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Anna Ringstrom

Iranian maritime official says UK tanker Stena Impero to be released soon - Fars news

10:26pm BST

STOCKHOLM Stena Impero, the British-flagged tanker detained by Iran on July 19, will be released soon, an Iranian maritime official said on Sunday, according to the semi-official Fars news agency.

RPT--Main IKEA retailer expects to exceed renewable energy goal by year's end

20 Sep 2019

STOCKHOLM, Sept 19 Ingka Group, which owns most IKEA stores, will by year's end exceed its 2020 target to produce as much renewable energy as the energy it consumes, Ingka Chief Executive Jesper Brodin said on Thursday.

Main IKEA retailer expects to exceed renewable energy goal by year's end

20 Sep 2019

STOCKHOLM Ingka Group, which owns most IKEA stores, will by year's end exceed its 2020 target to produce as much renewable energy as the energy it consumes, Ingka Chief Executive Jesper Brodin said on Thursday.

H&M to test selling external brands in strategy shift

16 Sep 2019

STOCKHOLM Sweden's H&M said on Monday its budget fashion chain H&M, which accounts for the bulk of group sales, would test selling external brands and products.

Summer ranges lift H&M's sales but at a price

16 Sep 2019

STOCKHOLM The popularity of its summer ranges helped Sweden's H&M enjoy its strongest sales growth in three years in local-currency terms but its shares slipped on Monday on concerns over profit margins.

H&M to test selling external brands in strategy shift

16 Sep 2019

STOCKHOLM Sweden's H&M said on Monday its budget fashion chain H&M, which accounts for the bulk of group sales, would test selling external brands and products.

CEO of Nordic telecoms group Telia in surprise resignation

05 Aug 2019

STOCKHOLM Telia Chief Executive Johan Dennelind has resigned unexpectedly, having transformed the Nordic telecoms group's strategy since taking the helm in 2013.

Wage costs and competition hold back Securitas profit growth

31 Jul 2019

STOCKHOLM Rising wage costs in key markets France and the Netherlands and contract losses held back profit growth at Securitas in the second quarter, offsetting price hikes at the world's biggest security services company.

Main shareholder offers to buy out Swedish fashion chain KappAhl

29 Jul 2019

STOCKHOLM Investment firm Mellby Gard, the biggest shareholder in Swedish fashion group KappAhl , on Monday made an offer to buy the rest of the retailer whose profits are under pressure from tough competition in a rapidly changing market.

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.

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