Mitsubishi Electrics

20 Oct

ABB to invest SEK 4.9 billion in Japanese electrification joint venture with Mitsubishi Electric spinoff

Swedish-Swiss ABB is forming a joint venture with a business spun off from Japan’s Mitsubishi Electric to make low-voltage distribution products, ABB said in a press release.

Business

20 Oct

Stockholm Stocks Fall 0.7% as Oil Prices Retreat From Their Highest Since May

The Stockholm Stock Exchange continued to fall on Tuesday, in line with other major European markets. The broad OMXS index closed down 0.7 percent.

Business

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