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The Gaming Company's Stock Soars - Confirms Purchase Inquiry
The Japanese media company Kadokawa – which controls the "Elden Ring" developer From Software – is surging on the Tokyo Stock Exchange, following reports that electronics giant Sony may be on its way to acquire the company. .
Ericsson CEO Börje Ekholm open to relocating headquarters to the USA
Europe is one of the world's weakest telecom markets. This is according to Ericsson CEO Börje Ekholm in an interview in New York with the news agency Bloomberg.
Apotea to be listed on the stock exchange soon
The online pharmacy Apotea plans to list its shares on the Stockholm Stock Exchange during the fourth quarter of this year, according to the company. No new capital from the owners is planned in connection with the listing.
Shareholders' Meeting at Northvolt
The battery manufacturer Northvolt called an shareholders' meeting on Wednesday to discuss the financial crisis and attempts to raise more money, reports the news agency Bloomberg with reference to sources with insight. The meeting concerned attempts to secure a rescue package of around 300 million dollars (equivalent to nearly 3.
Inflation upswing does not threaten interest rate cuts
Inflation, according to the measure KPIF, rose in October to 1. 5 percent.
Trump's company is soaring on the stock exchange
The share in Trump Media & Technology – Donald Trump's media company – is soaring in futures trading on the New York Stock Exchange. Trump's company, which operates the social platform Truth Social, is up 50 percent to over 51 dollars per share, according to CNBC.
Stock Market Euphoria as Trump Heads for Victory
It is still not entirely decided, but Donald Trump is heading for victory in the American election. This gets the financial markets in the USA to rejoice and the dollar to strengthen.
The Service Sector Takes a Step Up
The Purchasing Managers' Index for the private service sector rose to 52. 9 in October, from 49.
The Norwegian krone is the weakest in the "currency class"
The Swedish krona has developed weakly against the American dollar, but there is a currency that is significantly worse, namely the Norwegian. Since the turn of the year, the Norwegian krona has lost over eight percent in value against the dollar, which is the worst development among the ten most traded currencies in the world, writes the news agency Bloomberg.
Russian robots struck Kharkiv police station
The police station in the metropolis of Kharkiv in eastern Ukraine was hit by two Russian robots on Friday evening. A police officer was killed in the attack.
Lower Inflation in the USA
Inflation in the USA amounted to 2. 1 per cent in September according to the so-called PCE measure.
The Stockholm Stock Exchange Ended in the Minus
After starting Tuesday on the plus side, the Stockholm Stock Exchange turned around and at the close, the broad OMXS index was down 0. 5 percent.
The Trade Union: Volkswagen Wants to Close Several Factories
Volkswagen is planning to close at least three factories in Germany, according to the car group's union. .
Record-high interest rate in Russia after shock hike
Russia's central bank is taking action with an interest rate hike of 2 percentage points to a record high of 21 percent – higher than when it was raised in connection with President Vladimir Putin's order for a full-scale attack on neighboring country Ukraine in 2022. Rapid price increases in the Russian economy are behind the tightening.
NCC Exceeds Expectations
The construction company NCC reports a profit before tax of 612 million kronor for the third quarter of the year. This can be compared to 771 million during the third quarter last year.
Philip Morris raises forecast – Zyn boosts
American Philip Morris International, with brands such as Zyn and Marlboro in its portfolio, is raising its profit forecast. Sales successes for alternative products to cigarettes – such as the tobacco-free snus brand Zyn and the smoke-free tobacco product Iqos – contribute to the development.
Nordea's CEO sees positive signals
The major bank Nordea's share price surges significantly on the stock exchange following unexpectedly strong figures in the report for the third quarter. CEO Frank Vang-Jensen sees plenty of positive signals in Sweden – and the Nordic region.
Decreased profit for Nordea – but better than expected
Net interest income and profit are being pushed down for Helsinki-based major bank Nordea, but not as much as feared. Business volumes are stable and customer activity is good, according to CEO Frank Vang-Jensen.
Higher producer prices than expected in the USA
Producer prices in the USA rose by 1. 8 per cent year-on-year in September, according to a report from the USA's Labour Department.
American giant banks exceed expectations
The American giant bank JP Morgan Chase & Co reports a result per share of 4. 37 dollars for the third quarter.
Northvolt source: 150 million euros secured
Crisis-ridden Northvolt is holding talks with lenders and investors to raise 200 million euros, approximately 2. 3 billion Swedish kronor, according to several media outlets citing the news agency Reuters.
Apotea is heading for the stock exchange
The online pharmacy Apotea is considering listing the company's share on the Stockholm Stock Exchange as early as this year, reports news agency Bloomberg, citing several anonymous sources. The listing could bring in around 2-3 billion kronor, according to the sources.
After the Giant's Profit Warning - More to Come
For the second time this year, car giant Volkswagen is forced to issue a profit warning. More similar announcements are to be expected for a crisis-stricken German car industry, according to an analyst.
Inflation falls in the USA
Inflation in the USA amounted to 2. 2 per cent in August according to the so-called PCE measure.
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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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