Food giants muscle in on booming alternative protein market, with dedicated teams to develop and sell plant-based alternatives to meat and dairy...
30 Jul 2020
Severe shortages of critical medical supplies have prompted governments to compel private companies to fill the gap...
Elham Mafi-Kreft and Steven Kreft 26 May 2020
STOCKHOLM, SWEDEN: Three Japanese-born researchers won the Nobel Prize for Physics for inventing the LED lamp, a boon in fighting global warming and aiding people in poverty.
8 Oct 2014
STOCKHOLM, SWEDEN: Volkswagen, Europe's biggest car manufacturer, was set to take full control of Swedish truck manufacturer Scania after a small but crucial shareholder agreed to sell its shares.
15 May 2014
STOCKHOLM, SWEDEN - Swedish truck maker Volvo is cutting 2,400 jobs in addition to 2,000 cuts the group announced in October, in a move aimed at boosting falling profitability.
8 Feb 2014
STOCKHOLM, SWEDEN: Swedish telecommunications equipment manufacturer Ericsson said on Monday, 27 January, it had signed a deal with South Korean electronics company Samsung settling a global patent dispute.
28 Jan 2014
STOCKHOLM, SWEDEN - Saab cars will roll off the production line in Sweden two years after the former General Motors subsidiary filed for bankruptcy.
2 Dec 2013
STOCKHOLM, SWEDEN: Swedish industrial heavyweights Volvo trucks and Electrolux announced a total of 4,000 job cuts around the world on Friday when they published disappointing figures for the third quarter.
28 Oct 2013
STOCKHOLM, SWEDEN: Swedish ball bearing manufacturer SKF announced a decrease of its net profit in the third quarter, amid lower-than-expected sales in its industrial business.
16 Oct 2013
STOCKHOLM, SWEDEN: Swedish heavy truck and construction equipment manufacturer Volvo last week reported a quarterly loss as sales plummeted to their lowest since the start of Europe's financial crisis.
29 Apr 2013
STOCKHOLM, SWEDEN: Troubled telecommunications equipment manufacturer Ericsson said it was confident about prospects this year as more operators boost network capacity to meet growing demand for video streaming services such as YouTube.
5 Feb 2013
PARIS, FRANCE: Renault has sold its stake in Swedish truck manufacturer Volvo AB for €1.5bn to cut debt and make strategic investments.
14 Dec 2012
LONDON, UK / Tokyo, Japan: Sony Ericsson is to become a wholly-owned subsidiary of Sony and will be integrated into Sony's broad platform of network-connected consumer electronics products. The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families.
31 Oct 2011