Page 11 - Sweden

India among top priority markets: Swedish beauty brand Oriflame

India is among one of the "priority markets" for the direct selling Swedish beauty brand Oriflame, where it expects to continue its double-digit growth over the next 3-5 years, a top company official has said. The company which sells cosmetic and wellness products in India also expects a double-digit growth in its sales force, adding more direct sellers in the coming years. Amid the COVID-19 pandemic, Oriflame has witnessed an upswing in the wellness products business, contributing to around 20 per cent of its India business from the earlier 4 per cent, and expects this trend to continue with some minor corrections. "We have an expectation to continue the double-digit growth over next 3-5 years and I do not see it as a huge challenge," Frederic Widell, Vice President & Head of South Asia & MD, Oriflame India, told PTI. The company will continue to grow here for the next decades because of the growing population and would continue to invest in India and build the business, he ..

World Bank's Ukraine loan disbursement grows to 460 million euros: Report

A World Bank emergency cash disbursement to Ukraine will grow to 460 million euros ($509 million) with contributions from Sweden and the Netherlands, and will be submitted for board approval on Friday

Neutral Finland, Sweden warm to idea of NATO membership

Through the Cold War and the decades since, nothing could persuade Finns and Swedes that they would be better off joining NATO until now.

Corona Commission Report criticises Sweden's coronavirus response

The Swedish government's response to the coronavirus (Covid-19) pandemic was too slow and characterised by a lack of leadership, according to a report released by the independent Corona Commission.

Situation around Ukraine does not change Sweden's stance on joining NATO

The situation around Ukraine did not affect Sweden's position regarding joining NATO, and Stockholm is not seeking to become a member, the Swedish state secretary to PM, Karin Wallensteen, said.

Sweden extends coronavirus restrictions; Danes likely to end them

Sweden has ordered cafes, bars and restaurants to close at 11 p.m. and urged people to work from home when possible

Looking forward to rollout of India's national retail policy: IKEA

In its Budget wishlist, IKEA India also called for reduction of GST rates "on products that are basic to life at home"

Sweden reports inflation of 3.6% in November, highest in 28 years

Sweden's inflation rose to 3.6 per cent in November, up from 3.1 per cent in October. This is the country's highest inflation since 1993, Statistics Sweden said in a statement.

Sweden's first female PM elected for second time in a week

Magdalena Andersson has been reappointed Prime Minister, less than a week after she resigned within hours of taking the job.According to Aljazeera, Magdalene Anderson became Prime Minister and resigned a day later, after her budget was rejected in favour of one proposed by the opposition, which included a far-right party, and her coalition partners quit.Earlier, Magdalena Andersson, leader of the centre-left Social Democratic Party, became the country's first female prime minister following the elections and her historic term lasted about seven hours."According to constitutional practice, a coalition government should resign if one party leaves the government," she said. "For me, it is about respect, but I also do not want to lead a government where there may be grounds to question its legitimacy," she said in her Facebook account.However, it's expected that Andersson will govern Sweden's weakest governments in recent decades. Further, Anderson's budget will be formulated by three ...

Swedish Parliament to vote on Andersson again on Monday after resignation

The Swedish parliament will decide on Monday whether Social Democratic Party leader Magdalena Andersson should become the nation's first female prime minister after the first vote ended in a flop

Sweden's first female PM Magdalena Andersson quits hours after appointment

Shortly after Social Democrat leader Magdalena Andersson was elected by Parliament as Sweden's first female Prime Minister, she tendered her resignation

Sweden appoints finance chief as first female prime minister

Andersson, who has been finance minister since 2014, still faces a fragmented legislature

Stefan Lofven steps down, paving way for Sweden's first female PM

Lofven stepped down Wednesday as Sweden's prime minister

Truecaller revenue more than doubles in first post-IPO earnings report

Truecaller's revenue rose to 312.8 million Swedish crowns ($36.48 million) from 136.5 million crowns a year earlier

Ericsson profit beats expectations on 5G demand despite China setback

Sweden's Ericsson reported third-quarter core earnings above market estimates on Tuesday

Sweden, Denmark halt Moderna's Covid-19 vaccine shot for younger people

The Swedish health authority Wednesday cited new data on the increased risk of heart inflammation as a reason for the pause for those aged 30 and under

US women's soccer regroups after stunning loss to Sweden

While it certainly wasn't the Olympic start the U.S. women's soccer team had anticipated, a rare loss didn't skewer the squad's hopes for gold. The United States fell to Sweden 3-0 Wednesday night in the team's opener in Tokyo, snapping a 44-match unbeaten streak. It was a surprising result for the favorites in the field. In fact, it may have lit a fire. Defender Tierna Davidson said Thursday that veteran Kelley O'Hara was rallying the squad ahead of Saturday's match against New Zealand. "She was like: 'We don't have a choice. We have to come out the next game and we have to be absolutely ruthless.'" Davidson said. "So I think that's what everyone has on their mind right now." There's still a good chance that the world's top ranked team makes it to the knockout round and even a medal match. At the 2008 Beijing Olympics, the United States fell 2-0 to Norway in the first match, then went on to win gold a fact U.S. forward Christen Press pointed to after the game. "We've had a lo

Sweden stuns US 3-0 in women's soccer at Tokyo Olympics

Stina Blackstenius scored a pair of goals and Sweden once again stunned the United States at the Olympics with a 3-0 victory Wednesday in the women's soccer tournament. The Americans, ranked No. 1 in the world and the favorites to win gold in Tokyo, were riding a 44-match unbeaten streak heading into the match. But Sweden, ranked No. 5, has been the U.S. team's nemesis of sorts in recent years. The Swedes bounced the Americans from the 2016 Rio de Janeiro Games in the quarterfinals, the earliest U.S. Olympic exit ever. Then in April, Sweden played the United States to a 1-1 draw in Stockholm, which snapped a winning streak dating back to January 2019, when the Americans lost to France in the run-up to the World Cup. Blackstenius' header into the far corner off a cross from Sofia Jakobsson in the 26th minute gave Sweden the first-half lead. The United States came out stale, with its best chance of the opening half coming in the final moments when Rose Lavelle's shot hit the post. C

Euro Cup 2021 final date, match time, live telecast and streaming in India

England qualified for the first major tournament final since 1966 and will now face Italy in the summit clash at Wembley Stadium on July 12

Euro 2020: Ukraine beat Sweden 2-1 after extra time to reach quarters

Ukraine reached the round of 16 at the European Championship with worst record of the advancing teams