Carl Bildt, Swedish foreign minister, discusses nuclear security in Ukraine and says that Russia's marginalization in international affairs will have a negative impact on its economy.» Read More
STOCKHOLM— Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro bid. Fund manager Swedbank Robur on Thursday said it thinks the offer of 200 kronor per Scania share is reasonable.
STOCKHOLM— Wireless equipment maker Ericsson says first-quarter profit increased to 1.7 billion kronor mainly because of restructuring and licensing income even as revenue fell by 9 percent compared to the same period a year earlier.
NEW YORK— Amsterdam wants to create an online game to get unemployed young people engaged in finding jobs across Europe. The cities are among 21 finalists vying for millions of euros in a new government-innovation contest devised by former New York Mayor Michael Bloomberg, his foundation announced Wednesday.
LONDON- Bank of England will release the minutes of April Monetary Policy Committee meeting- 0830 GMT. HELSINKI- Finnish Prime Minister Jyrki Katainen, Finance Minister Jutta Urpilainen and The Finns Party leader Timo Soini participate in a election debate- 1300 GMT.
MEXICO CITY— Novelist Gabriel Garcia Marquez left behind an unpublished manuscript that he chose not to print while he was alive, an editor told The Associated Press on Tuesday as the writer's compatriots held a musical tribute to him in his native Colombia. Garcia Marquez died at his Mexico City home on April 17.
Not only are middle class Americans losing out in the U.S., they are now trailing behind their global peers.
STOCKHOLM— Following the crisis in Ukraine, Sweden's government has proposed increasing the Nordic country's military spending by 5.5 billion Swedish kronor a year.
Federal Reserve, Ben Bernanke, will give a speech entitled "Eight Years of Crisis Management at the Federal Reserve and the Way Forward"- 1545 GMT. HALIFAX, Canada- Canadian Finance Minister Joe Oliver will speak at a Halifax Chamber of Commerce lunch in Nova Scotia- 1545 GMT.
WASHINGTON— National Association of Realtors releases existing home sales for March, 10 a.m.. WASHINGTON— Commerce Department releases new home sales for March, 10 a.m..
*Sector facing multi-billion-dollar funding shortfall. LONDON, April 17- Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980 s. Avance Gas listed this week in Oslo.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
BRUSSELS, April 15- European trucks will be transformed to make driver cabs more aerodynamic, cutting emissions and improving safety, under new rules backed by EU politicians on Tuesday that could divide the industry due to the cost.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
WASHINGTON- ECB Governing Council member Jens Weidmann and German Finance Minister Wolfgang Schaeuble to hold a national press conference in Washington- 1730 GMT.
KIEV, April 11- Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies.
*Plenty of room to grow in France, Spain. OSLO, April 11- High-flying Norwegian media and classifieds firm Schibsted plans to keep expanding and sees a shift to mobile platforms as the advertising sector's next transformation, its chief executive said.
KIEV, April 11- Ukraine hopes to buy gas from Europe to shore up its energy security, fearful Russia will cut gas supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies, its energy minister said on Friday.
PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.
*Ukraine in emergency talks with Europe to boost supplies. KIEV, April 5- Ukraine will take Russia to an arbitration court if talks fail to bring about a cut in natural gas prices, Energy Minister Yuri Prodan said on Saturday.
*Deal could have created a $24 billion generic drugs group. STOCKHOLM, April 4- Sweden's Meda AB said on Friday it had rejected a takeover approach by U.S. generic drugmaker Mylan Inc, scuppering a potential deal to create a combined company worth around $24 billion.