Heimstaden’s Billionaire Owner Weighs Stake Sale to Pay Off Debt
The funding crisis engulfing Sweden’s property sector is prompting the billionaire founder of Heimstaden Bostad AB to look
2023-11-10 17:28
Nokia Plans to Cut 14,000 Jobs in Overhaul to Shave Costs
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as reduced investment
2023-10-19 14:23
Ericsson Says Weakness Persists in Quarter After Sales Miss
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company
2023-10-17 14:23
Ericsson’s $3 Billion Charge Piles Pressure on CEO, Cevian Says
Ericsson’s nearly $3 billion writedown related to its biggest acquisition will ratchet up the pressure on the key
2023-10-12 14:18
Sweden’s Wallenberg Says Business Must Adapt to New World Order
Swedish business leader Marcus Wallenberg said companies and governments must adapt to a “completely new world order,” in
2023-10-08 22:19
German Defense Minister Cancels Iraq Trip on Security Concerns
German Defense Minister Boris Pistorius canceled a trip to Iraq at the last minute, citing security risks in
2023-07-23 17:48
European Stocks Post Best Week Since March as Earnings Kick Off
European stocks posted their biggest weekly advance since March on rising bets that the Federal Reserve’s monetary tightening
2023-07-14 23:54
Ericsson Beats Estimates as Growth in India Buoyed Sales
Ericsson AB beat second-quarter earnings forecasts, as growth in India helped offset weak sales in more established markets
2023-07-14 13:56
CEOs Urge EU to Clear Red Tape Bogging Down Bloc’s Green Shift
Executives from the likes of Volkswagen AG and Ericsson AB are calling on the European Union to remove
2023-07-12 23:18
Google Set to Hire Former Apple Executive as India Policy Head
Alphabet Inc.’s Google is set to appoint a manufacturing and policy veteran as its top government affairs executive
2023-07-04 16:51
Ukrainian Telecom Giant to Rebuild With Chinese Kit for Now
Ukraine’s biggest telecom operator pledged to boost spending by a third to rebuild systems destroyed by Russian forces,
2023-06-21 23:15
Northvolt Founder Expands Green Empire Into Heat Pumps
The private equity founder of unicorn green ventures like Swedish battery maker Northvolt AB is targeting residential homes
2023-06-16 14:50