The dollar fell to a five-month low against a basket of peers on speculation a drop in initial jobless claims won’t be enough for the Federal Reserve to accelerate plans to raise interest rates.
Riksbank Governor Stefan Ingves’s pledge that Sweden will avoid a deflationary spiral was overshadowed by a report today revealing that prices sank twice as much as policy makers had estimated.
Sweden’s largest companies are ignoring warnings from Finance Minister Anders Borg that he will impose quotas unless they move quickly to rectify gender imbalances on their boards.
Glencore Xstrata Plc is the last man standing for all-male boards at FTSE-100 companies after fellow mine operator Antofagasta Plc hired Vivianne Blanlot.
Sweden’s biggest blue-collar union is preparing for a regime change after September elections and says it wants the next government to borrow more and raise taxes to save jobs.
The main investment arm of Sweden’s Wallenberg family, Investor AB, said it won’t support government plans to goad corporate boards into hiring more women.
Sweden’s Prime Minister Fredrik Reinfeldt is adding his voice to billionaire investor George Soros’s in cautioning against complacency as he warns of a “very weak” recovery in Europe.
As Sweden’s biggest banks wait for regulators to tighten Europe’s toughest capital rules, a less fettered form of credit is gaining traction.
When the mayor of Scania AB’s hometown learned late Friday of Volkswagen AG’s plan to take full control of the truckmaker, she hit the phones.
Nordic currencies are diverging the most in a year as traders punish Sweden for lagging behind Norway in averting deflation.