NORDIC STOCKS - Factors to watch on Aug 22
HELSINKI Aug 22 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:
HENNES & MAURITZ
The Swedish fashion giant and Fast Retailing Co's Uniqlo are delaying their first India store openings due to a sharp drop in the rupee and weaker domestic sentiment, The Times of India reported on its website on Thursday, quoting sources.
Both remain committed to India but want to put off first store openings to 2015 as they wait for next year's general elections and assess political and economic stability in the country.
An H&M spokesperson told the paper the company had no new communication to share about India. Uniqlo could not be reached for immediate comment.
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Finnish engineering firm Cargotec said it will move production of rubber-tyred gantry cranes and 105 jobs in China from Shanghai to Taicang, in Jiangsu province.
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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) (Reporting by Helsinki Newsroom)
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