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Lars Söderfjäll

Lars Söderfjäll

Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value
Business News

Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value

Incorrect 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
China's AI Breakthrough - "Bolt from the Blue"
Business News

China's AI Breakthrough - "Bolt from the Blue"

A Chinese breakthrough in artificial intelligence (AI) – a successful budget version of an AI app from Deepseek – is shaking up the AI circles in the West. It appears to be a model that is just as effective as Open AI and significantly more energy- and cost-efficient
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