Edition:
United Kingdom

Helena Soderpalm

Ericsson shares fall after 2022 margin target left unchanged

10 Nov 2020

STOCKHOLM Ericsson on Tuesday set some new long-term financial goals but left its 2022 operating margin target unchanged, driving down the telecom equipment maker's shares.

UPDATE 2-Huawei appeals against 5G network ban in Sweden

06 Nov 2020

* Huawei says it does not pose a security risk (Adds comment from Huawei, background)

Lost in translation: Amazon website launch trips over faulty Swedish

28 Oct 2020

STOCKHOLM Amazon.com Inc's long-awaited launch of its Swedish website on Wednesday was marred by glitches and translation errors, including mistaking the Argentinian flag for Sweden's.

Customer information from Swedish security firm Gunnebo leaked by hackers

27 Oct 2020

STOCKHOLM Swedish security firm Gunnebo said on Tuesday it was in contact with customers after hackers had released sensitive information about their accounts after its system was compromised two months ago.

Electrolux raises market outlook after profit beats forecasts

23 Oct 2020

STOCKHOLM A pick-up in demand for fridges and washing machines among housebound consumers during the pandemic helped Electrolux beat profit forecasts on Friday and post its highest quarterly margin ever.

Ericsson tops forecast on margin gains and 5G in China

21 Oct 2020

STOCKHOLM Telecoms equipment supplier Ericsson beat quarterly core earnings forecasts on Wednesday, helped by higher margins and China's 5G rollout, and said it was "more confident" about meeting its 2020 targets.

World News

War not over, says Ethiopia's Tigrayan forces leader

The leader of Ethiopia's rebellious northern forces said on Monday he was still fighting close to the regional capital of Mekelle after it was captured by government troops following nearly a month of battles and air strikes.