Oura postpones IPO amid market uncertainty
The American company Oura, which designs so-called smart activity rings, is now postponing its IPO.
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The American company Oura, which designs so-called smart activity rings, is now postponing its IPO.
BusinessSteel manufacturer Stegra needs at least another 10 billion kronor to complete the investment in a factory in Boden, according to the newspaper Affärsvärlden, citing two independent sources.
BusinessUkraine lacks up to $54 billion, just over half a trillion kronor, in financing through 2029, according to preliminary calculations by the International Monetary Fund (IMF).
BusinessRussia is raising its planned defense spending target for 2027 to 17.1 trillion rubles (about $2 trillion), Bloomberg reports, citing an anonymous source. That's a 27 percent increase from the previous target.
BusinessApproximately the same wage increases as in previous years and shorter working hours. These are the demands of the salaried employees' union Unionen ahead of this winter's major wage round.
BusinessInflation in Iceland rose to 5.9 percent in September, preliminary figures from Statistics Iceland showed. This is the highest inflation rate in more than two years and compares with 5.6 percent in August and an inflation target of 2.5 percent.
BusinessThe Swedish krona continues to weaken amid turbulence in global interest rate and currency markets.
BusinessChina's central bank has launched a new program of subsidized loans to state-owned local companies in the country, so that more people can pay their bills, Bloomberg reports, citing sources.
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