Ericsson Sees Software as Key to Unlocking 5G’s Potential

Sweden’s Ericsson said on Wednesday that it partnered with Deutsche Telekom to offer software tools for developers and business customers, allowing telecom operators to get more revenue from 5G. The new software will help developers create utterly new use cases based on

Libya Floods: Death Toll Could Double, Minister Says

On Wednesday, a harrowing picture was emerging from eastern Libya as bodies were washing ashore in the wake of a storm that swept whole neighborhoods out to sea. The death toll is likely to rise, with thousands already confirmed dead and many

Heineken Leaves Russia, Takes $320 Million Hit

Dutch brewer Heineken on Friday announced it was pulling out of Russia after selling its operations there to the Arnest Group, the largest Russian manufacturer of cosmetics, household goods, and metal packaging. Heineken said it would incur a total loss of about

Adyen’s Slowdown in North America Weighs on Earnings

Shares in Dutch payments processor Adyens fell by over a quarter on Thursday after its first-half earnings missed analysts’ estimates and the company’s medium-term targets. It cited slower growth in North America, ongoing hiring costs, and rising inflation and interest rates, which

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