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Major Strike in US Ports – Container Chaos Threatens
Container chaos and delays threaten in the USA since dockworkers, just five weeks before the presidential election in the USA, have gone on a major strike. The strike can also create new inflation impulses in the world's largest economy.
Port Strike in the USA May Cause Freight Chaos
A giant strike among dockworkers risks creating consequences for the US economy. For households, it may in turn cause problems ahead of the coming Christmas.
JP Morgan bets on Nordic expansion
The New York-based major bank JP Morgan Chase & Co is recruiting personnel in the Nordic countries, to challenge North European banks on their home turf, reports the news agency Bloomberg. The focus is on corporate advisory services to medium-sized companies, says Jonas Wikmark, who is one of two heads of JP Morgan's Nordic unit.
The dollar is pressured ahead of the Fed's interest rate decision
The dollar is following the market interest rates in the USA downwards ahead of Wednesday's interest rate decision from the USA. The American currency now costs under 10.
Gasoline price continues to fall – lowest in three years
The oil price continues to fall to levels not seen since 2021. For both central banks and consumers, it is welcome news.
Mixed on the US stock exchange – banks weighed down
The leading indexes on the New York Stock Exchange went in different directions on Tuesday. The industrial-heavy Dow Jones index fell 0.
Upward Trend on the Stockholm Stock Exchange
The Trading Week began with rising prices on the Stockholm Stock Exchange. The OMXS index closed 0.
JP Morgan's share is falling – despite record profit
Three major banks on Wall Street have kicked off the reporting season in the USA. JP Morgan Chase & Co is falling in futures trading after the bank's quarterly figures – despite a record-breaking profit.
Stockholm Exergi in new agreement with major corporation
Stockholm Exergi has sold so-called permanent minus emissions for over 500 million kronor, the energy company announces in a press release. Among the buyer Frontiers' member companies are tech giants such as Alphabet and Meta.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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