Rafaela Lindeberg

The Stockholm-based startup, founded in 2016, will go public on the Nasdaq through a merger with blank-check firm Legato Merger Corp. III at a pre-money equity valuation of about $1.35 billion.

Volvo AB expects revenue from autonomous transportation to approach US$3 billion (RM12.21 billion) within five years after starting driverless operations on US highways in a few months.

H&M AB reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.

Revenue in local currencies fall once again H&M reported disappointing sales, posing a fresh challenge to the Swedish fast-fashion retailer's turnaround efforts amid intense competition and cautious consumer spending.

Polestar Automotive Holding UK Plc has been denied authorization to sell future models in the US from next year under connected-vehicle rules aimed at limiting Chinese technology.

Polestar Automotive Holding UK was denied authorization to sell future models in the U.S. from next year under connected-vehicle rules aimed at limiting Chinese technology.

Swedish music investment firm Pophouse Entertainment Group AB is adding another high-profile name to its portfolio by acquiring a stake in the publishing and music rights of Iron Maiden.

Volvo Car AB Chief Executive Officer Hakan Samuelsson pushed back against White House senior trade adviser Peter Navarro’s criticism of Chinese automakers, saying they have prospered because of effective strategy rather than unfair competition.

(Bloomberg) -- Volvo Car AB Chief Executive Officer Hakan Samuelsson pushed back against White House senior trade adviser Peter Navarro's criticism

Chinese carmakers are steadily expanding their presence in Europe despite higher European Union tariffs on their electric vehicles