Sweden News

Stockholm - Swedish ball bearing manufacturer SKF, a barometer of global manufacturing, returned to profit in the first quarter of 2014, the company said on Tuesday citing rising sales.

Stockholm - Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday.

Frankfurt - German heavy industry giant ThyssenKrupp said on Monday it is in talks with Saab of Sweden over the sale of its Swedish shipywards business.

Frankfurt - Volkswagen, Europe's biggest carmaker, said Friday it will not increase its offer for truck manufacturer Scania after the Swedish group dismissed the bid.

Stockholm - Sweden boasts one of Europe's lowest consumption of recreational drugs, but the same strict policy authorities consider key to success could also be pushing up the number of drug-related deaths.

Gothenburg - In hopes that it will cut down on sick leave, boost efficiency, and ultimately save Sweden money, municipal staff in Gothenburg will experiment with six-hour full-pay workdays.

Stockholm - Volvo on Monday said it had suspended a project to build an armoured infantry fighting vehicle with a Russian company due to uncertainty over the Ukraine crisis.

Stockholm - Swedish industrial firm Alfa Laval announced on Monday the acquisition of a Norwegian underwater pump maker Frank Mohn, citing big opportunities in the offshore oil and gas sector.

Paris - Renault Trucks Defense said Wednesday its project to develop an armoured infantry fighting vehicle together with a Russian manufacturer is on hold due to the Ukraine crisis.

A family in Sweden were left terrified when the trap they had set did not immediately kill a monstrous 16-inch rat that was running around their kitchen.