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Ericsson's operating profit down in Q2 results

Finland's Nokia cut its annual outlook on Friday and Swedish rival Ericsson delivered second-quarter results slightly above expectations, as a slowdown in consumer spending hit sales of telecom gear. ....

City Of , United Kingdom , Martin Coulter , Tom Hogue , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

India flags antitrust concerns with Air India, Vistara merger -sources

India's antitrust body is scrutinising Air India's planned merger with Vistara and has asked the company why it should not be investigated further over competition concerns, potentially delaying the process, two sources with direct knowledge said. ....

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EU approves $8.7 bln of state aid for tech innovation projects

The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union's drive to be at the cutting edge of technological innovation. ....

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Saudi, Qatar bourses rise in early trade, oil weighs on other markets

Stock markets in Saudi Arabia and Qatar rose in early trade on Wednesday ahead of a widely expected interest rate hike pause by the U.S. Federal Reserve, although other major markets were subdued on falling oil prices. ....

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Armenia says peace deal with Azerbaijan possible by year end, TASS reports

A senior Armenian official on Sunday said there was a chance that a peace deal could be signed with neighbouring Azerbaijan by the end of 2023, ending a decades-old conflict, Russia's TASS news agency said. ....

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