United States

Niklas Pollard

Swedish party suggests smaller minority government to get past impasse

Oct 12 2018

STOCKHOLM Sweden's largest center-right party said on Friday it was prepared to form a government without other parties in its bloc, in an attempt to clear a political impasse left by last month's inconclusive election.

U.S. economists win Nobel for work on climate change, innovation

Oct 08 2018

STOCKHOLM Americans William Nordhaus and Paul Romer, pioneers in adapting the western economic growth model to focus on environmental issues and sharing the benefits of technology, won the 2018 Nobel Economics Prize on Monday. | Video

Physics Nobel for laser pioneers includes first woman in 55 years

Oct 02 2018

STOCKHOLM/LONDON A trio of American, French and Canadian scientists won the 2018 Nobel Prize for Physics on Tuesday for breakthroughs in laser technology that have turned light beams into precision tools for everything from eye surgery to micro-machining. | Video

Sweden faces political deadlock after gains by far-right party

Sep 10 2018

STOCKHOLM Sweden headed for a hung parliament after an election on Sunday that saw support for the nationalist Sweden Democrats surge, as one of Europe's most liberal nations turned right amid fears over immigration. | Video

Nordea beats second quarter forecasts but trims 2018 revenue outlook

Jul 19 2018

STOCKHOLM Nordea beat quarterly forecasts helped by cost cuts on Thursday, sending shares in the biggest Nordic bank higher despite its warning that like-for-like 2018 revenue would likely fall.

Riding migration backlash, Sweden's political pariah looks to end isolation

Jul 12 2018

STOCKHOLM/VISBY, Sweden - Once denounced as neo-fascists, Jimmie Akesson's Sweden Democrats look poised to translate more voter-friendly nationalist policies into big electoral gains in a country long famed for liberal tolerance.

In East-West diplomatic drama, Helsinki punches above its weight

Jul 11 2018

STOCKHOLM/HELSINKI For a city of just 600,000 people on the northeast periphery of Europe, Helsinki has played an outsized role in the fraught relationship between its giant neighbor Russia and the West.

Rising raw material costs throw Sweden's Electrolux into a spin

Apr 27 2018

STOCKHOLM U.S. tariffs helped raise raw material costs at Electrolux , denting first-quarter earnings and sending shares in Europe's largest home appliances maker down 11 percent on Friday.

Truck maker Volvo rides demand boom but supply chain feels strain

Apr 24 2018

STOCKHOLM Truck maker AB Volvo beat first-quarter expectations thanks to strong demand for trucks and construction equipment across most markets but cautioned that its supply chain was coming under pressure.

After record 2017, Geely's Volvo Cars sees more growth ahead

Feb 08 2018

STOCKHOLM Sweden's Volvo Car Group expects stronger earnings and sales this year after the Chinese-owned automaker reached new records on both counts in 2017 thanks to strong demand for a string of new models, particularly in China.

World News

EU tells UK's May: We will not renegotiate the Brexit treaty

The European Union ruled out renegotiating the Brexit divorce treaty or its Irish border protocol on Tuesday as Prime Minister Theresa May sought last ditch assurances from the bloc to save her deal after pulling a vote she acknowledged she would lose.