EconomyWill invest $50 billion in the US following Trump's threats of import tariffs.
Economy
Sweden discovers strategic metals crucial for future technologies
SwedenThe deposit is estimated to be the largest of its kind within the EU - containing over 2.2 million tons of rare earth metals.
The Nordics get their first crypto bank – Safello integrates banking services
EconomySafello's 400,000 customers will gain access to traditional banking services such as payment accounts, card payments, and Swish connectivity directly within the cryptocurrency platform.
China’s economy grows faster than expected despite trade war
EconomyChina's economy, the world's second largest, grew by 5.2 percent in the second quarter driven by strong exports and investments.
Swedish food giant Axfood reports strong operating profit
EconomyThe Swedish food market continues to grow despite economic uncertainty.
Bitcoin reaches new record highs – institutions drive development
EconomyThe leading cryptocurrency Bitcoin continues its impressive development and reached a new peak on Thursday at $118,780.
Nvidia becomes first company to reach four trillion dollars in market value
EconomyThe chip giant's stock soared as the AI boom continues to drive growth, causing CEO Jensen Huang's personal wealth to explode.
Swedish government allocates hundreds of millions to World Bank’s aid fund
Economy"An important investment in the future, both for the world's low-income countries and for Sweden", comments Swedish Minister for International Development Benjamin Dousa.
Organic Maps – the map app that doesn’t map you
TechTired of Google Maps tracking you? Here's the free alternative that lets you navigate completely offline!
Electric cars plummet in value – diesel holds up better than expected
EconomySeveral electric car models have lost more than half their value after three years - a sharp drop that stands out in comparison to diesel cars, where losses have been much more limited.
One in five young Swedish women see shopping as a hobby amid rising debt
Economy"Everyone is shopping. It's not weird really. It's weirder if you don't have a shopping addiction", claims Donja Mollazadeh, who says shopping gives her a "dopamine rush".
Bitcoin reaches new record level – could become a safe haven
EconomyOn Wednesday, the previous record was broken and at the time of writing, one bitcoin is valued at a whopping $111,196.
Fuel prices in Sweden set to climb regardless of political outcome
EconomyThe EU's emissions trading scheme directly affects Swedish consumers - and Brussels won't allow major tax cuts either.
Swedish state secretary bought Saab shares day before Hungary Gripen deal announcement
EconomyDiana Janse (M) denies insider information - but law professor calls the action "clearly inappropriate" and says it risks damaging confidence in the government.
Danes boycott Coca-Cola
EconomyFeeling "disrespected" after Trump's demands on Greenland - meanwhile local Danish brands like Jolly Cola are soaring.
Bank CEO’s explanation for distrust in banks: “Anti-Semitism”
EconomyMajority of Poles now express distrust in banks - but BNP Paribas boss dismisses it as a legacy of historical prejudice.
IMF chief: World economic order is being reshaped
EconomyThe entire world economy is now entering a "new era", proclaims the organization's chief economist Pierre-Olivier Gourinchas.
Teuton Systems offers smart privacy-focused technology – without compromise
TechWe take the fight against corporate snooping, mass government surveillance and criminal phone tapping through firm open source principles and secure products.
Swedish economics students can’t do basic math
EconomyMany business students lack basic math skills. As a result, accounting has to be carried out in other countries – and sensitive information can fall into the wrong hands.
Fast charging electric cars now more expensive than gas in Sweden
EconomyHowever, home charging is generally much cheaper at current electricity prices.
Swedish government: Unprecedented economic turbulence ahead
Economy"We had good conditions for getting the economy going. But then this happened - the trade war has materialized", regrets Finance Minister Elisabeth Svantesson.
Economy professor: Trump’s tariffs rooted in “flakey” trade deficit analysis
EconomyThe trade deficits have nothing to do with the trade policies of the rest of the world. They have no indication whatsoever that anybody is ripping off anybody, especially that the rest of the world is ripping off the United States, according to Jeffrey Sachs.
Trump’s new tariffs take effect: “Lots of companies will be wiped out”
Economy"Everything that the US buys from China will disappear. There will be a huge price shock in every way and shortages of all kinds of things", says China analyst Alexis von Sydow.
EconomyBelieves that the US trade war will affect development worldwide.
Economist: Tariff turmoil temporary – Swedish economy remains resilient
Economy"Should not really affect our economy", says former Avanza economist Claes Hemberg.
Swedish coffee prices to surge tomorrow
EconomyA regular packet is expected to be almost €2 more expensive in the shops. "The biggest price increase I've ever seen", says the CEO of coffee manufacturer Lindvall.