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Customer protests prompted Swedish banks to abandon animal factories
Sweden News

Customer protests prompted Swedish banks to abandon animal factories

Several Swedish banks have sharply reduced their investments in global meat companies after protests from customers. But almost a billion kronor of Swedish savings is still invested in companies with poor animal husbandry, according to a new review
Rally for Ericsson as Stockholm stock market stays cautious
Business News

Rally for Ericsson as Stockholm stock market stays cautious

Telecom company Ericsson's shares rose sharply on the last trading day of the week, while the Stockholm Stock Exchange as a whole hovered near zero. The broad OMXS index rose 0
Warning: Greenland crisis could change the game plan
Business News

Warning: Greenland crisis could change the game plan

Swedish growth is picking up this year, according to the latest estimates by three major banks. However, the Greenland crisis has increased the risk of a major setback if it leads to a full-blown trade war between the US and the EU and challenges NATO cooperation
New billion-dollar dividends expected from stock market giants
Business NewsTop News

New billion-dollar dividends expected from stock market giants

Expect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor
Stock market crash expected after tariff threats - here's what you should think
Business NewsTop News

Stock market crash expected after tariff threats - here's what you should think

A price drop is expected when stock markets open on Monday after a new US tariff threat against Europe, but it could be short-lived. Experience suggests this after a year of constant threats from Donald Trump, analysts say
Swedbank rises after US Department of Justice closes investigation
Business News

Swedbank rises after US Department of Justice closes investigation

Swedbank is rising sharply on the Stockholm Stock Exchange. This comes after the major bank avoided a hefty fine from the US Department of Justice
The stock market rose - Swedbank pulled the strings
Business News

The stock market rose - Swedbank pulled the strings

The Stockholm Stock Exchange's broad OMXS index rose 1. 7 percent on Thursday, led by Swedbank
US Department of Justice closes investigation into Swedbank without action
Business News

US Department of Justice closes investigation into Swedbank without action

The US Department of Justice has closed its investigation into Swedbank "without action," Swedbank said in a press release.
Dollar plunges after Trump threatens Fed chief
Business News

Dollar plunges after Trump threatens Fed chief

Market anxiety spreads after the news that the U. S
Service sector slows slightly in December
Business News

Service sector slows slightly in December

The high level of activity in the services sector slowed somewhat in December, according to the Purchasing Managers' Index from Swedbank and Silf.
Swedish industry is gearing up as PMI rises to 55.3 in December
Business News

Swedish industry is gearing up as PMI rises to 55.3 in December

The Purchasing Managers' Index for Swedish industry rose to 55. 3 in December, up from 54
Stockholm stock market slightly up ahead of the Christmas holiday as Saab rises
Business News

Stockholm stock market slightly up ahead of the Christmas holiday as Saab rises

The Stockholm Stock Exchange rose slightly ahead of the Christmas holiday. The OMXS index closed up 0
The stock market ended the week in positive territory
Business News

The stock market ended the week in positive territory

The Stockholm Stock Exchange ended the week slightly higher. The OMXS index rose 0
Riksbank: Then it leans towards an interest rate hike
Business NewsTop News

Riksbank: Then it leans towards an interest rate hike

The Riksbank will leave the key interest rate unchanged at 1. 75 percent
Swedish banks must review risks in Baltic countries
Business News

Swedish banks must review risks in Baltic countries

The major Swedish banks Swedbank and SEB operate their operations in the Baltic countries with increased risks, according to the European Central Bank (ECB), sources say.
Stockholm Stock Exchange fell after Wall Street opened
Business News

Stockholm Stock Exchange fell after Wall Street opened

The Stockholm Stock Exchange lost its breath in the final hours of the trading week after the New York Stock Exchange opened sour. At the close, Stockholm's broad OMXS index had fallen 0
They had the cheapest mortgages in November
Business News

They had the cheapest mortgages in November

The average interest rate for variable mortgages was 2. 65 percent in November, according to a review from the comparison service Zmarta
Stockholm Stock Exchange rises – hopes for lower US interest rates
Business News

Stockholm Stock Exchange rises – hopes for lower US interest rates

The Stockholm Stock Exchange rode a wave of stock market gains around the world. The appetite for stocks is increasing as more and more people expect an interest rate cut in the US next week
Unexpected big boost in the service sector
Business News

Unexpected big boost in the service sector

Activity in the services sector increased significantly in November, according to a purchasing managers' index from Swedbank and Silf. The index rose to 59
The Stockholm Stock Exchange saw red after jobs figures in the US
Business News

The Stockholm Stock Exchange saw red after jobs figures in the US

The Stockholm Stock Exchange fell from a slight plus to minus after unexpectedly weak jobs figures for November in the US. At the close, Stockholm's broad OMXS index had fallen 0
Temperatures are dropping in the industry
Business News

Temperatures are dropping in the industry

The temperature in Swedish industry dropped in November, according to a purchasing managers' index for November from Swedbank and Silf. "Swedish industry continues to be in an expansionary phase, although the pace has slowed somewhat," says Jörgen Kennemar, responsible for the analysis of the purchasing managers' index at Swedbank, in a press release
Banks unclear when mortgage discount will expire
Business News

Banks unclear when mortgage discount will expire

Banks are required to inform their customers at least one month before the interest rate discount on mortgages expires. However, Ekonomiekot reports that the banks are lacking in clarity
The stock market ended the week down
Business News

The stock market ended the week down

The Stockholm Stock Exchange started Friday trading higher, but prices fell after just an hour. The broad OMXS index closed down 0
No new court hearings with Bonnesen
Business News

No new court hearings with Bonnesen

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