FALLING PROFIT: Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products. Full story
BRUSSELS (Reuters) - European regulators are investigating whether a 400-million-euro ($535.70 million) credit facility granted to Scandinavian airline SAS <SAS.ST> by Sweden, Denmark and Norway breached EU state aid rules. Full story
BRUSSELS (Reuters) - European Union leaders will hold a summit later this month to tackle the growing scourge of youth unemployment. But there's a problem: the 6 billion euros they want to use to get to grips with the issue aren't yet available. Full story
LONDON (Reuters) - WikiLeaks founder Julian Assange says he will not leave the sanctuary of the Ecuadorean Embassy in London even if Sweden stops pursuing sexual assault claims against him because he fears arrest on the order of the United States. Full story
STOCKHOLM (Reuters) - Sweden's big banks could find their reputation for capital strength increasingly under threat due to pressure from regulators who fear they are more vulnerable to risky loans than appears on paper. Full story
Nordic paper maker Stora Enso says it will lay off 2,500 workers, or some 9 percent of its total global workforce, as part of a major cost-cutting program and streamlining of operations. Full story
Male employees at a Swedish railway station are wearing skirts to work to beat the heat since shorts are not allowed and pants are too hot. TODAY.com's Dara Brown reports.
Princess Madeline, once known as the "party princess" and who is fourth in line to the Swedish throne, married Saturday a hedge fund manager who she met in New York City. NBC's Annabel Roberts reports.
Swedish youth continue to riot and vandalize the city of Stockholm for six straight nights. NBC’s Jenna Wolfe reports
Barbershop vocal harmony goes back to 19th-century America, but now the Ringmasters, four Swedish men in their 20s, have been named the world’s top barbershop quartet. They talk the genre’s resurgence in popularity and sing the melody of the famous NBC chimes.
TODAY’s Kathie Lee Gifford and Hoda Kotb talk about how some viewers have taken umbrage at Hoda giving her niece’s Dr. Seuss book to Jenna Bush Hager for her baby shower.
Iceland's Prime Minister Sigmundur David Gunnlaugsson and his Swedish counterpart Fredrik Reinfeldt face the media at a news conference in Stockholm June 19, 2013. REUTERS/Bertil Enevag Ericson/Scanpix (SWEDEN - Tags: POLITICS) THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACT
Iceland's Prime Minister Sigmundur David Gunnlaugsson and his Swedish counterpart Fredrik Reinfeldt face media at a news conference in Stockholm June 19, 2013. REUTERS/Bertil Enevag Ericson/Scanpix (SWEDEN - Tags: POLITICS) THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY A
Iceland's Prime Minister Sigmundur David Gunnlaugsson attends a news conference in Stockholm June 19, 2013. REUTERS/Bertil Enevag Ericson/Scanpix (SWEDEN - Tags: POLITICS) THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. SWEDE
Swedish fashion retailer Hennes & Mauritz AB CEO Karl-Johan Persson speaks during a news conference in Stockholm, June 19, 2013. REUTERS/Marc Femenia/Scanpix Sweden (SWEDEN - Tags: FASHION BUSINESS) ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECE
