Edition:
United States

Sven Nordenstam

Afghan boy's hope of new life in Europe ends in suicide

Sep 22 2016

SVANGSTA, Sweden Mustafa Ansari’s journey ended one April morning in his bedroom in a quiet Swedish village.

Ericsson ousts CEO as investors lose patience over returns

Jul 25 2016

STOCKHOLM Swedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results. | Video

Ericsson to cut costs further as sales decline

Jul 19 2016

STOCKHOLM Mobile telecom gear maker Ericsson forecast a third consecutive year of comparable sales declines on Tuesday, saying it would step up cost cuts in the face of deteriorating market conditions after its results fell short of market expectations.

Spotify subscriptions pump up revenue, but operating loss widens

May 24 2016

STOCKHOLM Spotify's revenues rose 80 percent in 2015 as it gained more subscribers for its music streaming service, but heavy spending on product development and international expansion meant a bigger operating loss.

Ericsson to cut costs as profit miss alarms investors

Apr 21 2016

STOCKHOLM Mobile telecoms gear maker Ericsson said it would cut costs further to match slower network spending in Europe and Latin America after quarterly profit and sales missed expectations, sending its shares plunging more than 14 percent.

Sweden's Castellum considers bid for Norrporten: sources

Mar 07 2016

STOCKHOLM Castellum , one of Sweden's largest listed real estate firms, wants to buy Norrporten and its about 25 billion crown ($2.9 billion) property portfolio which is being readied for a stock market listing, people familiar with the matter said.

Swedish industry wants European medicines agency if UK quits EU

Feb 26 2016

LONDON/STOCKHOLM Sweden should become the new home of the European Medicines Agency (EMA) if Britons vote to leave the European Union in a June referendum, according to the head of the Swedish pharmaceutical association.

Sweden's Industrivarden promises faster change, to invest in smaller companies

Feb 05 2016

STOCKHOLM, Feb 5 Swedish investment group Industrivarden on Friday said it was likely to boost the pace of acquisitions and divestments as it announced a new dividend and debt policy and said it would look to invest in smaller companies than before.

Trying to stem refugee influx, Sweden asks: When is a child not a child?

Feb 03 2016

STOCKHOLM Under huge strain from an influx of unaccompanied children seeking asylum, the Swedish government faces political pressure to undertake medical tests like X-rays to vet the age of young refugees despite opposition from doctors and lawyers.

Trying to stem refugee influx, Sweden asks: When is a child not a child?

Feb 03 2016

STOCKHOLM Under huge strain from an influx of unaccompanied children seeking asylum, the Swedish government faces political pressure to undertake medical tests like X-rays to vet the age of young refugees despite opposition from doctors and lawyers.

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