Edition:
United States

Helena Soderpalm

Swedish prosecutor requests Assange's detention over rape allegation

May 20 2019

STOCKHOLM The Swedish prosecutor heading an investigation into a rape allegation against WikiLeaks founder Julian Assange filed a request with a local court on Monday for him to be detained in absentia.

Swedish prosecutor requests Assange's detention over rape allegation

May 20 2019

STOCKHOLM The Swedish prosecutor heading an investigation into a rape allegation against WikiLeaks founder Julian Assange filed a request with a local court on Monday for him to be detained in absentia.

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

Apr 17 2019

STOCKHOLM Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market.

Swedbank chairman quits over money laundering scandal

Apr 05 2019

STOCKHOLM Swedbank Chairman Lars Idermark has quit only a week after the lender's chief executive was ousted over her handling of a money laundering scandal, saying the controversy threatened to distract from his role as head of forestry group Sodra.

H&M shares fly off the shelves as turnaround strategy shows promise

Mar 29 2019

STOCKHOLM Fashion retailer H&M reported a much smaller than expected fall in quarterly profit on Friday as it sold more products at full price and margins held up, in a first sign that its turnaround strategy is producing results. | Video

Swedish authorities widen Swedbank inquiry to include suspected fraud

Mar 27 2019

STOCKHOLM Sweden's Economic Crime Authority (EBM) widened its Swedbank investigation to include suspected fraud following a raid on Wednesday on the Swedish bank's headquarters in an inquiry into its handling of money laundering allegations.

UPDATE 1-Sweden's Telia expects larger drop in core profit this quarter

Mar 26 2019

STOCKHOLM, March 26 Telia Company warned investors that its core profit would fall more in the first three months of the year than in the last quarter of 2018 because of a slowdown in its main Nordic markets.

Sweden studies Swedbank complaint by anti-corruption investor Browder

Mar 07 2019

STOCKHOLM Bill Browder, an investor who campaigns to expose corruption, has filed a criminal complaint with Swedish authorities over Swedbank's alleged link to a Baltic money laundering scandal involving Danske Bank.

Two Nobel literature prizes to be awarded this year after Academy cleans house

Mar 05 2019

STOCKHOLM Two Nobel prizes will be awarded for literature this year after the Swedish literary academy that chooses the winner cleaned house following scandals that prevented last year's prize from being given, the Nobel Foundation said on Tuesday. | Video

World News

India's Modi stuns opposition with huge election win

Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.