Nokia will unveil a low-cost smartphone running a version of Google Inc's Android operating system, despite the company's close partnership with Microsoft Corp and its competing Windows system, according to a report in The Wall Street Journal.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The high court court on Thursday accepted Nokia's appeal to release its local factory after its seizure by authorities in a tax dispute, removing a hurdle for the sale of the company's mobile phone business to Microsoft.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.