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Multiple data cables in the Baltic Sea damaged
The submarine cable C-Lion 1, which runs between Helsinki in Finland and Rostock in Germany, has been cut off. Also, a cable between Sweden and Lithuania has been damaged.
The Government Sells – Vehicle Inspection Gets German Owner
The Government is selling the Vehicle Inspection Department to a German company for 1. 2 billion kronor.
The Stockholm Stock Exchange closed on a plus
It was a half-day on the Stockholm Stock Exchange, which closed at 1 pm with a plus. The broad OMXS index rose by 0.
Telia among losers on weak stock market
The Stockholm stock exchange fell on Wednesday, with among others the measurement technology conglomerate Hexagon and the telecom company Telia declining. The broad OMXS index dropped 1.
Gaming companies surged on report-heavy stock exchange
The Stockholm Stock Exchange fluctuated up and down on the season's most report-filled trading day. Upwards pulled the gaming company Evolution, while the major banks weighed down.
Profit Boost for Telia
The mobile operator Telia, with the Swedish state as the largest owner, made an operating profit of 3. 9 billion kronor in the third quarter of the year.
TV4 takes over the top league
The Allsvenskan and Superettan are getting a new home. From 2026, the matches will be broadcast by TV4.
These are the risks on the stock market right now
It looks shaky ahead of the reporting season, which kicks off this week. The German automotive industry has set the tone with a series of profit warnings.
The Stock Exchange Ended a Negative Week on a Plus
Movements were small on the Stockholm Stock Exchange until Friday's last trading hours, when prices turned upwards. The broad OMXS index closed at a plus of 0.
Down on the stock exchange – tough for Volvo Cars
The Stockholm Stock Exchange started the week with falling prices. Among the losers, Volvo Cars stood out, which retreated after new profit warnings from the industry.
Slightly Down on the Stock Exchange – Boost for Hexagon
The Stockholm stock exchange closed slightly down after a trading day characterized by small movements. The OMXS-index fell by 0.
Telia doubles its cash flow target
The CEO of Teliachef Patrik Hofbauer raises the bar for profitability for the group after the major downsizing package presented at the beginning of September. The target for cash flow is significantly increased.
Stock Market Weakens Ahead of the Weekend
Thursday's interest rate party turned into a recoil downwards on the Stockholm Stock Exchange. The OMXS index fell by 0.
Telia terminates collaboration with teleservice company
After previously pausing its collaboration with the criticized teleservice company Effective Communication, Telia is now terminating its collaboration with the company. "Based on the information that has emerged in the media and the investigation that has been conducted, we have decided to completely terminate the collaboration with Effective Communication, which takes effect immediately", writes Roija Rafii, press chief at Telia Sweden, in an email to TT.
Strong stock market upswing following lowered US interest rate
The risk appetite on the market seems to have gained new strength. The Stockholm Stock Exchange rose sharply and broadly following Wednesday's unexpectedly large interest rate cut by the US central bank Federal Reserve (Fed).
Telecom Company Pauses Collaboration with Telecom Service Company
More and more companies are choosing to temporarily suspend their collaboration with the criticized Effective Communication following the revelations about how the telecom company conducted sales of the Social Democratic Party's lottery tickets. Now, both Tele2 and Telia have decided to pause their collaboration with Effective Communication.
After Lottery Scandal - Postcode Lottery Pauses
The revelation surrounding the telemarketing company Effective Communication and their sale of the Social Democratic Party's lottery tickets is now prompting Svenska Postkodlotteriet to take action. With immediate effect, the collaboration with the criticized company is being paused, according to press chief Roger Magnergård to TT.
H&M Tops Stockholm Stock Exchange
The Stockholm Stock Exchange is rising on Thursday. The broad index is trading just before 3:00 pm at a plus of 1 percent.
Analyst: Surprised that Telia dares
Telia's massive cost-cutting package, where 3,000 employees will be laid off, can be positive for profitability, but also entail risks for revenue, according to analyst Joni Grönqvist. I don't think many would have believed that Telia dares to make such drastic decisions, he says.
The stock market fell across the board
A new wave of concern for recession in the USA swept over the market on Wednesday, and the Stockholm stock exchange fell broadly. The OMXS index fell 1.
The stock market falls across the board
A new wave of recession fears in the USA is sweeping over the market. The Stockholm stock exchange is falling across the board.
Major Layoffs at Telia – 3,000 Jobs to Go
Telia will reduce the workforce by 3,000 people by 2024. The aim is to achieve savings of 2.
The Stock Exchange Started September Downwards
The Stockholm Stock Exchange began the month of September on a downward trend, and fell by 0. 3 percent.
Clear surge on the Stockholm Stock Exchange
The Stockholm Stock Exchange index rose by 0. 7 percent on Friday.
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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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