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STOCKHOLM (Reuters) -Finnair is pausing flights to Tartu in eastern Estonia for one month due to GPS disturbances in the area, the Finnish airline said on Monday. GPS jamming and spoofing have grown worse in Eastern Europe, the Black Sea and the Middle...
Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year. ...
STOCKHOLM (Reuters) -Swedish defence equipment maker Saab reported on Friday a 28% rise in first-quarter operating profit and raised its organic sales growth forecast on the back of strong demand amid Sweden's NATO accession. Operating profit at the maker of the Gripen fighter jet was 1.19 billion crowns ($109 million), compared with 928 million a year earlier. "We are doing very well in the market," CEO Micael Johansson told Reuters.
Electrolux, the world's second-biggest appliances maker, reported on Friday an operating loss below expectations as weak market demand hurt sales volumes. ...
STOCKHOLM (Reuters) - Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year. (Reporting by Johan Ahlander, editing by Anna Ringstrom)