https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed The head of one of Sweden’s biggest unions has called on Sweden's government to ignore proposals to impose a profit cap on private health companies, and instead concentrate on schools and old people's homes. https://www.thelocal.se/20170114/swedish-union-drops-support-for-profit-cap-on-health Sat, 14 Jan 2017 16:59:33 +0100 swedish-union-drops-support-for-profit-cap-on-health Sweden's powerful blue collar trade union group LO has scrapped its quest to regulate profits for businesses operating in the welfare sector, signaling instead that it's open to negotiating a solution. https://www.thelocal.se/20140120/unions-shift-stance-on-welfare-sector-profits Mon, 20 Jan 2014 08:36:00 +0100 unions-shift-stance-on-welfare-sector-profits Swedish truck maker Scania reported on Wednesday a one-third plunge in net profit for 2012 and a cut in current production, but said that orders had risen in the fourth quarter. https://www.thelocal.se/20130130/45906 Wed, 30 Jan 2013 14:47:00 +0100 45906 The Social Democrats said on Friday they would not advocate for an outright ban on profits by companies working in the welfare sector, arguing instead for stronger regulations, increased transparency, and tougher demands on quality. https://www.thelocal.se/20121026/44076 Fri, 26 Oct 2012 19:02:00 +0200 44076 Swedish cheap-and-chic fashion giant H&M on Wednesday posted a net profit up 22.5 percent in the second quarter, easily beating expectations and boosting its share price. https://www.thelocal.se/20120620/41550 Wed, 20 Jun 2012 12:32:00 +0200 41550 The Swedish appliance maker Electrolux said Wednesday that its first quarter net profit jumped by 23 percent from the same period a year earlier owing to solid demand from emerging markets. https://www.thelocal.se/20120425/40474 Wed, 25 Apr 2012 16:24:00 +0200 40474 Swedish cheap-and-chic fashion giant H&M on Thursday posted a 2011 net profit down 15 percent from a year earlier amid higher cotton prices, but expressed optimism for 2012 despite the difficult economic climate. https://www.thelocal.se/20120126/38738 Thu, 26 Jan 2012 13:30:00 +0100 38738 The Swedish National Debt Office (Riksgälden) decided to approve Saab's request to sell shares in Saab Automobile. https://www.thelocal.se/20110705/34760 Tue, 05 Jul 2011 17:42:00 +0200 34760 Talks have broken down between Sweden's Financial Sector Union and an industry association over the wages and employment conditions of its 30,000 members. https://www.thelocal.se/20110218/32140 Fri, 18 Feb 2011 17:15:00 +0100 32140 Swedish retailer Hennes & Mauritz on Thursday reported a fall in fourth quarter profits on the back of rising cotton prices and the weak euro. https://www.thelocal.se/20110127/31674 Thu, 27 Jan 2011 12:28:00 +0100 31674 Swedish steelmaker issued a profits warning on Thursday, expecting weak demand and lower production to push operating profits to near zero. https://www.thelocal.se/20101223/31034 Thu, 23 Dec 2010 11:07:00 +0100 31034 Sweden's SEB bank on Tuesday posted higher-than-expected second quarter profits and said it had "turned the page" in the Baltic countries, where it had been heavily exposed to the financial crisis. https://www.thelocal.se/20100713/27764 Tue, 13 Jul 2010 15:57:00 +0200 27764 H&M announced on Thursday that its second-quarter profit increased 24 percent, but it still narrowly missed estimates due to bad weather for spring sales. It added it will meet its objective of opening 240 new stores this year. https://www.thelocal.se/20100624/27430 Thu, 24 Jun 2010 15:39:00 +0200 27430 SEB Group has confirmed it is talking to potential buyers regarding the sale of its German retail banking business. https://www.thelocal.se/20100514/26636 Fri, 14 May 2010 11:32:00 +0200 26636 Ikea increased its sales for the 2006-2007 fiscal year to a new record of 186 billion kronor ($29.2 billion). https://www.thelocal.se/20080215/9989 Fri, 15 Feb 2008 07:29:00 +0100 9989 Saab AB said its full year pretax profit rose 45 percent from a year earlier to 2.45 billion kronor ($384 million), boosted by capital gains and stronger sales. https://www.thelocal.se/20080214/9986 Thu, 14 Feb 2008 15:23:00 +0100 9986