Greeks to vote for the second time in six weeks

Source: Bloomberg
Around 10 million Greek voters will attempt to elect their new government on Sunday, June 17. This will be the second ballot in six weeks. According to most recent polls done on June 1 no political party posses a strong majority. Country's constitution permits one more election. First official results will be released on Sunday evening at around 9.30 p.m.
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Fri, 15 Jun 2012 06:50:47 GMT

Nokia seen as a target for takeover

Nokia Oyj experiences a most rapid decline in share value over decade. The mobile device producer turns into attractive takeover target for investors who believe it still has a potential in developing smart phones. Nokia tumbled 18% yesterday after the firm raised the forecast for second quarter loss and announced it prepares to eliminate around 10 000 jobs.

Fri, 15 Jun 2012 06:29:26 GMT

Honda output in North America surges 67%

Honda Motors has increased its production at North American factories, reaching the fastest expansion pace in the region. Honda is attempting to regain market share it lost during disasters at its supplies in 2011. In the first five months of 2012 Honda produced in total 748,217 vehicles in US, Mexico and Canada. In comparison Toyota experienced 64% growth for the respective period.

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