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United Kingdom

Esha Vaish

New chairman pledges to 'clean' scandal-hit Swedbank

19 Jun 2019

STOCKHOLM Swedbank shareholders elected Goran Persson as chairman on Wednesday, with the former Swedish Prime Minister pledging to "clean the house" after a money-laundering scandal.

China's Geely picks Swedish software firm for driverless cars

19 Jun 2019

STOCKHOLM China's Geely has chosen Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software.

China's Geely selects Swedish software firm as driverless car supplier

19 Jun 2019

STOCKHOLM, June 19 China's Geely has picked Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer , as its preferred supplier for assisted and self driving software.

Swedbank stresses commitment to Baltics after suspending Estonian chiefs

18 Jun 2019

STOCKHOLM Swedbank has suspended with immediate effect the two most senior executives at its Estonian business, which is being investigated over alleged money laundering, but also reiterated its commitment to the Baltics.

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.

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