Business News

An expensive winter awaits in Sweden, with fuel, electricity and interest rates set to rise

Electricity, gasoline and an expected interest rate hit. Add to that a bus pass that could double in price. A really expensive winter is coming. The bills for a household could be more than 3,000 kronor higher each month, compared with last year, according to TT's calculations.

Women’s pensions would be used up by today, report says

Today, September 27, women's pensions end for the year, at least figuratively speaking.

OpenAI pauses training of latest AI models after safety incidents

OpenAI says it has temporarily halted training of its latest AI models after several high-profile incidents in which AI agents behaved in unexpected ways.

Apple ordered to pay $5.7 billion in damages in Taction patent case

Apple is ordered to pay a billion-dollar fine to technology company Taction Technology.

Volcanic ash grounds flights at Sicily’s Catania airport

The Etna volcano continues to disrupt air traffic in Sicily. Ash in the air has forced Catania airport to cancel all flights.

Norwegian CEO downplays jet fuel crisis risk as ticket prices rise

In his sixth year as CEO, Geir Karlsen is aiming for a listing of Norwegian's shares on the Stockholm Stock Exchange and hotels in Spain. He downplays the risk of canceled flights and more expensive tickets because of higher jet fuel prices.

TikTok to pay Alabama about 1 billion kronor in settlement

Social media giant TikTok will pay the US state of Alabama the equivalent of about 1 billion kronor as part of a settlement.

Brazil’s president bans betting and gambling sites