Meta settles with 18-year-old over Instagram’s allegedly harmful algorithms days before trial
Meta settles with teenager who sued Instagram owner over harmful algorithms, days before trial.
BusinessBusiness News
Economy and consumer news domestic and global. Read all the articles.
Swedish Halloween spending forecast at 1.2 billion kronor
Sweden’s trade federation expects Halloween spending to reach about 1.2 billion kronor, and a Stockholm shop worker says the holiday is a major part of her store’s business. The forecast year and its dollar and pound equivalents still need to be established.
Business
Securitas supplied surveillance equipment to notorious Turkish prison where Swedish journalist was detained
Swedish security company Securitas has been selling surveillance equipment to Turkish prisons for several years, according to an investigation by the French-German channel Arte, Sveriges Radio Ekot reports.
Business
Apple Regains Title as World’s Largest Company, Overtaking Nvidia in Market Value
Apple is once again the world’s largest company by market capitalization.
Business
Nasdaq Falls 2.9% as Intel Plunges 28.6% and AI Stocks Slide
The tech-heavy Nasdaq fell sharply in Friday trading, with several AI companies dropping by double digits. The broader stock market also fell heavily.
Technology
Swedavia to invest 1 billion kronor in Arlanda discounts for airlines
Arlanda's role as an airport hub, particularly for domestic traffic, is to be strengthened. State-owned airport operator Swedavia calls the initiative the “biggest change of its kind.”
Business
German Economy Grows More Than Expected in Third Quarter as GDP Rises 0.2%
Europe's largest economy grew more than expected in the third quarter.
Business
New €2 Handling Fee Makes Small Parcels From Outside the EU More Expensive Starting November 1
Starting November 1, shopping from outside the EU will become more expensive. A new fee will be introduced on small parcels.
Business- BusinessFrench Inflation Rises More Than Expected to 3.4% as German Rate Falls to 2.8%
- BusinessStora Enso reports subdued demand and higher costs amid Iran conflict
- BusinessBP’s third-quarter profit nearly quadruples, beating analyst forecasts as refining margins rise
- BusinessAstraZeneca Beats Market Expectations in the Third Quarter as Revenue Reaches $16.2 Billion
- BusinessFrench Economy Shrinks 0.1% as Finance Minister Warns of Risks if Budget Fails
- BusinessStockholm Stock Exchange Slips as AstraZeneca Shares Rise 4.5% After Results
- BusinessA Stronger Swedish Krona Could Make Summer Holidays Cheaper in 2027
- TechnologyAsia’s Markets Fall as Technology Stocks Slide After US Sell-Off
- TechnologyBinance Hit by Potential Record $6.3 Billion Crypto Heist, North Korean Hackers Blamed
- BusinessIntel Shares Plunge More Than 15% After Fourth-Quarter Forecast Falls Short of Expectations
- BusinessAmazon shares fall more than 6% after revenue and earnings miss expectations
- BusinessPrivate-Sector Nurses Face Cuts of Thousands of Kronor in Unemployment Benefits
- BusinessFinnish Police Investigate Google Data Center Projects Over Suspected Environmental Pollution
- BusinessAlphabet Suffers Its Worst-Ever Trading Day, Losing About $500 Billion in Market Value
- BusinessEuro Falls to 17-Month Low After ECB Holds Interest Rates Steady
- BusinessUS Inflation Rises to 3.6% as Consumer Prices Post Biggest Monthly Gain in Six Months
- BusinessUS GDP Growth Tops Expectations at 3.4% in Third Quarter
- BusinessBoliden’s Third-Quarter Profit Before Tax Rises to SEK 5 Billion
- TechnologyMicrosoft seeks to raise at least $25 billion through bond sales to fund AI investments
- BusinessDanish retailer Normal reports record profit of 1.2 billion kroner as sales near 18 billion
- BusinessCaterpillar Shares Drop Nearly 10% After Forecast Points to Moderate Fourth-Quarter Growth
- BusinessEli Lilly Raises Full-Year Forecast After Beating Profit and Sales Expectations
- BusinessChristine Lagarde to Step Down Early as ECB President on February 7
- BusinessEuropean Corporate Profit Growth Is Set to Nearly Match US Levels in the Third Quarter
- BusinessShell’s third-quarter profit more than doubled to $12.1 billion as oil prices surged
- BusinessSwedish Households’ Economic Confidence Drops Sharply in October, KI Says
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