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    <description>Read the latest news and views from Sweden in English</description>
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        <title>
            Volvo sells aerospace unit to Britain&#039;s GKN
        </title>
        <description>
            Sweden&#039;s Volvo AB announced on Thursday it was selling its Volvo Aero aerospace engine subsidiary to British vehicle engineering group GKN for 6.9 billion kronor ($987 million).
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            https://www.thelocal.se/20120705/41848
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        <pubDate>Thu, 05 Jul 2012 13:18:00 +0200</pubDate>
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            Saab targeted in South Korea bribery probe
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            Swedish aerospace giant Saab AB is under investigation by South Korean security authorities looking into allegations the company paid off a local research institute in exchange for classified information.
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            https://www.thelocal.se/20091006/22500
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        <pubDate>Tue, 06 Oct 2009 15:29:00 +0200</pubDate>
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            Saab&#039;s Gripen looks to land major Brazilian air force order
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            Swedish aircraft maker Saab AB is weeks away from learning whether its Gripen NG fighter jet will be chosen by Brazil over models from France and the United States in a much-anticipated deal worth billions.
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            https://www.thelocal.se/20090803/21062
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        <pubDate>Mon, 03 Aug 2009 09:47:00 +0200</pubDate>
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            Losses cause Saab shares to nosedive
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            Swedish aerospace company Saab reported a 708 million kronor ($85 million) net loss for the fourth quarter of 2008, down from a net profit of 1.01 billion kronor the year before.
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            https://www.thelocal.se/20090213/17568
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        <pubDate>Fri, 13 Feb 2009 13:30:00 +0100</pubDate>
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            Saab job cuts amid poor results
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            Defence and aerospace manufacturer Saab reported disappointing third quarter results on Thursday, with pretax profits down 44 percent compared to the same period last year.
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            https://www.thelocal.se/20081017/15020
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        <pubDate>Fri, 17 Oct 2008 12:40:00 +0200</pubDate>
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