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3 days ago | 
gurutrade.com | Stine Jacobsen |Anna Ringstrom |Louise Breusch Rasmussen
COPENHAGEN, May 12 (Reuters) - Norway said on Monday it is converting half of a rescue loan to Norwegian Air during the COVID-19 pandemic into a 6.37% stake in the carrier.
The government said in a statement Norwegian Air was redeeming the other half of the convertible 1oan, which the state issued in 2021 as the airline was undergoing a reconstruction.
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1 week ago | 
seacoastonline.com | Marie Mannes |Louise Breusch Rasmussen |Tomasz Janowski |Kate Mayberry
Marie MannesReutersVolvo Cars VOLCARb.ST said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs. A spokesperson for Volvo Cars said the changes would affect about 125 of the 2,500 employees at its factory in South Carolina.
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1 week ago | 
wickedlocal.com | Marie Mannes |Louise Breusch Rasmussen |Tomasz Janowski |Kate Mayberry
Marie MannesReutersVolvo Cars VOLCARb.ST said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs. A spokesperson for Volvo Cars said the changes would affect about 125 of the 2,500 employees at its factory in South Carolina.
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1 week ago | 
newschief.com | Marie Mannes |Louise Breusch Rasmussen |Tomasz Janowski |Kate Mayberry
Marie MannesReutersVolvo Cars VOLCARb.ST said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, including tariffs. A spokesperson for Volvo Cars said the changes would affect about 125 of the 2,500 employees at its factory in South Carolina.
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1 week ago | 
today.westlaw.com | Terje Solsvik |Marie Mannes |Sharon Singleton |Louise Breusch Rasmussen
STOCKHOLM (Reuters) - Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of Sweden's Northvolt, which originally co-owned the...
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2 weeks ago | 
yahoo.com | Johan Ahlander |Louise Breusch Rasmussen
By Johan Ahlander and Louise RasmussenSTOCKHOLM (Reuters) - Swedish police detained a 16-year-old early on Wednesday on suspicion of murdering three people in a hair salon in the city of Uppsala, prosecutors said. The victims, aged 15-20, were shot dead late on Tuesday afternoon just as Uppsala, a university town 40 minutes north of Stockholm, was gearing up for Walpurgis Night, one of the busiest holidays in the city. AdvertisementAdvertisement"An intensive investigation is underway.
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2 weeks ago | 
yahoo.com | Johan Ahlander |Louise Breusch Rasmussen
By Johan Ahlander and Louise RasmussenUPPSALA,Sweden/STOCKHOLM (Reuters) - Three people were killed in a shooting in the Swedish city of Uppsala on Tuesday and a murder investigation has been launched, police said. Police said it was investigating the shooting as a homicide and that it had no information about the incident being a terror or hate crime at this point. "We have information that a person left the scene on an electric scooter," a police spokesperson told Reuters.
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3 weeks ago | 
gurutrade.com | Supantha Mukherjee |Louise Breusch Rasmussen |Louise Heavens
STOCKHOLM, April 22 (Reuters) - Sweden's Ericsson is planning to manufacture all its telecom antennas for the Indian market in the South Asian country, the company said on Tuesday.
Demand from India's telecom companies surged in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services, and cushioned a slowdown of orders from the United States, Ericsson's top market.
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1 month ago | 
theprint.in | Tom Little |Louise Breusch Rasmussen |Stine Jacobsen
Relations between Greenland and Denmark have been strained after revelations in recent years of historical mistreatment of Greenlanders under colonial rule. However, Trump’s interest in controlling Greenland, part of a growing international focus on competition for influence in the Arctic, has prompted Denmark to hasten work to improve ties with the island.
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1 month ago | 
today.westlaw.com | Stine Jacobsen |Terje Solsvik |Louise Breusch Rasmussen
COPENHAGEN (Reuters) - Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to maintain a scaled-down...
