Sweden Financial News

The Czech Defense Ministry says it's planning to buy 14 Leopard 2A4 tanks from Germany in a deal worth about $167 million

Baltic Sea which linked Finland to Germany and Lithuania to Sweden's Gotland Island have been reportedly damaged while raising suspicions of possible sabotage amid heightened tensions with Russia, reported The U.S. Sun. The Finnish company Cinia reported that its 1,200 km cable connecting Helsinki to Rostock stopped functioning early morning while a 218 km cable between Lithuania and Gotland went out of service the previous day. According to The U.S. Sun, both incidents have prompted investigations by Finnish and German authorities who have eventually expressed deep concern over the potential for intentional damage to critical infrastructure. Also Read :My Life With the Walter Boys Season 2: What we know about cast, plot and production

Germany’s defense minister says officials have to assume that damage to two data cables under the Baltic Sea was caused by sabotage

LISBON, Portugal — Financial technology unicorns aren't in a rush to go public after buy now, pay later firm Klarna filed for a U.S. IPO — but they're keeping a watchful eye on it for signs of when the market will open up again.

Olav Thon, a billionaire entrepreneur recognizable for his bright red cap who went from selling leather and fox hides in his youth to build one of Norway’s biggest real estate empires, has died

«Back when I started in tech in India, grinding late hours was worn like a badge of honor. I had a manager who wouldn’t leave to home before 10:00 PM and always come to office at 9:00 AM sharp. Last min prod deployment on the name of client is god. Even my team members slept in accenture offices in Gurgaon. In India we’re so many people in tech hence so tough competition if you don’t do it — there are 10,000 people in line so most of us don’t have choice,» said Ankur Tyagi on his social media account on X. Further adding, Tyagi said hustle culture was so ingrained in India that sacrificing personal time and family moments without a second thought happens easily.

The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency

Subscribe to enjoy similar stories. The announcement came at a routine press briefing on September 5th. Mao Ning, a foreign-ministry spokesperson, said China was grateful for the “desire and love" of the foreign families who wanted to adopt Chinese children.

Mars. Elsa Thora, a model, asked Elon Musk to help her become the first space mother, saying she would like to be the Adam and Eve of Mars. The risqué model has changed her goal posts to a new, more bizarre aspiration after expressing her desire to be the first person to make love in space, as quoted in a report by the Daily Star. Swedish OnlyFans star Elsa Thora, who lives in the UK, has stated that she wants to be the first person to give birth on Mars in order to contribute to the planet's population, and she needs Elon Musk's assistance to accomplish this.

In a statement on Tuesday (12 November), Klarna said that it had submitted a draft registration statement to the Securities and Exchange Commission relating to the proposed flotation. The Swedish payments firm said the number of shares to be offered and the price range for the proposed offering «have not yet been determined», but that the IPO is expected to take place after the SEC completes its review process, subject to market and other conditions.  Chrysalis, which holds around £800m in assets, has a long-term holding in Klarna and previously noted that the anticipated float would ...

European shares opened higher on Monday with most sectors rising, kicking off a week packed with global economic data including inflation readings in Germany and the United States. The pan-European STOXX 600 added 0.9% as of 0811 GMT, with industrials among the top gainers, up 1.2%.

Australia’s states and territories have unanimously backed a world-first national plan to ban children younger than 16 from most forms of social media

A new study says private jet carbon pollution soared 46% from 2019 to 2023

Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade

Subscribe to enjoy similar stories. There are worse ways to spend a lazy Saturday than to take a trip to one of IKEA’s giant furniture stores. Young children can be swiftly deposited at Småland, the supervised play area, leaving you to navigate the maze of flat-pack furniture and bric-a-brac at your leisure; you might even stop at the restaurant for a plate of Swedish meatballs.

Swedish software company Truecaller announced on Wednesday that Rishit Jhunjhunwala, its current Chief of Products and Managing Director of the India division, will step into the role of CEO, effective January 9. Jhunjhunwala, who joined Truecaller in 2015, will succeed Alan Mamedi as he steps down.

France, Germany, Italy, Japan, and Spain shared the second place, granting their citizens visa-free access to 192 countries, as per the latest rankings. The United States ranked 8th, giving its citizens visa-free entry to 186 countries.

The European Union says it will impose duties on imports of electric vehicles from China from Thursday, after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute

Musicians from ABBA, Radiohead and The Cure have joined actors and authors in signing a protest letter against the mining of their artistry to build artificial intelligence tools

CG Power and Industrial Solutions on Monday reported a nearly 10 per cent decline in its consolidated profit after tax to Rs 220 crore for three months ended September 2024. Its profit after tax (PAT) was Rs 244 crore in the year-ago quarter. Aggregate sales for the quarter increased 21 per cent to Rs 2,413 crore during the July-September quarter of the current fiscal from Rs 2,002 crore in the same quarter of 2023-24, the company said in a stock exchange filing.