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Swedish inflation picks up in June, puts more rate cuts in doubt

Swedish inflation picks up in June, puts more rate cuts in doubt

STOCKHOLM (Reuters) -Swedish headline consumer prices rose 0.5% in June from the previous month and were up 2.9% from the same month a year earlier, flash figures from the statistics office (SCB) showed on Monday. Stripping out volatile energy...

Sweden Data Center Market Investment Analysis & Growth Opportunities 2025-2030: Prime Commercial Rents In Stockholm Surge, Impacting Data Center Investments

Sweden Data Center Market Investment Analysis & Growth Opportunities 2025-2030: Prime Commercial Rents In Stockholm Surge, Impacting Data Center Investments

(MENAFN- GlobeNewsWire - Nasdaq) The Swedish Data Center Market is set to grow significantly, valued at USD 2 billion in 2024 and projected to reach USD 3.80 billion by 2030, with a CAGR of 11.29%. The market is witnessing a shift from on-premise...

The Swedish church at the centre of a Russian spy drama

The Swedish church at the centre of a Russian spy drama

Swedish intelligence services believe that one of the country's Russian Orthodox churches could be a base for spying. Almost everything about the "onion-domed" church beside Västerås Airport, about an hour from Stockholm, "seems odd", said France...

Julia Ju Appointed as New Chief Executive in Hong Kong: Lars Malm to Depart The Swedish Club

The Swedish Club is delighted to announce the appointment of Julia Ju as the new Chief Executive and Area Manager of the Hong Kong Branch effective 1 October 2025. It follows the news that Lars A. Malm will be leaving the organisation to take on a...

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...

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%...

MSPs Under More Scrutiny From Customers on Cyber Than Ever

MSPs Under More Scrutiny From Customers on Cyber Than Ever

New research by Cybersmart has revealed that over half (58%) of MSP leaders globally believe their customers are at more risk today than this time last year. As a result, MSPs are being relied upon more than ever by customers to provide critical...

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...

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...

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...

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...

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...

Role of NGOs in driving agric development in Zim’s economy

Role of NGOs in driving agric development in Zim’s economy

Zimbabwe’s agricultural sector has been affected by recurring droughts, Cyclone Idai, the El Niño phenomenon and the COVID-19 pandemic. AGRICULTURE forms the cornerstone of Zimbabwe’s economy, employing more than 60% of the population and...

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...

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