Swedish court ordered Google to pay about $1.5 billion to Price Runner, a price comparison company owned by Klarna. The amount relates to compensation for breach of antitrust legislation. Compensation, about 14.3 billion in Swedish krones, comes amid increasing control of American technology companies in Europe. This is the largest amount of compensation it has [...]
The historic Swedish car industry seems to be finally reaching the end of its route, with its latest models being sold and two of them ending up in the hands of the same man. Saab has been one of Europe's most iconic brands for decades, operating essentially as Volvo's rival awe in Nordic [...]
From now on, no one will be able to buy a new Swedish brand, as the last cars of the once-strong car industry were sold. The previously particularly popular Swedish car brand has now dropped final end titles, following the announcement that the last new cars kept at the plant [...]
Within a short time, one of Europe's most ambitious industrial projects was led to collapse leaving behind losses of more than 10 billion euros and serious questions about the continent's strategy. One of the largest industrial ventures that have started in Europe in recent years has now led to a clear economic failure, as [...]
