Hennes & Mauritz reports profits hike
Swedish clothing retailer Hennes & Mauritz (H&M) has reported a lift in profits for the first fiscal quarter to 5.055 billion kronor ($690 million) as the firm confirmed plans to continue its global expansion. thelocal.se |
Opposition outlines change in shadow budget
The left-green opposition promised a 'new direction' in Swedish politics when presenting its budget proposal on Monday, including defence cuts, a new wealth tax, and a cut in payroll taxes for small business. thelocal.se |
Littorin: I wanted to protect my family
Sven Otto Littorin has explained that he resigned as employment minister to save his family and friends from "untrue and very unpleasant information" in response to allegations that he bought sex in 2006. thelocal.se |
Gay outsprints Bolt in Stockholm showdown
American sprinter Tyson Gay left world record holder Usain Bolt trailing in his wake on Friday in the Diamond League men's 100 metres in Stockholm. thelocal.se |
Swedes working in China doubles in five years
The number of Swedish employees working in China has doubled in the last five years, according to a issued by a leading Swedish engineering industry group. thelocal.se |