Page 39 - Anna Ringstrom News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Volvo Cars' sales grew 10% in October from a year earlier to 59,861 cars, the Sweden-based group said on Friday. ...

Finland's Neste said on Wednesday it plans to save 50 million euros annually through measures it expects will include shedding 400 jobs globally. The group said it would...

HELSINKI (Reuters) -Finland's Neste said on Wednesday it plans to save 50 million euros ($53 million) annually through measures that include shedding 400 jobs globally to prepare for increasing competition in renewable fuels. The refiner and biofuels producer has grown rapidly in recent years having invested early in renewable fuels it makes from waste and residue, as industries and transport operators seek greener alternatives for fuels to cut their emissions. Neste said it would merge its Renewable Aviation, Renewable Road Transportation and Renewable Polymers and Chemicals divisions ...

Swedish builder Skanska reported third-quarter earnings far below market expectations on Wednesday as weak property markets took a toll in the shape of asset writedowns and goodwill impairment charges, sending its shares down 12%. "Based on recent market developments, we have reassessed the value of assets in our Property Development operations and recognized impairments of some of these," Skanska CEO Anders Danielsson said in a statement. A series of interest rate hikes across the world to tame surging inflation has pummelled residential and commercial property businesses over the...

Swedish builder Skanska reported third-quarter operating earnings well below market expectations on Wednesday as weak property markets took a toll in the shape of asset writedowns and goodwill...