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Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter.

Lithuania
Stockholm
Sweden
Swedish
Sherry-jacob-phillips
Jacqueline-wong
Niklas-pollard
Jens-henriksson
Swedbank
Reuters
Jp-morgan
Thomson-reuters-trust-principles

Factbox: Corporate debt woes are on the rise

From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates.

United-kingdom
Spain
London
City-of
Czech-republic
France
Barcelona
Comunidad-autonoma-de-cataluna
Sweden
Britain
Swedish
Czech

Denmark looking to contribute to Amazon Fund, Brazil says

Brazilian President Luiz Inacio Lula da Silva said on Tuesday that Danish Prime Minister Mette Frederiksen has told him that her country wants to contribute to the Amazon Fund, a Brazil-led initiative aimed at fighting deforestation.

Brussels
Bruxelles-capitale
Belgium
Norway
Brazil
France
United-kingdom
Spain
Denmark
Germany
British
Danish

Ericsson's operating profit down in Q2 results

Finland's Nokia cut its annual outlook on Friday and Swedish rival Ericsson delivered second-quarter results slightly above expectations, as a slowdown in consumer spending hit sales of telecom gear.

London
City-of
United-kingdom
Sweden
Swedish
Martin-coulter
Tom-hogue
Ericsson
Thomson-reuters-trust-principles
Reuters
Thomson-reuters-trust
Bact

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