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Finnish airline Finnair said on Friday it plans a rights issue of up to 600 million euros to strengthen its financial position. The rights issue is aimed at reducing Finnair's financing...
STOCKHOLM :Two people were killed and two injured when a lone gunman opened fire at a restaurant in a small town in eastern Sweden late on Thursday, in what police said appeared to be part of an escalating spiral of violence among criminal gangs.Sweden has been rocked by a wave of shootings and bombings in re
Volvo Cars' sales grew 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in Europe and the U.S., the Sweden-based group said on Thursday. Volvo Cars,...
STOCKHOLM (Reuters) -Volvo Cars' sales rose 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in the U.S. and Europe, the Sweden-based group said on Thursday. In August, the group's total sales were up 18% on the back of increased demand in Europe and the U.S. while sales fell in China. Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement on Thursday that September sales were up 65% in the U.S., 32% in Europe and 4% in China.
Shares in SAS tumbled 95% at market open on Wednesday after the Scandinavian airline announced new big shareholders late on Tuesday in a restructuring that will see the group delisted from bourses...