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Minesto slashes costs, closes Wales office in major reorganization

Minesto slashes costs, closes Wales office in major reorganization

Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter...

Tesla sales in Denmark and Sweden drop for sixth month in a row

Tesla sales in Denmark and Sweden drop for sixth month in a row

June saw the sales of Teslas in Denmark and Sweden drop for the sixth consecutive month, due to a decline in Elon Musk’s popularity. The sales of Tesla vehicles in Denmark decreased by 61.6%, with the Tesla Model Y’s sales dropping to 31.2%...

Small Satellites Market Research And Technology Forecast Report 2025-2033  Democratizing Space Access For Both Established Players And Emerging Market Entrants

Small Satellites Market Research And Technology Forecast Report 2025-2033 Democratizing Space Access For Both Established Players And Emerging Market Entrants

(MENAFN- GlobeNewsWire - Nasdaq) Explore the dynamic growth of the small satellite industry-democratizing space access for commercial and government sectors. This comprehensive report offers insights into market trends, technological innovations,...

Saab receives order for additional CB 90 assault craft for Sweden

Saab receives order for additional CB 90 assault craft for Sweden

Powered by twin Scania DI16 V8 diesels, the Stridsbåt 90HSM is capable of achieving speeds exceeding 40 kt. (Saab) The Swedish Defence Material Administration (Försvarets materielverk: FMV) has awarded a contract to Saab for the supply of...

Europe looks to Nordic Space Race to reduce US dependence

Europe looks to Nordic Space Race to reduce US dependence

Two small spaceports located in the far north of Sweden, Norway and Finland are rushing to launch the very first satellites launched from Europe. The region is looking to reduce its dependence on U.S. companies. The "America First" policies of...

The Leaders’ Room: Enabling leadership with Ericsson’s Denis Dullea

The Leaders’ Room: Enabling leadership with Ericsson’s Denis Dullea

The latest episode of The Leaders’ Room features Denis Dullea, head of network management engineering at Ericsson and R&D site lead in Athlone. This series is created in partnership with IDA Ireland. In season three of The Leaders’ Room podcast,...

The potential inflection point for the European battery industry

The potential inflection point for the European battery industry

Europe has long since run out of domestically produced batteries. According to data by Fraunhofer ISI, the continent accounts for 25% of global battery demand, despite accounting for just 10% of global production. As of 2023, 80% of this demand...

Stanford-led team shares honor for ‘revolutionizing’ study of high-energy cosmic phenomena

Stanford-led team shares honor for ‘revolutionizing’ study of high-energy cosmic phenomena

The universe looks different when seen through NASA’s Fermi Gamma-ray Space Telescope. Where the human eye sees deep black space with twinkling stars, Fermi shows a blazing strip of gamma rays, the highest-energy form of light, extending across...

Europe Eyes Nordic Space Race To Reduce Reliance On US

Europe Eyes Nordic Space Race To Reduce Reliance On US

Two small spaceports in northern Sweden and Norway are competing to launch mainland Europe’s first satellites, as the region seeks to scale back its dependence on U.S. space providers. U.S. President Donald Trump’s “America First” policies and the...

New radio station begins broadcasting from Stockholm public sauna

New radio station begins broadcasting from Stockholm public sauna

A new radio station has launched within a public sauna in Stockholm. Sauna Radio began broadcasting on Saturday (July 5) from Eden Bastun, near Lake Mälaren; the radio's "floating deck" booth is set close to one of the venue's saunas, with a...

The US Military Emits More CO2 Than Sweden. But A Slight Budget Cut Could Have an Oversized Positive Effect

The US Military Emits More CO2 Than Sweden. But A Slight Budget Cut Could Have an Oversized Positive Effect

When it comes to climate change impact, few institutions have cast a longer and heavier shadow than the United States military. Its footprint extends far beyond geopolitical frontiers, reaching into the very atmosphere that sustains us. Now, a new...

EU supercharges EV battery manufacturing with €852m funding

EU supercharges EV battery manufacturing with €852m funding

This landmark investment, sourced from the EU’s Emissions Trading System via the Innovation Fund, marks a major step in Europe’s push to become a global leader in EV battery production. As demand for electric vehicles surges and the world shifts...

Polestar's quarterly EV sales jump as offers attract more buyers

Polestar's quarterly EV sales jump as offers attract more buyers

(Reuters) -Polestar reported a surge in second-quarter sales on Thursday, as offers and discounts helped boost sales in its home market of Europe amid a challenging macroeconomic environment. The Sweden-based company sold an estimated 18,049...

H&M adopts bodycam strategy amid industry trend to reduce retail shrinkage

H&M adopts bodycam strategy amid industry trend to reduce retail shrinkage

Image Courtesy: https://www.retailgazette.co.uk/ In an attempt to combat the rising rates of stealing and violent attacks on employees, H&M is the most recent retailer in the UK to provide body cameras to its employees. In response to mounting...

European spending drops as trade tensions hit consumer wallets

European spending drops as trade tensions hit consumer wallets

Published on 07/07/2025 - 11:44 GMT+2 Retail sales in the eurozone fell at their steepest monthly rate in nearly two years in May, as growing uncertainty over US trade tariffs weighed on consumer sentiment and curbed spending. According to first...

MOTORING REVIEW: Volvo’s 7-seater XC90 is sublime, but costly

MOTORING REVIEW: Volvo’s 7-seater XC90 is sublime, but costly

VOLVO'S XC90 is a mid-size luxury SUV manufactured by Volvo since 2002 when it marked the brand’s entry into the SUV market. Still in its second generation, the model received a facelift mid-last year. Volvo Cars has already sold 1,251 cars here...

August rate cut may be off the table with Sweden’s inflation surge to 2.9%

August rate cut may be off the table with Sweden’s inflation surge to 2.9%

Sweden’s inflation rate climbed to 2.9%, past analyst expectations, leading many to doubt whether the central bank will move forward with its anticipated August rate cut. In May, the country’s CPIF was 2.3%; thus, many analysts’ forecasts ranged...

The new Volvo ES90: a big electric car with a small carbon footprint

With the new and fully electric ES90, which starts production later this summer and is produced with climate-neutral energy, Volvo Cars launches a car designed with sustainability in mind With the new and fully electric ES90, which starts...

World Associated Press Underwater turbine spinning for 6 years off Scotland's coast is a breakthrough for tidal energy

World Associated Press Underwater turbine spinning for 6 years off Scotland's coast is a breakthrough for tidal energy

Submerged in about 40 meters (44 yards) of water off Scotland's coast, a turbine has been spinning for more than six years to harness the power of ocean tides for electricity — a durability mark that demonstrates the technology's commercial...

Alma and Rexbo Acquire Light Industrial Properties in Greater Stockholm

Alma and Rexbo Acquire Light Industrial Properties in Greater Stockholm

Alma Property Partners and Rexbo Gröna Industrihus have acquired three light industrial property assets within the Länna industrial area of Stockholm’s Huddinge municipality in two separate transactions. Huddinge Fräsen 6 & 7 and Huddinge...

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