Mobile network gear maker Ericsson said it had detected signs of improvement after posting a steeper than expected quarterly loss on Friday, helping send its languishing shares up as much as 5 percent.
Once the world’s top maker of mobile network equipment, Sweden’s Ericsson faces a declining market for older network 2G, 3G and 4G gear while needing to stepRead more
Spotify said Monday that it had 60 million paying subscribers, expanding its lead in the fast-growing world of music streaming.
The Swedish company has more than double the base of nearest competitor Apple Music, which in early June said it had 27 million subscribers.
Apple Music, however, achieved its growth rapidly as it was launched only two years ago byRead more
The Cairo Airport Company (CAC) signed Thursday a free market contract with a Swedish company represented by Miguel Angel Martinez.
The Chairman of the CAC Mohamed Saed said that the Swedish company won the public auction where many firms were competing.
The contract stipulates that the Swedish firm will benefit from 3.000 square meters of the passengers building numbers twoRead more