United States

Anna Ringstrom

H&M's sales growth fails to ease investors concerns about margin pressure

Jun 17 2019

STOCKHOLM Fashion retailer H&M reported sales grew for a fourth straight quarter on Monday, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure.

Suspected bomb blast strikes south-Sweden town, about 20 injured

Jun 07 2019

STOCKHOLM An explosion thought to have been a bomb rocked a residential street in the town of Linkoping in southern Sweden on Friday, damaging several buildings and slightly injuring about 20 people, police officials said.

IKEA teams up with Ori on robotic furniture to help you save space

Jun 04 2019

ALMHULT, Sweden IKEA has teamed up with U.S startup Ori for the development of a robotic piece of furniture aimed at helping people make more efficient use of tiny living spaces.

Airlines scramble to overcome polluter stigma as 'flight shame' movement grows

Jun 03 2019

SEOUL/STOCKHOLM/LONDON In Lorna Greenwood's London home, there is a shelf lined with travel guides. But the 32-year-old mother and former government employment lawyer has given up flying.

SAS says tough to hit full-year goal after pilot strike

May 28 2019

STOCKHOLM Scandinavian airline SAS warned it would struggle to meet its full-year results forecast after posting a sharp rise in second-quarter pretax losses on Tuesday, as it counted the cost of a recent strike by pilots. | Video

UPDATE 2-SAS says tough to hit full-year goal after pilot strike

May 28 2019

* Stock down 6% to lowest level since January 2017 (Adds CEO comment, detail, updates shares)

Sweden's Thunberg demands climate action on day of global school strikes

May 25 2019

STOCKHOLM/BRUSSELS Swedish teenage activist Greta Thunberg urged European politicians on Friday to focus on a climate crisis instead of "bickering", as children walked out of classes around the world to back her demands for urgent action to curb carbon emissions. | Video

Essity to try making pulp from wheat straw to stem rising costs

May 24 2019

STOCKHOLM Swedish hygiene products maker Essity said on Thursday it will build a test plant in Germany to produce pulp from wheat straw and other plant-based agricultural by-products to reduce its dependence on wood based pulp.

Sweden wants to extradite Assange over rape allegation, complicating U.S. effort to try him for conspiracy

May 13 2019

STOCKHOLM Sweden reopened an investigation into a rape allegation against WikiLeaks founder Julian Assange on Monday and will seek to extradite him from Britain, a potential setback to efforts by the United States to put him on trial over a huge release of secret documents. | Video

SAS deal to end pilot strike comes at a cost

May 03 2019

OSLO/STOCKHOLM SAS reached a deal with unions to end a week-long strike by pilots that has grounded 380,000 passengers in a costly conflict that has dented the Scandinavian airline's prospects of making a profit this year. | Video

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