Lufthansa Cuts Profit Forecast Again as High Fuel Costs Hit Airline Industry
German airline giant Lufthansa has lowered its profit forecast due to high fuel prices.
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Disney Plans to Cut Thousands of Jobs as Departments Face 20% Savings Targets
Entertainment giant Disney plans to cut thousands of jobs, with some departments facing annual savings targets of around 20%, Bloomberg reports.
Business
Seven in 10 students say their finances are good, CSN survey finds
The concept of the “poor student” may be less relevant today. Seven out of ten students rate their finances as “fairly good” or “very good”, according to a new report from CSN.
Business
Asian markets mostly fall, led by South Korea’s Kospi
Stock markets in Asia that are open are mostly lower.
Business
Apple Beats Quarterly Expectations as Revenue Rises 12% to $114.48 Billion
Technology giant Apple beat expectations in its quarterly report after the New York Stock Exchange closed on Monday evening.
Business
Palantir beats earnings and revenue expectations as shares rise after hours
American AI software company Palantir beat expectations in its quarterly report on Monday evening. Its shares are rising in after-hours trading.
Business
Swedish House Prices Fell Sharply in October as Apartment Prices Rose
Villa prices fell unusually sharply in October while apartment prices rose, according to figures from SBAB and housing website Booli.
Business- BusinessWall Street’s upbeat open fades as Nasdaq falls 1.1% ahead of Apple results
- BusinessEcco to close factories in Portugal and Vietnam, cutting 2,400 jobs amid cost-cutting drive
- BusinessEstée Lauder raises sales forecast as beauty industry holds up despite inflation
- BusinessSwedish Industry Unions Demand 3.9% Pay Rise in One-Year Deal
- BusinessNew Swedish rules will slow future electricity grid fee increases, but not lower bills
- TechnologyAI Has Yet to Reshape Sweden’s Job Market, but Some Graduates Face Risks
- BusinessLord Moyne, face of Sweden’s Trustor fraud affair, dies at 96
- CarsElectric Cars Account for More Than Half of New Registrations in October
- BusinessSwedish Manufacturing PMI Hits Highest Level Since January 2022 as Industry Gains Momentum
- BusinessStockholm Stock Exchange Rebounds 0.4% as Oil Prices Fall on US-Iran Talks Hopes
- BusinessSwedavia scraps plans for new Arlanda Airport pier, citing changing travel patterns
- BusinessStudsvik Names Stefan Håkansson as New CEO, Replacing Karl Thedéen in February
- BusinessRyanair weighs wage freeze as rising oil prices threaten to add €2 billion in costs next year
- BusinessAsian Stocks Rise After Sharp Losses Last Week, Led by South Korea and China
- BusinessSwedish industry unions to present joint wage demands ahead of 2027 bargaining round
- BusinessOil Prices Fall 6% as Hopes for US-Iran Peace Talks Revive
- TechnologyAI Stocks Slide as Investors Question Big Tech’s Trillion-Dollar Spending
- BusinessHandelsbanken forecast points to cheaper holidays abroad in 2027
- BusinessSwedish Bankruptcies Fall 15% in October to Lowest Level in Five Years
- BusinessHow Trump Could Respond if Republicans Lose Control of Congress, Analysts Warn of Tariff Threats
- BusinessEU weighs new taxes to fund 2028-2034 budget as Sweden resists
- TechnologyFBI Blames North Korean Hackers for $6.3 Billion Binance Heist as Withdrawals Resume
- BusinessBinance to cover losses after $6.2 billion crypto theft, resume withdrawals Sunday
- BusinessExtreme heat is forcing H&M to rethink clothing and collection timing
- BusinessOpenAI Raises Less Than Half of $30 Billion Investment Goal, WSJ Reports
- BusinessRiksbank Rate Hike Expected Wednesday as Economists Warn of Tougher Times for Households
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