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Hermès Surpasses LVMH as France's Top Valued Luxury Brand
The conglomerate LVMH, with brands such as Louis Vuitton and Christian Dior in its portfolio, has been knocked off the luxury throne by its competitor Hermès, which with its scarves and Birkin bags is now the highest valued on the Paris stock exchange. .
Trump Eases Tariffs, Sparking Anticipated Stock Market Rally
Expect a significant new stock market rally on Monday. President Donald Trump has once again backed down from parts of his criticized tariff policy and thereby saved, among other things, Apple from severe problems.
Stockholm Stock Exchange Rises 4.8% After U.S. Tariff Delay
The Stockholm Stock Exchange surged strongly on Thursday, the day after the historic rally on the American stock exchanges in the wake of President Donald Trump's postponed tariffs. The broad OMXS index rose 4.
Ikano Bank Faces Police Report in Denmark Over Misleading Marketing
Ikano Bank, controlled by the Kamprad family who founded Ikea, has been reported to the police by the Consumer Ombudsman in Denmark. According to the complainant, Ikano Bank has misled customers with its marketing.
Volvo CEO Calls Trump's Tariffs a Messy Challenge for Swedish Industry
On Thursday, Donald Trump's tariffs will be rolled out. Then, the Swedish automotive industry risks being severely affected.
Wall Street Gains as Investors Await Trump's Tariff Announcement
Stock prices on the New York Stock Exchange rose ahead of President Donald Trump's report on new import tariffs against the world. .
US Private Sector Adds 155,000 Jobs in March, Surpassing Expectations
155,000 new jobs were created in the private sector in the USA in March, according to monthly statistics from the payroll administrator ADP. There were more new jobs than expected.
Trump Set to Announce New Tariffs as Global Markets Brace
The moment of truth is approaching for President Donald Trump's trade tariffs against the rest of the world. Financial markets around the world are holding their breath in anticipation of what could have a significant impact on the global economy.
Swedish Journalist's Arrest in Turkey Sparks Global Outcry
Many organizations strongly condemn the fact that the Swedish journalist Joakim Medin has been arrested in Turkey. .
US Consumer Confidence Hits 12-Year Low Over Inflation Concerns
Inflation worries due to the Trump administration's trade war are dominating the mood among American consumers, shows a monthly index from The Conference Board. Future confidence is down to its lowest level in twelve years, according to a sub-index.
Wall Street Rallies as Hopes Rise for Softer Tariff Policies
Wall Street rose sharply in a cheerful start to the trading week. Once again, the mood is being steered by President Donald Trump's shifting statements about import tariffs – and now investors are choosing to put their trust in hope.
China Holds Steady on Interest Rates Amid Economic Challenges
Chinese banks are leaving their one- and five-year interest rates unchanged at 3. 1 and 3.
Zelensky: Speaking with Trump today
Ukraine's President Volodymyr Zelenskyj is to talk to his American counterpart Donald Trump on Wednesday. This is stated by Zelenskyj himself during a state visit to Finland, at a live broadcast press conference.
Wall Street rises – after a pitch-black week
From down like a pancake to up like a sun. The New York stock exchange turned around and ended an otherwise very dark trading week with rising prices.
Klarna registers for stock exchange listing in New York
Payment giant Klarna has registered with the US financial supervisory authority SEC to be introduced on the New York Stock Exchange. Bloomberg predicts one of the year's largest financial company listings on Wall Street.
American Airlines flags loss
American Airlines is now the next airline giant to report a larger quarterly loss than expected after its competitor Delta Airlines announced the same. .
China's Consumer Price Index Falls
Consumer prices in China fell last month, which is the first time since January 2024. The Consumer Price Index, an important measure of inflation, fell by 0.
The Euro Rises After "Hawkish" ECB Rate Cut
The euro received a boost after an interest rate decision from the European Central Bank (ECB), up around five öre against the krona to 11 kronor. The market is reacting to the ECB describing the interest rate level as clearly less restrictive, which is interpreted as a signal that there may not be many more cuts.
Inflation rises unexpectedly much – "Cold shower"
Inflation is now rising unexpectedly much. The consequence: an interest rate cut from the Central Bank is seen as very distant, according to analysts.
Starmer welcomed Zelenskyj after the chaotic meeting
Ukraine's President Volodymyr Zelenskyj was warmly welcomed with consideration by the British Prime Minister Keir Starmer at 10 Downing Street. We must achieve a sustainable peace that shows Ukraine's sovereignty, said Starmer.
Multiple Media Outlets Denied Access to Trump's Meeting
The White House denied reporters from several news media access to the USA's President Donald Trump's first cabinet meeting on Wednesday, reports the news agency Reuters. .
American restaurant chain Hooters on the Brink of Bankruptcy
The American restaurant chain Hooters, known for its young lightly dressed waitresses and chicken wings, may eventually have a bankruptcy application on the menu. .
Northvolt Owner: "Moving Quickly in the Right Direction"
Northvolt has got significantly better momentum in production at the Skellefteå factory. This is stated by one of the owners, the CEO of the First AP Fund, Kristin Magnusson Bernard.
Sources: Prada wants to buy Versace
The Italian luxury company Prada may be on its way to acquire the competitor Versace, according to sources to the news agency Bloomberg. The company, which was once founded by Gianni Versace but is now owned by British Capri Holdings, made an operating loss of 21 million dollars in the last quarter and has been on its way to being sold to the American holding company Tapestry, owner of American brands such as Kate Spade and Coach.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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