Holmen to lay off around 50 workers as it plans to close sawmill near Skellefteå
Forest industry group Holmen is laying off around 50 employees at its sawmill in Kroksjön, outside Skellefteå.
Business
Stock Market Rises After US-UK Trade Agreement Announcement
The Stockholm stock exchange was boosted by a surge of stock market upswings that rolled over the world on Thursday. The broad OMXS index rose 0.7 percent. The risk appetite increased since the USA's president Donald Trump flagged a major trade agreement with the United Kingdom.
Business
Sweden Warns of Economic Impact from Trump's Tariffs, Eyes Short-Term Work
The government warns of enormous consequences of Trump's tariffs and growth will have to be written down. This is harmful to the Swedish economy, says Finance Minister Elisabeth Svantesson (The Moderate Party). One measure to support companies may be short-term work – similar to what existed during the pandemic.
Business