Shares in Swedish clothing retailer, H&M fell yesterday after the company said sales in April were hurt by unseasonably cool weather in many parts of Europe.

THE owners of National Irish Bank, Danske Bank, the second-biggest Nordic lender by market value, may say profit declined in the third quarter after the bank booked losses on bad loans and as an expansion in Ireland and Finland boosted expenses.

SHARES of Ericsson AB, the world’s largest maker of wireless networks, surged as much as 27% as accelerated cost cuts helped the company post a narrower-than-expected loss in the second quarter.