Russian Finance Minister Anton Siluanov was physically present at his first G20 meeting since Russia's full-scale attack on Ukraine in 2022 on Monday. But when the traditional "family" photo at the meeting - in Asheville, North Carolina, USA - was to be taken, leading European ministers stood in the way. Siluanov was not allowed to attend, the Financial Times reports.
BusinessFirst a complete collapse. Then a strong recovery. Fashion giant Shein's stock market debut was very shaky.
BusinessAfter several years of losses, Victoria Beckham's fashion company is now showing a profit for the first time.
BusinessBoston-based Harvard Business School, part of Harvard University, has looked into the possibility of moving master's programs to Europe and Canada, the Financial Times reports.
BusinessThe price of oil tankers - both newly built and on the secondary market - has surged to more than SEK 1.2 billion per vessel in the wake of the Iran war. These are the highest price levels since 2008.
BusinessNearly four years of massive investments in AI infrastructure around the world are about to become an interest-rate shock for highly leveraged households and companies in Sweden. Gigantic loans are needed to keep pace with the investments. This is increasing global upward pressure on long-term market interest rates.
BusinessChelsea co-owners Todd Boehly and Mark Walter want to sell their shares in the club, the Financial Times reports.
SportsPersonal information for nearly 14,000 crypto holders has been exposed in a data leak at a shipping company linked to Trezor hardware wallets, the Financial Times reports.
BusinessHotel prices in Spain and Iceland are soaring ahead of Wednesday's solar eclipse, the Financial Times reports.
BusinessThe Arctic has become a faster alternative for ships carrying goods between Europe and Asia, reports the Financial Times. This week, the Chinese Sea Legend will begin regular traffic on what the shipping company calls the “ice side route” through the Arctic Ocean.
BusinessPharmaceutical giant AstraZeneca is not in talks over a deal with rival Bristol Myers Squibb, according to information provided to Reuters. Earlier this week, the Financial Times reported that the pharmaceutical giants were discussing a merger.
BusinessThe Stockholm Stock Exchange started the trading day clearly higher, but then turned sour. At the close, the broad OMXS index had fallen 0.1 percent.
BusinessThe Stockholm Stock Exchange started the trading week with a clear rise. At the close, the OMXS index was up 0.8 percent. AstraZeneca went against the grain and sank on merger rumors.
BusinessPharmaceutical giant AstraZeneca is discussing a merger with American competitor Bristol Myers Squibb, according to the Financial Times. AstraZeneca's share price is plunging on the Stockholm Stock Exchange. It doesn't fit neatly into the business dynamics, says Johan Unnerus, pharmaceutical analyst at SB1 Markets.
BusinessGas stations are reportedly Russia's new target in the war against Ukraine. More than 200 gas stations have been destroyed this summer, writes the Financial Times.
WorldLicense-producing the American Patriot air defense system is high on Ukraine's wish list. But the American side is expressing doubts - Donald Trump says he is "not sure".
WorldFIFA is planning to sell shares in the World Cup to private investors. This has angered the European Football Association. "This means crossing a line - a line that football's governing body should never cross. Uefa takes the matter very seriously," Uefa writes.
SportsAs heat waves and forest fires increase in southern Europe, interest in the Nordic region as a travel destination is growing, the Financial Times writes.
BusinessChina is considering tightening export controls on semiconductors and AI technology, the Financial Times reports.
BusinessColombia's cocaine production has tripled in ten years. But it is no longer the leftist guerrilla group Farc, long associated with production, that is behind it, but armed groups with other motives. Now we are dealing with groups that are primarily driven by economic interests, says Nora Taquanas, leader of an indigenous community in Colombia.
WorldTwo companies, Stripe and Advent, have bid more than $53 billion, or just over SEK 513 billion, for payment services company PayPal, the Financial Times reports.
BusinessThe American chip manufacturer Nvidia - the world’s most valuable listed company - has more than halved the number of Asian customers allowed to buy chips for artificial intelligence (AI) equipment, reports the Financial Times.
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