Edition:
United Kingdom

Olof Swahnberg

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.

UPDATE 2-Spotify faults itself for margin gains; stock hits new lows

01 Nov 2018

* Third-quarter results largely in line with forecasts (Adds executive, analyst comments; stock pre-market plunge)

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.

NENT takes on Netflix in battle for Nordic streaming market as it readies for listing

04 Oct 2018

STOCKHOLM Nordic Entertainment Group (NENT) hopes to lure investors with robust growth in streaming when it is spun off from Sweden's MTG next year, betting that its Scandi dramas will help it narrow the gap with market leader Netflix.

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

Schweden nach Rechtsruck vor schwieriger Regierungsbildung

10 Sep 2018

Stockholm Schweden steuert nach den Zugewinnen der rechtspopulistischen Schwedendemokraten bei der Parlamentswahl auf eine komplizierte Regierungsbildung zu.

Swedish election could put government's Telia stake in play

07 Sep 2018

STOCKHOLM Telia's plan to buy Bonnier Broadcasting could prompt the Swedish government to sell its 37 percent stake in the telecoms firm to limit state influence over local media, particularly if the centre-right bloc wins Sunday's general election.

Ericsson, Samsung gain share in network gear as ZTE slumps

23 Aug 2018

LONDON/STOCKHOLM Ericsson increased its share of the mobile networks market in the second quarter, while Samsung Electronics jumped into fourth place, data from industry research firm Dell'Oro showed.

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