Edition:
United Kingdom

Anna Ringstrom

EU to discuss sanctions against Belarus after disputed election, Sweden says

12 Aug 2020

BRUSSELS/STOCKHOLM EU foreign ministers will meet on Friday to discuss targeted sanctions against Belarus following Sunday's contested election and subsequent violent crackdown down on protesters, Sweden's top diplomat said on Wednesday.

Assa Abloy looks to unlock recovery after profit slide

17 Jul 2020

STOCKHOLM Assa Abloy, the world's biggest lockmaker, forecast a gradual recovery on Friday following a 44% plunge in second-quarter profit, but warned of considerable uncertainty ahead.

Getinge profits jump helped by demand for ventilators

16 Jul 2020

STOCKHOLM Swedish medical equipment maker Getinge reported a jump in second-quarter core profit and orders on Thursday as demand for ventilators and other life support equipment surged due to the still raging pandemic.

Essity sales hit by lockdowns and March hoarding

13 Jul 2020

STOCKHOLM Hygiene products maker Essity suffered an 11% drop in second-quarter sales, hit by coronavirus lockdowns and adverse effects of bulk-buying in the early stages of the crisis, the Swedish company reported on Monday.

SAS-Accord sur un plan de sauvetage de €1,4 milliard

30 Jun 2020

30 juin La compagnie aérienne scandinave SAS a conclu un accord portant sur un montant de 14,25 milliards de couronnes suédoises (1,36 milliard d’euros) avec ses principaux actionnaires, dont la Suède et le Danemark, pour consolider ses finances, fragilisées par l'effondrement du transport aérien pendant la pandémie de coronavirus.

Airline SAS agrees $1.5 billion financial boost with investors

30 Jun 2020

STOCKHOLM Scandinavian airline SAS has agreed a 14.25 billion Swedish crown ($1.5 billion) plan with top shareholders including Sweden and Denmark to shore up its finances against the collapse in air travel during the COVID-19 pandemic.

Russia denies nuclear incident after international body detects isotopes

29 Jun 2020

MOSCOW/STOCKHOLM Russia said on Monday it had detected no sign of a radiation emergency, after an international body reported last week that sensors in Stockholm had picked up unusually high levels of radioactive isotopes produced by nuclear fission.

Pandemic pushes H&M into deep loss, recovery outlook unclear

26 Jun 2020

STOCKHOLM H&M , the world's second-biggest fashion retailer, swung into a steep loss in its March-May quarter and said its recovery outlook was uncertain, although trade had resumed faster than feared as pandemic lockdowns ease and stores reopen. | Video

Norwegian Air, SAS to add more flights as demand picks up

16 Jun 2020

OSLO/STOCKHOLM Norwegian Air and SAS are adding more flights to their schedules from July onwards as demand begins to recover following the COVID-19 pandemic, the two Nordic carriers said on Tuesday.

H&M says recovery uneven after March-May sales tumble 50%

15 Jun 2020

STOCKHOLM H&M , the world's second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the COVID-19 pandemic slammed the sector.

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