Heavy snowfalls brought chaos to parts of Germany and Sweden on Friday, leaving roads blocked, trains halted and schools shut. The Red Cross helped drivers stuck on a motorway in the southern German state of Bavaria and a nine-year-old boy was killed by a falling tree. The front of a Swiss hotel was hit by […]

Fashion chain H&M (HMb.ST) is acquiring a small stake in Klarna in what will be the Swedish online payments services firm’s largest partnership so far. H&M is paying around $20 million for a stake of less than 1 percent, a Klarna spokeswoman said, confirming a Financial Times report on Monday. Klarna’s digital platform would be […]