United Kingdom

Anna Ringstrom

Lockmaker Assa Abloy wary on some markets as savings lift second-quarter profit

17 Jul 2019

STOCKHOLM Assa Abloy , the world's biggest lock maker, reported a 28% jump in quarterly profit as savings and price hikes offset higher raw material costs but said uncertainty had increased in some markets such as Brazil, Mexico and Britain.

H&M shares jump as early summer sales shine

27 Jun 2019

STOCKHOLM Swedish fashion group H&M said sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by 10%. | Video

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

17 Jun 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

07 Jun 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

04 Jun 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

03 Jun 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

28 May 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

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

25 May 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

24 May 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.

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