Stockholm News
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Updated 31 minutes ago
Vattenfall AB, the Nordic region’s biggest utility, delayed the start of any new Swedish nuclear reactors by at least five years after choosing to extend the lifespan of old atomic plants.
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Updated 22 minutes ago
Rioters outside Stockholm burned cars and trash cans, attacked schools and pelted emergency workers with rocks in a fourth night of violence sparked by a police shooting in one of Sweden’s most ethnically diverse suburbs.
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Updated 1 hour, 23 minutes ago
Lundin Petroleum AB, a Swedish gas and oil exploration company, fell to its lowest level in two months after the company said a wildcat well in the North Sea was abandoned as a dry hole.
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Updated 48 minutes ago
Volvo AB, the world’s second-largest truckmaker, is exploring the sale of its North American construction-equipment rental business, according to two people familiar with the process.
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Riksbank Deputy Governor Per Jansson said he welcomed the krona’s weakening since April as he called the bank’s current benchmark rate “very low.”
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Updated 1 hour, 6 minutes ago
Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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Nokia Siemens Networks plans to revamp its management in Europe and Latin America, closing down functions and simplifying its structure as the wireless-gear venture of Nokia Oyj and Siemens AG cuts costs.
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Sweden’s central bank may be on the path toward monetary easing after naming two board members who signaled they will focus more on below-target inflation than credit growth.
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Hufvudstaden AB, a developer and property manager in Sweden, declined the most in more than a month in Stockholm trading after Swedbank AB said share-price gains may stall after surging since mid-April.
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Hennes & Mauritz AB, Europe’s second- biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week.
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