United Kingdom

Helena Soderpalm

Sweden studies Swedbank complaint by anti-corruption investor Browder

07 Mar 2019

STOCKHOLM Bill Browder, an investor who campaigns to expose corruption, has filed a criminal complaint with Swedish authorities over Swedbank's alleged link to a Baltic money laundering scandal involving Danske Bank.

Two Nobel literature prizes to be awarded this year after Academy cleans house

05 Mar 2019

STOCKHOLM Two Nobel prizes will be awarded for literature this year after the Swedish literary academy that chooses the winner cleaned house following scandals that prevented last year's prize from being given, the Nobel Foundation said on Tuesday. | Video

Spotify posts first ever operating profit, but cautious outlook for 2019

06 Feb 2019

Spotify posted its first ever quarterly operating profit on Wednesday driven by a strong gross margin and slower-than-expected headcount growth, but it warned of a loss in 2019 and issued modest forecasts which disappointed investors. | Video

Ericsson beats fourth-quarter forecasts on cost cuts and U.S. demand

25 Jan 2019

STOCKHOLM Ericsson beat fourth-quarter sales and profit margin forecasts on Friday, helped by costs cuts and better than expected demand from U.S. mobile operators for fifth-generation (5G) telecoms equipment.

UPDATE 3-Ericsson nudges up 2020 sales target as recovery gains pace

08 Nov 2018

STOCKHOLM, Nov 8 Ericsson on Thursday raised its sales target for 2020, driven mainly by a recovery in its hard-hit networks business as the market for next-generation 5G mobile equipment shifts into a higher gear.

Ericsson tops third-quarter forecasts as savings and 5G sales kick in

18 Oct 2018

STOCKHOLM Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress toward its long-term financial goals.

Swedish court finds man at centre of Nobel Academy scandal guilty of rape

01 Oct 2018

STOCKHOLM A Swedish court on Monday found a man at the centre of a scandal that has rocked the academy that awards the Nobel literature prize guilty of rape and sentenced him to two years in jail.

H&M shares jump as logistics revamp helps speed sales

17 Sep 2018

STOCKHOLM H&M's sales bounced back in the third quarter, helped by a new logistics system, as the world's second biggest fashion retailer said a revamp to meet growing online and budget competition was paying off. | Video

World News

White House defers on Mueller's report release, Democrats seek details

The White House said on Monday it was up to the Justice Department to decide whether detailed findings from Special Counsel Robert Mueller's Russia investigation will be released, a day after the top U.S. law enforcement official said President Donald Trump had been cleared of any conspiracy with Moscow.