Rafaela Lindeberg

H&M reported better-than-expected earnings as improved margins and refunds of US tariffs helped the Swedish fashion retailer offset a modest growth in sales.

The fast-fashion giant’s Sellpy unit is growing fast but still can’t turn a profit on secondhand clothing.

The owners of Jets AS are considering a potential sale that could value the Norwegian vacuum sanitation systems group at around 5 billion kroner ($525 million), according to people with knowledge of the matter.

Sweden’s Pophouse Entertainment Group AB has acquired a 50% stake in the publishing and master-recording rights of Australian singer-songwriter Sia.

Volvo Car AB scrapped its full-year sales-volume and cash-flow outlook, warning of a significant hit to third-quarter earnings due to deteriorating conditions in China and a slower-than-expected US recovery.

Volkswagen AG’s truck unit Scania AB is speeding up plans to make electric trucks at its new Chinese factory as record diesel prices fuel a faster-than-expected switch in the world’s biggest market.

Volvo Car AB plans to slash another 2,500 jobs as cratering sales in China and tariffs in the US complicate the Swedish automaker’s turnaround.

Volvo AB said good momentum in North America and Europe helped deliver solid earnings during the third quarter with the truckmaker planning to gradually increase production.

Aside from the issues in China, Volvo cited costs from tariffs in the US and the removal of electric-vehicle subsidies there.

Rising costs and escalating tensions around tourism in major cities may have the hospitality industry on edge, but the hotel group’s CEO sees big growth opportunities ahead, especially in India.