The temperature in Swedish industry has risen to its highest level since spring 2022, according to the purchasing managers' index compiled by Swedbank and Silf.
BusinessThe Stockholm Stock Exchange fell by 0.6 percent in trading dominated by quarterly reports and shares trading without the right to upcoming dividends. It marked the eighth consecutive trading day in the red.
BusinessThe new loan rules attracted customers to borrow more - they increased their existing loans before that ceiling was lifted on April 1. This is according to the CEO of Swedbank, who is announcing a savings package that will reduce the workforce.
BusinessTaxes have been lowered, but skyrocketing costs mean that the relief still doesn't show up in people's wallets. When the government's support for households in recent years is combined, there are both winners and losers - and concerns are rising. Many people are still having a tough time, says Madelén Falkenhäll of Swedbank.
BusinessThe Stockholm Stock Exchange fell on Thursday, with the broad OMXS index down 0.3 percent. Major banks fell.
BusinessThe Supreme Court overturned the Court of Appeal's verdict and acquitted Swedbank's former CEO Birgitte Bonnesen of all criminal charges. "An innocent person has been acquitted," Per E Samuelson, Bonnesen's lawyer, told TT.
BusinessMore Swedes are choosing to fix their mortgage interest rates in the wake of the war in Iran. A clear trend shift is visible among SBAB's customers. The proportion choosing to fix their interest rates reached a record high in March, says Linda Hasselvik, the state mortgage bank's private and housing economist.
Business