Disney Plans to Cut Thousands of Jobs as Departments Face 20% Savings Targets
Entertainment giant Disney plans to cut thousands of jobs, with some departments facing annual savings targets of around 20%, Bloomberg reports.
BusinessEntertainment giant Disney plans to cut thousands of jobs, with some departments facing annual savings targets of around 20%, Bloomberg reports.
BusinessNovels should still be written by people. But Swedish publishers are using AI to translate romance and feel-good fiction, among other genres. The translations may be “good enough,” but is that what we should be aiming for? asks Anja Gatu, chair of the Swedish Writers’ Association.
EntertainmentThe concept of the “poor student” may be less relevant today. Seven out of ten students rate their finances as “fairly good” or “very good”, according to a new report from CSN.
BusinessMost read today






For the first time in eight years, organic food is gaining market share in Sweden. It is a much-awaited change. The past few years have been tough for organic food in Sweden, says Emma Rung, CEO of Krav.
SwedenInvestigations into the Trump administration, blocked legislation and possible impeachment. If the Democrats take control of either chamber of Congress, President Donald Trump will face a much tougher day-to-day reality. But over the past two years, the president has pushed the limits of his power, according to experts.
World politicsStock markets in Asia that are open are mostly lower.
BusinessTop news






Swedes Viktor Arvidsson and Lucas Raymond each had an assist as Detroit beat Florida 5–3.
Ice hockeyLimiting global warming to 1.5 degrees Celsius would not be enough to protect the Earth’s ice-covered regions. Warming would need to be brought down - preferably to below one degree, according to a new report.
Sweden
Autumn in SwedenForest walks, mushroom season and museum afternoonsThe forests turn gold, the crowds are gone and the museums have their new exhibitions. A good time for the cities, before the Christmas markets open.The best museums in Stockholm
City guide
The list
Attraction
Tue 3 NovEvent data: Visit Stockholm, Stockholm Business Region AB (CC BY 4.0)
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Sweden Herald, where we bring you the latest news from across Sweden in English. From breaking stories in Stockholm and Gothenburg to important developments in Malmö and Uppsala, we keep you up to date with what's happening throughout the country.
We do not just cover Swedish news, we also cover important world events, business developments, sports highlights, and entertainment updates that matter to our readers.
For the first time in eight years, organic food is gaining market share in Sweden. It is a much-awaited change. The past few years have been tough for organic food in Sweden, says Emma Rung, CEO of Krav.
SwedenLimiting global warming to 1.5 degrees Celsius would not be enough to protect the Earth’s ice-covered regions. Warming would need to be brought down - preferably to below one degree, according to a new report.
SwedenA cyclist died after being hit by a car on Rådmansö, east of Norrtälje, on Monday evening.
SwedenVery strong winds combined with snow are expected in the Lapland mountains in the coming days, SMHI warns. At times, the wind may reach storm force.
SwedenAfter more than two decades of legal wrangling, the controversial so-called “Russian house” on Lidingö, outside Stockholm, has been handed over to its owner.
Swedish politicsMusikhjälpen's press conference this week has been postponed. According to information provided to SVT, David Druid was set to be announced as one of the presenters.
SwedenA person has been found dead after a fire at a villa in Kramfors on Monday morning.
SwedenA sports shop in Jönköping was targeted in a brazen burglary on Monday night. The thieves broke in through the roof and hoisted about 20 bicycles through the hole, police said.
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German police have arrested two Belarusian men suspected of planning sabotage.
WorldPrime Minister Benjamin Netanyahu’s Likud party claims the elections in Israel “have been stolen by Arab parties.”
World politicsPassengers are describing the horror of Wednesday morning’s collision between an AVE high-speed train and another train in Spain. “Everything was completely destroyed,” 60-year-old Ana-María told El País.
WorldA drone reportedly struck a market in Sudan on Monday. The death toll has surpassed 100, according to an organization monitoring the war.
ConflictsEmployees at Spain’s state-owned train operator Renfe are expected to strike on Thursday, demanding improved safety.
WorldThree days of national mourning have been declared after the catastrophic train accident in central Spain. At least 68 people died in the collision between two high-speed trains. “All of Spain is mourning,” says Prime Minister Pedro Sánchez.
WorldThe Arab parties appear to be the winners in Israel’s election, while the far right is the loser. But who will take power remains an open question the day after the country’s “destiny” election.
World politicsDonald Trump claims a meeting between Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin will be arranged soon.
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Entertainment giant Disney plans to cut thousands of jobs, with some departments facing annual savings targets of around 20%, Bloomberg reports.
BusinessThe concept of the “poor student” may be less relevant today. Seven out of ten students rate their finances as “fairly good” or “very good”, according to a new report from CSN.
BusinessStock markets in Asia that are open are mostly lower.
BusinessTechnology giant Apple beat expectations in its quarterly report after the New York Stock Exchange closed on Monday evening.
BusinessAmerican AI software company Palantir beat expectations in its quarterly report on Monday evening. Its shares are rising in after-hours trading.
BusinessVilla prices fell unusually sharply in October while apartment prices rose, according to figures from SBAB and housing website Booli.
BusinessThe trading week opened positively on the New York Stock Exchange. But despite falling oil prices, sentiment turned negative. Apple, one of the world’s most valuable listed companies, fell ahead of its quarterly report due out that evening.
BusinessDanish shoe manufacturer Ecco is closing two factories, one in Portugal and one in Vietnam. The move means 2,400 employees will leave the company, Ecco says in a press release.
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Swedes Viktor Arvidsson and Lucas Raymond each had an assist as Detroit beat Florida 5–3.
Ice hockeyNational team winger Anthony Elanga made his first start since returning from injury. He came close to earning Newcastle a point, but the team lost 1-0 at home to Everton in the Premier League.
FootballThe Swedish basketball team will have to do without captain Ludvig Håkanson in the crucial World Cup qualifiers against Hungary and France. The key player injured his foot more than two weeks ago, he tells Aftonbladet. “It sucks,” Håkanson says.
SportsStockholm Open is among the last few events on the ATP Tour and therefore it is difficult to attract the best players on the tour, especially those who have already qualified for the ATP Playoffs.
SportsHäcken are defending their Swedish Championship title despite selling players for 30 million kronor this year. Club manager Marcus Jodin says this is the way forward for other clubs too. “I believe it is a prerequisite for both the men’s and women’s sides,” he says.
FootballNeither Mjällby nor Kalmar broke the deadlock at Strandvallen. After their goalless draw, both teams remain embroiled in the battle to avoid the bottom of the Swedish league.
FootballThe Finnish Ice Hockey Association says it will do everything in its power to prevent Russia from playing in next year’s World Championship. Finland will not play against Russia.
Ice hockeyHäcken finally had the chance to secure the Swedish Championship title on their own. The team seized it in convincing fashion, beating Kristianstad 4–1 after a dream start to clinch their second straight league title. “It’s incredibly fun to get to decide it like this,” says top scorer Maja Bodin.
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Novels should still be written by people. But Swedish publishers are using AI to translate romance and feel-good fiction, among other genres. The translations may be “good enough,” but is that what we should be aiming for? asks Anja Gatu, chair of the Swedish Writers’ Association.
EntertainmentMeta is postponing the introduction of new terms of service for companies following harsh criticism from media outlets in Europe and the US.
EntertainmentOlivia Rodrigo releases her first Christmas song, the American star says on social media.
MusicSteve Ellis, who rose to fame as the lead singer of Love Affair, has died, The Guardian reports. The British artist was 76.
MusicMarie Silkeberg has been awarded this year’s Bellman Prize by the Swedish Academy. The prize is worth SEK 250,000.
EntertainmentAmerican lifestyle icon and multimillionaire Martha Stewart dressed up as a homeless person for Halloween. After facing strong criticism, she apologized.
EntertainmentWhen “The Hundred-Year-Old Man Who Climbed Out of the Window and Disappeared” returns to the stage, Morgan Alling will play all the roles. The premiere is scheduled for February 25 next year at Intiman in Stockholm.
EntertainmentMore in Culture
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Passengers are describing the horror of Wednesday morning’s collision between an AVE high-speed train and another train in Spain. “Everything was completely destroyed,” 60-year-old Ana-María told El País.
WorldA drone reportedly struck a market in Sudan on Monday. The death toll has surpassed 100, according to an organization monitoring the war.
ConflictsEmployees at Spain’s state-owned train operator Renfe are expected to strike on Thursday, demanding improved safety.
WorldThree days of national mourning have been declared after the catastrophic train accident in central Spain. At least 68 people died in the collision between two high-speed trains. “All of Spain is mourning,” says Prime Minister Pedro Sánchez.
WorldThe Arab parties appear to be the winners in Israel’s election, while the far right is the loser. But who will take power remains an open question the day after the country’s “destiny” election.
World politicsDonald Trump claims a meeting between Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin will be arranged soon.
World politicsMore in World
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