Ericsson Shares Rise 6.8% as Stockholm Market Falls for a Second Day
The decline on the Stockholm Stock Exchange continued. Ericsson went against the trend on Thursday, surging 6.8 percent after its report.
TechnologyThe decline on the Stockholm Stock Exchange continued. Ericsson went against the trend on Thursday, surging 6.8 percent after its report.
TechnologyThe European Central Bank (ECB) is raising its key interest rate by 0.25 percentage points, as expected, and is keeping the door open for more hikes. The ECB's economists are raising their inflation forecast for the next two years.
BusinessDeutsche Bank's London branch is being fined for violating British sanctions rules against Russia in 2022, Reuters reports.
BusinessAfter decades on the run, Baader-Meinhof member Daniela Klette was arrested in Berlin. Now the "RAF pensioner" is being charged with new crimes - including a machine-gun attack on the US embassy in Bonn in 1991.
WorldPolice and prosecutors raided Deutsche Bank's offices on Wednesday. Authorities suspect that an unknown number of employees may have been involved in money laundering.
BusinessDanish pharmaceutical giant Novo Nordisk's shares rise by almost 7 percent.
BusinessThe New York Stock Exchange closed sharply lower on Tuesday, as concerns about high stock valuations, especially in AI-related companies, spread after warnings from the heads of major investment banks.
BusinessStockholm Stock Exchange's upswing came to an end on Monday afternoon. Broad OMXS-index closed at minus 0.1 percent.
BusinessThe introduction of increased capital requirements for banks engaged in securities trading is being postponed until the start of 2027. This is confirmed by a spokesperson for the EU Commission to the news agency Bloomberg.
BusinessTwo weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases. And as for the outlook ahead, one might have feared worse considering the trade war, says Lars Söderfjell, equity manager at Ålandsbanken.
BusinessLong American market interest rates have turned sharply upwards after the Trump administration's tariff shock last week. If it holds, support purchases by the USA's central bank Federal Reserve (Fed) will be required to avoid a crisis, warns the major bank Deutsche Bank – a heavy market player.
BusinessFor thirty years, she evaded the German police. Now, 66-year-old Daniela Klette, a member of the notorious Baader-Meinhof gang, is facing trial for six armed robberies and at least one attempted murder. The arrest last year took place in spectacular fashion.
WorldThe stock market is expected to shake off concerns about the economy, inflation, tariffs, and wars. Professionals are counting on a dividend party ahead of this year's first reporting season. And the stock market year is looking significantly brighter than 2024.
BusinessWar in Ukraine and the Middle East, exacerbated trade conflicts and weak global growth prospects. The world economy – and thereby export-dependent economies like the Swedish – is facing a challenging 2025.
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