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Nokia looking for new boss - report

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Nokia looking for new boss - report

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Nokia’s shares jumped on Tuesday on a report that it has begun looking for a replacement for Chief Executive Olli-Pekka Kallasvuo.

The Wall Street Journal says he may be ousted as boss of the world’s top mobile phone maker within weeks.

Kallasvuo has come under attack from shareholders as Nokia’s share price slipped and it warned about weaker profits having failed to keep up with nimbler rivals Apple and Google.