Nokia worries deepen ahead of quarterly results
Finnish phone manufacturer Nokia will shut down two of its four regional sales offices in China as part of its restructuring plans. The news comes in the same week that the firm has slashed the price of its flagship Lumia handset, and the news does not bode well for the company’s 2Q12 earnings announcement, due to be held on Thursday.












With summer supposedly fast approaching, many look to trim some fat and get in shape for the sunny months. The Informer has never been a huge fan of gyms; in fact his favourite machine in the gym is the one that sells chocolate. Telefonica’s UK arm O2, is one business that is looking to get lean for the holidays, though, and this week it announced that it is to trim 3,500 UK employees.