Sweden's Wallenberg groups launch joint AI company

STOCKHOLM, Aug 22 (Reuters) - AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments will jointly launch an artificial intelligence company to develop advanced AI infrastructure for Swedish companies, Wallenberg said on Friday. The company,...

Sweden's Wallenberg groups launch joint AI company

STOCKHOLM (Reuters) -AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments will jointly launch an artificial intelligence company to develop advanced AI infrastructure for Swedish companies, Wallenberg said on Friday. The company, Sferical...

Swedish, EU Ambassadors Urge Liberia to Support Office of War and Economic Crimes Court

Monrovia – Two key members of the international community have called on the Liberian government to take concrete steps in supporting the functioning of the Office of the War and Economic Crimes Court (OWECC), that will lead to the establishment...

Sweden's Vattenfall to choose GE Vernova or Rolls-Royce to build SMR nuclear reactors

vchal/iStock via Getty ImagesSwedish utility Vattenfall said Thursday it narrowed its choice of suppliers for a series of small modular nuclear reactors to GE Vernova (NYSE:GEV) and Rolls-Royce (OTCPK:RYCEY) (OTCPK:RYCEF). Vattenfall said it is...

Beloved Swedish church moved to new home

KIRUNA, Sweden (AP) — How do you move one of Sweden's most beloved wooden churches down the road? With a little engineering, a lot of prayer — and some Eurovision for good luck. The Kiruna Church — called Kiruna Kyrka in Swedish — is being moved...

See how a 741-ton church inched 3 miles across its Swedish city after a dramatic 2-day trek

A 113-year-old wooden church in Sweden successfully reached holy ground after a dramatic two-day trek. Incredible photos of the slow-going house of worship, jacked up and placed atop a specially built trailer, were shared across the world on...

H&M & IKEA sign robotics pact with Sweden’s Rebl Industries

Rebl Industries, a Swedish robotics company, has signed significant framework agreements with global fashion and design companies H&M and IKEA Svenska AB to deploy its next-generation robots-as-a-service (RaaS) solutions. H&M and IKEA have signed...

Azets acquires parts of KPMG’s audit and advisory business in Sweden

UK-based professional services firm Azets has completed the acquisition of parts of KPMG’s business in Sweden, focused on services to small and mid-sized businesses and government clients. The deal, which was announced in February 2025, includes...

Tallink denies dangerous incident on board Stockholm-Helsinki ferry, Yle photos suggest otherwise

The unexpected listing of the Tallink Silja Serenade caused a seemingly dangerous situation near the Åland Islands at about 12:50am on Wednesday morning. Yle has obtained photos from the aftermath of the incident, which happened as the vessel...

Allcargo opens 1.5 lakh sq ft warehouse for Swedish firm in Bengaluru

Allcargo Logistics Limited has launched a 1.5 lakh sq. ft. built-to-suit Grade A warehouse for a Swedish electrification company at Alur in Nelamangala near Bengaluru. The facility, developed under Allcargo Supply Chain Private Limited (ASCPL),...

Scotland's plunging coefficient faces threat from Sweden as Champions League abyss awaits

It's been a tough week for Scottish football as our plunging coefficient took a beating after some ropey European results. Celtic's reluctance to sign players could prove costly after Brendan Rodgers' side could only muster a goalless stalemate at...

Iconic Kiruna Church gets relocated in Sweden

The iconic Kiruna Church in Sweden has been relocated 5 kilometres to the city’s centre after a two-day journey to its new site. The 113-year-old church was lifted onto a convoy of remote-controlled flatbed trailers and moved at a speed of half a...

Sweden to host NATO logistics hub for troop movements in northern Europe

Sweden will host a North Atlantic Treaty Organization (NATO) logistics hub in the town of Enkoping to coordinate troop movements across northern Europe and from North America, the Swedish government announced on Thursday, reported Xinhua. The...

NATO to Establish Logistics Base in Sweden

Sweden will host a NATO logistics headquarters in the town of Enkoping, northwest of Stockholm, to troop movements in Northern Europe, the government said Thursday. “NATO presence in Sweden strengthens our security and deterrence. The logistics...

Swedish startup unveils Starlink alternative — that Musk can’t switch off

A new pocket-sized Starlink alternative promises secure military communications — safe from interference by billionaire CEOs. The system, named the RU1, was unveiled today by Swedish startup TERASi. It’s billed as the world’s smallest and lightest...

GE Vernova: a frontrunner, alongside Rolls-Royce, for Sweden's Vattenfall's nuclear project

Swedish state-owned electricity company Vattenfall announced on Thursday that it had selected US company GE Vernova and British company Rolls-Royce as finalists in the selection process for the supplier of its future nuclear reactors, thus...

Sweden picks mini-reactors for first nuclear expansion in 50 years

STOCKHOLM - Sweden said on Aug 21 that it had selected so-called small modular nuclear reactors (SMRs) for its first nuclear power expansion in a half-century. The government said three or five of the next-generation reactors would be built at the...

Nato to set up logistics base in Sweden: govt

Sweden will host a Nato logistics headquarters in the town of Enkoping, northwest of Stockholm, to support troop movements in Northern Europe, the government said yesterday. "Nato presence in Sweden strengthens our security and deterrence. The...

Sweden picks mini-reactor tech for first nuclear expansion in 50 years: PM

Sweden picks mini-reactor tech for first nuclear expansion in 50 years: PM Collected photo STOCKHOLM, Aug 21, 2025 (BSS/AFP) - Sweden said Thursday that it had selected so-called small modular nuclear reactors (SMRs) for its first nuclear...

Sweden Central Bank Stands Pat, But Says It Could Cut Again This Year