Sweden Rate Cut Delivers Instant Relief to Floating Mortgage Holders
Sweden's central bank cut rates to 2.0%, providing immediate relief to households with floating-rate mortgages. The move benefits real estate and...
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Sweden's central bank cut rates to 2.0%, providing immediate relief to households with floating-rate mortgages. The move benefits real estate and...
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Norway's $1.7 trillion sovereign wealth fund lost $40 billion in Q1 2025 due to heavy exposure to US tech stocks during an AI sector correction. The...
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Equinor is cutting 1,200 contractors (20% of contractor workforce) while preserving permanent jobs, reflecting Norway's complex balance between state...
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Iceland's housing market faces paralysis as lenders halt inflation-linked mortgages following a Supreme Court ruling. Real estate agents warn...
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Icelandic banks suspend inflation-linked mortgages after Supreme Court ruling deems lending terms unlawful. The decision creates uncertainty in...
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ĂŤslandsbanki cuts core mortgage limits from 70% to just 50% of property values. The changes respond to new European banking regulations and affect...
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Iceland's new retail giant Drangar could reach a 40 billion krĂłnur valuation if integration succeeds. The conglomerate combines energy, retail and...
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A massive entertainment center in Sweden's Täby Centrum has gone bankrupt after operating for less than a year. The complex featuring trampoline...
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Swedish unions escalate their fight against Tesla with a new telecommunications blockade. The action could disrupt Tesla's operations in Sweden...
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Nearly two-thirds of Norwegian state-owned enterprise leaders say political micromanagement limits their effectiveness. Former Bane Nor CEO Thor...
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Iceland plans major state asset sales that could cut national debt by one trillion krĂłnur and slash interest costs. The proposal includes selling all...
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An Icelandic company turned personal mobility challenges into a thriving business. Mobility imports and adapts assistive devices unavailable locally....
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Iceland eliminates import taxes on clean energy vehicles while raising fossil fuel vehicle taxes. Industry leaders warn electric work vehicles face...
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East Iceland faces economic crisis as cruise ships abandon ports due to new passenger fees. Municipalities project billion-krĂłna losses as ship...
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Icelandic IT company Origo has acquired Microsoft specialist Kappa to strengthen its business solutions portfolio. The purchase adds experienced...
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Three East Iceland stores have expanded to Akureyri, bringing design goods and sportswear to northern markets. The businesses are testing urban...
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Oslo Stock Exchange dropped 1.8% Friday following global market declines. Major Norwegian energy and shipping companies led the losses, with Höegh...
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Iceland's Outstanding Companies award program reveals business resilience sixteen years after the financial crisis. Only 2% of Icelandic companies...
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Iceland's Competition Authority investigates bank employees for potential competition law breaches after Supreme Court interest rate ruling....
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Iceland's Hagar Group posted 3.7 billion krĂłnur ($27M) profit in H1 2025, boosted by Bonus supermarkets and OlĂs stations. The retail giant saw...
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Icelandic media company Sýn has issued a profit warning, slashing its 2025 operating profit forecast to 280 million króna. The company cited...
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Iceland's Fjarðabyggð municipality will analyze infrastructure needs for Mjóeyrarhöfn port amid growing interest in 80,000 square meters of vacant...
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Swedish food prices fell for the second consecutive month in September, dropping 0.8% from August. The decline helped push overall inflation lower,...
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