The President of Brazil, Dilma Rousseff, was in Sweden on Monday to discuss her country's purchase of 36 Jas Gripen fighter jets for a price tag which has risen to 39 billion kronor ($4.7 billion).
Swedish defence giant Saab announced a surprise drop in first-quarter operating profits on Friday, while the company took a 3.8 percent tumble on the Stockholm stock market.
A 39.3 billion kronor ($5.5 billion) deal signed by Swedish defence company Saab to build and sell 36 Jas Gripen fighter jets to Brazil is being investigated by Brazilian prosecutors.
The leader of Sweden’s Left Party has strongly criticised Sweden’s new Social Democrat-Green coalition, accusing it of “chickening out” on EU-US free trade talks and being a “huge disappointment on climate change”.
A Swedish man who conned the state out of 13.5 million kronor ($2 million) by claiming he was wheelchair bound and needing 24-hour care has been arrested in South America after being on the run for over a year.
Sweden has been rated as the fourth best destination in the world in a new ranking by the Lonely Planet travel guide, thanks to its emerging pop-culture, it's food, and the fact that the north holds the setting for next year's European Capital of Culture.
Swedish clothing giant H&M announced on Wednesday that it would be dressing Sweden's athletes for the upcoming Olympic Games in Rio de Janeiro and Sochi.
The Brazilian tourist who attacked a bodyguard outside the offices of Prime Minister Fredrik Reinfeldt in August has been released and deported after passing a psychiatric evaluation in Sweden.
Brazil and Iraq will meet in a full international for the first time this Thursday - but both will be far from home as they take each other on in far-flung Malmö, Sweden.
A tourist from Brazil has spoken out after he attacked a security guard in Stockholm in early August, in what he revealed was a “crazy” attempt to steal the guard’s gun and kill the king of Sweden.
Brazil's defense minister has said that the country has an "urgent´" need of new combat aircraft, reigniting renewed speculation about a multi-billion-dollar deal potentially involving Swedish Saab's Gripen NG.
Alfa Laval, the Swedish heating giant, snapped up a major deal with a South American beer brewery, an order valued at 135 million kronor ($21 million).
Swedish Prime Minister Fredrik Reinfeldt and Chilean President Sebastian Pinera signed cooperation agreements on mining, forestry and “green technologies” on Thursday.
Swedish Prime Minister Fredrik Reinfeldt told Brazilian business leaders Wednesday that there should be a global "green economy" with sustainable growth.
Brazil will make no decision in the "short term" on a multi-billion-dollar tender for 36 new fighter jets that is closely fought over by US, French and Swedish companies, the defence ministry said Tuesday.
Brazil has announced that it will delay a decision to buy 36 fighter jets following a slew of budget cuts, leaving Swedish firm Saab, along with French and US rival bids, playing the waiting game over the lucrative deal.
Swedish defence firm Saab has faced another setback in its bid to sell its Gripen aircraft to Brazil after a US official announced that it has offered the country a "significant technology transfer" if it buys US-made fighter jets.
Brazilian Defense Minister Nelson Jobim on Tuesday ruled out for now a decision on a multi-billion dollar fighter aircraft contract vied for by France, Sweden and the United States.
The likelihood that Brazil will purchase Swedish-made Saab Gripen fighter jets to modernise its air force diminished significantly following recent comments by the outgoing Brazilian president, analysts believe.
A state visit to Brazil by Sweden's King Carl XVI Gustaf earlier this year may have constituted a conflict of interests, according to a Swedish bribery scholar.
Sweden was unable to reclaim the top spot in a climate change performance ranking released on Monday at the ongoing climate summit in Cancún, Mexico, coming in fifth behind Brazil.
