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Data: 15,000 to leave Verizon
Business News

Data: 15,000 to leave Verizon

The American telecom giant Verizon has plans to reduce its workforce by 15,000 positions, according to information from the Wall Street Journal.
The stock market ended the week down
Business News

The stock market ended the week down

The Stockholm Stock Exchange started Friday trading higher, but prices fell after just an hour. The broad OMXS index closed down 0
Stockholm Stock Exchange steadily in the red
Business News

Stockholm Stock Exchange steadily in the red

The Stockholm Stock Exchange started Tuesday in the red and remained in that area for the rest of the day. At the close, the broad OMXS index had fallen 0
Yo-yo-like stock market closed in the red
Business News

Yo-yo-like stock market closed in the red

The Stockholm Stock Exchange opened the trading week in the red, turned green but lost steam again in the afternoon and closed in the red. The broad OMXS index fell 0
Electrolux surged on quiet stock market
Business News

Electrolux surged on quiet stock market

The Stockholm Stock Exchange's broad OMXS index hovered around zero on Thursday and closed up 0. 2 percent
A little sour on the stock market – but Ericsson lifted
Business News

A little sour on the stock market – but Ericsson lifted

Index-heavy Ericsson went against the grain in Wednesday's trading on the Stockholm Stock Exchange. The broad OMXS index fell 0
Nvidia Invests $1 Billion in Nokia for 6G and AI Partnership
Business News

Nvidia Invests $1 Billion in Nokia for 6G and AI Partnership

The American semiconductor company Nvidia invests 1 billion dollars (equivalent to 9. 4 billion kronor) in the telecom company Nokia, writes the Finnish company in a press release
Stock Market and Gold Decline as Storytel Shares Surge
Business News

Stock Market and Gold Decline as Storytel Shares Surge

The Stockholm stock exchange turned downward on a broad front, in line with major exchanges in Asia and Europe. The reporting companies Alfa Laval and Balder declined, while Storytel, on the other hand, surged after quarterly figures
Actor Jacob Ericksson Passes Away at 58 After Illness
Entertainment News

Actor Jacob Ericksson Passes Away at 58 After Illness

The actor Jacob Ericksson has passed away after a period of illness, announces The National Theatre.
Investor Calls for Higher Board Member Fees to Boost Competitiveness
Business News

Investor Calls for Higher Board Member Fees to Boost Competitiveness

Wallenberg sphere's power company Investor wants to increase the remuneration in the companies' boards more than usual. They earn too poorly in comparison with other countries, is the motivation
Ericsson and Canada Partner on $3 Billion Investment Initiative
Business News

Ericsson and Canada Partner on $3 Billion Investment Initiative

Industrial Giants Boost Stockholm Stock Exchange Amid Green Market Trend
Business News

Industrial Giants Boost Stockholm Stock Exchange Amid Green Market Trend

The Stockholm stock exchange continued upwards on Wednesday. The OMXS index closed at a plus of 0,7 percent
Ericsson Surges 18 Percent Amid Sideways Stockholm Stock Market
Business News

Ericsson Surges 18 Percent Amid Sideways Stockholm Stock Market

The Stockholm stock exchange was traded sideways on Tuesday, just like the day before. The broad OMXS index closed at plus 0
Ericsson Stock Soars 15 Percent Amid Profit Surge and Dividend Outlook
Business NewsTop News

Ericsson Stock Soars 15 Percent Amid Profit Surge and Dividend Outlook

Telecom giant Ericsson more than doubles the profit in the third quarter and flags for increased dividend next year. The forecast for the fourth quarter looks slightly stronger than expected
Stockholm Stock Exchange Faces Potential Setbacks Amid Reporting Season
Business News

Stockholm Stock Exchange Faces Potential Setbacks Amid Reporting Season

The Stockholm stock exchange's reporting season is approaching. The risk of setbacks and stock market declines is significant, according to several market analysts
Stockholm Stock Exchange Rises Despite New Trump Tariff Threats
Business News

Stockholm Stock Exchange Rises Despite New Trump Tariff Threats

Despite new tariff threats from US President Donald Trump, the Stockholm stock exchange ended the week up. The broad OMXS index closed at a plus of 0
Ericsson Boosts Stockholm Stock Market Amid Interest Rate Cut
Business News

Ericsson Boosts Stockholm Stock Market Amid Interest Rate Cut

The Stockholm stock exchange rose on Tuesday after the Swedish Central Bank's announcement of a reduction in the interest rate. The broad OMX index lifted 0
Ericsson Secures Multibillion Deal with Vodafone for 5G Network Expansion
Business News

Ericsson Secures Multibillion Deal with Vodafone for 5G Network Expansion

The telecom company Ericsson has entered into an agreement worth 12. 5 billion kronor with the British telecom operator Vodafone Three to deliver equipment to the next generation mobile network
Saab Shares Drop 4.9 Percent Amid Stockholm Stock Exchange Gains
Business News

Saab Shares Drop 4.9 Percent Amid Stockholm Stock Exchange Gains

Stockholm stock exchange's rise on Thursday with ABB and Ericsson as locomotives. The broad OMXS index went up 0
Ericsson Completes Sale of US Subsidiary Iconectiv for 9.9 Billion Kronor
Business News

Ericsson Completes Sale of US Subsidiary Iconectiv for 9.9 Billion Kronor

Wallenberg AI Center to be Established in Linköping
Business News

Wallenberg AI Center to be Established in Linköping

Now the Wallenberg companies have made up their minds. The new AI centre is placed in Linköping
Stockholm Stock Exchange Rises as Week Begins with Gains
Business News

Stockholm Stock Exchange Rises as Week Begins with Gains

After three trading days in decline, the Stockholm stock exchange started the week with increases. At the close, the broad OMXS index was up 0,7 percent
Stockholm Stock Market Falls 0.7% After US-EU Tariff Deal
Business NewsTop News

Stockholm Stock Market Falls 0.7% After US-EU Tariff Deal

Sunday's customs agreement between the USA and EU was initially received positively by the Stockholm stock exchange on Monday morning. But at closing, the OMXS index had fallen by 0
Uncertainty Dominates Stock Market After Key Reporting Week
Business News

Uncertainty Dominates Stock Market After Key Reporting Week

Summer's really heavy reporting week is completed. The professionals see a consistent theme: uncertainty
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