Sweden Financial News
22.12 / 15:44
22.12 / 01:01
21.12 / 14:09
Provident
Target
Man
Manufacturing
Volkswagen
Strategy
strain
The New Swedish Playbook for Financing Green Business
In Sweden’s far north, two investors are rolling out a playbook that could break the financial bottleneck that has bedeviled emerging green industries. So far, they have hatched the world’s first large-scale steel mill powered by green hydrogen and a fast-growing battery maker that has raised more than $9 billion. Next up are heat pumps.
21.12 / 12:54
Target
Reuters
Danone
BASF
Whirlpool
How companies are responding to attacks on ships in the Red Sea
Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world's shipping traffic, have pushed several shipping companies to reroute their vessels.
20.12 / 16:23
Provident
Waters
Oscar
Houthi Red Sea threat: Ikea faces delays, possible supply shortages
Ikea said it faces delays and possible shortages of some products as shipping firms reroute cargo vessels away from the Red Sea following attacks by Houthi militants. The Swedish flat-pack furniture giant said it’s looking for other options to secure the availability of its products, many of which normally pass through the body of water and the Suez Canal on their way from factories in Asia to Europe and other markets.
20.12 / 08:36
20.12 / 07:43
Digital
Aware
Manufacturing
Action
information
isolate
Department
HCLTech investigating ransomware attack on isolated cloud project
HCLTech said on Wednesday that one of its isolated cloud environments was subject to a ransomware attack and the company is investigating the matter. “This is to inform you that HCLTech has become aware of a ransomware incident in an isolated cloud environment for one of its projects. There has been no impact observed due to this incident on the overall HCLTech network,” the Noida-based company said in an exchange filing on Wednesday.
19.12 / 17:53
19.12 / 05:20
Provident
CEO
Software
pandemic
audience
Klarna CEO Siemiatkowski says buy now, pay later is used by shoppers who otherwise avoid credit
Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that’s one of the world’s biggest providers of buy now, pay later services to customers
18.12 / 12:50
FIVE
Nov
show
voice
Goldman adds voice to bearish expectations for the dollar
Goldman Sachs Group added its voice to a chorus of expectations of a weaker dollar after the US central bank’s clearest sign yet that interest-rate cuts are coming.
18.12 / 07:51
Target
Gap
President
country
consequences
prevention
The global backlash against climate policies has begun
fire-charred decade. In polls of 12 rich countries by Pew, an American think-tank, the share of respondents who said it was a “major threat" rose in every country except South Korea, where it was already high (see chart 1). Clear majorities everywhere bar Israel agreed with this description.
18.12 / 05:33
Provident
Waters
CEO
Discover
reports
Northvolt breaks through: No-critical mineral, sodium-ion based battery ready for market
UN Climate Conference in Dubai, COP28, Northvolt CEO and Co-Founder Peter Carlsson shared his outlook on sodium-ion in a conversation with Anna Liberg, Global Head of Energy at Business Sweden. Carlsson said, “The world has put high hopes on sodium-ion, and I’m very pleased to say that we’ve developed a technology that will enable its widespread deployment to accelerate the energy transition.
17.12 / 14:41
Software
Align
Remark
Tesla
Highways
country
week
This week in EVs: Tesla’s massive recall | Pro Recap
Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla faces Nordic union troubles; F-150 Lightning production cut in half; and Tesla’s massive recall.
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.
16.12 / 14:26
Provident
Continental
Southern
country
travelers
Europe is stuck in a need-hate relationship with migrants
gang violence, much of it related to its previously porous border. Migrant-hating populists have surged there, as they also have in Germany. If one thing unites politicians in the EU, it is the certainty that a botched policy on migration will cost them their jobs.
15.12 / 13:03
15.12 / 12:49
Reuters
ICE
stage
country
prevention
COP28 climate deal 'stab in the back', activist Greta Thunberg says
Greta Thunberg said on Friday. Nearly 200 countries agreed at the summit to begin reducing global consumption of fossil fuel and adopt a raft of measures, including more clean energy production, to avert the worst effects of climate change.
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 / 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
12.12 / 08:31
Citi
Provident
country
social
innovations
Hyderabad pips Pune, B'luru among India's best cities in Mercer's quality of living index
Hyderabad with a rank of 153, Pune at 154 and Bengaluru in the 156th position are the three highest placed among Indian cities in Mercer's worldwide quality of living ranking for 2023 which rates Vienna in Austria at the top of the list. Chennai is the fourth Indian city in the list at the 161 spot followed by Mumbai at 164. Kolkata (170) and New Delhi (172). Mercer's Quality of Living data assesses the practicalities of daily life for expatriate employees and their families in assignment locations worldwide. Vienna retained its top position in the list, which was last published in pre-Covid 2019.
11.12 / 07:38
Blockchain
Digital
Strategy
President
Bitcoin
country
2020
Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
Hive Digital Technologies, a prominent player in cryptocurrency mining, has recently announced a significant expansion of its global operations. The company's latest move involves the acquisition of a new property and data center in Boden, Sweden. This acquisition is set to enhance Hive's Bitcoin production capabilities significantly.
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