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SWEDISH KRONOR
Sweden to fine social media sites over 'murder adverts'Sweden's government said Wednesday it planned to introduce legislation requiring social media platforms like TikTok and Snapchat to take do...- Sweden pledges $1.6 billion in new military aid to UkraineSweden will donate 16 billion kronor ($1.6 billion) in fresh military aid to Ukraine, the government said on Monday -- the largest such pac...
- Sweden wants to pay immigrants up to 350,000 Swedish kronor to leave the countrySweden will soon pay immigrants up to 350,000 kronor to leave the country voluntarily starting in 2026. This new policy, announced by the r...
- Nobel Prize announcements are getting underway with the unveiling of the medicine prizeThe Nobel Prize announcements have begun, with the winner of the medicine award being unveiled. Last year's winner, Svante Paabo, made disc...
- Nobel Prize in physiology or medicine: Panel to announce winner today, check details hereThe Nobel panel will announce the winner or winners of the medicine or physiology Nobel Prize today in Sweden at the Karolinska Institute i...
- Virus resurgence hits H&M sales, cuts promising recoverySwedish fashion retailer H&M says its sales fell 10 per cent in the fourth quarter as the second wave of the COVID-19 pandemic stalled cons...
- Dagen H: Left-hand drive project cost Sweden $69 mn in 1967The entire project is equivalent to $283.6 million today.
- India fastest growing market, sales for September quarter jump 81% : EricssonEricsson said India sales jumped 81% year-on-year in the quarter to 3.6 billion Swedish kronor ($430 million), while sequential sales growt...
- Ericsson's India revenues down 55 pc to $ 208mn in Jan-MarIn addition, revenues from western and central Europe declined by 10 per cent to 4.3 billion Swedish Kronor in the January-March quarter of...
- Demand lifts Electrolux Q2 profitsHigher demand in several markets including North America helped lift second-quarter earnings, Swedish home appliance maker Electrolux said ...
- Ericsson profit dips 30 pc in Q1, India sales drop 43 pcTelecom network equipment maker Ericsson on Friday reported a 30 per cent drop in profit to 1.3 billion Swedish kronor in the quarter endin...
- Ericsson says profit shrinks, to cut 6,500 jobsSwedish telecom giant Ericsson said Tuesday its net profit fell by 92 percent in the fourth quarter due to the costs of a restructuring pla...
- Sweden car firm Koenigsegg to buy Saab: ReportSwedish sports car maker Koenigsegg is to buy Saab Automobile from US giant General Motors with support from Norwegian investors, a broadca...
- GM bankruptcy has no effect on Saab: CEOSweden's Saab Automobile will be unaffected by its parent company General Motors filing for bankruptcy in the United States, Saab chief exe...
- Defense firm Saab reports Q1 loss, to cut 300 jobsSwedish aerospace and defense company Saab AB on Thursday reported a loss for the first quarter, mainly due to higher research costs, and s...
- How Ericsson is saving for difficult daysEricsson AB, is already saving for the rainy day through workforce rationalisation and technology upgradation.
- Ericsson planning to cut costs, jobsThe telecom industry is still to feel fully the impact of the economic slowdown, but the world's leading network solutions provider, Ericss...
- Volvo trucks reports big 4th quarter lossSwedish truck maker Volvo on Friday reported a heavy net loss in the fourth quarter in the face of crumbling demand, which it said would re...
- Sweden announces $202 bn rescue package to boost liquidityThe Sweden government today announced an over 1.5 trillion kronor (about USD 202 billion) rescue package for supporting banks and mortgage ...
- Electrolux reports mixed earnings newsElectrolux, the world's leading electrical appliance maker, reported a 53.2 per cent fall in second quarter net earnings that it attributed...
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