Edition:
United Kingdom

Niklas Pollard

Sweden's SEB says it was already aware of client names provided by TV show

19 Nov 2019

STOCKHOLM Sweden's SEB has received a list of 194 of its corporate clients from public broadcaster SVT, a day before it airs a programme investigating money laundering in the Baltics that is expected to include information about the bank.

Electrolux reassures pricing will offset cost pressures, shares climb

25 Oct 2019

STOCKHOLM Swedish appliance maker Electrolux reported quarterly profit that narrowly topped forecasts and reassured investors it could shrug off the pinch from currency swings, higher costs and tariffs, sending its shares sharply higher.

Sweden's Handelsbanken to cut 800 jobs, pull out of Asia and Germany

23 Oct 2019

STOCKHOLM Handelsbanken said on Wednesday it would cut 800 jobs and pull out of Asia and Germany as it seeks to cut costs after restructuring charges dragged down the Swedish bank's third-quarter earnings.

AB Volvo warns of demand slump as truck orders plunge

18 Oct 2019

STOCKHOLM Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.

Trio wins economics Nobel for science-based poverty fight

14 Oct 2019

STOCKHOLM U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work fighting poverty that has helped millions of children by favoring practical steps over theory. | Video

Austria's Handke and Poland's Tokarczuk win Nobel literature prizes

11 Oct 2019

STOCKHOLM Austrian writer Peter Handke won the 2019 Nobel Prize for Literature on Thursday and Polish author Olga Tokarczuk was named as the 2018 winner after a sexual assault scandal led to last year's award being postponed. | Video

Battery pioneers who made mobile revolution possible win Nobel chemistry prize

09 Oct 2019

STOCKHOLM/LONDON Three scientists have won the 2019 Nobel Prize for Chemistry for putting power in peoples pockets by developing rechargeable lithium-ion batteries which made the global information technology, mobile and fossil-fuel free revolutions possible. | Video

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