Swedish state-owned energy group eyes British Energy

Stockholm  - Swedish state-owned energy group Vattenfall that also has activities in Germany and other Nordic neighbours was Tuesday reported to be considering a bid for British Energy.

Man freed from waste chute in apartment building

Stockholm  - For want of a key, a man tried to climb up a waste chute in an apartment building in the Swedish ski metropolis Are and had to be freed after he got stuck halfway into the chute, repor

Ericsson signs 1.44-billion-dollar deal with Chinese operators

Stockholm  -  Swedish telecommunications equipment maker Ericsson Monday said it had signed a 1.44-billion-dollar deal with Chinese mobile operators China Mobile and China Unicom.

Turbulent markets factor in Ericsson share slide

Stockholm  - Ericsson chief executive Carl-Henric Svanberg put on a brave face Wednesday before meeting shareholders at the annual general meeting of the Swedish telecommunications equipment maker.

Baltic Sea pipeline consortium drops service platform

Stockholm  -  A consortium that plans to build an underwater Baltic Sea gas pipeline from Russia to Germany said Tuesday it has dropped plans to build a service platform east of the Swedish Baltic

Volvo Rolls Out 6 Sedan, SUV Versions in Indian Markets