Knut Hallberg, senior economist at Swedbank, tells CNBC that Swedish exports have been hard hit by the European crisis but fundamentals remain strong.» Read More
The multi-role Eurofighter combat jet is made by EADS, representing France and Spain, Britain's BAE Systems and Italian weapons maker Finmeccanica, with each taking responsibility for particular campaigns. It is vying for orders in South Korea, Kuwait, Qatar, Bulgaria and Denmark, Gutierrez said.
*Plans 1 bln euro cost cuts, 1 bln euro asset sales. PARIS, June 19- Telecom equipment maker Alcatel-Lucent plans to focus on networking products and high-speed broadband and will slim down with a billion euros in cost cuts by 2015 in a bid to reverse years of losses.
*Nordic state one of most robust economies in Europe. Sweden, one of the few AAA-rated countries in Europe, came through the sovereign debt crisis relatively unscathed, although its exporters have seen a sharp drop in demand.
LONDON, June 19- European shares reversed early gains on Wednesday to turn red, with traders saying investors were adjusting positions ahead of a U.S. The FTSEurofirst 300 was down 0.4 percent at 1,178.80 points by 0735 GMT, retreating from a session high of 1,186.52 points.
*Swedish bank risk-weighted assets at the low end in Europe. STOCKHOLM, June 18- Sweden's big banks could find their reputation for capital strength increasingly under threat due to pressure from regulators who fear they are more vulnerable to risky loans than appears on paper.
CHELMSFORD, Mass.-- Datawatch is buying real-time visual data software company Panopticon Software AB in an all-stock deal valued at about $31.4 million. Datawatch, which is based in Chelmsford, Mass., provides information optimization products that help businesses analyze and manage data.
*Europe wants to build cloud sector to rival U.S. players. PARIS/ LONDON, June 17- France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies.
BARCELONA, June 17- Shoppers in the 109 countries where Spanish fashion chain Mango has stores recognise its celebrity faces well, but few know much about the company behind the clothes modelled by Kate Moss, Gerard Pique and Scarlett Johansson. "Mango is from Spain, part of the Inditex group, isn't it?"
ZARAGOZA, Spain, June 17- At military exercises in northern Spain, French and Spanish fighters fly alongside Swedish and Czech transport aircraft while a multinational team of mechanics changes the engine on a Belgian plane.
STOCKHOLM, June 16- Nordic telecom operator TeliaSonera said on Sunday it had picked Johan Dennelind, the current chief executive of South Africa's Vodacom International, as its new CEO.
*EU's trade chief to go to Beijing to seek solution. Sweden, Denmark and the Netherlands said EU Trade Commissioner Karel De Gucht should find a diplomatic solution with Beijing to avoid a tit-for-tat trade war, after Brussels imposed tariffs on Chinese solar panels and Beijing retaliated with an investigation into European wine.
*France trying to shield French culture from Hollywood. LUXEMBOURG, June 14- France was adamant on Friday that it would block an EU free-trade deal with the United States unless its culture was shielded from the might of Hollywood and Silicon Valley.
Sweden, Denmark and the Netherlands said EU Trade Commissioner Karel De Gucht needed to find a diplomatic solution with Beijing to avoid a tit-for-tat trade war, after Brussels imposed tariffs on Chinese solar panels and Beijing retaliated with an investigation into European wine.
LONDON- The dollar and world shares edge higher, clawing back some of Tuesday's steep losses as investors seek out bargains with one eye on central bank stimulus. (MARKETS-GLOBAL/, expect by 1300 GMT/ 9 AM ET, by Richard Hubbard, 570 words). LONDON- If currency turbulence in emerging markets escalates into full-scale investor flight, the U.S.
*Inditex Q1 net up 2 percent at 438 mln euros. *Inditex sales up 5.2 pct at 3.6 bln euros, flat like-for-like.
STOCKHOLM-- Scandinavian airline group SAS says its second-quarter net loss narrowed to 388 million kronor from 429 million kronor a year earlier as a result of cost cuts. Facing stiff competition from budget airlines and high expenses, SAS AB in November embarked on a wide restructuring plan and announced 800 job cuts aimed at saving 3 billion kronor annually.
DETROIT, June 10- Dutch sports car maker Spyker NV's $3 billion lawsuit accusing General Motors Co of trying to bankrupt Swedish automaker Saab was dismissed by a U.S. federal judge on Monday who said the U.S. automaker had the right to block the sale of a company using its technology.
LONDON/ PARIS, June 7- The UK, France and Sweden are leading a final push for countries to have some national discretion over which creditors are forced to foot the bill for bank rescues, three sources with knowledge of the negotiations told Reuters.
"In some ways, a smartphone is in the middle of Silicon Valley and Hollywood," he said. " Silicon Valley represents technology- and smartphones need strong technology- and the Hollywood aspect is about experience and perception. " It needs to be between Hollywood and Silicon Valley, "he said on the sidelines of a business conference in Chengdu in southwestern China.
HERZLIYA, Israel, June 6- Inspired by its success in high-tech electronics and software, Israel is hoping to pull off the same trick in life sciences. High-tech has been one of Israel's main growth engines and companies such as Intel Inc, IBM and Google Inc have major R&D centres in the country.