Ericsson cuts 1,500 more jobs, profit plunges
STOCKHOLM (AFP) - Ericsson announced on Monday an extra 1,500 job cuts under restructuring which bit deeply into fourth-quarter net profit at the firm, the world leader in phone network equipment.
Nations:Sweden India Activities:2008 U.S. Layoff Crisis Source:(AFP)
2010-01-25
Europe fast-tracking swine flu vaccine
LONDON - In a drive to inoculate people against swine flu before winter, many European governments say they will fast-track the testing of a new flu vaccine, arousing concern among some experts about safety issues and proper vaccine doses.
Nations:U.K. Sweden France Greece Activities:2009 Swine Flu Source:(AP)
2009-07-26
Jackson's world fans mourn idol before memorial
LONDON - Fans in Asia planned to stay up into the wee hours, bars across Europe were holding Michael Jackson theme nights and television stations from Sydney to Paris were clearing their schedules Tuesday to broadcast the King of Pop's star-studded memorial service live from Los Angeles.
Nations:France Sweden Malaysia Australia Philippines People:Michael Jackson Stevie Wonder Lionel Richie Mariah Carey Aaron Kwok Activities:Michael Jackson Death Source:(AP)
2009-07-07
GM says reaches deal to sell Saab to Koenigsegg
STOCKHOLM (Reuters) - Sweden's Koenigsegg, a niche manufacturer of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making Saab Automobile from General Motors, the companies said on Tuesday.
Nations:Sweden U.S. Activities:2009 GM Bankruptcy Source:(Reuters)
2009-06-16
Sweden car firm Koenigsegg to buy Saab: report
STOCKHOLM (AFP) - Swedish luxury sports car maker Koenigsegg will buy Saab Automobile from US giant General Motors with the backing of Norwegian investors, Swedish television reported on Thursday.
Nations:Sweden Italy Source:(AFP)
2009-06-11
NKorea says 2 US journalists will stand trial
SEOUL, South Korea - Two American journalists detained at North Korea's border with China two weeks ago will be indicted and tried, "their suspected hostile acts" already confirmed, Pyongyang's state-run news agency said Tuesday.
Nations:North Korea China South Korea Sweden U.S. People:Bill Richardson Al Gore Activities:North Korea-U.S. Source:(AP)
2009-03-30
GM and Chrysler seek nearly $22 billion more in aid
DETROIT (Reuters) - General Motors Corp and Chrysler LLC requested nearly $22 billion in combined additional U.S. government aid and have reached a tentative deal with the United Auto Workers union to reduce labor costs.
Nations:Sweden Activities:2008 U.S. Automaker Crisis Source:(Reuters)
2009-02-17
Ericsson reports profit drop, to cut 5,000 jobs
STOCKHOLM, Sweden - Wireless equipment maker LM Ericsson on Wednesday reported profits dropped 31 percent in the fourth quarter, citing restructuring charges and weaker handset sales, and said it would slash 5,000 jobs.
Nations:Sweden Canada Activities:2008 U.S. Layoff Crisis Source:(AP)
2009-01-21
Thousands in Europe, Lebanon protest Gaza violence
BERLIN - Tens of thousands of people demonstrated in cities across Europe and in Lebanon Saturday, shouting protests against the Israeli offensive in Gaza.
Nations:Israel U.K. Lebanon France Germany Sweden People:George W. Bush Activities:2009 Gaza War Source:(AP)
2009-01-10
Euro currency turns 10; seen fulfilling promise
FRANKFURT, Germany - Ten years ago, Europe launched its grand experiment with a shared currency -- and watched it plunge in value before recovering.
Nations:Italy Germany U.K. Slovakia Sweden France Source:(AP)
2008-12-28
Former Finnish president wins Nobel Peace Prize
Finland's ex-president Martti Ahtisaari received the Nobel Peace Prize on Friday for his efforts to build a lasting peace from Africa and Asia to Europe and the Middle East.
Nations:Finland Namibia Sweden Tanzania South Africa People:Martti Ahtisaari Al Gore Source:(AP)
2008-10-10
Trio wins chemistry Nobel for protein breakthrough
Two Americans and a Japanese researcher won the 2008 Nobel Prize in Chemistry Wednesday for the discovery of a glowing protein in jellyfish that helps scientists spot the onset of illnesses such as cancer and Alzheimer's disease.
Nations:Sweden Japan Source:(Reuters)
2008-10-08
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