Stuart Parkin gets 2014 Millennium Technology Prize

Stuart ParkinHelsinki, May 8 - Stuart Parkin, a physicist who has enabled vast increase in digital storage, received the 2014 Millennium Technology Prize in Helsinki Wednesday.

Finnish President Sauli Niinisto presented the prize, which is worth one million euros (1.39 million U. S. dollars), to Parkin in the Millennium Pavilion, a makeshift guest hall specially designed for the ceremony, Xinhua reported.

Born in 1955 in England, Parkin has been living in the US for three decades working for IBM, where he invented the GMR read head, a key component of the hard disk drive.

Nokia names Indian-origin Rajeev Suri as new CEO

Rajeev-SuriHelsinki, April 29 : Finnish technology giant Nokia Tuesday named Indian-origin Rajeev Suri as its chief executive officer (CEO).

Nokia chairman Risto Siilasmaa said he believed that Suri, the new president and CEO, was "the right person to lead the company forward".

"Suri has a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution, and deliver results," Xinhua quoted Siilasmaa as saying.

Suri would take office May 1 and Siilasmaa would continue as chairman, Nokia said in a statement.

Mixed reactions over Nokia-Microsoft deal

Nokia-Microsoft-DealHelsinki, Sep 4 : Finland, base and origin of mobile giant Nokia, was shrouded in a mixed atmosphere filled with hope, watch, doubt and despair after news of the company's deal with Microsoft.

Early Tuesday morning, Nokia announced the merger in a press release on its website, and triggered quick follow-up reports from media.

It agreed to sell the devices and services business at a price of 3.79 billion euros, and license its patents for 1.65 billion euros. The company will then focus on infrastructure, mapping and licensing, reports Xinhua.

Nokia stock surges on news of Microsoft deal

Nokia-stockHelsinki, Sep 3 : The share price of Nokia surged by 47 percent in the Helsinki stock market Tuesday, after it announced the sale of its mobiles and services division to Microsoft.

The Finland-based mobile giant signed an agreement with Microsoft to sell its devices and services business and licence its patents to the latter for 5.44 billion euros. The transaction is expected to be completed in the first quarter of 2014, Nokia said in a press release.

Immediately after opening of the stock exchange market in Helsinki at 10 a. m. local time, Nokia's share price surged by 47 percent, from 2.96 euros to 4.33 euros, Xinhua reported.

Four dead in shopping centre shooting in Finland

Four dead in shopping centre shooting in Finland Helsinki, Dec 31 : A gunman killed three men and a woman in a shopping centre in the Finnish city of Espoo Thursday.

The man, still on the loose, was identified by police as a 43-year-old with a criminal record.

Witnesses said the man, dressed in black, fired multiple rounds from his automatic pistol, causing panic in the Sello shopping centre.

Police released no initial information about possible additional casualties.

Finland showcases new airport terminal, complete with spa and saunas

Helsinki-new-airport-terminalHelsinki, Dec 10 : Finland, the land of Santa and saunas, Thursday showcased its new airport terminal here, equipped with a luxurious spa, well-being services and a modern, well-appointed lounge as its main attractions.

"The Via Spa environment will be unique in the airport world," said Kari Stolbow, the director for Indian subcontinent with the Nordic country's flag carrier Finnair, ahead of Friday's grand opening of the terminal at the Helsinki-Vantaa Airport.

With spa and saunas, Finland set to showcase new airport terminal

Helsinki, Dec 9 - The land of Santa and saunas, Finland is set to showcase its new airport terminal here Thursday, with a luxurious spa, well-being services and a modern, well-appointed lounge as its main attractions.

"The Via Spa environment will be unique in the airport world," said Kari Stolbow, the director for Indian subcontinent with the Nordic country's flag carrier Finnair, ahead of the grand opening of the terminal at the Helsinki-Vantaa Airport here.

"The spa has a fir sauna from the Alps, a stone sauna, a steam sauna and Finnish saunas from where there is a spectacular view over a mineral water pool to the airport taxiway and the apron," Stolbow explained to IANS.

Bopanna-Qureshi in Helsinki Challenger doubles final

Rohan Bopanna and Aisam-Ul-Haq  QureshiHelsinki (Finland), Nov 28 : India's Rohan Bopanna and Pakistan's Aisam-Ul-Haq

Qureshi have entered the doubles finals of the ATP Challenger here.

The third-seeded India-Pakistan pair rallied to beat the wilcard pair of Karol Beck of Slovakia and Jiri Krkoska of the Czech Republic 3-6, 7-5, 10-3 here Friday.

Bopanna-Qureshi next play the winner of the match between top seeds Henri Kontinen and Jarkko Nieminen of Finland and Germany's Phillip Marx and Slovakia's Igor Zelenay. (IANS)

New EU rules seen raising cost of Indian chemicals exports

New EU rules seen raising cost of Indian chemicals exportsHelsinki, Nov 26 - The $35-billion Indian chemical industry that exports products to European countries may soon find the cost of doing business going up because of new legislation adopted by the EU to regulate their end-use.

Indian companies export chemicals worth $2 billion per annum to Europe and are worried about the new legislation -- Registration, Evaluation, Authorisation and Restriction of Chemicals -- that seeks to manage risks arising from the use of chemical substances.

Cruise ferry to be towed to Finnish port

Cruise ferry to be towed to Finnish portHelsinki  - A cruise ferry with almost 1,700 people onboard was to be towed to the Finnish port city of Turku on Monday due to problems with its rudder system, the ferry operator said.

The rudder system failure was detected Sunday when the ferry Silja Europa was en route from Stockholm to Turku.

Ferry operator Tallink Silja and the Finnish maritime rescue coordination centre (MRCC) Turku said there was no danger to the 1,373 passengers and 286 crew members.

Think city car on show in Helsinki

Think city car on show in HelsinkiHelsinki  - The Norwegian electric car maker Think has presented at the Finnish Electric Motor Show in Helsinki this month a "ready-to-market" version of its zero-emission Think City car with serial production planned soon at a factory in Finland.

"Think has been producing EVs since 1991 and the Think City is the world's first 'ready-to-market' urban battery electric vehicle - it is available for sale now in some European countries," according to Think's CEO Richard Canny.

Finnair pilots and management meet, pilot strike continues

Finnair pilots and management meet, pilot strike continuesHelsinki  - Striking Finnair pilots and representatives of the Finnish flag carrier met Tuesday at the office of the National Conciliator while some 200 scheduled flights were cancelled.

Thousands of passengers have been impacted by the strike involving some 800 Finnair pilots that began Monday. Already on Sunday some long-haul flights and European flights were cancelled.

The meeting Tuesday was intended to sound out if the parties could resume formal arbitration talks, according to a Finnair spokesman.

Finnair pilots strike, flights disrupted

Finnair pilots strike, flights disruptedHelsinki - Scores of Finnish flag carrier Finnair flights were disrupted Monday as 800 pilots went on strike, delaying thousands of passengers.

On Sunday, some 20 long-distance flights from its hub in Helsinki and European flights departing Sunday and returning Monday were cancelled.

Finnair management said it regretted that the pilots union had rejected an offer presented by the national mediator.

Finland's largest airline operates about 200 flights a day. Charter-flights were initially not to be affected.

Nokia to replace faulty mobile phone chargers

Nokia to replace faulty mobile phone chargersHelsinki  - Finnish mobile telephone giant Nokia Monday advised customers to replace certain chargers for mobile phones and other devices made this year over fears of potential electrical shocks.

The chargers were made by a third-party supplier and were to be replaced free of charge, Nokia said, adding it was not aware of any accidents related to the chargers.

In the meantime customers were advised not to use the chargers.

Finnish World Cup event exempt from labour conflict

Finnish World Cup event exempt from labour conflictHelsinki  - Organizers of the upcoming World Cup ski event in the Finnish resort of Levi were able to draw a sigh of relief Friday as unions said the resort was exempt from a looming strike.

The service union PAM confirmed in a statement that Levi would not be impacted even if workers at other ski resorts go on strike next week.

"The competitions affect not only Levi but Lapland and tourism in Finland, as well as our image," PAM director Ann Selin said.

Largest and most expensive cruise ship almost ready to take to seas

Helsinki - A thin layer of ice covers the teak wood deck of the cruise ship the Oasis of the Seas at the moment. But the cold weather is just one of the challenges a visitor will need to overcome if they want to visit the vessel: tins of paint are everywhere and sheets of tarpaulin make walking around the ship difficult.

By the start of November the flagship of the cruise company Royal Caribbean International should be ready to set sail. When that day arrives the world will have a few more superlatives: never before has there been a cruise ship as large and as expensive to build as the Oasis. Right now construction and fitting out of the 1.4-billion-dollar vessel is underway at the Aker shipyard in Turku, Finland.

World's largest cruise ship embarks on US voyage

Jaipur, Oct 30 - A five-member committee has been set up to investigate the fire at the Indian Oil depot here, Petroleum Minister Murli Deora told reporters Friday.

The blaze broke out in the depot in the Sitapura industrial area, about 20 km from the city centre, at 7.15 p. m. Thursday evening. Officials said nine people could have been killed and nearly 150 injured.

The committee will be headed by Mahesh Lal, the CEO of Hindustan Petroleum, and Rajasthan government officials. The report must be submitted in six weeks to the union petroleum ministry, Deora said.

Finnair reports third quarter losses

Finnair reports third quarter lossesHelsinki - Finnish flag carrier Finnair on Thursday reported a loss for third-quarter 2009 while turnover dropped by a fifth as demand for flights remained weak.

The group posted a pre-tax loss of 28 million euros (41 million dollars), and a net loss of 20.1 million euros for the quarter.

Third-quarter turnover fell 21.8 per cent to 436.9 million euros.

Nokia posts third-quarter loss

Nokia posts third-quarter loss Helsinki - Nokia, the world's largest mobile phone maker, Thursday posted a pre-tax loss for third quarter 2009 that also saw sales drop.

The Finnish-based company posted a pre-tax loss of 469 million euros (678 million dollars), compared to a pre-tax profit of 1.41 billion euros for the corresponding business period in 2008.

Third-quarter sales dropped 20 per cent year-on-year to 9.8 billion euros, the group said.

The share price was off some 7 per cent in early afternoon trading on the news.

Finnish prime minister wins confidence vote

Finnish prime minister wins confidence vote Helsinki  - Finnish Prime Minister Matti Vanhanen Thursday won a vote of confidence in parliament brought on by an ongoing political row over election campaign financing.

Finnish media have in recent weeks reported on several cases of questionable contributions to leading politicians and parties from businesses, trade unions and foundations.

The disclosures have generated calls for the premier to step down and the need to tighten rules on election funding.


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