to September were €8.9bn (£7.77bn), down from €1.2bn euro (£9bn) in the same period in 21.

Weekly Business Digest Newsletter

This week's business news headlines, directly to your inbox every Tuesday.