-
Tesla Sales Drop In Europe In February, Some Countries Down Over 40%: Is Musk's Political Push Hurting EV Company?
Tuesday, March 4, 2025 - 6:06pm | 755Tesla Inc (NASDAQ:TSLA) sales continue to drop in Europe in 2025 with the latest figures indicating the brand could be hurting from CEO Elon Musk's political push and calls for boycotts of the brand. What Happened: Musk has gotten increasingly involved with politics in the United States with a role...
-
Mpox Variant Sparks Global Concern As Europe, China Ramp Up Screening
Monday, August 19, 2024 - 2:26pm | 691Authorities in Europe and China are expediting screening for a deadly new version of mpox that has spread across regions of Africa and has been found in Europe. The European Center for Disease Prevention and Control on Friday raised its risk assessment for mpox and forecasted more imported cases...
-
Embracer Group Reports 24% Sales Decline In Q1 2024
Thursday, August 15, 2024 - 2:01pm | 513Embracer Group AB (OTC:THQQF) released its financial results for the first quarter of its 2024 fiscal year, revealing a 24% year-on-year decline in net sales, amounting to $754 million (7.9 billion SEK). Q1 2024 Financial Breakdown: Key Insights And Revenue Trends The first quarter of 2024...
-
BlackRock-Backed Swedish Fintech Startup Keeps IPO Plans At Bay Despite 51% Jump In Profit: Here's Why
Thursday, May 30, 2024 - 7:12am | 505Trustly, a Swedish fintech firm backed by BlackRock Inc. (NYSE:BLK) has reported a 51% increase in operating profit for 2023. Despite this, CEO Johan Tjarnberg stated that an IPO is at least two years away. What Happened: Trustly’s revenue for 2023 reached $265 million, with significant...
-
Embracer Group's Shares Soar After Split Announcement: Strategic Restructuring Unveiled
Monday, April 22, 2024 - 1:23pm | 504Embracer Group AB (OTC:THQQF), the Swedish gaming conglomerate, is undergoing a split into three distinct companies: Asmodee Group, Coffee Stain & Friends and Middle-earth Enterprises & Friends. Shares of the company known for owning rights to popular franchises like Tomb Raider and The...
-
Poland Urges NATO To Increase Defense Spending Amid Fears Of Russian Aggression: 'The Alarm Bells Are Ringing'
Tuesday, March 19, 2024 - 4:45am | 684Polish President Andrzej Duda has called for an urgent increase in NATO’s defense spending, citing fears of a potential Russian attack on the alliance within the next few years. What Happened: Duda emphasized the need for NATO members to raise their military contributions to 3% of their gross...
-
Sweden Joins NATO As Hungary Removes Final Barrier For Ratification—What It Means For Russia And The War In Ukraine
Thursday, March 7, 2024 - 2:17pm | 886Sweden joins NATO after 200 years of neutrality, propelled by Russian aggression in Ukraine. Hungary's ratification lifted last hurdle. After almost two years of uncertainty, Sweden officially became a NATO member on Thursday. The Nordic nation now joins 29 other European members who conform to...
-
Sweden Inches Closer To NATO Membership With Hungary's Nod Amid Ukraine Crisis
Tuesday, February 27, 2024 - 7:54am | 591With Hungary’s endorsement, the Swedish government’s aspiration to join the North Atlantic Treaty Organization (NATO) has taken a significant step forward as the geopolitical landscape shifts due to Russia’s invasion of Ukraine. What Happened: On Monday, Hungary’s parliament...
-
Turkey Re-Enters NATO's Good Books: US Approves Long-Delayed $23B F-16 Fighter Jets Sale
Wednesday, February 21, 2024 - 5:00am | 700Turkey has been welcomed back into NATO’s good graces, and the U.S. has given the green light for a long-delayed $23 billion sale of F-16 fighter jets. What Happened: The decision to allow Sweden into NATO in late January, which required unanimous approval by all 31 members of the alliance,...
-
US Ambassador Expects Rapid F-16s Sale To Turkey As Soon As Sweden Receives Formal NATO Membership
Thursday, January 25, 2024 - 7:26am | 580In a recent development, the U.S. Ambassador to Turkey, Jeff Flake, has indicated that the final approval for Sweden’s NATO membership is imminent. This is expected to trigger the U.S. Congress’ endorsement of a substantial F-16 fighter jet sale to Turkey. What Happened: Ambassador...
-
Tesla's Swedish Union Opponent Steps Down; Unexpected Move Catches Many Off Guard
Wednesday, January 24, 2024 - 9:05pm | 564Susanna Gideonsson, Chairperson of the Swedish Trade Union Confederation (LO), who had reportedly shown willingness to expel Tesla Inc. (NASDAQ:TSLA) from Sweden, has announced her resignation. What Happened: Gideonsson’s decision to step down comes amidst an ongoing conflict with Tesla over...
-
Turkey Ratifies Sweden's NATO Membership After 20-Month Delay, Aiding Western Alliance Against Russia
Wednesday, January 24, 2024 - 3:57am | 616In a significant development, Turkey’s parliament has finally ratified Sweden’s NATO membership bid, a move that could potentially strengthen the Western military alliance against Russia. What Happened: The Turkish parliament voted 287-55 on Tuesday to approve Sweden’s application...
-
Swedish Union Striking Against Tesla Says Standoff Could End If EV Giant Follows Amazon's Playbook
Friday, January 5, 2024 - 5:18am | 667A potential breakthrough might be in sight for the ongoing strike against Tesla Inc. (NASDAQ:TSLA) in Sweden, as the IF Metall union proposed a compromise, signaling a possible end to the dispute that has been going on for nearly three months. What Happened: A report from media outlet Dagens...
-
Tesla Hits 20K+ Registrations In Sweden As Ongoing Workers' Strike Nears 2 Months
Sunday, December 24, 2023 - 1:49pm | 484EV giant Tesla Inc (NASDAQ:TSLA) said on Sunday that over 20k of its cars have been registered in Sweden this year even as ongoing workers’ strikes seem to threaten its operations in the country. What Happened: “Over 20k cars registered this year so far—thank you to our team &...
-
Tesla Hunts For Nordic Public Policy Ace As Swedish Strike Tests EV Giant's Resolve
Thursday, December 21, 2023 - 7:08am | 471EV giant Tesla Inc (NASDAQ:TSLA) is actively seeking candidates for the positions of Nordic Public Policy Manager and Business Manager based in Stockholm amid an escalating workers’ strike against the company in Sweden. What Happened: As indicated by a job posting on...