Apotea Sales Rise 12.5% to Nearly SEK 2 Billion in Third Quarter
Online pharmacy Apotea increased sales by 12.5 percent to nearly SEK 2 billion in the third quarter, according to the company's interim report.
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Data center and semiconductor demand drives Skanska’s record construction order backlog
Construction giant Skanska reports record figures for its construction operations in the third quarter. Its order backlog was the highest in the company's history, Skanska writes in its interim report.
Business
Swedbank raises variable mortgage rate after Riksbank hike, Länsförsäkringar follows
After the Swedish Central Bank raised its key interest rate by 0.25 percentage points on Wednesday, major bank Swedbank is following suit, raising the rate on its variable-rate mortgages.
Business
Swedish Export Companies Remain Optimistic Despite Dip in Business Sweden Index
Swedish export companies remain optimistic about demand, among other things.
Business
Asian stock markets mixed as South Korea’s Kospi falls 4% and Hang Seng rises 3.4%
Major Asian stock markets are mixed in early trading on Thursday.
Business
AstraZeneca reportedly bids $10 billion for US biotech Rhythm Pharmaceuticals
Pharmaceutical group AstraZeneca has made a bid worth SEK 97 billion for US-listed Rhythm Pharmaceuticals, sources told the Wall Street Journal (WSJ).
Business
Google will turn off AI tools for students by default, starting in the US
Google will turn off its AI tools by default for schoolchildren. The change will be rolled out first in the US and later worldwide.
Technology
Sweden used 248 million targeted plastic bags in 2025
The Swedish foundation Håll Sverige Rent says rising plastic-bag use risks leading to more litter. It is calling for measures to reduce single-use plastic.
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- BusinessSwedish-owned Bianchi enters restructuring, cuts unprofitable e-bike production
- BusinessWall Street rallies after Democrats’ midterm wins as Trump-linked stocks plunge
- BusinessNew York Times Adds 420,000 Digital Subscribers, Beats Profit Expectations
- BusinessSweden’s Riksbank raises key rate to 2%, signals further increases
- BusinessStockholm Stock Exchange Reverses Early Losses to Close 1% Higher After US Midterm Elections
- TechnologyUS Midterm Election Result Could Boost Green Technology, but Not Bring Major Trade Policy Changes
- BusinessSweden’s Services PMI Falls to 55.7 in October as Cost Pressures Remain High
- BusinessHemnet replaces CEO Jonas Gustafsson as share price plunges 59% this year
- BusinessNovo Nordisk beats third-quarter expectations as Wegovy sales rise and outlook improves
- BusinessDemocrats’ Midterm Election Win Sends US Stocks Lower and Weighs on Dollar
- BusinessAsian markets mostly fall, led by sharp losses in Japan and South Korea
- BusinessTesla registrations in Sweden jump 248% in October, while Volvo and Polestar show big losses.
- BusinessAMD beats quarterly expectations as revenue and data center sales surge, shares jump after hours
- TechnologyAI Stocks Lifted the Nasdaq and S&P 500 as Apple Shares Fell After Results
- BusinessBMW Cuts Profit Forecast for Second Time This Year as Costs Rise
- BusinessHolmen to lay off around 50 workers as it plans to close sawmill near Skellefteå
- BusinessTaco Bell Sales Fall 4% After Lettuce-Linked Illness Outbreak, Then Recover in September
- BusinessMarkets expect the Swedish Central Bank to raise rates more than any other major Western central bank
- BusinessSwedish Gasoline Prices Hit Lowest Level Since August After 95-Öre Cut
- CarsStrikes Intensify at German Carmakers as IG Metall Demands Pay Rises and Job Guarantees
- BusinessApple shares fall 3.1% despite beating earnings expectations as New York stocks rise
- BusinessSweden’s October electricity subsidy delayed until next year, Busch says
- BusinessStockholm Stock Exchange Ends Lower After Volatile Trading, OMXS Down 0.1%
- BusinessAustralia Raises Key Interest Rate to Highest Level in 18 Years at 4.85%
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