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July 11, 2020

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New York Times - World

Sweden Has Become the World’s Cautionary Tale

New York Times
by New York Times014
New York Times – For more and to sign up click here Sweden is exposed to the vagaries of global trade. Once the pandemic was unleashed, it was certain to suffer the economic consequences, said Mr. Kirkegaard, the economist. Updated July 7, 2020 Is the coronavirus airborne? The coronavirus can......
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CNBC Business

Herd immunity strategies called into question after coronavirus antibody study in Spain

CNBC
by CNBC019
CNBC – For more and to sign up click here Customers sit at tables socially distanced from each other at the outdoor terrace of a bar, operating at reduced capacity in Plaza Mayor in Madrid, Spain. NurPhoto Covid-19 antibodies in Spain’s population “are insufficient to provide herd immunity,” a new......
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CNBC Business

Sweden’s currency has strengthened — with no coronavirus lockdown — and the trend could continue

CNBC
by CNBC012
CNBC – For more and to sign up click here Swedish krona notes and coins sit in a cashier’s till. Linus Hook | Bloomberg via Getty Images Sweden’s currency, the krona or crown, has strengthened against the euro in the last three months, as the country went against the grain......
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New York Post

Swedish drinkers to go the distance with new pub app

NYPost
by NYPost00
STOCKHOLM – Pub drinkers and restaurant-goers are set to get digital help from Swedish-based developers whose new app aims to make social distancing rules work as the hospitality industry cautiously reopens amid ongoing coronavirus concerns. Sweden has kept bars and restaurants open for table-only service during the pandemic, but authorities......
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BBC USA

‘Total mistake’ to include Sweden in WHO warning

BBC
by BBC010
Image copyright AFP Image caption Swedes have been told to maintain social distancing but there has been no lockdown Swedish state epidemiologist Anders Tegnell has rejected a warning from the World Health Organization that included Sweden among countries in Europe at risk of a Covid-19 resurgence. The WHO on Thursday......
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CNBC Business

Shunned by its Nordic neighbors for its coronavirus strategy, Sweden says there are ‘wounds it will take time to heal’

CNBC
by CNBC014
CNBC – For more and to sign up click here People play chess at a park in Stockholm on May 29, 2020, amid the coronavirus Covid-19 pandemic. JONATHAN NACKSTRAND The decision to exclude Sweden from the lifting of travel restrictions between Nordic countries Finland, Denmark and Norway, following the coronavirus......
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Reuters - Business

AB Volvo to cut white-collar workforce by 4,100 jobs as pandemic weighs

Reuters
by Reuters013
FILE PHOTO: Martin Lundstedt, CEO of Volvo, presents the company’s first quarter results at a news conference in Stockholm, Sweden April 25, 2017. TT News Agency/Noella Johansson via REUTERS STOCKHOLM (Reuters) – Truck- and construction equipment maker AB Volvo (VOLVb.ST) plans to cut its white-collar workforce by around 4,100 positions......
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In the News

This Swedish Woman Creates Stunning Braided Hairstyles And Teaches You How To Do It Yourself

IA
by IA09
Hair braids are a true classic. This hairstyle has always been there for us and it seems like it’s not planning to go out of style anytime soon. The oldest known reproduction of hair braiding is in fact on the head of the well-known Venus of Willendorf herself—the figurine that......
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Reuters - Business

Nokia names new finance chief in management revamp

Reuters
by Reuters015
FILE PHOTO: The logo of Nokia is seen before the company’s news conference in Espoo, Finland March 2, 2020. Lehtikuva/Markku Ulander via REUTERS (Reuters) – Finnish telecoms equipment maker Nokia (NOKIA.HE) named a new finance chief on Thursday, completing an overhaul of its top executive team as it battles rivals......
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New York Times - World

After 34 Years, Sweden Says It Knows the Killer of Olof Palme

New York Times
by New York Times016
New York Times – For more and to sign up click here Bedeviled for over 34 years by the mysterious killing of Olof Palme, the Swedish prime minister who was shot in the back by an unknown assailant on a quiet Stockholm street, Sweden’s judiciary finally made its case on......
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CNBC Business

The EU’s massive coronavirus stimulus plan faces three crucial hurdles

CNBC
by CNBC028
CNBC – For more and to sign up click here Austrian Chancellor Sebastian Kurz . Austria is one of the EU countries reluctant to accept the European Commission’s proposal tap financial markets to support the 27 economies in the covid-crisis. HELMUT FOHRINGER The European Commission has proposed a 750-billion euro......
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Reuters - Business

AstraZeneca approached Gilead about potential merger – Bloomberg News

Reuters
by Reuters025
FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational antiviral drug Remdesivir in patients with severe coronavirus disease (COVID-19), during the outbreak of the coronavirus disease (COVID-19), in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake/File Photo (Reuters) – AstraZeneca......
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CNBC Business

Sweden ‘could have done better’ in tackling coronavirus outbreak, chief epidemiologist admits

CNBC
by CNBC012
CNBC – For more and to sign up click here Groups of people sit in a park at Tantolunden in Stockholm, Sweden, on Friday, May 22, 2020. Bloomberg Sweden’s chief epidemiologist, who controversially advocated a no-lockdown strategy to combat the coronavirus epidemic in the country, has admitted that more could......
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Reuters - Business

Big in China and tiny in the U.S., Fast Retailing seen weathering pandemic

Reuters
by Reuters016
TOKYO/BEIJING (Reuters) – The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection. People wearing face masks, following the coronavirus disease (COVID-19) outbreak, walk past H&M and the Fast Retailing’s Uniqlo stores at a......
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CNBC Business

Sweden’s economy actually grew in the first quarter after it opted against a full virus lockdown

CNBC
by CNBC024
CNBC – For more and to sign up click here A woman walks through the Kungstradgarden in Stockholm on May 8, 2020, amid the new coronavirus COVID-19 pandemic. Jonathan NACKSTRAND | AFP The Swedish economy expanded at a far superior rate than many of its European counterparts over the first......
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