Swedish bank SEB lines up bumper shareholder payout
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank SEB on Thursday proposed a bigger than expected annual shareholder payout in the form of ordinary and special dividends, though fourth-quarter net profit was marginally…
Swedish prosecutor opens preliminary investigation into alleged Ericsson bribes in Iraq – TT news agency
STOCKHOLM -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as…
Swedish govt sees economy slowing this year amid high inflation
STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on Friday. The…
Lending to Swedish households up 6.7 pct in January
STOCKHOLM, Feb 25 – Total lending to Swedish households rose 6.7 percent year-on-year in January, down from plus 6.8 percent in the previous month, the statistics office said on Friday. (Reporting by…
Swedish Debt Office says bigger surplus reduces borrowing needs
STOCKHOLM – Sweden’s Debt Office said on Thursday that strong growth would lead to better government finances and lower the borrowing requirement meaning it would cut the supply of government debt. “The…
Volvo Cars to invest $1.1 billion in Swedish plant for switch to EVs
STOCKHOLM -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next few years to prepare for production of fully electric cars, it said on…
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