fall

Economy & Business

BUSINESS

Netflix lays off 300 workers amid subscriber losses

The Nomad Today/dpa 6/24/22

In addition to layoffs, Netflix has promised to gain more subscribers by offering a cheaper version with commercials and experimenting with ways to make more money from password sharing

The Nokia campus in Espoo (Finlnad): Photo: Nokia.

Economy & Business

BUSINESS

Nokia first quarter profits down, net sales rise

The Nomad Today 4/28/22

The company reported a 17% decline in profits, to €219 million ($231.9 million), compared to €263 million in the same quarter a year ago

Image: Screenshot of the Netflix access system.

Economy & Business

BUSINESS

Netflix loses 200,000 subscribers, shares plunge 20%

The Nomad Today/dpa 4/20/22

The company suspended its service in Russia and wound down all Russian paid memberships, losing some 700,000 subscribers

01/11/2022. Minister of the Presidency, Relations with the Courts and Democratic Memory Félix Bolaños appeared at a press conference after the meeting of the Council of Ministers. Photo: La Moncloa.

Economy & Business

WAR IN UKRAINE

Government says energy prices in Spain will fall after 29 March

The Nomad Today 3/16/22

The government says that with this measure it intends to support citizens, families, companies and self-employed workers

Economy & Business

CRYPTOCURRENCY

Bitcoin falls below 40,000 dollars for the first time since September

The Nomad Today/dpa 1/10/22

Other important digital currencies also came under pressure

World

TURKEY

Erdogan replaces finance minister with deputy amid lira meltdown

The Nomad Today/dpa 12/2/21

Since the beginning of this year, the lira has plunged to record lows against the US dollar, losing 47 per cent of its value

Work

WORK IN SPAIN

Spain registers first October unemployment drop in 46 years

The Nomad Today 11/3/21

This is the first decline in unemployment in October since 1975, the first year for which the Spanish government keeps records

22 October 2021, Bavaria, Munich: Robot arms work on the bodywork of various BMW models at the main plant in Munich. Three months after starting the BMW iX electric SUV production, the German giant carmaker has now also started series production of the all-electric BMW i4. Photo: Sven Hoppe/dpa

Economy & Business

CAR INDUSTRY

Sales of passenger cars plummet by more than 20% in Spain

The Nomad Today 11/2/21

Car manufactures blame the global shortage of semiconductors and the economic crisis, which has caused doubts among potential car buyers

04 October 2021, Bavaria, Kempten: A view of the icons of Instagram, Facebook and WhatsApp displayed on a screen of a smartphone. Facebook, Instagram and WhatsApp went offline for users across the globe, the social media giant said on Monday. Photo: Karl-Josef Hildenbrand/dpa

World

INTERNET

Facebook, Instagram, WhatsApp go down in major internet outage

The Nomad Today/dpa 10/5/21

According to screenshots shared on social media, the URL for Facebook.com appeared as for sale on GoDaddy.com and other domain-buying websites

30 July 2020, Hessen, Frankfurt_Main: A Lufthansa passenger aircraft is towed to the airline's technical hangar at Frankfurt Airport as Lufthansa started reactivating some of its aircraft that were laid off during the peak of the coronavirus pandemic. Photo: Boris Roessler/dpa

Tourism

AUTUMN HOLIDAYS

Lufthansa offers 130 additional flights to sunny destinations

The Nomad Today/dpa 10/4/21

Spain, Portugal, Italy and Greece remain particularly popular

Trucks with cargo entering the port of Helsinki. Photo: Jarmo Vehkakoski/Port of Helsinki.

Finland

NATIONAL ACCOUNTS

Finland's GDP shrinks in first quarter driven by declining consumption

The Nomad Today 5/30/21

The volume of exports also fell significantly.

Economy & Business

'ENVIRONMENTAL REASONS'

Bitcoin price plummets after Tesla stops accepting it

The Nomad Today/dpa 5/13/21

Bitcoin's annualized carbon footprint is roughly equivalent to that of Singapore and its electrical energy consumption is comparable to the power consumption of the Netherlands.