AI concerns and war fears sent the stock market crashing
The Stockholm Stock Exchange fell in line with other leading stock exchanges around the world. The OMXS index lost 0.9 percent at the close.
Technology
Worse than expected for Billerud as it reports operating loss of SEK 229 million in first quarter
Packaging company Billerud reports an operating loss of SEK 229 million for the first quarter of the year. This compares with a profit of SEK 638 million in the corresponding quarter last year.
Business
SCA Reports Decreased Profits Amid Currency and Sales Challenges
The forestry company SCA reports an operating profit of 1.6 billion kronor. This can be compared to the expected 1.1 billion kronor, according to Bloomberg's compilation.
Business
Stock Market Rises After US Interest Rate Cut
The Stockholm stock exchange closed up 0.9 percent after the US central bank lowered the interest rate on Wednesday evening.
Business
Billerud to Cut Up to 650 Jobs Amid Cost-Saving Measures
The forestry company Billerud will reduce costs by 800 million kronor in annual savings. This means that the company will cut up to 650 positions.
Business
Packaging Company Billerud Fined Millions After Employee's Death
Negligence and deficiencies led to the death of an employee at Frövi Bruk. The prosecutor is now demanding multimillion compensation for Billerud, which the company accepts.
Sweden
Explosion at Gävle Bio Oil Tank Contained; Investigation Ongoing
Powerful smoke development broke out in Gävle after an explosion in a tank storing bio oil. The lid on this tank has apparently been removed via an explosion and then a fire has broken out, says Pyrocell's chairman Pontus Friberg to P4 Gävleborg.
CrimeTop news
Women Fare Better than Men on the Stock Exchange
Last year's stock market star was in many ways the defense company Saab. The stock gained 84,000 new owners and the price has soared by over 50 percent. And women again performed better than men with their investments on the Stockholm Stock Exchange, according to new statistics.
Business
The Stock Market Turned Up After Tariff Drama
The Stockholm stock exchange was down for most of Tuesday. But the broad OMXS index recovered in afternoon trading and closed up 0.2 percent.
Business
The Stock Exchange Started the Week Cheerfully
The Stockholm Stock Exchange started the trading week upwards. At closing, the OMXS index was up 1.1 percent. This after having opened downwards.
Business
