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UN Report: Volvo's Role in Palestinian Displacement Highlighted
In a new [report](https://www. ohchr.
Sweden Donates New Archer Artillery Barrels to Ukraine
Sweden will donate, among other things, new barrels for the Archer artillery system to Ukraine. Those already in use in the war are being worn out.
Svantesson: Young Swedes Losing Faith in Future Amid Challenges
Minister for Finance Elisabeth Svantesson (The Moderate Party) says that something has broken in Sweden and that young people have lost faith in the future. Sweden is in many ways fantastic, but there is something that grates, she says in her Almedalen speech.
Volvo Sells SDLG Shares for 8 Billion Kronor, Acquires Swecon
Machine manufacturer Volvo Construction Equipment (Volvo CE) – a part of the Volvo Group – sells its shares in Chinese Shandong Lingong Construction Machinery (SDLG) and instead takes over the dealer Swecon from Lantmännen. .
Shaky Ceasefire Boosts Stockholm Stock Market as Oil and Gold Prices Fall
The Stockholm stock exchange rose on a broad front on Tuesday. What appears to be a shaky ceasefire after twelve days of war between Israel and Iran increased the investors' risk appetite.
Volvo Recalls Thousands of Cars in Sweden for Brake Software Issue
Volvo cars is recalling thousands of cars after a fault in the software that affects the brakes, writes Dagens Nyheter. The fault concerns cars with electric motors with model years 2025 and 2026 that have automatic braking when the gas pedal is released.
Care Strike Looms with Potential Major Impact
A major strike in about 80 of the country's private elderly care homes and healthcare facilities is threatening. The effects will be large, warn the employers.
Bilderberg Meeting 2025: Key Figures Gather in Sweden
Several Swedish and internationally known persons will participate in the Bilderberg group's secret meeting which starts at the Grand Hotel today. Among others, Prime Minister Ulf Kristersson (The Moderate Party), Spotify's CEO and founder Daniel Ek and NATO chief Mark Rutte will participate.
Stockholm Stock Exchange Closes Unchanged Amid US-China Trade Talk Anticipation
The Stockholm Stock Exchange retreated slightly on Tuesday and the broad OMXS-index closed unchanged. .
Stock Market Stagnates as Workshop Companies Face Declines
The Stockholm stock exchange began the trading week downward, but the broad OMXS index recovered on Monday afternoon and closed unchanged. .
Volvo CEO Sees Tariff Impact as Manageable Despite Lowered US Forecast
The Trump administration's tariff shock hits AB Volvo's demand. The truck giant is lowering its prognosis for delivery volume in North America this year – despite increased order intake in the first quarter.
Volvo to Cut Up to 800 Jobs in US Facilities
Last truck manufacturer AB Volvo plans to lay off 500-800 employees at three of its facilities in the USA, writes [Reuters](https://www. reuters.
Volvo CEO Calls Trump's Tariffs a Messy Challenge for Swedish Industry
On Thursday, Donald Trump's tariffs will be rolled out. Then, the Swedish automotive industry risks being severely affected.
Ericsson Drops Diversity Language from Annual Report After US Pressure
After President Donald Trump's declaration of war on "diversity and inclusion", Swedish Ericsson has removed all such formulations from its annual report, writes Dagens industri. But AB Volvo does not think that the new requirement collides with the company's goal of 35 percent of leaders being women.
Industrial Giants at the Top on the Stockholm Exchange
The upswing on the Stockholm Stock Exchange intensified during afternoon trading and the industrial sector had a good day. Even the larger European stock exchanges rose – towards new record levels.
Stockholm Stock Exchange Fell
The Stockholm stock exchange ended Monday on minus after a day with small price movements. The broad OMXS index fell 0.
Volvo surges – dividend boost and record payout
The order intake rose unexpectedly much in the fourth quarter and the dividend is increased to a new record. On the stock exchange, it's thumbs up for truck manufacturer AB Volvo's annual report for 2024.
The Stockholm Stock Exchange Closed Down
It shone red on the Stockholm Stock Exchange when Tuesday's trading closed. At the close, the broad OMXS index had fallen 0.
Continued Rise on the Stock Market
The Stockholm stock exchange rose across the board and went up for the sixth consecutive day. The OMXS index had risen 0.
PG Gyllenhammar has died: "meant a lot"
The legendary AB Volvo CEO Pehr G Gyllenhammar, called PG by many, is dead. He became 89 years old.
The Stockholm Stock Exchange Closed Up
The Stockholm stock exchange continued to rise after the Swedish Central Bank's announcement of a double interest rate cut on Thursday. At the close, the broad OMXS index was up 1.
Profit decline for Volvo competitor
AB Volvo competitor Paccar reports a profit before tax of 1. 26 billion dollars for the third quarter of the year, 21 percent lower than the profit for the corresponding quarter last year.
Volvo's CEO Martin Lundstedt: "Europe must take action"
Europe has fallen behind the USA and Asia. This is one of the reasons why the sales of both electric cars and electric trucks have stalled, believes AB Volvo's CEO Martin Lundstedt.
The Crisis for Electric Cars - "Rather an Adjustment"
Declining sales, halted investments, scrapped targets, lowered forecasts, and cutbacks. The electric car industry in Europe is facing headwinds.
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Sweden Herald
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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