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Service industry sees growth
Working day adjusted turnover in service industries grew by 3.2 per cent in November 2024 from November 2023, according to Statistics Finland. Service output or volume,…
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New car registration drops by 15% in Finland in last year
A total of 74,072 new passenger cars were registered in 2024, which was 15 per cent fewer than in 2023, according to Statistics Finland. In December, 2024, a total of…
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Interest rates on new household, corporate loans drop
The average interest rate on new household and corporate loans has decreased rapidly, and the average interest rates on the loan stocks have begun to recede, said the…
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Meta to phase back in political content on Facebook, Instagram, Threads
As part of an overhaul of its content moderation policies announced on Tuesday, Meta said it would once again phase in political content into Facebook, Instagram and…
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German electric vehicles sales collapse in 2024 after end of subsidy
Sales of electric vehicles in Germany collapsed in 2024 following the cancellation of a government subsidy, official figures showed on Monday, reported dpa. Around…
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German solar power capacity surpasses key milestone of 100 gigawatts
Solar power made another leap in Germany in 2024, industry figures showed on Monday, with total installed capacity surpassing 100 gigawatts for the first time, reported…
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Loviisa nuke plant covers 10% of electricity consumption in Finland
The Loviisa nuclear power plant produced a total of 7.9 terawatt hours of electricity In 2024, said Fortum in a press release on Friday. The plant's electricity…
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OL nuke plant produces 23.26 TWh electricity in 2024
The Olkiluoto (OL) nuclear power plant produced a total of 23.26 TWh (Terawatt-hours or billion kilowatt-hours) of electricity in 2024, said the owner of the plant…
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Tesla’s China operations demonstrate potential of win-win cooperation
Despite Tesla reports 1.1% sales drop for 2024, U.S. electric vehicle maker Tesla saw its sales in the Chinese mainland reach a record high of 657,000 units, up 8.8…
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Apple to pay 95 mln USD to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay 95 million U.S. dollars to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people…
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