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Esha Vaish

UPDATE 2-Airbag maker Autoliv revs up cost cuts to counter car market slump

19 Jul 2019

* Sees FY adj operating margin 9.0%-9.5% vs about 10.5% previously

Volvo Cars to cut costs as trade war dents profits

18 Jul 2019

STOCKHOLM Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

UPDATE 2-Volvo Cars to cut costs as trade war dents profits

18 Jul 2019

STOCKHOLM, July 18 Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

Truckmaker Volvo lifts market view, picks Samsung for batteries

18 Jul 2019

STOCKHOLM Sweden's AB Volvo raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit estimates.

REFILE-UPDATE 1-Volvo Cars to cut costs as trade war dents profits

18 Jul 2019

STOCKHOLM, July 18 Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

Swedbank cuts dividend amid money laundering fallout

17 Jul 2019

STOCKHOLM Swedbank will cut the amount of dividends it pays from profits and has set new targets to strengthen its capital as the bank faces fallout from a Baltic money laundering scandal.

UPDATE 3-Swedbank cuts dividend amid money laundering fallout

17 Jul 2019

* Bank faces fallout from money laundering scandal in Baltics

Climate change prompts Nordea fund to make its biggest investment shift

11 Jul 2019

STOCKHOLM Nordea's Swedish pension fund moved 22 billion Swedish crowns ($2.34 billion) into investments with a lower carbon footprint and strict sustainability criteria in the first half of the year, saying the move was its biggest asset shift.

Volvo solves autonomous revenue riddle with package deals

10 Jul 2019

STOCKHOLM Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.

E-scooters put Swedish start-up on road to positive cashflow

08 Jul 2019

STOCKHOLM Growing numbers of young people whizzing around Europe's big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow.

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