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Fredrik Reinfeldt, prime minister of Sweden, says there are still countries in Europe in need of austerity because of their huge deficits.
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LONDON/ SEOUL, April 5- North Korea warned on Friday it could not guarantee the safety of diplomats after next Wednesday and asked embassies to consider moving staff out of the country, European diplomats said, amid high tension on the Korean peninsula.
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SEOUL, April 4- South Korea is to buy Taurus bunker-busting air-to-ground long range missiles for its F-15K strike fighters in a move to boost its strike power amid rising tensions with North Korea, its defence minister told a parliamentary committee on Thursday.
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NEW YORK-- Shares of Inovio Pharmaceuticals Inc. skidded Tuesday after the company reported negative data from a clinical trial of an experimental hepatitis C vaccine.
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LONDON, April 1- The triumph of hope over experience. Though MSCI's China index is languishing 4 percent in the red this year, many fund managers are betting the stars are finally aligned for a lasting turnaround in China's equity index, the biggest in emerging markets.
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NEW YORK-- General Motors Co. said Tuesday that its financial arm completed the purchase of most of Ally Financial's operations in Europe and Latin America.
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*MTS, Vimpelcom offer $4- $4.25 bln for Tele2 Russia. *Tele2 and main shareholder stand by $3.5 bln VTB deal. MOSCOW, March 28- Russian mobile companies MTS and Vimpelcom Ltd joined the bidders for Tele2 AB's Russian unit on Thursday, rivaling a proposal by billionaire Mikhail Fridman's A1 investment group and an agreed deal with VTB Bank OAO.
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*Ready to offer $3.6- $4 bln for Tele2's Russian unit. *Tele2 and main shareholder stand by $3.5 bln VTB deal. MOSCOW/ STOCKHOLM, March 28- Russian state-controlled bank VTB said it had struck a legally-binding deal to buy Tele2's Russian division, after billionaire Mikhail Fridman's investment group A1 threatened to top VTB's $3.5 billion bid for the asset.
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DETROIT, March 27- Fisker Automotive, which has not made a vehicle since July, placed its U.S. workforce on furlough this week as part of its effort to keep costs low while it continues to search for a strategic partner, the U.S. automaker said on Wednesday.
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STOCKHOLM, March 27- Greenland's incoming government believes that the country has a sufficient number of oil licenses and it will be cautious about awarding new permits, the next mining and oil minister said on Wednesday.
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STOCKHOLM, March 27- Greenland's incoming government believes that the country has a sufficient number of oil licenses and it will be cautious about awarding new permits, the next mining and oil minister said on Wednesday.
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STOCKHOLM, March 27- Greenland's incoming government will be cautious when it comes to awarding new offshore oil exploration permits, the next mining and oil minister said on Wednesday.
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NEW YORK, March 27- Swedish automaker Volvo Car will introduce its first all-new vehicle as a unit of China's Zhejiang Geely Holding Group Co Ltd in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday.
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will introduce its first all-new vehicle as a unit of China's Zhejiang Geely Holding Group Co Ltd in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday. Volvo is also jointly developing with Geely a new compact platform for smaller models, some of which will be built at a new Volvo plant in Chengdu, China, he said.
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MOSCOW, March 27- Russia's VTB has agreed to buy the Russian unit of Sweden's Tele2 for $2.4 billion, a senior executive of the bank told Russian TV station Rossiya 24 on Wednesday.
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STOCKHOLM, March 27- In the shadow of well-known brands like Volvo and Ericsson, an acquisition-packed decade has made technology firm Hexagon one of Sweden's most valuable companies and a rare newcomer among its top blue chips.
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*Depreciation helped Iceland recover, not open to Cyprus. STOCKHOLM/ REYKJAVIK, March 27- For Iceland, there was a sense of deja vu when Cyprus's finance minister said capital controls would probably last "a matter of weeks".
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*Depreciation helped Iceland recover, not open to Cyprus. STOCKHOLM/ REYKJAVIK, March 27- For Iceland, there was a sense of deja vu when Cyprus's finance minister said capital controls would probably last "a matter of weeks".
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*Spot price for Thursday eases to 46.3 euros/ MWh. OSLO, March 27- Nordic power prices for delivery in the second quarter inched up on Wednesday to the highest levels since last December as dry weather kept the water supply low for hydropower generation. was trading at 41.60 euros per megawatt-hour by 1100 GMT, 5 cents higher than the previous day.
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STOCKHOLM, March 27- In the shadow of well-known brands like Volvo and Ericsson, an acquisition-packed decade has made technology firm Hexagon one of Sweden's most valuable companies and a rare newcomer among its top blue chips.
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STOCKHOLM, March 27- In the shadow of well-known brands like Volvo and Ericsson, an acquisition-packed decade has made technology firm Hexagon one of Sweden's most valuable companies and a rare newcomer among its top blue chips.