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  • STOCKHOLM, Sept 18- Ericsson, the world's biggest mobile network equipment maker, is winding down its modem business, shutting a loss-making unit with the departure of about 1,000 staff.

  • DIARY - Top Economic Events to Sept 30 Wednesday, 17 Sep 2014 | 8:01 PM ET

    DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.

  • Barcelona, Spain, tops innovative cities contest Wednesday, 17 Sep 2014 | 8:02 AM ET

    Barcelona was awarded 5 million euro as top finisher. Four others were awarded 1 million euros each: the metropolitan area of Kirklees, England, and the cities of Stockholm; Warsaw, Poland; and Athens, Greece.

  • BERLIN, Sept 17- Oliver Samwer and his brothers Marc and Alexander are on the brink of becoming Germany's newest billionaires with the flotations of Rocket Internet and the European online fashion site Zalando it helped launch in 2008..

  • DIARY - Top economic Events to Sept 29 Tuesday, 16 Sep 2014 | 8:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.

  • STOCKHOLM, Sept 15- Microsoft Corp said on Monday it has agreed to acquire Stockholm- based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.

  • STOCKHOLM, Sept 15- Shrugging off scandal and condemnation from their political rivals, the far right Sweden Democrats have more than doubled their vote to hold the balance of power in their country- cementing immigration worries into mainstream political debate.

  • Europe shares rise as M&A fever boosts brewers Monday, 15 Sep 2014 | 8:08 AM ET

    *Report AB InBev seeking financing for SABMiller deal. PARIS, Sept 15- European shares rose around midday on Monday, led by a sharp rally in brewers such as SABMiller and Heineken sparked by M&A activity in the sector.

  • Air France strike amid Europe's low-cost shakeup Monday, 15 Sep 2014 | 6:14 AM ET

    Air France-KLM, which is the national carrier for France and the Netherlands, said it can ensure just 48 percent of flights Monday, 40 percent on Tuesday and perhaps less later in the week as unions protest against its savings program. Like Lufthansa, Alitalia, SAS and other national airlines in Europe, Air France-KLM is focusing on cost cuts to remain competitive.

  • Sweden's far-right rises amid immigration debate Monday, 15 Sep 2014 | 2:43 AM ET

    Ironically, the surge for the far-right Sweden Democrats means the country's government itself is poised to shift to the left, since many of the Sweden Democrats' new voters defected from Prime Minister Fredrik Reinfeldt's center-right coalition. Here's a guide to Sweden's shifting political situation:.

  • *Fund manager Pohjola sharing its trade system with peers. LONDON, Sept 14- Stock investors who recognise the risks of trading in anonymous "dark pools" but are unwilling to spurn them have found an alternative: club together.

  • Sweden shifts to left in parliamentary election Sunday, 14 Sep 2014 | 4:04 AM ET

    The anti-immigration Sweden Democrats party more than doubled its support to 13 percent, leaving it with the balance of power in Parliament. "There's something that is falling apart in Sweden," Social Democrat leader Stefan Lofven said cheering supporters at a rally in Stockholm after most of the votes had been counted. "

  • DIARY -Top Economic Events to Sept 25 Friday, 12 Sep 2014 | 8:01 PM ET

    MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.

  • DIARY -Top Economic Events to Sept 24 Thursday, 11 Sep 2014 | 8:01 PM ET

    Treasury Deputy Secretary Sarah Bloom Raskin attends the Making Home Affordable Help for Homeowners event in Baltimore- 1700 GMT. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.

  • DIARY - Top economic Events to Sept 23 Wednesday, 10 Sep 2014 | 8:01 PM ET

    WELLINGTON- Reserve Bank of New Zealand announces Monetary Policy Statement and Official Cash Rate. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.

  • BERLIN, Sept 10- German venture capital firm Rocket Internet unveiled plans for a stock market listing that could value the company behind dozens of online start-ups at $6.5 billion, riding a wave of e-commerce flotations.

  • Russian gas supplies to Poland drop by a quarter Wednesday, 10 Sep 2014 | 8:19 AM ET

    WARSAW, Poland— Russian natural gas deliveries to Poland have dropped by almost a quarter this week, the country's gas monopoly said Wednesday, forcing it to stop supplying gas on to Ukraine. Some commentators believe it to be retaliation by Moscow against Poland for its decision to help Ukraine with gas.

  • BERLIN, Sept 10- German venture capital group Rocket Internet, which has launched dozens of online start-ups, has set out plans for a stock market listing that could value the company at 5 billion euros as it rides a wave of e-commerce flotations.

  • China is Ikea's fastest growing market Tuesday, 9 Sep 2014 | 6:48 AM ET

    STOCKHOLM— Ikea, the world's largest furniture retailer, says its sales are growing globally, with China now its fastest growing market. The Swedish company says sales rose nearly 6 percent to 28.7 billion euros in the year through August. The company has been opening new stores in China, where spending has been on the rise in recent years.

  • DIARY - Top economic Events to Sept 22 Monday, 8 Sep 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Daniel Tarullo and other banking officials testify before Senate Banking Committee on Wall Street Reform- 1400 GMT. Counselor to the Treasury Secretary Michael Stegman speaks before the 2014 American Mortgage Conference in Raleigh- 1715 GMT.