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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.
Trump's Order: Stop Climate Work Immediately
The USA's catastrophic responsibility authority has been ordered to discontinue all work related to climate change. .
Trump pauses prosecution for bribery abroad
President Donald Trump has ordered the US Department of Justice to stop prosecuting Americans suspected of having violated federal American legislation against bribery of foreign officials. This will mean significantly more business for the USA, says Trump.
India's Central Bank Lowers Interest Rate
India's central bank lowers the interest rate to 6. 25 percent from the previous 6.
Amazon both meets and disappoints expectations
The American e-commerce giant Amazon partially exceeded expectations in its quarterly report after the stock market closed in New York on Thursday. However, the company also provided several announcements that were received negatively and the stock fell in after-hours trading.
Tesla's sales plummet in Germany
The American electric car manufacturer Tesla's sales in Germany crashed in January, when 1,277 new Tesla vehicles were registered according to German authorities. .
Spotify exceeds expectations – the stock surges
Spotify's share – already one of the year's winners on Wall Street – is surging upward after the streaming service's 2024 financial report. The company is setting records for profit and profitability – and is also exceeding expectations regarding the number of users.
New Record for the Gold Price
The gold price reaches new record levels. It went up on Thursday to 2,798.
Unexpectedly Strong Nordea Report Impresses
The stock exchange is not particularly impressed by the major bank Nordea's financial report. The share barely moves at all, despite reports showing that the bank is doing slightly better than expected and that the dividend will be increased again this year.
Tech companies can profit from Chinese AI breakthrough
It is far from all tech giants that have taken a beating after the unexpected Chinese AI breakthrough, with Deepseek. Apple and Meta - among the largest players in the sector - can instead rejoice at rising stock prices after the news of good, but significantly cheaper AI models.
Reporting the S-Leader to the Constitutional Committee
The Moderate Party reports S-leader Magdalena Andersson, formerly among others Finance Minister, to the Constitutional Committee (KU). The party believes that there are question marks surrounding the AP funds' investments in the crisis-stricken battery manufacturer Northvolt.
Netflix beats expectations – stock soars
Netflix beats market expectations in the quarterly report for the fourth quarter last year. The stock surges strongly in after-hours trading on the New York Stock Exchange.
Oil and dollar cheaper after Trump's speech
The absence of aggressive tariff hike rhetoric in Donald Trump's presidential inauguration speech had effects on the closed markets in New York over the weekend. The dollar and oil prices fell, and stock prices rose in early trading.
Mass Layoffs at Oil Giant
The oil giant BP is getting rid of 4,700 employees as well as 3,000 consultants in connection with a comprehensive savings package. The information has been sent out to the employees in an email that the news agency Bloomberg has taken part of.
Thedéen: Likely with another interest rate cut
It is likely that the interest rate will be lowered again within six months, according to the Central Bank Governor Erik Thedéen. .
Two British Interest Rate Cuts in Sight
Inflation in the UK fell for the first time in three months in December, down to 2. 5 percent, according to figures from the statistics agency ONS.
Upswing for Chocolate Sales – Increased Revenue
The Swiss chocolate manufacturer Lindt & Sprüngli rises by approximately 4 percent on the Zurich stock exchange after an unexpectedly strong sales trend in 2024 and a positive forecast for 2025. The report confirms Lindt's strength in terms of pricing and continued progress in terms of market shares, according to Jean-Philippe Bertschy at the investment bank Vontobel.
"A lot to gain" for Musk with a Tiktok purchase
Elon Musk may be on his way to take over Tiktok – at least the company's American operations. He gets access to a lot of user data from 170 million American Tiktok users, says media strategist Brit Stakston.
Tough start to the year for Chinese stock exchanges
The Chinese stock exchanges have not had the most brilliant start to the new year. The CSI 300 index, which includes shares on both the Shanghai and Shenzhen stock exchanges, has lost over five percent in the first seven trading days – the worst outcome since 2016, according to the news agency Bloomberg.
Unexpectedly strong Swedish growth - "good news"
The Swedish economy grew unexpectedly much in November, up 1. 4 percent compared to the previous month.
Weaker retail trade in the eurozone than expected
Retail trade in the eurozone increased by 0. 1 per cent in November compared to the previous month, according to the statistics agency Eurostat.
Unexpected decline for German factories
The order intake at German factories fell more than expected in November – by 5. 4 percent compared to the previous month.
Now the figure is coming that can determine your mortgage rate
Another batch of inflation figures is on the way, this time for December. How much prices rose in December can determine the interest rate situation going forward.
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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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