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United Kingdom

Esha Vaish

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.

U.S. rejects GM, Volvo tariff relief requests for China-made SUVs

05 Jun 2019

WASHINGTON/STOCKHOLM The United States has rejected separate requests from General Motors Co and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models.

Driverless electric truck starts deliveries on Swedish public road

15 May 2019

JONKOPING, Sweden Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first. | Video

Driverless electric truck starts deliveries on Swedish public road

15 May 2019

JONKOPING, Sweden Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first. | Video

EIB lends Northvolt 350 million euros for Europe's largest battery project

15 May 2019

STOCKHOLM Northvolt has secured a 350 million euro loan from the European Investment bank (EIB), the lender's largest ever direct financing of battery technology, as the Swedish startup raises funds to build Europe's biggest battery plant.

RPT-Driverless electric truck starts deliveries on Swedish public road

15 May 2019

JONKOPING, Sweden, May 15 Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first.

Exclusive: Truckmaker Scania signs Northvolt battery deal, in talks on equity

13 May 2019

STOCKHOLM/FRANKFRURT Volkswagen truck brand Scania has signed a battery supply deal with Sweden's Northvolt and is in talks about making an equity investment as part of the startup's efforts to raise 1.5 billion euros ($1.68 billion), Scania's head said on Monday.

EXCLUSIVE-Truckmaker Scania signs Northvolt battery deal, in talks on equity

13 May 2019

STOCKHOLM/FRANKFRURT, May 13 Volkswagen truck brand Scania has signed a battery supply deal with Sweden's Northvolt and is in talks about making an equity investment as part of the startup's efforts to raise 1.5 billion euros ($1.68 billion), Scania's head said on Monday.

Nordic banks pool resources to fight money laundering

10 May 2019

STOCKHOLM The Nordic region's six major banks are joining forces to set up a customer checking center to crack down on money launderers, part of efforts to recover from a scandal that has shaken confidence in the finance industry.

Defying Brexit, Volvo car brand Polestar picks UK for new development hub

08 May 2019

STOCKHOLM Swedish luxury electric carmaker Polestar, which is jointly owned by Volvo Cars and its Chinese parent Geely, is setting up an R&D centre in Britain to develop future passenger cars, it said on Wednesday.

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