Cost cutting: Mobile telecoms equipment maker Ericsson plans to close the last of its Swedish manufacturing sites as part of planned savings.
MarketWatch: US stocks edged up to extend their run of record closing highs on Wednesday as data on the services sector added to signs of strength in the economy and prospects for earnings. The DJIA rose 19.97 points, or 0.09%, to end at 22,661.64, the S&P 500 gained 3.16 points, or 0.12%, to 2,537.74 and the Nasdaq 2.91 points, or 0.04%, to 6,534.63. - Reuters
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