The war between Iran and Israel and the crisis in the Strait of Hormuz have rocked global oil markets. Now Syria hopes to open an oil pipeline from Iraq to the Mediterranean and thereby establish itself as a force in the energy market. But the challenges are many.
WorldThe Iran war and the crisis around the Strait of Hormuz have shaken global oil markets. Now Syria hopes to open an oil pipeline from Iraq to the Mediterranean and thereby establish itself as a player in the energy market. But the challenges are many.
WorldSkandiabanken offered the lowest variable mortgage rate to its customers in July. Among the major banks, Nordea's average variable rate was the highest.
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 big names on the Stockholm Stock Exchange have laid their cards on the table for the second quarter. The reports point to profit growth and a strong stock market year. But the joker in the Middle East could spoil the party.
BusinessIncorrect reports can cause billions of dollars in losses on the stock market - something that happened when the news agency Bloomberg got Nordea's figures wrong. If there is an incorrect flash, there can be quite large price effects, especially in a somewhat thin summer market, says Lars Söderfjäll, head of equities at the Bank of Åland, to TT.
BusinessThe major banks are currently earning less on customers' mortgages. They are making that up with savings. Savings seem to be a profit driver for the banks at the moment, says Maria Landeborn, stock market strategist at Danske Bank.
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