STOCKHOLM Sweden's digital minister stressed Ericsson's importance for jobs and technology in Europe on Friday after a U.S. official suggested the United States buy stakes in the telecoms gear maker or Finland's Nokia to counter Huawei's dominance in 5G.
STOCKHOLM Sweden's Ericsson warned it faced higher costs this year as it rolls out new 5G networks and was also hit by a temporary slowdown in its U.S. market, sending its shares 7% lower on Friday.
STOCKHOLM A surge in drug-linked gang-violence in Sweden led to a 60% increase in bomb blasts in 2019, government statistics showed on Thursday, as police work to rid the streets of explosives and guns with more officers on patrol.
STOCKHOLM Sweden's central bank ended five years of negative interest rates on Thursday when it raised benchmark borrowing costs by a quarter point to zero, defying an economic slowdown and global uncertainty.
* Swedish crown broadly unchanged
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STOCKHOLM When bailiffs came knocking earlier this year, it was the first time Kaddi Bah realised the four-room Stockholm apartment she shared with her sister and another friend was being illegally sub-let.
STOCKHOLM Sweden's central bank is expected to become the first in the world to claw its way out of negative interest rates on Thursday, as worries about the unwanted side-effects of such a policy trump signs of slower growth at home and a shaky global outlook.
* Headline inflation 1.7% year/year, in line with c.bank
STOCKHOLM Austrian writer Peter Handke, winner of the 2019 Nobel literature prize, said on Friday he preferred anonymous hate mail to questions about his support for Slobodan Milosevic, Serbia's strongman during the Balkan wars of the 1990s.
* Figures unlike to change Riksbank's plan for Dec hike
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