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Asian stock markets, especially South Korea’s, are falling sharply. Concerns about interest rate hikes and AI companies’ debt are among the factors behind the declines.
TechnologyAfter Barclays downgraded the stock, computer manufacturer Dell fell sharply on the New York Stock Exchange, as did two industry peers.
BusinessAnthropic's revenue increased by about 50 percent in the third quarter, the company told investors. In total, the AI giant took in the equivalent of about SEK 167 billion from July through September.
BusinessA 2.85 percent rent increase is in store for 50,000 households with private landlords in Stockholm after a special arbitrator issued a recommendation. “The limit has been reached,” says Sanna Kolk, a negotiation strategist at the Tenants’ Association. She spoke to Hem & Hyra.
BusinessUkrainian President Volodymyr Zelenskyy says in an interview with British media personality Piers Morgan that he feels betrayed by US President Donald Trump over his deal with Russia on diesel fuel exports.
BusinessThe New York Stock Exchange fell sharply on Wednesday after new inflation data. Several AI-linked stocks also traded lower.
TechnologyStreaming giant Netflix will lay off 1,000 employees, equivalent to 6 percent of its workforce, the Wall Street Journal reports.
BusinessInflationary pressures are rising in the US economy. A Federal Reserve interest rate hike is now looking more likely, according to the market.
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Plumber, Property Caretaker in Hässelby and SkärholmenAeternum Holding AB, Stockholm
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Engelska Skolan Norr is Hiring a Social Pedagogue!Engelska Skolor och Förskolor i Sverige AB, Stockholm
