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Will major companies revive Europe's sluggish IPO market this fall?Europe's IPO market is poised for a potential resurgence this fall, driven by multi-billion dollar businesses like Verisure and Shawbrook G...- Electrolux to cut 3,000 jobs as sales fallSwedish home appliances maker Electrolux said Thursday it plans to cut some 3,000 jobs as it reported lower sales in the third quarter. In ...
- Hackers steal research data from Sweden's Volvo Cars"Investigations so far confirm that a limited amount of the company's R&D property has been stolen during the intrusion," Volvo added. It w...
- Cryptocurrency broker Bitpanda raises $263 mln at $4.1 bn valuationThe new round more than triples the broker's valuation from March, when it raised $170 million at a valuation of $1.2 billion. British hedg...
- 11 return flights serving food stocked from India; will save Rs 49 crore annually: Air India officialAir India has started serving food stocked from India on 11 return flights from eight foreign cities, and it plans to save around Rs 49 cro...
- UK joins International Solar Alliance on the eve of PM Modi's London tripUK became the 62nd signatory member of the ISA. A total of 23 Commonwealth Countries are members of the ISA.
- Zoho Development Centre at Tirupati to start Operations in NovemberThe govt had earlier announced that Stockholm-based fintech startup ChromaWay , has teamed up with the state to build a blockchain-powered ...
- The 17 most valuable stock exchanges in the worldWith $18.8 trillion, the NYSE’s value is not only the highest on earth, but is worth almost three times as much as its nearest competitor, ...
- Kinnevik invests $20 million in Quikr to become its largest investorSwedish investment firm Kinnevik has become the largest investor in Quikr, after it purchased shares worth $20 million in the online classi...
- Sony Ericsson back in black in 2010, 4th quarter disappointsSony Ericsson, which in 2010 shipped 43.1 million phones, said it "forecasts modest growth in units in the global handset market for 2011."
- Ericsson cuts 1,500 more jobs, profit plungesEricsson announced an extra 1,500 job cuts under restructuring which bit deeply into fourth-quarter net profit at the firm, the world leade...
- Sony Ericsson issues profit warning after 2008 lossesMobile phone maker Sony Ericsson on Friday issued a profit warning for its first-quarter results, saying sales and earnings were being hit ...
- Volvo Group reports big loss but share price soarsSwedish truck maker Volvo Group on Friday reported a net loss in the fourth quarter in the face of crumbling demand, which it said would re...
- Swedish firms planning large layoffs in 2009: SurveyAfter shedding tens of thousands of jobs in recent months, Sweden should prepare for a new wave of layoffs in 2009.
- Swedish builder Skanska to cut 3,400 jobsSkanska AB, the Nordic region's biggest construction group, said on Tuesday it will slash 3,400 jobs, or almost 6 percent of its work force...
- ONGC Videsh in talks to buy Canadian oil coONGC Videsh - the foreign investment arm of ONGC - is in talks to take over a mid-sized listed Canadian oil company having hydrocarbon bloc...
- Volvo posts strong earnings despite North America problemsVolvo, the world's number two heavy duty truck manufacturer posted strong first-quarter profits boosted by heightened demand in all markets...
- OMX net rises 30% to $35 m; sales up 23%Nordic stock exchange operator OMX said on Wednesday its earnings rose 30% on growing trade revenue in the third quarter despite the uncert...
- Borse Dubai launches rival bid for OMXBorse Dubai launched a takeover bid for OMX on Friday that values the Nordic stock exchange operator at 27.7 billion kronor ($3.95 billion)...
- Dubai bourse may buy 25% in OMXBorse Dubai, owner of the emirate’s two stock exchanges, plans to buy at least 25% of Sweden’s OMX, potentially derailing a 25.1 billion-kr...
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