City Stockholm Financial News

18.12 / 12:18

Twitter Digital Platform Interface social information reports EU opens proceedings against X in first probe under new rules

By Supantha Mukherjee

17.12 / 12:15

Citi Entertainment performer country concert singer pop Can superstars like Beyoncé or Taylor Swift spur inflation?

hot inflation, but the American singer seems an unlikely macroeconomic force. Hotel prices surged in Sweden when 46,000 fans flocked to the capital, Stockholm, for the pop star’s tour in May. The country’s consumer-price index hit 9.7% that month, higher than expected.

15.12 / 07:29

reports Q4 fall H&M's Q4 sales fall slightly more than expected

STOCKHOLM (Reuters) -Swedish fashion retailer H&M (ST:HMb) reported on Friday a 4% drop in September-November sales measured in local currencies, larger than the 3% fall forecast by analysts.

14.12 / 21:59

Digital President country reports Explainer-What's next for the EU AI Act?

By Supantha Mukherjee, Martin Coulter and Foo Yun Chee

14.12 / 14:28

FIVE Manufacturing CEO information Swedish authorities broaden their investigation into a construction elevator crash that killed 5

A Swedish prosecutor says a preliminary investigation into the crash of a construction site elevator that killed five people has been expanded to include two more possible workplace violations

11.12 / 08:15

CEO President reports Department Spotify CFO becomes one of thousands departing the streaming service, after selling $9M in shares

Spotify’s chief financial officer, Paul Vogel, is leaving next year, the music streaming service said — just days after the company announced its third round of layoffs for 2023

08.12 / 18:07

President reports Spotify CFO Paul Vogel to step down days after third round of layoffs announced for 2023

Also Read: Spotify to Lay Off 17% of Staff, Its Third Round of Job Cuts This Year Shortly after the layoffs were announced earlier this week, Spotify’s stock jumped about 8 per cent. On Tuesday, Vogel moved to sell more than $9.3 million worth of shares, according to securities filings.

06.12 / 10:45

Inside information ICA grocery retailers in Sweden found guilty of insider trading

STOCKHOLM (Reuters) — A Swedish court on Wednesday found 16 people guilty of illegal insider trading linked to the 2021 acquisition offer for then-listed grocery company ICA Gruppen AB, sentencing some to prison for up to three years and two months.

05.12 / 17:20

Google CEO 2020 Spotify axes 17% of workforce in third round of layoffs this year

Spotify says it’s axing 17% of its global workforce in the music streaming service’s third round of layoffs this year

05.12 / 04:43

Career awards Death Immunic vaccine beautiful medicines Vaccines In an ugly world, vaccines are a beautiful gift worth honouring

for medicine, awarded on October 2nd to Katalin Karikó, a biochemist, and Drew Weissman, an immunologist, is a fitting capstone to a great underdog story. Dr Karikó’s unfashionable insistence on trying to get RNA into cells set back her career. She persisted, and the two developed a technique which allowed the immune system to be primed against threats in an entirely new way.

04.12 / 13:11

Reuters CEO Celebrity country 2020 reports 500 Spotify to cut 1,500 jobs in third layoff round this year

By Supantha Mukherjee

04.12 / 08:40

pandemic country Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war

An independent watchdog says many Western arms companies failed to ramp up production in 2022 despite a strong increase in demand for weapons and military equipment

01.12 / 00:41

Citi Provident Mobile electronic reports travelers recommendations Drivers would pay $15 to enter busiest part of NYC under plan to raise funds for mass transit

Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials

29.11 / 22:43

economy show country Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country

Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country

29.11 / 02:49

Cooper President Celebrity country reports Erdogan to visit Budapest next month as Turkey and Hungary hold up Sweden's membership in NATO

Turkish President Recep Tayyip Erdogan will visit Hungary’s capital next month

28.11 / 13:31

Waters Extreme Action economy country cover reports inequality Climate inequality is a glaring reality: No regressive burdens please

how to distribute finances from wealthy countries, which have been responsible for the vast majority of carbon emissions, to vulnerable nations that are bearing the brunt of their impact. Although those negotiations will be vital for a just transition to a decarbonized global economy, socioeconomic inequalities within borders should receive equal attention.

28.11 / 08:19

Provident Waves BLOCK Manufacturing Tesla country testing Tesla sues Swedish agency as striking workers stop delivering license plates for its new vehicles

Tesla has filed a lawsuit against the Swedish state via Sweden’s Transport Agency after striking postal workers in the Scandinavian country stopped delivering license plates for new vehicles manufactured by the Texas-based automaker

28.11 / 02:27

Citi Target FIVE Booking Software stage information Stocks to Watch: TCS, Maruti, Paytm, Wipro, PB Fintech, Eicher

Tata Consultancy Services: The IT services giant has launched its AWS generative AI practice to help customers harness the full potential of artificial intelligence (AI) and AWS generative AI services to transform different parts of their value chain and achieve superior business outcomes. Separately, the company faces $210 million penalty in DXC lawsuit.

24.11 / 19:17

BLOCK Manufacturing CEO Action Fighting Tesla cover Swedish union blocks Tesla components as dispute intensifies

STOCKHOLM (Reuters) — The conflict between Swedish unions and Tesla (NASDAQ:TSLA) heated up on Friday as a supplier of critical components joined in a sympathy action to get the electric car maker to sign a collective bargaining agreement for its Swedish workers.

20.11 / 21:23

FIVE Action Death country consequences 2020 reports ‘Super rich’ emitted as much carbon pollution as the poorest 66%: report

The world’s richest one per cent contributed as much carbon as the five billion people who comprise two-thirds of the globe’s poorest in 2019, which could spell out dire consequences in less than a decade, according to a new report.

17.11 / 23:05

Citi Waves Waters President testing travelers A Swedish hydrofoil ferry seeks to electrify the waterways

Many cities around the world see clean and efficient public transport as a crucial way to lower their carbon emissions

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