New prime minister Juha Sipilä has appointed his predecessor, Alexander Stubb (above), as finance minister. Photograph: Markku Ojala/EPA

Helsinki has grasped an Irish solution to Finland’s spiralling problems, unveiling plans to cut €6 billion from the budget in a bid to restore econo(...)

Up and away: Aer Lingus  stock closed  yesterday 1.5 per cent up at €2.43. Photograph: Alan Betson

European shares rebounded on Wednesday from a one-week low the day before, supported by the prospect of an accord between Greece and its creditors. T(...)

By 2020, 50 per cent of value creation will be based on apps, software, electronic systems and digital services, Audi sales chief Luca de Meo said.

Audi expects that electronics and digital features will become just as important as sheer horsepower for global carmakers as they brace for a fundamen(...)

A car dashboard displaying HERE software

The contest for Nokia’s maps business HERE has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third gr(...)

A user scans for an available vehicle using the Uber’s app. TomTom beat Google to supply the built-in mapping apps in Apple products, starting with the iPhone 6.  Photograph: Simon Dawson/Bloomberg

Dutch navigation systems company TomTom NV said Apple would continue to buy its digital maps, giving a vote confidence that sent the Dutch company’s s(...)

Imagine you get a letter in the post offering you free water. Instead of paying Irish Water for your supply, another company promises you a generous q(...)

Microsoft chief executive Satya Nadella at the Build conference in San Francisco: ‘Microsoft has bold ambitions for platforms that empower developers across Windows, Azure and Office.’ Photograph: Robert Galbraith/Reuters

For a company that only three years ago was accused of failing to innovate, Microsoft isn’t doing too badly. At its Build developer conference, the co(...)

 Traders on the floor of the New York Stock Exchange yesterday. Positive jobs reports sent the Dow Jones Industrial Average sharply higher. Photograph: Getty Images

European shares posted this year’s biggest advance, buoyed by a surprise election win for the British Conservative party and improving US jobs data.In(...)

The Uber logo is seen on a vehicle next to a taxi near Union Square in San Francisco, California. Photograph: Robert Galbraith/Reuters

Taxi service Uber has submitted a $3 billion bid for Nokia Oyj’s map business HERE, the New York Times has reported citing sources. Finland’s Nokia sa(...)

Alcatel-Lucent reported a net loss but higher software sales, a weak euro and strong demand for its internet routing products  helped it post a better quarter than Nokia and  Ericsson. Photograph: Jasper Juinen/Bloomberg

Telecom equipment maker Alcatel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked(...)