SWEDEN

IBTimes Logo

Volvo shares sink on 2Q profit drop

Volvo AB shares dropped 7 percent on Wednesday after the truck maker said second-quarter net profit fell 14 percent as the North American truck market continued to drag on the firm’s otherwise strong demand in Europe and Asia.

Bharti Airtel, Ericsson ink $2 billion network deal

IBTimes Logo
India's largest private mobile services provider, Bharti Airtel, and Sweden's Ericsson have inked a $2 billion, two-year deal whereby the latter will help Bharti expand its telecom network as it looks to push into new rural markets.
More news
IBTimes Logo

EA Acquires Battlefield Creator

Electronic Arts, the world largest video game developer, announced the acquisition the creators of the Battlefield franchise on Monday, vowing to expand the franchise to next-generation consoles and platforms.
IBTimes Logo

Aegis wins General Motors account

Aegis Group has won the pan European media buying and planning account for General Motors, the world's second largest spender on advertising behind Procter & Gamble
IBTimes Logo

U.S. drops to 6th in world competitiveness ranking

The United States fell to sixth place in the World Economic Forum's 2006 global competitiveness rankings, ceding the top place to Switzerland, as macroeconomic concerns eroded prospects for the world's largest economy.
IBTimes Logo

MAN to make Scania bid more attractive: WSJ

Germany's MAN AG is planning a more attractive bid to win over resistant shareholders of Swedish truckmaker Scania, the Wall Street Journal on Friday quoted MAN Chief Executive Hakan Samuelsson as saying.
IBTimes Logo

OMX to Buy Icelandic Bourse

Nordic and Baltic stock exchange operator OMX AB said Tuesday it will buy the Icelandic bourse in a deal worth about 250 million kronor.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.