European shares fall as Trump's anti-Powell tirade adds to uncertaintyEuropean shares fell on Tuesday as heavyweight Novo Nordisk slumped, while U.S. President Donald Trump's vocal attacks on Federal Reserve C...
22 Apr, 2025, 01.35 PM IST
Microsoft to invest $3.2 billion in Swedish cloud, AIMicrosoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden ...
03 Jun, 2024, 01.36 PM IST
Sweden gives radar surveillance planes to Ukraine air forceSweden will donate two Saab Airborne Surveillance and Control (ASC) 890 aircraft to Ukraine to enhance its defenses against Russia, as part...
29 May, 2024, 04.49 PM IST
Take-Two Interactive to acquire Borderlands maker Gearbox for $460 millionThe Swedish group is selling the game developer for a steep discount, having bought it in a deal that valued the business at up to $1.4 bil...
28 Mar, 2024, 10.41 AM IST
Swedish royal family: Know who they are and their ancestryThe Swedish Royal family constitutes an integral part of the history of the nation. The family is known for their public engagement and eas...
23 Dec, 2023, 08.58 PM IST
Volvo Cars shares plunge to record lows as Geely cuts stakeGeely on Thursday launched a placing of some 100 million Volvo Cars shares, which the deal's bookrunner later said was sold at a price of a...
17 Nov, 2023, 02.35 PM IST
Who wants to be a millionaire? Nobel Prize award increased to nearly $1 mn this yearThe prize money has been adjusted up and down in recent years and the award-givers said it was increasing the amount this year to reflect t...
18 Sep, 2023, 08.08 AM IST
Ericsson and Apple end patent-related legal row with licence dealThe Swedish telecoms equipment maker said the multi-year deal included global cross-licences for patented cellular standard-essential techn...
10 Dec, 2022, 04.04 PM IST
Fashion retailer H&M to cut 1,500 jobs in cost-saving driveThe Swedish company, which employs roughly 155,000 people, had launched a plan to save 2 billion Swedish crowns per year in September.
30 Nov, 2022, 02.25 PM IST
Elliott backs Philip Morris's $16 bln Swedish Match takeover: ReportElliott has tendered its shares in the Swedish target, the FT said, bringing PMI closer to the 90% threshold required for forced redemption...
07 Nov, 2022, 12.15 AM IST
Alfa Laval to log $18 mln restructuring charge in Q4 as it revamps marine, energy unitsThe group received record-high orders of 15.20 billion crowns in the quarter, beating analysts' average estimate of 13.83 billion crowns in...
25 Oct, 2022, 12.33 PM IST
Philip Morris bids $16 billion for Swedish Match in quest for alternatives to cigarettesSwedish Match shares hit a record high on Tuesday after PMI confirmed reports it was in talks to buy the Swedish firm, betting on the fast-...
11 May, 2022, 01.31 PM IST
Truecaller sets IPO price rangeBased on the pricing range, the company would have a market valuation between $1.9 billion to $2.4 billion after completion of the listing ...
30 Sep, 2021, 12.59 AM IST
Ericsson's 5G march hits a wall in ChinaWhile both Ericsson and Nokia have benefited from the ban on Huawei in several countries, the exclusion of the Chinese company in Sweden is...
16 Jul, 2021, 11.56 AM IST
A Swedish job, to crown it all?Why the thieves were interested in a couple of pearl-studded gold crowns and an orb that had been buried with their 17th-century royal owne...
02 Aug, 2018, 11.03 PM IST
H&M Q3 pretax profit just tops forecastPretax profit in June through August, H&M's fiscal third quarter, shrank 20 percent from a year earlier to 5.02 billion Swedish crowns ($61...
28 Sep, 2017, 12.19 PM IST
- Saab net rises 95% to $42m
Swedish defence and aerospace group Saab reported a 95% rise in second-quarter net profit on Friday and said its order backlog at mid-year ...
15 Jul, 2006, 12.00 AM IST