ABB has sold its Robotics division to SoftBank for $5.4 billion, opting out of a public listing despite promising future prospects, stirring mixed reactions among investors.
ABB divests its Robotics division to Softbank for $5.4 billion, signaling a strategic pivot to focus on core areas and reflecting investor confidence in robotics.
Fragbite Group sells Playdigious for €10.5 million, keeping revenue streams from existing PC games amid a strategic shift towards cryptocurrency investments.
Sweden has suffered the largest drop in flight accessibility among EU countries since the pandemic, risking substantial economic impacts and prompting calls for government intervention to strengthen air travel and airport connectivity.
Ikea has acquired the American logistics company Locus to strengthen its logistics capabilities in the U.S. market, marking a key strategic expansion for the Swedish retailer.
Failed procurement of Sweden's national electricity reserve prompts industry warnings about financial impacts on companies and households and demands regulatory reform.
Swedish freelancing expert Axel Schad advises doubling base hourly calculations to include key costs and recommends rate adjustments for experience and inflation, with Frilans Finans providing hassle-free invoicing solutions.
Swedish municipalities like Kungsbacka and Falköping report stable or strong financial forecasts for 2025, highlighting positive budget results and cautious investment amid demographic challenges.
Following the breakdown of energy talks, Swedish business and industry leaders express frustration and demand renewed political efforts to address critical energy challenges.
Swedbank's new investment bank SB1 Markets has drawn criticism for staffing all 17 analyst positions with men, challenging the bank's diversity claims.
Saudi Arabia’s Public Investment Fund leads a $55 billion acquisition of Electronic Arts, signaling economic diversification and raising cultural concerns.
Swedish family businesses like Teko-tryck continue to feel the harsh effects of tariffs introduced by Donald Trump six months ago, highlighting ongoing economic challenges.
Vanja Wikström's NFT project 'World of Alidia' initially sparked follower enthusiasm but now faces backlash amid financial losses and community disappointment.
A roundup of recent corporate strategy and investment updates: H&M’s CEO rejects spin-off strategies, CVC acquires a stake in education firm ISP, and Nordnet opens pre-market trading for U.S. stocks in Sweden.
The Stockholm Stock Exchange has become Europe's most active market in 2025, attracting over 60 billion kronor in new capital amid strong sector growth and investor interest.
Nelly successfully halts Shein's unauthorized use of promotional images but must cover significant legal expenses, highlighting challenges in copyright enforcement.
Cash IT adapts its comprehensive retail payment systems to ensure flexibility, integration, and stability amid ongoing digitalization and evolving consumer demands.
The Swedish VAT reduction on food faces criticism due to its exclusion of restaurants, raising concerns about comprehensive support for the food industry.