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Swedish Inflation Rises To 0.8%

Swedish Inflation Rises To 0.8%

Sweden's consumer price inflation increased more-than-expected in June to the highest level in four months, flash data from Statistics Sweden showed on Monday. The consumer price index, or CPI, rose 0.8 percent year-over-year in June, following a...

Why “Main Character Energy” Is The Beauty Trend Of The Summer At Revolve

Why “Main Character Energy” Is The Beauty Trend Of The Summer At Revolve

Rhode will make its brick-and-mortar debut in retail at Sephora in the fall, but the beauty specialty chain isn’t its first retail partnership. Hailey Bieber’s $1 billion baby has partnered with Revolve by showing up at the e-tailer’s famed...

HIVE Digital Technologies Surges 18% in Monthly Bitcoin Production as Phase 2 Paraguay Expansion Launches; On Track for 25 EH/s and 12 BTC Per Day Run Rate by Year-End

Breadcrumb Trail Links Newsfile Article content This news release constitutes a “designated news release for the purposes of the Company’s amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated...

Vietnam sees 33% surge in FDI in H1 2025, manufacturing leads

Vietnam sees 33% surge in FDI in H1 2025, manufacturing leads

Vietnam has attracted over $21.51 billion in foreign direct investment (FDI) during the first half of 2025, reflecting around 33 per cent rise year-over-year (YoY), according to the Ministry of Finance. This capital influx includes newly...

Saab wins Swedish order for 22 new combat boats

Saab wins Swedish order for 22 new combat boats

Saab has been awarded a contract by the Swedish Defence Materiel Administration (FMV) for the supply of 22 combat boats, valued at approximately SEK 900 million. The order was officially booked in the second quarter of 2025. Manufactured at Saab’s...

AliExpress strengthens grip on Europe’s e-commerce market

AliExpress strengthens grip on Europe’s e-commerce market

While Temu’s meteoric rise continues to capture headlines across Europe, AliExpress – the international marketplace arm of Alibaba – has been quietly cementing its position as a dominant force in European e-commerce. Despite its launch in 2010, it...

Tesla sales in Denmark and Sweden drop for sixth month in a row

Tesla sales in Denmark and Sweden drop for sixth month in a row

June saw the sales of Teslas in Denmark and Sweden drop for the sixth consecutive month, due to a decline in Elon Musk’s popularity. The sales of Tesla vehicles in Denmark decreased by 61.6%, with the Tesla Model Y’s sales dropping to 31.2%...

Saab receives order for additional CB 90 assault craft for Sweden

Saab receives order for additional CB 90 assault craft for Sweden

Powered by twin Scania DI16 V8 diesels, the Stridsbåt 90HSM is capable of achieving speeds exceeding 40 kt. (Saab) The Swedish Defence Material Administration (Försvarets materielverk: FMV) has awarded a contract to Saab for the supply of...

Seychelles and RISE Advance Sustainable Ports for Small Island States

Seychelles and RISE Advance Sustainable Ports for Small Island States

[By Mikael Lind, Rajelle Barbe, Sandra Haraldson, Wolfgang Lehmacher, Daniel Adam, David Bianchi, Chrystold Chetty, Sony Payet, Phillippa Samson, and Lennart Swenson] On 6 May 2025, the Seychelles Port Authority (SPA) and Sweden’s RISE have signed...

The potential inflection point for the European battery industry

The potential inflection point for the European battery industry

Europe has long since run out of domestically produced batteries. According to data by Fraunhofer ISI, the continent accounts for 25% of global battery demand, despite accounting for just 10% of global production. As of 2023, 80% of this demand...

Stanford-led team shares honor for ‘revolutionizing’ study of high-energy cosmic phenomena

Stanford-led team shares honor for ‘revolutionizing’ study of high-energy cosmic phenomena

The universe looks different when seen through NASA’s Fermi Gamma-ray Space Telescope. Where the human eye sees deep black space with twinkling stars, Fermi shows a blazing strip of gamma rays, the highest-energy form of light, extending across...

The US Military Emits More CO2 Than Sweden. But A Slight Budget Cut Could Have an Oversized Positive Effect

The US Military Emits More CO2 Than Sweden. But A Slight Budget Cut Could Have an Oversized Positive Effect

When it comes to climate change impact, few institutions have cast a longer and heavier shadow than the United States military. Its footprint extends far beyond geopolitical frontiers, reaching into the very atmosphere that sustains us. Now, a new...

New radio station begins broadcasting from Stockholm public sauna

New radio station begins broadcasting from Stockholm public sauna

A new radio station has launched within a public sauna in Stockholm. Sauna Radio began broadcasting on Saturday (July 5) from Eden Bastun, near Lake Mälaren; the radio's "floating deck" booth is set close to one of the venue's saunas, with a...

EU supercharges EV battery manufacturing with €852m funding

EU supercharges EV battery manufacturing with €852m funding

This landmark investment, sourced from the EU’s Emissions Trading System via the Innovation Fund, marks a major step in Europe’s push to become a global leader in EV battery production. As demand for electric vehicles surges and the world shifts...

H&M adopts bodycam strategy amid industry trend to reduce retail shrinkage

H&M adopts bodycam strategy amid industry trend to reduce retail shrinkage

Image Courtesy: https://www.retailgazette.co.uk/ In an attempt to combat the rising rates of stealing and violent attacks on employees, H&M is the most recent retailer in the UK to provide body cameras to its employees. In response to mounting...

European spending drops as trade tensions hit consumer wallets

European spending drops as trade tensions hit consumer wallets

Published on 07/07/2025 - 11:44 GMT+2 Retail sales in the eurozone fell at their steepest monthly rate in nearly two years in May, as growing uncertainty over US trade tariffs weighed on consumer sentiment and curbed spending. According to first...

World Associated Press Underwater turbine spinning for 6 years off Scotland's coast is a breakthrough for tidal energy

World Associated Press Underwater turbine spinning for 6 years off Scotland's coast is a breakthrough for tidal energy

Submerged in about 40 meters (44 yards) of water off Scotland's coast, a turbine has been spinning for more than six years to harness the power of ocean tides for electricity — a durability mark that demonstrates the technology's commercial...

August rate cut may be off the table with Sweden’s inflation surge to 2.9%

August rate cut may be off the table with Sweden’s inflation surge to 2.9%

Sweden’s inflation rate climbed to 2.9%, past analyst expectations, leading many to doubt whether the central bank will move forward with its anticipated August rate cut. In May, the country’s CPIF was 2.3%; thus, many analysts’ forecasts ranged...

Underwater turbine spinning for 6 years off Scotland’s coast is a breakthrough for tidal energy

Underwater turbine spinning for 6 years off Scotland’s coast is a breakthrough for tidal energy

Submerged in about 40 meters (44 yards) of water off Scotland’s coast, a turbine has been spinning for more than six years to harness the power of ocean tides for electricity — a durability mark that demonstrates the technology’s commercial...

Alma and Rexbo Acquire Light Industrial Properties in Greater Stockholm

Alma and Rexbo Acquire Light Industrial Properties in Greater Stockholm

Alma Property Partners and Rexbo Gröna Industrihus have acquired three light industrial property assets within the Länna industrial area of Stockholm’s Huddinge municipality in two separate transactions. Huddinge Fräsen 6 & 7 and Huddinge...

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