Sweden’s right bloc inched into the narrowest of leads with around three-quarters of votes counted after Sunday’s general election, with results pointing to a new government after eight years of Social Democrat rule. The figures show the Moderates, Sweden Democrats, Christian Democrats and Liberals winning 175 seats in the 349-seat parliament against 174 for the … Read more
Sweden’s parliamentary elections are too close to call after exit polls showed a tiny lead for the ruling centre-left while a radical nationalist party looks set to be the biggest party on the rightwing. The exit poll for state broadcaster SVT gave 49.8 per cent to the leftwing bloc and 49.2 per cent to the … Read more
Chris Hondros/Hulton Archive via Getty Images Philip Morris International (NYSE:PM) is said to be mulling lowering the acceptance threshold for its proposed $16 billion acquisition of smokeless tobacco firm Swedish Match (OTCPK:SWMAF). Philip Morris (PM) is expected to make a decision on the lower threshold in the next few weeks, according to a Bloomberg report … Read more
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Vanessa Gera Article content NORRTALJE, Sweden (AP) — Prime Minister Magdalena Andersson on Sunday was on the campaign trail a week before Sweden’s national election to tackle fears over gang violence and rising electricity bills. Andersson traveled by bus to communities near Stockholm … Read more
Newcastle United have signed Alexander Isak from Real Sociedad on a long-term deal, the Alexander Isak club said on Friday, shattering their transfer record to recruit the Sweden striker. The clubs did not disclose the fee but British media reported Newcastle paid around 59 million pounds ($70.03 million) to sign the 22-year-old. The fee eclipses … Read more
Breadcrumb Trail Links PMN Business Swedish inflation slowed more than analysts expected and in so doing cooled speculation that the country’s central bank will ramp up its policy tightening next month. Author of the article: Bloomberg News Ott Ummelas Customers buy fresh fruit and vegetables from a market stall in the center of Stockholm, Sweden, … Read more
Trygve Finkelsen/iStock Editorial via Getty Images Swedish Match AB (OTCPK:SWMAY) is facing a suit over alleged monopolistic practices in nicotine pouches, wherein the plaintiff is seeking $1.2B in damages. The lawsuit, brought by former competitor Dryft Sciences, accuses the Swedish snus giant of filing “sham legal actions” to hinder the business of its competitors. The … Read more
Iran’s intelligence ministry said on Saturday that it had arrested a Swedish citizen on espionage charges, the official IRNA news agency reported, without naming the detained person. “The intelligence ministry announced that a citizen of the Kingdom of Sweden was arrested on espionage charges,” IRNA quoted a ministry statement a saying. It did not say … Read more
ranian agents have arrested a Swedish citizen suspected of spying, the intelligence ministry said Saturday. The statement said the suspect was in touch with several other figures in Iran, and has visited Israel, Iran’s foe. The statement accused Sweden of proxy spying for Israel. There was no immediate response from Sweden. This is the second … Read more