Ericsson Shares Rise 6.8% as Stockholm Market Falls for a Second Day
The decline on the Stockholm Stock Exchange continued. Ericsson went against the trend on Thursday, surging 6.8 percent after its report.
Technology
Kinnevik CFO Samuel Sjöström to leave as Helena Saxon takes over as CEO
Kinnevik's CFO Samuel Sjöström will leave his position when Helena Saxon takes over as the new CEO of the Stenbeck sphere's investment company in August.
Business
Tele2's major owner buys French telecom SFR in billion-dollar deal
Tele2's major owner, Xavier Niel, is buying French telecom competitor SFR through his company, the Iliad Group. The deal is worth just over SEK 222 billion.
Business
Helena Saxon will be the new CEO of Kinnevik
Kinnevik has appointed Helena Saxon as its new CEO, the company in the Stenbeck sphere said in a press release. She will take office on August 1.
Business
Hopes for an end to the war send Stockholm stock market up
The Stockholm Stock Exchange started the trading week clearly up across the board amid hopes for a deal between the US and Iran.
Business
Wallenberg to business leaders: Stop hiding
The chairman of the Confederation of Swedish Enterprise, Jacob Wallenberg, urges Swedish entrepreneurs to appear more often in the media. It is important that they make their voices heard and not just sit around clenching their fists, he tells TT.
Business
Wallenberg says Europe must carve out its own role
Europe must break free from its dependence on the U.S. due to the troubled world situation. This is the view of Jacob Wallenberg, chairman of the Confederation of Swedish Enterprise. Europe must carve out its own role. "We have often stood in the shadow of the U.S.," he said at an event in central Stockholm.
Business
Kinnevik's fortune declined sharply in the first quarter as net asset value decreased by 22% to SEK 27.9 billion
Kinnevik, the Stenbeck family's investment company, saw its wealth shrink sharply in the first quarter.
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