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Nokia Rebounds as VW Gets Boot | Business and Finance News
Description
Nokia’s big comeback: After a year-long absence, the Finnish tech giant is back in the Euro STOXX 50 — thanks to a smart pivot to fiber-optic gear fueling AI data centers — with its stock now more than double last year’s level. Meanwhile, Volkswagen gets booted from the index amid steep losses and restructuring struggles. Also moving in: French utility Engie; out: Dutch firm Wolters Kluwer. Changes take effect Sept 21. Broader STOXX 600 sees Greek banks added, while JD Sports, Thule, and Fraport are removed.
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