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Nobel Prize season arrives amid war, nuclear fears, hunger

Indian Express 30 Sep 2022
While that desire is understandable, that choice is unlikely because the Nobel committee has a history of honoring figures who end conflicts, not wartime leaders, said Dan Smith, director of the Stockholm International Peace Research Institute.Advertisement ... The peace prize also does not always confer protection.Advertisement.
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Swedish rate-setters say quick action key to fight inflation spiral – minutes

FX Empire 29 Sep 2022
STOCKHOLM (Reuters) – Sweden’s central bank must act robustly to get inflation under control or rising prices could become entrenched, rate-setters said in the minutes of the central bank’s most recent policy meeting, published on Thursday ... (Reporting by Stockholm Newsroom; editing by Niklas Pollard). Advertisement ... Sign Up ... Latest Articles. See All.
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Swedish economy set to grind to a halt as inflation bites

FX Empire 28 Sep 2022
STOCKHOLM (Reuters) – Sweden’s economic growth will grind to a halt next year amid soaring inflation and interest rate rises, casting a pall over households and businesses as they prepare for rough times ahead, data showed on Wednesday ... (Reporting by Stockholm Newsroom, editing by Terje Solsvik and Angus MacSwan). Advertisement ... Sign Up ... See All ... ....
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Navistar appoints Fabio Souza as Executive Vice President of Service Solutions

Longview News-Journal 28 Sep 2022
LISLE, Ill., Sept ... In addition, he attained a postgrad degree in business administration and marketing from the Higher School of Advertising and Marketing in Brazil (ESPM). Souza also holds a specialization in administration and management from Stockholm School of Economics. About Navistar. Navistar, Inc ... SOURCE Navistar International Corporation ... ....
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Air Malta is too small to survive – Ryanair CEO

The Malta Independent 25 Sep 2022
... five new destinations from Malta, which are Bordeaux, Bournemouth, Lisbon, Shannon and Stockholm. ADVERTISEMENT .
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Ericsson says no hardware exported to Russia, only software support

FX Empire 23 Sep 2022
STOCKHOLM (Reuters) -Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports ... Advertisement.
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Swedish central bank surprises with full percentage point rate hike

FX Empire 20 Sep 2022
STOCKHOLM (Reuters) – Sweden’s central bank hiked interest rates by a full percentage point to 1.75% on Tuesday in surprise move and warned that more was to come as it sought to get to grips with surging inflation ... Two analysts expected a full percentage point. (Reporting by Stockholm Newsroom; editing by Niklas Pollard). Advertisement ... Sign Up ... ....
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Venture capital firm Northzone raises 1 billion euros

FX Empire 13 Sep 2022
STOCKHOLM (Reuters) – Nordic venture capital firm Northzone said on Tuesday it had raised more than 1 billion euros, one of the largest such funding rounds in Europe this year ... “In any graph you will see this anomaly that’s called 2021 ... (Reporting by Supantha Mukherjee in Stockholm; Editing by Kirsten Donovan). Advertisement ... Sign Up ... Latest Articles.
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Sweden’s Ringhals 4 nuclear outage extends into winter months

FX Empire 13 Sep 2022
OSLO (Reuters) – Swedish utility Vattenfall said on Tuesday it had delayed the restart of the Ringhals 4 nuclear reactor by two months to Jan ... Prices can become extreme,” he said ... (Reporting by Nora Buli in Oslo and Anna Ringstrom in Stockholm, editing by Terje Solsvik, Louise Heavens and David Evans). Advertisement ... Sign Up ... Latest Articles. See All.
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Swedish right opposition inches ahead in election cliff-hanger

Indian Express 12 Sep 2022
A TV4 poll on election day also showed the centre-left commanding a narrow lead.Advertisement ... “I’m fearing very much a repressive, very right-wing government coming,” Malin Ericsson, 53, a travel consultant, said earlier on Sunday at a voting station in central Stockholm.Advertisement ... Advertisement.
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Swedish voters hand anti-immigration Sweden Democrats influential role

FX Empire 12 Sep 2022
STOCKHOLM (Reuters) – Sweden’s right bloc appeared in pole position on Monday to form a government for the first time in nearly a decade, helped by a wave of voter anger over gang violence which could give an anti-immigration populist party a share in power for the first time ... Advertisement.
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EU races to help industry as Russian gas halt rattles markets

FX Empire 05 Sep 2022
By Susanna Twidale and Nora Buli ... Russia says the West has launched an economic war and sanctions have hampered pipeline operations ... Emergency plans ... (Reporting by Susanna Twidale in London, Nora Buli in Oslo, Supantha Mukherjee in Stockholm and Essi Lehto in Helsinki; Writing by Edmund Blair; Editing by Mark Potter). Advertisement ... Sign Up ... See All ... ....
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Sweden to offer $23 billion in liquidity guarantees to energy firms

FX Empire 04 Sep 2022
STOCKHOLM (Reuters) – Sweden aims to offer 250 billion Swedish crowns ($23.23 billion) in liquidity guarantees to ... (Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik). Advertisement.
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Klarna’s half yearly operating loss rises

FX Empire 31 Aug 2022
STOCKHOLM (Reuters) – Swedish payments company Klarna said on Wednesday its half-yearly operating loss more than tripled weighed down by an increase in employee costs, higher credit losses and continued investment in market expansion ... (Reporting by Supantha Mukherjee in Stockholm, Editing by Louise Heavens). Advertisement ... Sign Up ... Latest Articles ... ....
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Ericsson to wind down business activities in Russia over coming months

FX Empire 29 Aug 2022
STOCKHOLM (Reuters) – Ericsson said on Monday it will gradually wind down business activities ... (Reporting by Supantha Mukherjee in Stockholm, editing by Stine Jacobsen). Advertisement.
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