IKEA eyes quicker expansion in India as it readies for first store launch in Hyderabad tomorrow
• 7 years agoIKEA plans to open retail stores in over 40 cities across the country
British data prompts global bond selloff; U.S. stocks flat | Reuters
• 8 years agoBy Hilary Russ | NEW YORK NEW YORK Strong growth data out of Britain prompted the worst daily selloff in gilts for months and pushed yields on the world's benchmark bonds higher on Thursday, as expectations eased for a Bank of England interest rate cut.In the U.S., stock market losses led by Comcast and consumer discretionary stocks were offset by gains in the healthcare sector, while European stocks slid and the U.S. dollar hit highs against the Swedish crown and Japanese yen
'Greatest living poet' Bob Dylan wins Nobel literature prize | Reuters
• 8 years agoBy Alistair Scrutton and Scott Malone | STOCKHOLM/BOSTON STOCKHOLM/BOSTON Bob Dylan, regarded as the voice of a generation for his songs from the 1960s onward, has won the Nobel Prize for Literature in a surprise decision that made him the only singer-songwriter to win the award.The 75-year-old Dylan, who won the prize for "having created new poetic expressions within the great American song tradition," finds himself in the company of Winston Churchill, Thomas Mann and Rudyard Kipling as Nobel literature laureates.Awarding the 8 million Swedish crown ($928,000) prize, the Swedish Academy said: "Dylan has the status of an icon. His influence on contemporary music is profound." The announcement was met with gasps in Stockholm's stately Royal Academy hall, followed by some laughter.Dylan's songs, such as "Blowin' in the Wind", "The Times They Are a-Changin'", "Subterranean Homesick Blues" and "Like a Rolling Stone" captured the spirit of a generation's rebellion, dissent and independence. More than 50 years later, Dylan is still writing songs and almost continuously on tour, performing his lyrics in a sometimes rasping voice that has been ridiculed by detractors.For many, his lyrics have resonated for decades."Blowin' in the Wind", written in 1962, was considered one of the most eloquent folk songs of all time.
Ericsson unveils new solutions to improve mobile broadband access
Fp Archives • 8 years agoSwedish communication technology firm Ericsson on Tuesday unveiled new solutions to bring mobile broadband coverage to people who are under-served or are without mobile broadband access.
Scientists find Earth-like planet circling sun's nearest neighbor | Reuters
• 9 years ago
Turkish tanks roll into Syria, pushing Islamic State out of key border town | Reuters
• 9 years ago
Ericsson push CEO out over lack of returns
Fp Archives • 9 years agoSwedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results.
New tool measures mobile apps' energy efficiency
Fp Archives • 9 years agoA Swedish scientist has developed a new tool that measures and calculates how much energy is consumed by gadgets when connecting to the internet to use apps and games, a media report said.
Sweden's supreme court upholds Julian Assange's detention order
Fp Archives • 10 years agoSweden's highest court on Monday rejected WikiLeaks founder Julian Assange's appeal of a pre-trial detention order in a nearly five-year-old investigation of alleged sex crimes.
Insight - Baltic military shadow-boxing said to reach Cold War levels | Reuters
Fp Archives • 10 years agoVISBY FORWARD OPERATING BASE, Sweden (Reuters) - A daily game of Cold War cat-and-mouse is ratcheting up tensions in the Baltic and drawing the biggest military presence into the region for over 20 years, Swedish military officials say.