Friday, January 24, 2020
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No Bank & Fintech Accounts For EU Citizens In Sweden

Review of a potential 'unintentional discrimination' of up to 25.500 EU citizens a year in Sweden. ... Getty Despite regulatory changes that were...

Estonian minister blamed for slow reform after Danske scandal

TALLINN (Reuters) - Estonia's far-right finance minister has been criticized by lawmakers for holding up financial reforms promised after the Baltic state became the...

Electrolux net profit weighed by one-offs

STOCKHOLM--Electrolux AB on Thursday posted a 36% fall in third-quarter net profit as earnings were weighed by one offs. The Swedish home-appliance manufacturer ...

UAW, Mack Trucks agree tentative deal, suspend two-week strike

(Reuters) - United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo's () Mack Trucks on Thursday,...

Challenged by electric cars, Brembo aims to put the brakes on...

BERGAMO, Italy (Reuters) - Brembo's () distinctive colored brakes stop many of the world's fastest cars but when it comes to the electric vehicles...

Pound down vs dollar after PM calls for election; S&P 500...

NEW YORK (Reuters) - The British pound fell against the dollar on Thursday after British Prime Minister Boris Johnson's call for a national election,...

ABB profit, revenue falls amid weaker market conditions

ABB Ltd. said Wednesday that third-quarter net profit and revenue fell, largely due to weaker market conditions hitting its robotics and automation business.The Swiss...

SEB beat forecasts amid growth in lending and advisory services

Skandinaviska Enskilda Banken AB posted a forecast-beating third-quarter net profit on Wednesday amid solid growth in both corporate and mortgage lending and advisory services...

Swedbank profit drops amid tough competition and higher costs

Swedbank AB on Wednesday posted a bigger-than-expected drop in third-quarter net profit as the bank faced tough competition and higher costs."We are seeing tough...

Exclusive: Huawei in early talks with U.S. firms to license 5G...

WASHINGTON (Reuters) - Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology...