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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
Sweden Herald - Latest Sweden News | Trump to ask China to open up to American companies during visit by Sweden Herald AI generated summary, Read the full article for complete information. U.S. President Donald Trump announced that during his three‑day visit to China he will ask President Xi Jinping to “open up” the country to American companies, bringing top executives such as Nvidia CEO Jensen Huang and Tesla CEO Elon Musk on the presidential plane. Trump posted on Truth Social that he wants “these brilliant people” to be able to work their magic, and the administration hopes the trip will lead to a trade council aimed at preventing a trade war. The American delegation lands on Wednesday, with talks scheduled for Thursday and Friday. Read more: https://swedenherald.com/article/trump-to-ask-china-to-open-up-to-american-companies-during-visit #DonaldTrump #XiJinping #ElonMusk #China #businessnews #JensenHuang
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
Sweden Herald - Latest Sweden News | Inflation and oil prices pressure Wall Street by Sweden Herald AI generated summary, Read the full article for complete information. High inflation and rising oil prices dragged on Wall Street on Tuesday, as U.S. consumer prices jumped to a 3.8 % annual rate in April—the highest level since May 2023—diminishing expectations of a Federal Reserve rate cut in June. Investors also took profits, especially in AI‑related tech stocks, pushing those shares lower, while North Sea crude surged 3.4 % to $107.70 a barrel amid an unresolved Iran conflict. The broader market reflected the pressure, with the S&P 500 slipping 0.2 % and the Nasdaq falling 0.7 %, even as the Dow Jones Industrial Average managed a modest 0.1 % gain. Read more: https://swedenherald.com/article/inflation-and-oil-prices-pressure-wall-street #WallStreet #NYSE #FederalReserve #SP500 #Nasdaq #DowJones #NorthSea #US #Iran #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 5d ago
Sweden Herald - Latest Sweden News | US inflation higher than expected in April by Sweden Herald AI generated summary, Read the full article for complete information. U.S. inflation accelerated to 3.8 percent in April — the highest rate since May 2023 and slightly above analysts’ 3.7 percent forecast — while core inflation (excluding food and energy) edged up to 2.8 percent. The surge was accompanied by a 21 percent jump in airfares, driven by higher jet‑fuel costs after the Iran conflict, and a 0.3 percent year‑on‑year decline in average hourly earnings, a blow to middle‑class and low‑income households, according to Navy Federal Credit Union chief economist Heather Long. In response, U.S. market interest rates rose and Wall Street futures slipped. Read more: https://swedenherald.com/article/us-inflation-higher-than-expected-in-april #HeatherLong #CNBC #WallStreet #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 5d ago
Sweden Herald - Latest Sweden News | EQT raises bid for London-listed Intertek to £9.2 billion (about SEK 115 billion) by Sweden Herald AI generated summary, Read the full article for complete information. EQT, the Wallenberg family’s private‑equity firm, has increased its offer for London‑listed Intertek Group to about £9.2 billion (roughly SEK 115 billion), proposing £60 per share—a £2 rise over its earlier bid and representing a 59 % premium to Intertek’s April 9 share price. The new proposal follows three previous offers that Intertek’s board has rejected. Intertek, a global testing and certification provider, employs more than 44 000 people across over 100 countries. (Published 12 May 2026). Read more: https://swedenherald.com/article/eqt-raises-bid-for-londonlisted-intertek-to-92-billion-about-sek-115-billion #EQT #IntertekGroup #Wallenberg #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 5d ago
Sweden Herald - Latest Sweden News | Danske Bank lowers interest rate on three-month variable mortgages by Sweden Herald AI generated summary, Read the full article for complete information. Danske Bank announced it will cut the interest rate on three‑month variable‑rate mortgages by 0.05 percentage points, citing lower market rates and reduced borrowing costs, while keeping rates for other mortgage terms unchanged; the change translates to a monthly saving of about SEK 42 on a SEK 1 million loan, and follows Nordea’s recent reductions of 0.10 and 0.15 percentage points on its one‑ and two‑year fixed‑rate mortgages. Read more: https://swedenherald.com/article/danske-bank-lowers-interest-rate-on-threemonth-variable-mortgages #DanskeBank #Nordea #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 6d ago
Sweden Herald - Latest Sweden News | AP CEO changes jobs, goes to Handelsbanken Fonder AB by Sweden Herald AI generated summary, Read the full article for complete information. Kristin Magnusson Bernard, who is stepping down as CEO of Första AP‑fonden, will assume the role of chief executive at Handelsbanken Fonder AB on 1 August 2026; the company’s chairman, Carl Cederschiöld, said her solid financial‑market experience and strong leadership will support the fund’s continued development. Read more: https://swedenherald.com/article/ap-ceo-changes-jobs-goes-to-handelsbanken-fonder-ab #KristinMagnusson #CarlCederschild #HandelsbankenFonder #businessnews #KristinMagnussonBernard
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · May 04, 2026
Sweden Herald - Latest Sweden News | Bitcoin above $80,000 as trading week starts by Sweden Herald AI generated summary, Read the full article for complete information. Bitcoin began the trading week above $80,000 per coin—the highest level since late January—after recovering from a sharp decline that saw it fall from its historic peak of over $126,000 in October 2023 to around $60,000 in February 2024. The cryptocurrency rebounded throughout early April, briefly breaching the $80,000 mark before slipping to roughly $70,800 during morning trading. Read more: https://swedenherald.com/article/bitcoin-above-80000-as-trading-week-starts #Bitcoin #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · May 04, 2026
Sweden Herald - Latest Sweden News | GameStop makes $55.5 billion bid for eBay by Sweden Herald AI generated summary, Read the full article for complete information. GameStop has submitted a $55.5 billion offer—about 510 billion kronor—to acquire eBay at roughly $125 per share, and it plans to slash the e‑commerce platform’s costs by $2 billion in the first year after the takeover; eBay has not yet responded to the bid. Read more: https://swedenherald.com/article/gamestop-makes-555-billion-bid-for-ebay #GameStop #eBay #Amazon #Alibaba #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · May 02, 2026
Sweden Herald - Latest Sweden News | Record cash and cash equivalents at Warren Buffett's Berkshire Hathaway by Sweden Herald AI generated summary, Read the full article for complete information. Warren Buffett’s Berkshire Hathaway reported a massive increase in cash and cash equivalents, rising sharply in Q1 2026 to about $397 billion (roughly SEK 3.66 trillion) after a modest dip at the end of the previous year and following the sale of $8.1 billion in assets. This marks the first quarter under new CEO Greg Abel, who took over from Buffett. Berkshire, a conglomerate with around 40 subsidiaries spanning insurance, railroads, energy and retail, also continues to hold sizable stakes in major public companies such as Apple and Coca‑Cola. Read more: https://swedenherald.com/article/record-cash-and-cash-equivalents-at-warren-buffetts-berkshire-hathaway #WarrenBuffett #BerkshireHathaway #GregAbel #Apple #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · May 02, 2026
Sweden Herald - Latest Sweden News | Trump's new tariff threat hits Volvo Cars, leaving it uncomfortable by Sweden Herald AI generated summary, Read the full article for complete information. President Donald Trump has warned that tariffs on European‑made cars exported to the United States could rise from 15 % to 25 % as early as next week, a move he says is meant to punish the EU for not honoring trade agreements. While the threat is part of a broader series of trade warnings that have yet to materialize, analysts say Volvo Cars could be the most exposed, because only a small fraction of its U.S. sales—about 120‑125 000 vehicles annually—come from its Charleston, South Carolina plant, which produces the EX90 SUV and will soon add the XC60. With U.S. electric‑vehicle subsidies recently withdrawn, Volvo’s U.S. sales have already fallen 32 % in the first quarter, and additional tariffs would further strain the automaker’s already challenging market position. Read more: https://swedenherald.com/article/trumps-new-tariff-threat-hits-volvo-cars-leaving-it-uncomfortable #DonaldTrump #VolvoCars #EuropeanUnion #Handelsbanken #HampusEngellau #TruthSocial #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 30, 2026
Sweden Herald - Latest Sweden News | Apple reports quarterly results better than expected by Sweden Herald AI generated summary, Read the full article for complete information. Apple announced quarterly results that beat analysts’ expectations, posting earnings per share of $2.01 versus the forecast $1.92 and revenue of $111.18 billion, slightly above the projected $109.7 billion. Overall sales grew 16.5 % year‑over‑year, outpacing the anticipated 15 % increase, although iPhone revenue fell a bit short at $56.99 billion compared with the expected $57.21 billion. Despite the stronger numbers, Apple’s shares slipped 0.9 % in after‑hours trading on the New York Stock Exchange. Read more: https://swedenherald.com/article/apple-posts-betterthanexpected-quarterly-earnings #Apple #iPhone #NYSE #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 30, 2026
Sweden Herald - Latest Sweden News | Meta does not live up to expectations, stock falls in after-hours trading by Sweden Herald AI generated summary, Read the full article for complete information. Meta’s latest quarterly report disappointed analysts, as its shares plunged nearly 7 % in after‑hours trading on the New York Stock Exchange. The company posted earnings of $7.32 per share on revenue of $56.3 billion, slightly above the $55.45 billion analysts had forecast, but investment costs came in far lower at $19.84 billion versus the expected $27.57 billion. Daily active users rose 4 % to 3.56 billion, still falling short of the 3.62 billion expected. The combination of mixed financial results and weaker‑than‑anticipated user growth led to a sharp drop in Meta’s stock price. Read more: https://swedenherald.com/article/meta-does-not-live-up-to-expectations-stock-falls-in-afterhours-trading #Meta #LSEG #NewYork #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Sources: EQT considering sweetened bid for Intertek by Sweden Herald AI generated summary, Read the full article for complete information. EQT, a venture‑capital firm linked to the Wallenberg group, is preparing a higher, “sweetened” offer for London‑listed testing and certification company Intertek Group, according to Bloomberg. Intertek’s shares were around £46.35 on the London Stock Exchange, after the company previously turned down EQT’s offers of £51.50 and £54 per share. The new proposal would value Intertek at about £8.3 billion (roughly SEK 104 billion), though it remains unclear whether EQT will ultimately raise its bid further. Read more: https://swedenherald.com/article/sources-eqt-considering-sweetened-bid-for-intertek #EQT #Intertek #Wallenberg #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Peab shares fall more than 10 percent after interim report by Sweden Herald AI generated summary, Read the full article for complete information. Peab’s shares slid more than 10 % on the Stockholm Stock Exchange minutes after the company issued its first‑quarter interim report, which revealed a pre‑tax loss and a surprisingly weak order intake that fell to SEK 15.6 billion – down from SEK 16.6 billion in the same quarter a year earlier and far below analysts’ expectations of a rise to SEK 18 billion. Read more: https://swedenherald.com/article/peab-shares-fall-more-than-10-percent-after-interim-report #Peab #StockExchange #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Person charged with suspicion of front-running by Sweden Herald AI generated summary, Read the full article for complete information. A person has been charged with aggravated market manipulation, specifically “front‑running,” by Sweden’s Economic Crime Agency (EBM). Prosecutor Jan Leopoldson alleges that the defendant deliberately sold a large block of shares in a housing‑development company on the Stockholm Stock Exchange to push the price down, then bought a substantial amount of the same shares off‑exchange at the reduced price, netting a profit of several hundred thousand kronor. The prosecutor warned that such conduct endangers small investors and erodes confidence in the financial system. (Source: TT News Agency, English edition by Sweden Herald.) Read more: https://swedenherald.com/article/person-charged-with-suspicion-of-frontrunning #JanLeopoldson #EBM #StockholmExchange #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Profit boost for Apotea as sales grow 10.5% and operating profit rises to just over SEK 101 million in the first quarter by Sweden Herald AI generated summary, Read the full article for complete information. Online pharmacy Apotea reported a strong first‑quarter performance, with operating profit rising to just over SEK 101 million and sales increasing 10.5% to slightly above SEK 1.9 billion. The company attributed the higher profit to a combination of increased sales, a higher gross margin and continued cost control, and highlighted the new logistics centre in Varberg as a key growth driver, enabling it to dispatch around 27,000 packages in a single day. Read more: https://swedenherald.com/article/profit-boost-for-apotea-as-sales-grow-105-and-operating-profit-rises-to-just-over-sek-101-million-in-the-first-quarter #Apotea #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Asian stock markets mostly up Wednesday as Shenzhen and Hang Seng rise, Kospi falls by Sweden Herald AI generated summary, Read the full article for complete information. Asian stock markets were largely higher on Wednesday, with China’s Shenzhen index leading gains at +1.3 percent and Shanghai inching up +0.1 percent, while Hong Kong’s Hang Seng rose +1.1 percent; by contrast South Korea’s Kospi slipped ‑0.2 percent, and the Tokyo Stock Exchange was closed for the day. (Published Wed 29 Apr 2026 05:20 CEST.) Read more: https://swedenherald.com/article/asian-stock-markets-mostly-up-wednesday-as-shenzhen-and-hang-seng-rise-kospi-falls #Shenzhen #HangSeng #KOSPI #Shanghai #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 29, 2026
Sweden Herald - Latest Sweden News | Expert: AI profitability concerns could stop the tech giants' stock market rally by Sweden Herald AI generated summary, Read the full article for complete information. The article notes that the “magnificent seven” big‑tech firms—Meta, Alphabet, Microsoft, Amazon, Apple, Nvidia and Tesla—have propelled U.S. stock indexes to record highs despite geopolitical tensions and volatile energy markets, but investors are now questioning whether their massive AI and data‑center spending will translate into sustainable profits. Analyst Maria Landeborn of Danske Bank points out that while capital expenditures by Microsoft, Alphabet, Amazon and Meta are expected to rise to $649 billion this year, the focus has shifted from continual forecast upgrades to cost control and long‑term profitability, as markets scrutinize whether AI investments can be recouped. The upcoming quarterly reports (Alphabet, Amazon, Meta and Microsoft on April 29; Apple on April 30; Nvidia on May 20) are expected to fuel a continued rally, yet any disappointment could trigger a sharper correction given the high valuations driven by AI optimism. Read more: https://swedenherald.com/article/expert-ai-profitability-concerns-could-stop-the-tech-giants-stock-market-rally #MariaLandeborn #DanskeBank #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026
Sweden Herald - Latest Sweden News | Postnord's profit up 50 percent in first quarter by Sweden Herald AI generated summary, Read the full article for complete information. PostNord, the Swedish‑Danish parcel and letter provider, announced an adjusted operating profit of SEK 138 million for the first quarter, marking a 50 % increase over the same period a year earlier. Despite the profit rise, net sales fell 3 % in constant‑currency comparable units, driven by an 18 % drop in letter volumes while parcel volumes grew 12 %. The company attributed the mixed results to the winding down of Danish national letter handling, which eroded synergies and raised restructuring costs for its parcel business. Read more: https://swedenherald.com/article/postnords-profit-up-50-percent-in-first-quarter #PostNord #PostNordDenmark #Swedish_Danish #businessnews
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026
Sweden Herald - Latest Sweden News | More flavor for Coca-Cola - raises 2026 sales forecast, beats expectations by Sweden Herald AI generated summary, Read the full article for complete information. Coca‑Cola announced that it is raising its 2026 sales forecast after posting first‑quarter earnings and sales that beat market expectations. The company attributes the growth to its push for healthier, low‑calorie drinks and a strategy that emphasizes smaller bottles and cans, appealing to price‑sensitive consumers facing higher energy costs. The upbeat results have lifted the stock, which is up about 8 % in pre‑market trading and has risen 8 % so far this year. Read more: https://swedenherald.com/article/more-flavor-for-cocacola-raises-2026-sales-forecast-beats-expectations #Coca_Cola #WallStreet #businessnews
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