Results for Sweden
- Carmaker NEVS Lays Off Staff As Saab Plant Stays Idle
Cash-strapped China's National Electric Vehicle Sweden (NEVS) said on Wednesday it would lay off up to 200 staff at its Saab car plant in Sweden as production is unlikely to resume anytime soon, Reuters reported. NEVS, which bought the bankrupt Swed ...
Daily Headline - global.abi.org - 09/24/2014 - 21:12 - 0 comments
- Court Rejects Creditor Protection For Saab Carmaker NEVS
A Swedish court on Thursday rejected an application from China's National Electric Vehicle Sweden (NEVS), which bought bankrupt car maker Saab in 2012, for protection against creditors while it concludes funding talks, Reuters reported. The court ca ...
Daily Headline - global.abi.org - 08/28/2014 - 21:34 - 0 comments
- Riksbank Raises Concern On Household Debt
piquancy in March when Sweden officially suffered from deflation, with inflation falling by 0.6 per cent ...
Daily Headline - global.abi.org - 05/08/2014 - 00:03 - 0 comments
- Krugman Slamming Riksbank Fuels Deflation Anxiety
The Riksbank, the world’s oldest central bank, has become a sadist in its use of monetary policy, according to Nobel Laureate Paul Krugman, Bloomberg News reported. He says the Stockholm-based central bank’s bias toward tight policy during the financial ...
Daily Headline - global.abi.org - 04/23/2014 - 22:06 - 0 comments
- Sweden A Classic Case Of Sadomonetarism In Action
Three years ago Sweden was regarded as a role model in how to deal with a global crisis. The nation’s exports were hit hard by slumping world trade but snapped back; its well-regulated banks rode out the financial storm; its strong social insurance progr ...
Daily Headline - global.abi.org - 04/21/2014 - 22:23 - 0 comments
- Saab To Restart 9-3 Sedan Production Two Years After Bankruptcy
The new owners of Swedish car maker Saab, National Electric Vehicle Sweden AB, will restart production of the 9-3 sedan on Monday at the Trollhattan factory in Sweden, a NEVS spokesman said on Friday, Reuters reported. The 9-3 sedan will be powered by a ...
Daily Headline - global.abi.org - 12/02/2013 - 01:20 - 0 comments
- Volvo Announces $780 Million Restructuring Programme
Sweden's Volvo Group, the world's second biggest lorry manufacturer, announced Tuesday a 5 billion kronor (580 million euros, $780 million) restructuring plan over two years, the Economic Times reported. "The programme encompasses both ...
Daily Headline - global.abi.org - 09/24/2013 - 22:38 - 0 comments
- Sweden Detains Ex-Saab Executives In Tax Investigation
Swedish prosecutors have questioned the former head of bankrupt car maker Saab and two others in an investigation into suspected tax offences relating to the running of the company, officials said on Tuesday, Reuters reported. Prosecutors are looking int ...
Daily Headline - global.abi.org - 05/21/2013 - 21:56 - 0 comments
- Ex-Saab Executives Arrested On Accounting Charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges, the Associated Press reported. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid t ...
Daily Headline - global.abi.org - 05/20/2013 - 23:02 - 0 comments
- Sweden Cracks Down on Traders Ignoring Bond Rules
Sweden’s financial watchdog will stop turning a blind eye to traders who have ignored a rule requiring them to report company bond prices as the regulator seeks to improve transparency in a growing market, Bloomberg News reported today. The Swedish Finan ...
Daily Headline - abi_admin - 01/02/2013 - 10:09 - 0 comments