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'Immigration is critical' for Stockholm’s future
The city of Stockholm. Photo: Björn Olin/Folio/imagebank.sweden.se

'Immigration is critical' for Stockholm’s future

Stockholm’s business community gathered on Friday to discuss the future of the city’s labour market. While housing and education were mentioned, it was another theme that reigned supreme. READ  

Spotify mute about fresh funding rumours
Spotify is the world's largest online music streaming service. Photo: TT

Spotify mute about fresh funding rumours

Swedish music streaming giant Spotify has declined to comment on reports that it is raising new funds that could delay a public listing. READ  

Jay-Z seeks Swedish music service takeover
Rapper Jay-Z at an NBA basketball game in Los Angeles on January 16th 2015. Photo: TT

Jay-Z seeks Swedish music service takeover

Project Panther, an enterprise linked to American hip hop artist Shawn Carter - better known as Jay-Z- is expected to take over Scandinavian-based digital music firm Aspiro, one of Spotify's biggest rivals. READ  

Presented by Verksamt.se
Stockholm job fair helps immigrant entrepreneurs
The scene at Bazaren in Stockholm. Photo: The Local

Stockholm job fair helps immigrant entrepreneurs

One of Sweden's largest job fairs, Bazaren, kicked off in Stockholm on Thursday, with an estimated 10,000 people set to attend the event with a special focus on entrepreneurs. The Local was on hand to survey the scene. READ  

Sony ditches streaming service for Spotify
Swedens most famous start-up is gaining rapid momentum. Photo: TT

Sony ditches streaming service for Spotify

Swedish music streamer Spotify will provide the soundtrack for Sony devices, the two companies have announced, spelling the end to the streaming music service from the Japanese tech giant that invented the Walkman. READ  

Huge cuts at Gothenburg ball bearing plant
SKF headquarters in Gothenburg. Photo: TT

Huge cuts at Gothenburg ball bearing plant

The world's biggest producer of ball bearings SKF announced massive job cuts on Wednesday even though its net profits soared fivefold in 2014. READ  

Fashion giant H&M to grow as profits soar
H&M's profits are growing. Photo: TT

Fashion giant H&M to grow as profits soar

Swedish fashion giant H&M has announced that its profits for 2014 rose by almost a fifth and pledged to speed up its global expansion. READ  

Electrolux profits jump after massive cost cuts
Stockholm-based white goods producer Electrolux. Photo: TT

Electrolux profits jump after massive cost cuts

Swedish white goods maker Electrolux announced on Wednesday that its profits tripled in 2014, as it looks to North America for growth with the acquisition of General Electrics' appliance division. READ  

Ericsson profits drop as US demand slumps
Ericsson's Stockholm office. Photo: TT

Ericsson profits drop as US demand slumps

Swedish telecoms giant Ericsson's profit plunged by over a third in the fourth quarter of 2014, dragged down by falling demand in its key market North America, the company announced on Tuesday. READ  

Presented by Taxes for Expats
'The age of financial privacy is over'
Unsuspecting Americans have been hit hard by FATCA. Photo: Shutterstock

'The age of financial privacy is over'

Jonathan Weiss hasn’t lived in the US for 25 years. But that didn’t keep his foreign bank account from being frozen in the wake of new US tax laws. Find out how you can avoid the same fate at the hands of FATCA. READ  

Royal couple blames tax woes on identity theft
Princess Madeleine and Chris O'Neill in December 2014. Photo: TT

Royal couple blames tax woes on identity theft

Chris O'Neill, the British-American banker married to Sweden’s Princess Madeleine, has admitted to having had problems over unpaid US taxes, explaining that he had been the victim of identity theft. READ  

Analysis
How private jets took down a Swedish giant
Sverker Martin-Löf is stepping down as chairman of Industrivärden. Photo: TT

How private jets took down a Swedish giant

One of Sweden's top businessmen Sverker Martin-Löf quit as chairman of industry giant Industrivärden this week amid a scandal over private jets and hunting trips. The Local looks at one of the biggest corporate scandals in Sweden in decades. READ  

New EU tax plot despite Sweden criticism
Photo: TT

New EU tax plot despite Sweden criticism

A new plan for a revamped financial transactions tax (FTT) across 11 members of the Eurozone has been mooted by Austria and France - despite opposition to the concept from Sweden and the UK. READ  

Famous Swedish snack gets 2015 makeover
The new semla wrap. Photo: Mattias Ljungberg/Tössebageriet

Famous Swedish snack gets 2015 makeover

One of Sweden's best loved sweet treats, the semla bun, has been given a revamp in Stockholm, with huge queues outside a cafe selling the new flat, wrapped version of the snack, designed to be eaten on the go. READ  

Sweden's Ikea rebuilds relations in Russia
An Ikea store in Russia. Photo: TT

Sweden's Ikea rebuilds relations in Russia

Swedish furniture giant Ikea said on Tuesday that it was standing by its expansion plans in crisis-ridden Russia, saying it was focussing on the long term, but also monitoring the current situation in the country closely. READ  

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The return of the Girl with the Dragon Tattoo
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Blog updates

30 January

Editor’s blog, January 30th (The Local Sweden) »

"Greetings from Sweden where much of the country is heading for what could be the coldest..." READ »

 

26 January

The mysterious -s, part 1 (The Swedish Teacher) »

"Hej! How is your Swedish coming along? A while ago I read on a forum on The..." READ »

 
 
 
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