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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. ....
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. ....
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. ....
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. ....
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. ....