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Tesla's European Sales Decline Despite Updated Model Y

The European sales for electric car maker Tesla – with the world's richest man Elon Musk as founder and CEO – continue to plummet. An updated Model Y did not help.

Tesla's European Sales Decline Despite Updated Model Y

Service Sector Recovery Stalls as Activity Declines Unexpectedly

The recovery in the service sector has come to a halt and activity in the sector is unexpectedly decreasing, according to the purchasing managers' index from Swedbank and Silf. The slowdown is weighing down development in the business sector.

Service Sector Recovery Stalls as Activity Declines Unexpectedly

Eurozone Investor Sentiment Improves Slightly in May

The sentiment among investors in the eurozone is negative but not quite as gloomy in May as it was in April, according to the monthly Sentix index. The main index rose to minus 8.

Eurozone Investor Sentiment Improves Slightly in May

Shell Considers Potential Acquisition of Rival BP

The London-based oil giant Shell has brought in advisors to evaluate the opportunity to acquire its rival BP. But Shell wants to see if the oil price and BP shares do not fall a bit first, according to sources for the news agency Bloomberg.

Shell Considers Potential Acquisition of Rival BP

Oil Production Increase May Lower Gas Prices in Sweden

The oil cartel Opec and Russia will continue to increase their production in June. The quotas are being raised by 411,000 barrels per day, according to a new decision.

Oil Production Increase May Lower Gas Prices in Sweden

EU Plans 17th Sanctions Package Against Russia in Coordination with US

The EU is preparing a 17th sanctions package against Russia – and hopes to coordinate it with the USA, according to Foreign Minister Jean-Noël Barrot to AFP. .

EU Plans 17th Sanctions Package Against Russia in Coordination with US

US GDP Falls 0.3 Percent in First Quarter Amid Recession Fears

The US economy is stalling and a new wave of recession fears is dragging down the stock market on Wall Street. Statistics also show that unexpectedly few jobs are being created and that inflation remains at a level that makes it difficult to stimulate growth with lower interest rates.

US GDP Falls 0.3 Percent in First Quarter Amid Recession Fears

China's Manufacturing Slows as Trade Tariffs Take Effect

The Chinese manufacturing industry is losing momentum in the wake of Donald Trump's trade tariffs. .

China's Manufacturing Slows as Trade Tariffs Take Effect

IMF Approves Loan to Argentina Amid Board Doubts and Political Ties

Indebted Argentina recently received the green light for a new giant loan from the International Monetary Fund (IMF). However, around half of the IMF board, which decides on the loan, felt doubts and believed that everything seemed predetermined from the start, according to several anonymous sources for the news agency Bloomberg.

IMF Approves Loan to Argentina Amid Board Doubts and Political Ties

Wall Street Rises for Third Day on Interest Rate Optimism

In two trading days in a row, the New York Stock Exchange had risen from weeks of ashes. It became a third day in a row when a renewed hope of lowered interest rates in the USA contributed to lifting stock prices.

Wall Street Rises for Third Day on Interest Rate Optimism

German Government Forecasts Zero Growth for 2025

Germany's government is lowering its growth forecast for 2025 to zero, from previously 0. 3 percent.

German Government Forecasts Zero Growth for 2025

US Finance Minister Anticipates Easing of China Trade Tensions

The US Finance Minister Scott Bessent has said at a meeting for investors that the trade war against China is unsustainable and that he expects the situation to be scaled down in a "very near future", according to sources. .

US Finance Minister Anticipates Easing of China Trade Tensions

USA Considers Recognizing Crimea as Russian in Peace Deal Talks

The USA is prepared to recognize the Ukrainian region of Crimea as Russian, as part of a broader peace agreement between Moscow and Kyiv, sources tell Bloomberg. .

USA Considers Recognizing Crimea as Russian in Peace Deal Talks

ECB Lowers Rates Again, More Cuts Expected This Year

The European Central Bank (ECB) is lowering its interest rates for the seventh time since June last year. And more rate cuts are expected during the year, which could open up for interest rate cuts also in Sweden.

ECB Lowers Rates Again, More Cuts Expected This Year

US Retail Sales Surge in March, Driven by Car Purchases

Retail sales in the USA rose sharply in March, driven by, among other things, increased car sales. The car boom suggests that American consumers are trying to get ahead of the Trump administration's announced 25-percent tariffs on imported cars, writes news agency Bloomberg.

US Retail Sales Surge in March, Driven by Car Purchases

Autoliv Navigates Trade Tariffs with Strong First-Quarter Performance

Autoliv performs better than expected in the first quarter. But the car safety company has since March found itself in the midst of the battlefield created in global trade by the Trump administration's tariffs.

Autoliv Navigates Trade Tariffs with Strong First-Quarter Performance

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

The uncertainty has increased sharply after all the drastic messages from USA's President Donald Trump lately, according to the CEO of the major bank Nordea, Frank Vang-Jensen. But he believes that the Nordic countries, companies, and households here are well-equipped to handle the situation.

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

China's Q1 Growth Exceeds Expectations Before Trade War Impact

China's growth was better than expected during the first quarter of the year. The trade war with the USA threatens, however, to slow down growth from this month onwards.

China's Q1 Growth Exceeds Expectations Before Trade War Impact

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.

Trump Eases Tariffs, Sparking Anticipated Stock Market Rally

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.

Stockholm Stock Exchange Rises 4.8% After U.S. Tariff Delay

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.

Ikano Bank Faces Police Report in Denmark Over Misleading 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.

Volvo CEO Calls Trump's Tariffs a Messy Challenge for Swedish Industry

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. .

Wall Street Gains as Investors Await Trump's Tariff Announcement