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Page 65 - Indg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Medical gear maker Getinge s profit rises as demand recovers

Swedish medical equipment maker Getinge reported on Wednesday an unexpected rise in first-quarter operating profit as demand for some equipment picked up from the pandemic and component shortages eased.

LG Energy Solution Q1 profit more than doubles on U S gains

South Korea's LG Energy Solution said on Wednesday quarterly profit more than doubled, as the battery maker benefited from subsidies from the U.S. Inflation Reduction Act and solid U.S. sales of electric vehicles.

Saab profits, orders, swell as countries buy military gear

Swedish defence equipment maker Saab's Q1 results beat forecasts as countries continued to stock up on surveillance gear and weapons because of the war in Ukraine.

US business spending on equipment weakening as demand for goods slows

New orders for key U.S.-manufactured capital goods fell more than expected in March and shipments declined, suggesting that business spending on equipment likely remained a drag on economic growth in the first quarter.

Power outages hit Nordic electricity system

The Nordic electricity power system was disrupted early on Wednesday, and two Swedish nuclear power reactors were disconnected, Finnish grid operator Fingrid and its Swedish counterpart said.

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