Slight uptrend on the Stockholm Stock Exchange as OMXS index rises 0.2 percent
The Stockholm Stock Exchange recovered on Wednesday, with a morning decline followed by a slight rise. The broad OMXS index rose 0.2 percent.
BusinessTop news
Ericsson CEO Börje Ekholm to step down, replaced by Per Narvinger
Ericsson CEO Börje Ekholm is stepping down. He is being replaced by Per Narvinger, who has worked at the company since 1997. Ekholm has been both praised and questioned during his more than nine years at the helm. It was a long-term emergency solution that has now begun to bear fruit, says Sverre Linton, general counsel at Aktieägarna.
Technology
Nvidia news hits Ericsson and Nokia shares
Telecom companies Ericsson and Nokia plummeted on the stock market after investment bank ABG Sundal Collier wrote in an analysis that U.S. chipmaker Nvidia is developing a chip that could eventually hit them. But, according to major bank JPMorgan, the price drop is unjustified.
Technology
KU review of the government ends in major row between Tidö parties and the opposition
There is a major row between the Tidö parties and the opposition after the Riksdag's constitutional committee failed to agree on criticisms in the KU's annual review of the government. At the same time, there are sharp criticisms of several cabinet ministers, their shareholdings and the so-called Landerholm affair.
Swedish politics
Ericsson sinks as Stockholm Stock Exchange falls
The Stockholm Stock Exchange perked up after a sour start, but then lost steam again. At the close, the broad OMXS index fell 1.1 percent - with telecommunications manufacturer Ericsson as the biggest loser.
Technology
Ericsson's success - on the podium and proud
Marcus Ericsson had his best race in IndyCar this season and finished second. "I'm proud," the Swede says.
Sports
Stockholm Stock Exchange down after volatile trading
The Stockholm Stock Exchange fluctuated on Friday. The broad OMXS index closed down 0.6%.
Business
Ericsson moves headquarters from Kista to Hagastaden
Telecom giant Ericsson is moving its headquarters from Kista to Hagastaden.
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