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Business & Money - The Local

Top Swedish businesswomen slam boardroom quota plan
Antonia Ax:son Johnson opposes the plan. Photo: Jessica Gow/TT

It's a slippery slope, they say.

Brexit vote
'Brexit is an opportunity for businesses in Stockholm'
Could London's pain be Stockholm's gain post Brexit? Photo: Kirsty Wigglesworth/AP/TT

The Local speaks to British business owners in Sweden about how they think the Brexit vote will impact their work.

Use it or lose it: Swedish banknotes expire this week
The notes in question. Photo: Micke Larsson/TT

Make sure you don't forget to spend your old Swedish 20, 50 and 1,000 kronor notes, which will no longer be legal tender by the end of the week.

Swedish stocks rebound from post-Brexit collapse
The interior of the Stockholm Stock Exchange. Photo: Fredrik Sanberg/TT

On Tuesday the Stockholm Stock Exchange started to bounce back from a Brexit-inspired worst day of trading since 1986.

Brexit vote
Swedish stock market plummets in Brexit aftermath
The Stockholm Stock Exchange felt the full force of Brexit on Monday morning. Photo: Tomas Oneborg/SvD/TT

Monday is the first day of trading in Sweden since Britain voted to leave the European Union, and negative effects are already being felt, with stocks down by almost five percent at lunchtime.

Sweden trials electrified highway for trucks
The truck draws power as it moves at speeds of up to 90km/h (56mph) while putting out no emissions. Photo: Scania AB

The Swedish truck firm Scania, in partnership with German engineering company, Siemens, is developing the world’s first “eHighway”, a four kilometre stretch of highway north of Stockholm.

H&M admits sales 'below plan' as profits dip
This year has brought bad news for the Swedish powerhouse. Photo: Fredrik Sandberg/TT

The Swedish fashion giant is ruing a cold spring after profits dipped "significantly below plan" between March and May.

Billionaire Swedish banker in the clear after six years
Mats Qviberg. Photo: Fredrik Sandberg, TT

Mats Qviberg and other key figures from defunct Swedish HQ Bank have been cleared of fraud charges.

Two percent of Swedish bosses view Brexit as positive
A new survey shows Swedish business bosses are fretting over Brexit. Photo: Paul Lloyd/FLickr

Eight out of ten Swedish business leaders believe Brexit would hurt industry in Sweden, a new survey shows.

Ericsson probed by US over alleged corruption in China
Photo: Jonas Ekströmer / TT

US authorities are reportedly investigating Swedish telecoms giant Ericsson over claims of corruption in its Chinese operations.

Police to investigate Nordea bank over money laundering
Photo: Marcus Ericsson / TT

A year-long probe by regulators led to criticism of Nordea's procedures.

SAS sputters back to life after five-day strike
SAS plane prepares for landing at Arlanda Airport, Stockholm. Photo: Johan Nilsson/TT

After five days of turmoil most SAS flights are expected to run on schedule on Wednesday - but some passengers will remain grounded in Sweden.

SAS strike grounds home-bound exchange students
Photo: Johan Nilsson/TT

Among the tens of thousands of passengers affected by the SAS pilot strike are exchange students who waiting to go home.

Fifth day of Swedish pilot strike to hit 25,500 passengers
Travellers at Stockholm's Arlanda Airport on Monday. Photo: Johan Nilsson/TT

SAS admits there has been no progress in negotiations as a fifth day of strikes begins.

How much are SAS pilots actually paid?
Strike action by SAS pilots has continued for a fourth day. Photo: Johan Nilsson/TT

The employer and the union can't even agree on exactly how much pilots earn.

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Blog updates

28 June

A message for British expats in Sweden (The Diplomatic Dispatch) »

"The people of the United Kingdom have voted to leave the European Union. As Prime Minister…" READ »

 

10 June

i lördags, på lördag – time phrases for present, past and future (The Swedish Teacher) »

"Hejsan! Swedish time phrases can be difficult to master. It takes a lot of practice to…" READ »

 
 
 
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