Business Standard

Nokia announces nearly 600 job cuts in France BMW readies mass production of e-cars, 12 models by 2025

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Finnish telecoms giant Nokia said today it planned to cut around 600 jobs in France as it seeks to make cost-savings and refocus its loss-making businesses. The group said it planned to reduce its headcount in France by 597, a little over 10 per cent of its total workforce in the country, with French trade unions calling the move "unacceptab­le." Nokia, which no longer makes handsets having sold that business to Microsoft, bought FrenchAmer­ican telecoms equipment maker Alcatel-Lucent in 2015 in a deal that was expected to lead to savings. REUTERS< Germany's BMW on Thursday said it will have 12 electric cars on offer by 2025 as it prepares to unveil a new four-door zero-emissions model at the Frankfurt auto show. "By 2025, we will offer 25 electrifie­d vehicles â “12 will be fully-electric," Chief Executive Harald Krueger told journalist­s at an event in Munich, adding that electric cars will have a range of up to 700 kilometers (435 miles). The Frankfurt show, which starts next week, will be used to unveil a new four-door electric car positioned between the i3 city car and the i8 hybrid sportscar, Krueger said. REUTERS< The amountpare­nts can expect to spend on educating a child in differentc­ountries around the world can vary. While parents in Hong Kong can spendupto $132,161, those in India spend $18,909 for educating their child up to the undergrad level. Here is a glimpse ofhowparen­ts plan to educate their child: of parents are confident their child will have a bright future of parents are ready to make personal sacrifices for their child to succeed of parents would consider a postgradua­te education for their child of parents are funding their child’s education from day-to-day income is the average amount parents say they spend on their child’s primary, secondary and tertiary education

PARENTS' SPENDING ON THEIR CHILD'S EDUCATION

1,40,000 1,20,000 1,00,000 80,000 60,000 40,000 20,000 0

WHERE PARENTS WOULD CONSIDER AN ONLINE UNIVERSITY DEGREE

India China Singapore USA UK

($) MOST PARENTS WOULD CONSIDER POSTGRADUA­TION FOR THEIR CHILD

Singapore USA India UAE UK

MANY PARENTS WOULD CONSIDER UNIVERSITY ABROAD FOR THEIR CHILD

UAE Indonesia India China USA UK

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