Edition:
United Kingdom

Johannes Hellstrom

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

07 Nov 2017

Sweden seeks to buy $1 billion U.S. Patriot air defense missile system

STOCKHOLM/WASHINGTON Sweden will start negotiations on a $1.2 billion Raytheon Co Patriot air defense missile system, as interest in missile defense systems strengthens amid heightened regional tensions and ballistic missile technology improves globally.

20 Oct 2017

Volvo shares hit record as earnings top forecasts on surging truck demand

STOCKHOLM Sweden's AB Volvo reported a bigger-than-expected rise in quarterly core earnings on Friday as stronger demand for heavy trucks more than offset costs stemming from strains on its supply chain, sending its shares to a record high.

05 Oct 2017

Molin's likely exit from Assa Abloy stirs speculation about move to Ericsson

STOCKHOLM Shares in Ericsson rose on Thursday after Assa Abloy said CEO Johan Molin may step down next year, fanning speculation he could be the telecom gear maker's next chairman.

19 Sep 2017

Knorr-Bremse hits brakes on bid for Haldex

STOCKHOLM German vehicle brake systems maker Knorr-Bremse has dropped its 5.5 billion crown ($692 million) bid for smaller Swedish rival Haldex , ending for now a heated bidding process that has lasted more than a year.

14 Sep 2017

Autoliv lifts shares with plans to split into two listed companies

STOCKHOLM Sweden's Autoliv said it planned to split into two listed companies, with one focused on high-tech safety gear to capture the rapid growth toward self-driving vehicles, lifting its shares on Thursday.

27 Jul 2017

Swedish PM axes two ministers in data scandal, confidence vote looms

STOCKHOLM Swedish Prime Minister Stefan Lofven replaced two ministers on Thursday in a scandal over the leaking of sensitive data, trying to contain the damage and stave off an early election.

19 Jul 2017

Stretched supply chain curbs Volvo margins as demand for trucks surges

STOCKHOLM Sweden's Volvo said on Wednesday that a stretched supply chain and extra costs to meet strong demand for its trucks dented margins in the second quarter, even as it reported a rise in profits and order intake.

14 Jun 2017

Hexagon's shares hit record high after report of sale talks

STOCKHOLM Shares in Swedish industrial technology and software firm Hexagon AB soared to a record high on Wednesday after a newspaper report said it had held talks on a possible sale to a U.S. or European rival which could value the company at about $20 billion.

09 Jun 2017

Autoliv says will accelerate beyond $12 billion sales target

STOCKHOLM The near-collapse of Japanese airbag maker Takata has cleared the road for bigger rival Swedish rival Autoliv but higher orders have yet to translate into share price gains.

31 May 2017

Cevian, the gentleman activist of Europe

LONDON, May 31 Cevian Capital's intervention at Ericsson brought an immediate demonstration of investors' faith in the asset manager's softly, softly brand of activism, with shares in the Swedish company jumping nearly 6 percent on Wednesday.

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