US senators to visit Hungary pushing Sweden’s NATO bid
BUDAPEST (Reuters) – A bipartisan U.S. Congressional delegation will visit Hungary on Sunday as pressure grows on Budapest to ratify Sweden’s NATO membership when parliament reconvenes after its winter break. Hungary is the…
Turkish parliament to debate Sweden’s NATO bid on Tuesday -sources
By Huseyin Hayatsever ANKARA (Reuters) – The Turkish parliament’s general assembly is set to debate Sweden’s NATO membership bid on Tuesday, three sources from parliament said. After likely full parliamentary approval on…
Sweden’s Northvolt to build $5.2 billion battery factory in Canada
By Supantha Mukherjee and Divya Rajagopal STOCKHOLM/TORONTO (Reuters) – Swedish lithium-ion battery producer Northvolt said on Thursday it would open a $5.2 billion gigafactory in Quebec, the largest ever investment in the…
Turkey will back Sweden’s NATO bid if U.S. keeps promise on F-16 sale -Erdogan
ANKARA (Reuters) – Turkey’s parliament will keep its promise to ratify Sweden’s NATO bid if U.S. President Joe Biden’s administration paves the way for F-16 jet sales to Ankara, President Tayyip Erdogan…
Sweden’s H2 Green Steel raises $1.6 billion for Boden plant
OSLO (Reuters) -H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the Swedish steel company said on Thursday,…
Sweden’s economy shrinks in Q2, but less than feared
STOCKHOLM (Reuters) – The Swedish economy shrank in the second quarter, primarily due to slower exports and decreased trade inventories, though the contraction was smaller than expected, data from the Statistics Office…
Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB
By Marie Mannes, John O’Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a sure bet for…
‘Blackmail’: Biden Admin Conveniently Approves Transfer Of Fighter Jets To Turkey After It Approves Sweden’s NATO Bid
‘Blackmail’: Biden Admin Conveniently Approves Transfer Of Fighter Jets To Turkey After It Approves Sweden’s NATO Bid Jake Smith on July 11, 2023 The Biden administration approved the transfer of F-16 fighter…
Biden shows support for Sweden’s NATO bid in talks with PM
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden showed support for Sweden’s entry into NATO in talks with Prime Minister Ulf Kristersson on Wednesday as doubts linger that Turkey will lift…
Turkey’s Erdogan says Sweden’s NATO steps undermined by protests
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said Sweden has taken steps in the right direction for its NATO bid with anti-terrorism legislation but continued protests there by Kurdish militant sympathisers undermined…
Hungary foreign minister says he was in touch with Turkey on Sweden’s NATO bid
By Boldizsar Gyori BUDAPEST (Reuters) – Hungary’s foreign minister said on Tuesday that he had been in touch with his Turkish counterpart about a ratification of Sweden’s NATO membership and if there…
Honeywell to acquire heads-up display assets from Sweden’s Saab
(Reuters) – U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab’s heads-up display (HUD) assets to strengthen its avionics unit. The HUDs will be integrated into…
Sweden’s Essity divests Russian operations
(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material…
US urges Turkey to quickly ratify Sweden’s NATO bid
WASHINGTON (Reuters) – The United States welcomed Turkish President Tayyip Erdogan’s announcement on Friday that the country’s parliament will begin ratifying Finland’s NATO bid, and encouraged Turkey to quickly ratify Sweden’s accession…
Sweden’s government to present NATO bill to parliament in March
STOCKHOLM (Reuters) – Sweden’s government will present a NATO accession bill to parliament in March, its foreign minister said on Wednesday, though the timing for membership still depends on both Turkey and…
Kobe Steel’s U.S. unit signs technology deal with Sweden’s H2 Green Steel
TOKYO (Reuters) – Japanese steelmaker Kobe Steel Ltd said on Wednesday its U.S. unit, Midrex Technologies, has signed a contract with Swedish steel venture H2 Green Steel to supply its technology for…
Sweden’s Leader Resigns After Elections Show First-Ever Right-Wing Populist Win
Sweden’s Leader Resigns After Elections Show First-Ever Right-Wing Populist Win Micaela Burrow on September 14, 2022 The Swedish prime minister tendered her resignation Wednesday after preliminary election results showed a historic win…
Sweden’s right-wing opposition leads election as 98% of districts counted
STOCKHOLM (Reuters) – Sweden’s right-wing opposition on Wednesday held on to a narrow lead over the ruling centre-left bloc as counting neared the end after Sunday’s close-fought vote for parliament, election authority…
Two-thirds majority of U.S. Senate backs Finland and Sweden’s joining NATO
WASHINGTON – More than two-thirds of the U.S. Senate approved on Wednesday Finland and Sweden’s accession to NATO, the most significant expansion of the 30-member alliance since the 1990s as it faces…
Sweden’s AB Volvo begins to lay off some Russian employees
HELSINKI – Truck maker AB Volvo had begun laying off some of its Russian staff and to scale down operations, but has not made a decision to leave the country entirely, it…
Sweden’s SEB, Handelsbanken beat forecasts but Ukraine, inflation cloud outlook
By Johan Ahlander and Niklas Pollard STOCKHOLM -Swedish banks SEB and Handelsbanken both delivered better-than-expected quarterly profit gains on Wednesday to send their shares higher even as the war in Ukraine and…
Riots erupt in Sweden’s Orebro ahead of right-wing extremist demonstration
STOCKHOLM – Violent riots erupted in the central Swedish city of Orebro on Friday as counter-protesters attacked police ahead of a planned right-wing extremist demonstration. Police said on its website that four…
EU Commission approves Sweden’s 3.3 billion euro recovery plan
BRUSSELS – The European Commission approved on Tuesday Sweden’s post-pandemic recovery plan that will allow the country to get 3.3 billion euros in grants from the European Union until 2026 to make…
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