For a decade beginning in 1998, Nokia was the largest worldwide vendor of mobile phones and smartphones. Nokia made significant contributions to the mobile telephony industry, assisting in the development of the GSM, 3G, and LTE standards. It was founded as a pulp mill and had long been associated with rubber and cables, but since the 1990s has focused on large-scale telecommunications infrastructure, technology development, and licensing. The company has operated in various industries over the past 150 years. It is a component of the Euro Stoxx 50 stock market index. It was the world's 415th-largest company measured by 2016 revenues, according to the Fortune Global 500, having peaked at 85th place in 2009. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange. In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa. “Some indicators show that the underlying weakness in the Chinese economy is quite pronounced and it may keep alive the speculation of broader stimulus measures down the road,” Gerhard Schwarz, head of equity strategy at Baader Bank in Munich, said.Nokia Corporation (natively Nokia Oyj in Finnish and Nokia Abp in Swedish, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Growth in fixed-asset investment, a key driver of the world’s second-biggest economy, was the slowest since 2000, while industrial output grew at its weakest since the global financial crisis in 2008.

The mining index, up 2.4 percent, was the top sectoral gainer.ĭata for March showed that Chinese retail sales, industrial output and fixed-asset investment data all missed analyst expectations. Miners also climbed after data showing China grew at its slowest pace in six years at the start of 2015 raised hopes of fresh stimulus measures in the world’s biggest metals consumer. Shares in Royal Dutch Shell, Tullow Oil and BP rose 0.8 to 2.4 percent. The STOXX Europe 600 Oil and Gas index rose rose 1.8 percent after Brent crude rose by a dollar on signs of a dip in U.S.

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