Saab

When Marina Raphael started her sustainable luxury handbag brand, Marina Raphael, in 2018, armed only with a love for creation and high aesthetics, the art and design world welcomed her, considering her the new big thing. Soon, this was confirmed.

At the CES Asia show in Shanghai last week, NEVS, the Chinese successor to Saab, unveiled its InMotion autonomous people-moving pod that embodies its vision for urban transport of the future. Looking very much like a horizontal self-service elevator, InMotion offers users a high degree of customization to make their journey as connected and pleasant as possible.

A prosecutor has recommended to a council of Appeal Court judges that 17 people should stand trial over claims that bribes were paid to a former Greek minister and other officials in connection to the purchase of defense equipment.

Saab, the Swedish defence giant, has expressed interests in setting up a state-of-the-art fighter jet factory in India.

Jan Widerstrom, the Chairman and Managing Director of Saab India, believes that the Swedish aerospace major will be able to make India the net exporter of fighter jets in the coming years.

Swedish aviation and defense giant Saab has said China's National Electric Vehicle Sweden (NEVS), which has signed a deal with Turkey to help produce the country's first "national car," does not represent the Saab brand, but only owns the company's car production plant. 

Turkey?s ?national car? agreement worth 40 million euros with China?s NEVS has enabled the company to recover from its financial difficulties, the firm has said.

The long-awaited ?Turkish national car? prototypes which sparked widespread debate over their originality were made in Sweden and purchased for 40 million euros ($45 million).

The prototypes of the ?indigenous? cars announced on Oct.13 by I??k initiated a social media storm due to their resemblance to the Cadillac BLS, a restyled model of the Saab 9-3.

Greek businessman Thomas Liakounakis, arrested at his upscale Filothei-Psychiko residence on Monday on charges of bribery and money laundering, was sent to jail pending trial following his 7-hour inquest hearing with investigative magistrate on corruption, Vassilis Bratis.

Evidence given by a key witness in the Ericsson cash-for-deals scandal appears to back allegations that the Swedish mobile telecoms giant bribed Greek officials to secure a 561-million-euro contract in 1999.