Airline SAS Q2 Loss Narrows, Hopes To Raise $1 Bln In New Cash

STOCKHOLM – Airline SAS said it hopes to convert debt to equity and raise 9.5 billion Swedish ($972 million) in new cash, warning of liquidity problems if it falls short as it posted a quarterly loss that was narrower than a year ago. The carrier, part – owned By Sweden and Denmark, has been struggling … More Airline SAS Q2 Loss Narrows, Hopes To Raise $1 Bln In New Cash

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Sweden Recommends Fourth COVID-19 Jab For The Elderly

Sweden’s Health Agency recommended on Monday that people aged 80 or above should receive a second booster shot of COVID-19 vaccine, the fourth jab in total, to ward off waning immunity amid the rampant spread of the Omicron variant. The recommendation also covered all people living in nursing homes or who receive assisted living services … More Sweden Recommends Fourth COVID-19 Jab For The Elderly

Sweden Tightens COVID Restrictions As Omicron Clauds Outlook

PARIS, France – Sweden will urge all employee to work from home if possible and impose tighter rules for social distancing, the government said on Tuesday, as it ratchets up restrictions aimed at fighting a surge in new infections of the COVID – 19 virus. The number of new virus cases in Sweden, which sparked … More Sweden Tightens COVID Restrictions As Omicron Clauds Outlook