The German group will sell AirPlus to Sweden's SEB Kort Bank.

The decision comes after the Supreme Court in May cleared his repatriation to Turkey, where he is expected to serve out a drug trafficking sentence.

Stockholm, Sweden -- Sweden's H2 Green Steel company said Wednesday it would supply German car maker Mercedes-Benz with 50,000 tons of steel made without using fossil fuels as of 2025.The two companies also signed an agreement for the potential supply of green steel produced in North America.H2 Green Steel, whose first...

Istanbul, Turkey - NATO chief Jens Stoltenberg on Sunday called on Ankara to drop its opposition to Sweden's bid to join the defense alliance, saying Stockholm has addressed Turkey's security concerns."Sweden has taken significant concrete steps to meet Turkey's concerns," Stoltenberg told reporters after meeting President Recep Tayyip Erdogan. "Sweden has...

Turkey's Recep Tayyip Erdogan has been sworn in for a third term as president, promising to serve "impartially" after winning a runoff election. "As president, I swear upon my honor and integrity, before the great Turkish nation ... to work with all my power to protect the existence and independence...

Turkey and Hungary are the only NATO countries that have yet to ratify Sweden's membership bid. Erdogan, who was re-elected Sunday for another five-year term as Turkey's president, has accused Sweden of being a haven for "terrorists", especially members of the Kurdistan Workers' Party (PKK).

Sharjah, UAE--The Sharjah Publishing City Free Zone (SPC Free Zone) has signed more than 10 partnership agreements with publishers from Sweden, Egypt, and Algeria.The foreign publishers are looking to benefit from SPC Free Zone's comprehensive services and ecosystem that cater to investors in the publishing and creative industries, enabling them...

TEHRAN, IRAN- Iran executed Swedish-Iranian dissident Habib Chaab for "terrorism" on Saturday, according to the judiciary."The death sentence for Habib Chaab... nicknamed Habib Asyud, the head of Harakat al-Nidal terrorist group... was executed today, Saturday morning," the judiciary's Mizan Online website reported.Chaab had been held in Iran since October 2020 after...

The company posted a first quarter operating loss of $172 million.

STOCKHOLM, SWEDEN - EU lawmakers this week adopted new laws boosting Europe's climate change fight, but a parallel drive to protect biodiversity in bills to be finalized before the end of next year looks to be on shakier ground.Negotiations between the European Commission, EU member states and the European Parliament on...

Firm announced that it would slash 8,500 jobs worldwide.

Finland and its neighbour Sweden ended decades of military non-alignment and decided to join NATO last May. Their applications were accepted at a June alliance summit but the bids still needed to be ratified by all the members' parliaments -- a process that stalled with Turkey and Hungary.

Brussels, Belgium - The 27 EU member states approved Monday a deal between Brussels and Germany that lifted Berlin's block on a planned phaseout of sales of new fossil fuel cars by 2035.A spokesman for Sweden, which holds the EU presidency, said ambassadors backed the agreement. Energy ministers are expected to...

Ankara, Turkey--Turkish President Recep Tayyip Erdogan ended months of diplomatically charged delays on Friday and asked parliament to quickly back Finland's bid to join NATO.A simultaneous decision by fellow holdout Hungary to schedule a Finnish ratification vote for March 27 means the US-led defence alliance will likely grow to 31 nations...

TEHRAN, IRAN - Iran's judiciary on Sunday confirmed a death sentence for a Swedish-Iranian dissident for "terrorism" over two years since his disappearance at an airport in Turkey, the judiciary's Mizan Online website reported.Habib Chaab has been held in Iran since October 2020 after he vanished during a visit to Turkey...

A statement from NATO said that "participants welcomed the progress that has been made" on a three-way deal struck last year aimed at satisfying Turkey's complaints. The latest meeting came after Ankara had earlier suspended negotiations in outrage at protests in January that included the burning of the Koran outside...

Turkey said on Monday that NATO accession talks with Sweden and Finland would be held next month, after being postponed in January over a row about protests held in Stockholm. "The meeting will be held on March 9," Turkish Foreign Minister Mevlut Cavusoglu told a news conference in Ankara, alongside...

Most of the layoffs would be implemented in H1 2023.

Revenue climbed by 17 percent to a record US$31.8 billion.

Ankara has been most recently outraged by anti-Islamic protests by a far-right extremist who was allowed to burn the Koran outside the Turkish embassies in Stockholm and Copenhagen.

"Our collective message is that we want to call for calm, for reflection, for calm in the process so that we can return to functioning talks between Sweden, Finland and Turkey on our common NATO membership," Kristersson told a press conference, adding that he wanted a return to "dialogue." Ankara...

Swedish-Danish politician Rasmus Paludan on Saturday torched a copy of the Islamic holy book in front of Turkey's embassy in the Swedish capital, stoking the anger of Ankara which said it would not support the Scandinavian country's bid for NATO membership. Sweden's ambassador to Indonesia, Marina Berg, was summoned as...

Secretary-General of the GCC Dr. Naif Falah Mubarak Al-Hajraf has warned that the act would inflame and provoke Muslims around the world. He said the GCC stood for the importance of spreading the values of tolerance and rejecting extremism.

President Recep Tayyip Erdogan's objections to Sweden's NATO membership rest largely on Stockholm's refusal to extradite Turkish nationals Ankara wants to prosecute for "terrorism".

Istanbul, Turkey--Turkey said on Saturday that it had called off a visit by Sweden's defense minister over a planned anti-Turkey protest in Stockholm."At this point, Swedish Defense Minister Pal Jonson's visit to Turkey on January 27 has lost its significance and meaning, so we cancelled the visit," Turkish Defense Minister...

Most of Turkey's demands have involved Sweden because of its more robust ties with the Kurdish diaspora.

Sweden's Supreme Court cited the risk of Turkey's "persecution based on this person's political beliefs" when it blocked the request on Monday.

Two affiliates of ABB pleaded guilty to bribery charges.

Swedish officials confirmed the September blasts which destroyed sections of the Nord Stream pipelines carrying natural gas from Russia to Germany under the Baltic Sea were acts of sabotage. "The analyses found traces of explosives on several foreign objects" found at the sites, prosecutor Mats Ljungqvist said.

Despite the change in stance in Stockholm, some analysts believe Turkey's presidential and parliamentary elections in June 2023 could delay the Nordic NATO bids.

Ankara has accused the two Nordic nations of providing a safe haven for outlawed Kurdish militants it deems "terrorists" and held back on ratifying their NATO membership despite an agreement in June.

Sweden and Finland dropped decades of military non-alignment and scrambled to become NATO members in May after Russia invaded Ukraine. But Turkish President Recep Tayyip Erdogan threatened to block their bids, seeking concessions.

Retail sales declined in its main markets Europe and the US.

The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored' to place the blame on Russia.

GlobalConnect is a fiber-based data center services provider.

Nir Zicherman, Spotify's Vice President and Global Head of Audiobooks and Gated Content said it's a starting point to expand availability to other markets, and build relationships with publishing houses and expand the selection of titles.

HELSINKI, FINLAND - Activists from environmental group Greenpeace blocked a shipment of Russian gas from unloading at a liquefied natural gas (LNG) terminal in northern Finland, the terminal owner and Greenpeace said. The activists demanded Helsinki stop importing Russian gas after Russia's President Vladimir Putin invaded Ukraine more than six...

Faced with a winter without the energy supplies from Russia, Sweden has turned to Nordic and Baltic energy companies promising them liquidity guarantees worth billions of dollars. It is an attempt to prevent a crisis sparked by Europe’s energy crunch, leading Swedish PM to say that it was facing the...

Iran said it had arrested a Swedish national on allegations of espionage, while Sweden's foreign ministry said the case related to an arrest previously revealed in May.

Sweden's charge d'affaires in Turkey was summoned at the weekend to explain the use of what Ankara alleges is "terrorist propaganda" in support of Kurdish militants, a diplomatic source said.

The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of news cameras.

Turkey said Wednesday it would seek the extradition of 33 "terror" suspects from Sweden and Finland under a deal that paved the way for Ankara to back the Nordic countries' NATO membership bids.

President Recep Tayyip Erdogan on Saturday said Turkey would not look "positively" on Sweden and Finland's NATO bids unless its terror-related concerns were addressed, despite broad support from other allies including the United States.

The United States gave its full support Wednesday for Sweden and Finland's bids to join NATO, promising to stand by them if threatened by Russia and pressing Turkey to not block their membership. Hours after the two Nordic countries formally submitted their applications to enter the Atlantic alliance, President Joe...

The Finnish government is expected to officially announce its intention to join NATO on Sunday, as Sweden's ruling party holds a decisive meeting that could pave the way for a joint application. Less than three months after Russia's February 24 invasion of Ukraine, the two Nordic neighbors look poised to...

President Recep Tayyip Erdogan on Friday said Turkey did not have a “positive opinion” on Finland and Sweden joining NATO, throwing up a potential obstacle for the nations’ membership bid. Erdogan accused both countries of harboring “terrorist organizations” in his unfavorable assessment of the membership bids.

Europe pledged another half billion dollars in military support for Kyiv on Friday as Sweden and Finland's moves toward joining NATO hit multiple hurdles. Moscow said it would cut off electricity to Helsinki, and the president of Turkey expressed opposition to the Scandinavian countries becoming part of NATO.

Once a country has decided to apply for NATO membership, the 30 members of the alliance must agree unanimously to extend a formal invitation, which is followed by membership negotiations. Finnish Foreign Minister Pekka Haavisto has said his country Finland could become a full member of NATO by October.

Iran said it had summoned Sweden's ambassador following a request by prosecutors in the Nordic country for life imprisonment for a former Iranian official.

UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation.