Man who burned Koran in Sweden shot dead A man who repeatedly burnt the Koran in 2023 in Sweden, sparking outrage in Muslim countries, has been shot dead, media reported as police confirmed a man died in a shooting the day before. World • 30 Jan 25
Man who burned Koran in Sweden shot dead A man who repeatedly burnt the Koran in 2023 in Sweden, sparking outrage in Muslim countries, has been shot dead, media reported as police confirmed a man died in a shooting the day before. World • 30 Jan 25
Sweden's central bank cuts rates to 2.25% from 2.5% Sweden's central bank cut its key policy rate to 2.25% from 2.5% as expected today to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed. Business • 29 Jan 25
Sweden's central bank cuts rates to 2.25% from 2.5% Sweden's central bank cut its key policy rate to 2.25% from 2.5% as expected today to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed. Business • 29 Jan 25
Northvolt to remain in operation while seeking rescue The owners of Northvolt have today voted to continue operations while the Swedish electric vehicle battery maker seeks to sort out its finances, it said in a statement. Business • 08 Jan 25
Northvolt to remain in operation while seeking rescue The owners of Northvolt have today voted to continue operations while the Swedish electric vehicle battery maker seeks to sort out its finances, it said in a statement. Business • 08 Jan 25
Swedish central bank cuts policy rate, may ease again Sweden's central bank cut its key interest rate by a quarter percentage point to 2.50% as expected today, but said it now saw reasons to be more cautious about cutting rates in early 2025. Business • 19 Dec 24
Swedish central bank cuts policy rate, may ease again Sweden's central bank cut its key interest rate by a quarter percentage point to 2.50% as expected today, but said it now saw reasons to be more cautious about cutting rates in early 2025. Business • 19 Dec 24
Operators say damaged Baltic Sea cables 'fully restored' Two Baltic Sea telecommunications cables that were severed in Swedish territorial waters have been repaired, their operators said, amid a probe into a Chinese ship in the area. Europe • 29 Nov 24
Operators say damaged Baltic Sea cables 'fully restored' Two Baltic Sea telecommunications cables that were severed in Swedish territorial waters have been repaired, their operators said, amid a probe into a Chinese ship in the area. Europe • 29 Nov 24
Northvolt CEO steps down as company files for bankrupty Northvolt's CEO and co-founder Peter Carlsson is stepping down, the Swedish maker of battery cells for electric vehicles said today, a day after the group filed for US Chapter 11 bankruptcy protection. Business • 22 Nov 24
Northvolt CEO steps down as company files for bankrupty Northvolt's CEO and co-founder Peter Carlsson is stepping down, the Swedish maker of battery cells for electric vehicles said today, a day after the group filed for US Chapter 11 bankruptcy protection. Business • 22 Nov 24
EU nations investigating 'sabotage' of Baltic Sea cables European governments have accused Russia of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cutting of two fibre-optic telecommunication cables in the Baltic Sea was sabotage. World • 19 Nov 24
EU nations investigating 'sabotage' of Baltic Sea cables European governments have accused Russia of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cutting of two fibre-optic telecommunication cables in the Baltic Sea was sabotage. World • 19 Nov 24
Sweden, Finland urge residents to be ready for war Sweden has begun sending millions of pamphlets advising residents how to prepare for possible war and Finland launched a new website, as Ukraine fights the grinding three-year Russian invasion. World • 18 Nov 24
Sweden, Finland urge residents to be ready for war Sweden has begun sending millions of pamphlets advising residents how to prepare for possible war and Finland launched a new website, as Ukraine fights the grinding three-year Russian invasion. World • 18 Nov 24
Sweden blocks 13 offshore wind farms over defence worries Sweden's government said it had blocked the construction of 13 offshore wind farms in the Baltic Sea, after the country's military claimed they could impair defence capabilities. World • 04 Nov 24
Sweden blocks 13 offshore wind farms over defence worries Sweden's government said it had blocked the construction of 13 offshore wind farms in the Baltic Sea, after the country's military claimed they could impair defence capabilities. World • 04 Nov 24
Electrolux third quarter profit lags expectations Electrolux, the world's second-biggest appliances maker, has reported lower than expected third-quarter adjusted operating profit, sending its shares down 10%. Business • 25 Oct 24
Electrolux third quarter profit lags expectations Electrolux, the world's second-biggest appliances maker, has reported lower than expected third-quarter adjusted operating profit, sending its shares down 10%. Business • 25 Oct 24
Saab sees sales growth at upper end of forecast Swedish defence material maker Saab has today reported a slightly bigger than expected rise in third quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm. Business • 22 Oct 24
Saab sees sales growth at upper end of forecast Swedish defence material maker Saab has today reported a slightly bigger than expected rise in third quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm. Business • 22 Oct 24
IKEA sales fall 5% on price cuts amid weak housing market IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year. Business • 10 Oct 24
IKEA sales fall 5% on price cuts amid weak housing market IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year. Business • 10 Oct 24
Swedish central bank cuts key interest rate Sweden's central bank has today cut its key interest rate to 3.25% from 3.5% as expected and said that if the outlook for inflation remained favourable it could ease policy at a faster pace in the months ahead. Business • 25 Sep 24
Swedish central bank cuts key interest rate Sweden's central bank has today cut its key interest rate to 3.25% from 3.5% as expected and said that if the outlook for inflation remained favourable it could ease policy at a faster pace in the months ahead. Business • 25 Sep 24
More Ryanair routes from Sweden as aviation tax scrapped Ryanair will offer more flights from Sweden, adding two aircraft to its fleet there and will consider reintroducing domestic flights following a government decision to scrap an aviation tax, the airline said today. Business • 25 Sep 24
More Ryanair routes from Sweden as aviation tax scrapped Ryanair will offer more flights from Sweden, adding two aircraft to its fleet there and will consider reintroducing domestic flights following a government decision to scrap an aviation tax, the airline said today. Business • 25 Sep 24
Sweden will not take stake in Northvolt, PM says The Swedish state will not take a stake in battery maker Northvolt and the company's future must be determined by its private owners, Prime Minister Ulf Kristersson told a press conference today. Business • 16 Sep 24
Sweden will not take stake in Northvolt, PM says The Swedish state will not take a stake in battery maker Northvolt and the company's future must be determined by its private owners, Prime Minister Ulf Kristersson told a press conference today. Business • 16 Sep 24
Former Swedbank chief executive jailed for 'swindling' A Swedish court has today sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors about the bank's links to a money laundering scandal. Business • 10 Sep 24
Former Swedbank chief executive jailed for 'swindling' A Swedish court has today sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors about the bank's links to a money laundering scandal. Business • 10 Sep 24
Scandinavian airline SAS exits US bankruptcy proceedings Scandinavian airline SAS has emerged from Chapter 11 bankruptcy proceedings in the United States with a stronger balance sheet and new owners after a court process lasting more than two years, the company said today. Business • 28 Aug 24
Scandinavian airline SAS exits US bankruptcy proceedings Scandinavian airline SAS has emerged from Chapter 11 bankruptcy proceedings in the United States with a stronger balance sheet and new owners after a court process lasting more than two years, the company said today. Business • 28 Aug 24
WHO warns more imported mpox cases likely in Europe soon The World Health Organization has said that more imported clade 1 mpox cases were likely to be confirmed in Europe soon, after Sweden announced the first such case outside Africa in an outbreak that has killed hundreds in the DR Congo. World • 16 Aug 24
WHO warns more imported mpox cases likely in Europe soon The World Health Organization has said that more imported clade 1 mpox cases were likely to be confirmed in Europe soon, after Sweden announced the first such case outside Africa in an outbreak that has killed hundreds in the DR Congo. World • 16 Aug 24
Electrolux boosted by US pick up, but freight costs weigh Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the appliances maker's shares sharply higher today. Business • 19 Jul 24
Electrolux boosted by US pick up, but freight costs weigh Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the appliances maker's shares sharply higher today. Business • 19 Jul 24
Wave of burglaries using nitric acid in Swedish capital Police in Sweden are investigating if a series of burglaries in the capital Stockholm, where criminals melted locks using nitric acid, has connections to similar crimes in other European countries. Europe • 17 Jul 24
Wave of burglaries using nitric acid in Swedish capital Police in Sweden are investigating if a series of burglaries in the capital Stockholm, where criminals melted locks using nitric acid, has connections to similar crimes in other European countries. Europe • 17 Jul 24
Sweden's Riksbank holds key rate, may cut 3 times in H2 Sweden's central bank held its key interest rate at 3.75% as expected today, and said that if inflation prospects remained the same, the policy rate could be cut two or three times during the second half of the year. Business • 27 Jun 24
Sweden's Riksbank holds key rate, may cut 3 times in H2 Sweden's central bank held its key interest rate at 3.75% as expected today, and said that if inflation prospects remained the same, the policy rate could be cut two or three times during the second half of the year. Business • 27 Jun 24
Thousands protest Israeli participation at Eurovision Thousands of demonstrators, including climate activist Greta Thunberg, have marched through the streets of Malmö in Sweden to protest against Israel's participation in Eurovision. World • 09 May 24
Thousands protest Israeli participation at Eurovision Thousands of demonstrators, including climate activist Greta Thunberg, have marched through the streets of Malmö in Sweden to protest against Israel's participation in Eurovision. World • 09 May 24
Sweden cuts key rate for first time in eight years Sweden's central bank cut its key interest rate for the first time in eight years today, citing easing inflation and hinting at two more reductions before the end of the year. Business • 08 May 24
Sweden cuts key rate for first time in eight years Sweden's central bank cut its key interest rate for the first time in eight years today, citing easing inflation and hinting at two more reductions before the end of the year. Business • 08 May 24
Swedish central bank holds rates, flags cut in May/June Sweden's central bank held its key rate unchanged at 4% today as expected and said that inflation pressures had now eased enough for the policy rate to be cut in the coming months. Business • 27 Mar 24
Swedish central bank holds rates, flags cut in May/June Sweden's central bank held its key rate unchanged at 4% today as expected and said that inflation pressures had now eased enough for the policy rate to be cut in the coming months. Business • 27 Mar 24
Ericsson cuts 1,200 jobs in Sweden in challenging market Swedish telecoms equipment giant Ericsson said today it was cutting 1,200 staff in Sweden, or 8.6% of its Swedish workforce, as it faces a "challenging" market for mobile networks. Business • 25 Mar 24
Ericsson cuts 1,200 jobs in Sweden in challenging market Swedish telecoms equipment giant Ericsson said today it was cutting 1,200 staff in Sweden, or 8.6% of its Swedish workforce, as it faces a "challenging" market for mobile networks. Business • 25 Mar 24
